Common use of No Change in Condition Clause in Contracts

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since September 30, 2004, which change, in the judgment of the Administrative Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

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No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since September 30, 20042001, which change, in the judgment of the Administrative Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties Subsidiaries or Minority Holdings shall have occurred since September 30, 2004, 1999 which change, in the judgment of the Administrative Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Reckson Services Industries Inc)

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since September 30, 2004, 2002 which change, in the judgment of the Administrative Agent and the Syndication Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

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No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since September 30March 31, 2004, 2004 which change, in the judgment of the Administrative Agent and the Syndication Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Reckson Operating Partnership Lp)

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since September 30, 2004, 2005 which change, in the judgment of the Administrative Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Reckson Associates Realty Corp)

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