Common use of Material Adverse Effects Clause in Contracts

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower delivered to Lender pursuant to Section 8.03;

Appears in 6 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc), Master Credit Facility Agreement (Education Realty Trust, Inc.)

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Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower or Sun in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower Sun delivered to Lender pursuant to Section 8.03;

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower such Borrower, IDOT Guarantor or Guarantor in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would may reasonably be expected to have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Guarantor, Borrower or IDOT Guarantor delivered to Lender pursuant to Section 8.03;6.03; and

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that has, or would reasonably be expected to have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower delivered to Lender pursuant to Section 8.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower or Sunrise in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower or Sunrise delivered to Lender pursuant to Section 8.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sunrise Assisted Living Inc)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower or Guarantor in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower or Guarantor delivered to Lender pursuant to Section 8.037.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Colonial Realty Limited Partnership)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower delivered to Lender pursuant to Section 8.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Camden Property Trust)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower delivered to Lender pursuant to Section 8.03;; Master Credit Facility Agreement Camden 2009

Appears in 1 contract

Samples: Master Credit Facility Agreement (Camden Property Trust)

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Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower Borrower, Property Operator or Guarantor in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower or Guarantor delivered to Lender pursuant to Section 8.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Newcastle Investment Corp)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower or Guarantor in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower or Guarantor delivered to Lender pursuant to Section 8.037.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Colonial Properties Trust)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower or Guarantor in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower or Guarantor delivered to Lender pursuant to Section 8.037.04;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Bre Properties Inc /Md/)

Material Adverse Effects. The occurrence of any act, omission, change or event (including the commencement or written threat of any proceedings by or against Borrower in any Federal, state or local court, or before any Governmental Authority, or before any arbitrator), that which has, or would have, a Material Adverse Effect, subsequent to the date of the most recent audited financial statements of Borrower delivered to Lender pursuant to Section 8.03;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Bre Properties Inc /Md/)

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