Common use of No Casualty or Condemnation Clause in Contracts

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authority, which would have, in Administrative Agent’s judgment, a material adverse effect on any Borrower, any other Borrower Party or any Project.

Appears in 2 contracts

Samples: Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.)

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No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would have, in Administrative Agent’s judgment, a material adverse effect on any BorrowerBorrowers, any other Borrower Party Guarantor or any Project.

Appears in 2 contracts

Samples: Loan Agreement (CareTrust REIT, Inc.), Loan Agreement (Ensign Group, Inc)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project the Projects shall not have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would havewould, in Administrative Agent’s 's reasonable judgment, result in a material adverse effect on any Borrower, any other Borrower Party or any ProjectMaterial Adverse Change.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Projectthe Projects; no Project the Projects shall not have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authority, which would have, in Administrative Agent’s judgment, a material adverse effect on any Borrower, any other Borrower Party or any Projectthe Projects.

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Core Properties REIT, Inc.)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would have, in Administrative Agent’s 's judgment, a material adverse effect on any Borrower, any other Borrower Loan Party or any Project.

Appears in 1 contract

Samples: Loan Agreement (Provident Senior Living Trust)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would have, in Administrative Agent’s 's judgment, a material adverse effect on any BorrowerBorrowers, any other Borrower Loan Party or any Project.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Senior Living Inc.)

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No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authority, which would have, in Administrative Agent’s judgment, a material adverse effect on any BorrowerBorrowers, any other Borrower Party or any Projectthe Projects.

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital Healthcare Trust Inc)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any the Project; no the Project shall not have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would havewould, in Administrative Agent’s 's reasonable judgment, result in a material adverse effect on any Borrower, any other Borrower Party or any ProjectMaterial Adverse Change.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

No Casualty or Condemnation. No condemnation or adverse zoning or usage change proceeding shall have occurred or shall have been threatened against any Project; no Project shall have suffered any significant damage by fire or other casualty which has not been repaired; no law, regulation, ordinance, moratorium, injunctive proceeding, restriction, litigation, action, citation or similar proceeding or matter shall have been enacted, adopted, or threatened by any Governmental Authoritygovernmental authority, which would have, in Administrative AgentLender’s judgment, a material adverse effect on any BorrowerBorrowers, any other Borrower Party or any Projectthe Projects.

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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