No Contractual Defaults. There are no material defaults by Guarantor or, to the knowledge of Guarantor, by any other Person under any contract to which Guarantor is a party other than defaults which do not have, and are not reasonably be expected to have, a Material Adverse Effect on Guarantor. Neither Guarantor nor, to the knowledge of Guarantor, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts, which default would have, or which may reasonably be expected to have, a Material Adverse Effect on Guarantor.
No Contractual Defaults. There are no defaults by any Obligor or, to the actual knowledge of Borrower, by any other Person under any contract to which any Obligor is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below), including any management, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which are not reasonably expected to cause a Material Adverse Change. No Obligor nor, to the knowledge of Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Property.
No Contractual Defaults. There are no defaults by any Borrower or, to the knowledge of any Warrantor, by any other Person under any contract to which any Borrower is a party relating to any Mortgaged Property, including any management, rental, service, supply, security, maintenance or similar contract, other than defaults which do not have, and are not reasonably expected to have, a Material Adverse Effect. No Borrower nor, to the knowledge of any Warrantor, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning any Mortgaged Property other than defaults which do not have, and are not reasonably expected to have, a Material Adverse Effect. No event has occurred and is continuing, or would result from the execution of this Agreement, or any other transaction contemplated hereby, which constitutes a Potential Event of Default or an Event of Default. There are no Potential Events of Default or Events of Default.
No Contractual Defaults. There are no defaults by the Borrower Party or, to the knowledge of the Borrower Party, by any other Person under any contract to which the Borrower Party is a party relating to any Mortgaged Property, including any management, rental, service, supply, security, maintenance or similar contract, other than defaults which do not have, and are not reasonably expected to have, a Material Adverse Effect. Neither the Borrower Party nor, to the knowledge of the Borrower Party, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning any Mortgaged Property.
No Contractual Defaults. There are no defaults by the Borrower or, to the knowledge of the Borrower, by any other Person under any contract to which the Borrower is a party relating to any Mortgaged Property, including any management, rental, service, supply, security, maintenance or similar contract, other than defaults which do not have, and are not reasonably expected to have, a Material Adverse Effect. Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning any Mortgaged Property.
No Contractual Defaults. There are no defaults by ----------------------- Borrower or, to the knowledge of Borrower, by any other Person under any contract to which Borrower is a party relating to the Project, including any management, rental, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to have, a Material Adverse Effect. Neither Borrower nor, to the knowledge of Borrower, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning the Project.
No Contractual Defaults. There are no material defaults by Guarantor or, to the knowledge of Guarantor, by any other Person under any material contract to which Guarantor is a party other than defaults which do not permit the non-defaulting party to terminate the contract or which do not have, and are not reasonably be expected to have, a Material Adverse Effect on Guarantor. Guarantor has not received notice, and does not have any knowledge, of any existing circumstances in respect of which it could receive any notice of default or breach in any material respect of any material contracts to which Guarantor is a party.
No Contractual Defaults. The contracts listed in Schedule 1.4 constitute all contracts, written or oral, to which Seller is a party and which affect the Assets, Seller's title thereto, or the use or maintenance of the Assets in connection with the Business. Except as otherwise disclosed 5 in Schedule 1.4, Seller has performed all obligations required to be performed to date, is not in default under any such contract, has no knowledge of any event or knows of no fact which, with notice or lapse of time, or both, would constitute a default by any party to any such contract.
No Contractual Defaults. Except as disclosed on Schedule 2.1.28, there are no defaults by any Ambassador Party or, to the knowledge of Owner, by any other Person under any contract to which any Ambassador Party is a party relating to any Property, including any management, rental, service, supply, security, maintenance or similar contract, that either (i) individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or (ii) involves, in any individual instance, an actual or potential disputed amount that is equal to or greater than $25,000. No Ambassador Party or to the knowledge of Owner, any other Person has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning any Property, that either (i) individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or (ii) involves, in any individual instance, an actual or potential disputed amount that is equal to or greater than $25,000.
No Contractual Defaults. There are no defaults by the Borrower Party or, to the knowledge of the Borrower Party, by any other Person under any contract to which the Borrower Party is a party relating to any Mortgaged Property, including any management, rental, service, supply, security, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to have, a Material Adverse Effect. Neither the Borrower Party nor, to the knowledge of the Borrower Party, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts affecting or concerning any Mortgaged Property other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to have, a Material Adverse Effect.
