Common use of Mortgagor currently complies with ERISA Clause in Contracts

Mortgagor currently complies with ERISA. Neither the making of the loan evidenced by the Note and secured by this Mortgage nor the exercise by Mortgagee of any of its rights under the Loan Documents constitutes or will constitute a non-exempt, prohibited transaction under ERISA.

Appears in 6 contracts

Samples: Security Agreement and Fixture Filing (GTJ REIT, Inc.), Management Agreement (GTJ REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.)

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Mortgagor currently complies with ERISA. Neither the making of the loan evidenced by the Note and secured by this Mortgage nor the exercise by Mortgagee of any of its rights under the Loan Documents constitutes or will constitute a non-exempt, exempt prohibited transaction under ERISA.; and

Appears in 1 contract

Samples: Open End Mortgage, Security Agreement (Mark Centers Trust)

Mortgagor currently complies with ERISA. Neither the making of the loan evidenced by the Note Loan and secured by this Mortgage nor the exercise by Mortgagee of any of its rights under the Loan Documents constitutes or will constitute a non-exempt, prohibited transaction under ERISA.: and

Appears in 1 contract

Samples: BioMed Realty Trust Inc

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Mortgagor currently complies with ERISA. Neither To the best of Mortgagor's knowledge, neither the making of the loan evidenced by the Cambridge Note and guaranteed by the Non-Recourse Guaranty Agreement secured by this Mortgage nor the exercise by Mortgagee of any of its rights under the Loan Documents constitutes or will constitute a non-exempt, prohibited transaction under ERISA.; and

Appears in 1 contract

Samples: Sonesta International Hotels Corp

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