Litigation; Proceedings. There shall not have been instituted or threatened any litigation or proceeding in any court or Governmental Authority affecting or threatening to affect Borrower or the Property which has a Material Adverse Effect.
Appears in 14 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.)
Litigation; Proceedings. There shall not have been instituted or threatened threatened, any litigation or proceeding in any court or before any Governmental Authority affecting or threatening to affect Borrower or the Property which has which, if adversely determined, would have a Material Adverse EffectEffect on Borrower, as reasonably determined by Agent.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Price Enterprises Inc)
Litigation; Proceedings. There shall not have been instituted or threatened threatened, any litigation or proceeding in any court or before any Governmental Authority affecting or threatening to affect Borrower or the Property which has REIT which, if adversely determined, would have a Material Adverse Effect.Effect on Borrower or the REIT; and
Appears in 1 contract
Samples: Credit Agreement (Arden Realty Inc)
