No Forfeiture. Nothing contained herein will result in a forfeiture or reversion of Grantor’s title in any respect.
No Forfeiture. Neither the Borrower nor any of its Subsidiaries or Affiliates is engaged in or proposes to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding and no Forfeiture Proceeding against any of them is pending or threatened.
No Forfeiture. Such deferral or noncompliance will not place the Fee Estate in material danger of being forfeited or lost.
No Forfeiture. Except by the enforcement of a judgment lien against the property of the defaulting Party, nothing contained in this Agreement shall create any reversion, condition, or right of re-entry or other provisions for forfeiture under which either Party can be cut off, subordinated, or otherwise disturbed in the possession of its property.
No Forfeiture. Such deferral or noncompliance will not place the Premises in material danger of being forfeited or lost.
No Forfeiture. Nothing contained herein will result in a forfeiture or reversion of title in any respect.
No Forfeiture. None of Borrower nor any of the Guarantors is engaged in or proposes to be engaged in any unlawful activity which is reasonably likely to result in a Forfeiture Proceeding and no Forfeiture Proceeding against any of them is pending or, to the best of Borrower's knowledge, threatened.
No Forfeiture. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act, omission or circumstance affording such right of forfeiture. In furtherance thereof, Borrower hereby indemnifies Lender and agrees to defend and hold Lender harmless from and against any loss, damage or injury by reason of the breach of the covenants and agreements or the representations and warranties set forth in this paragraph. Without limiting the generality of the foregoing, the filing of formal charges or the commencement of proceedings against Borrower or all or any part of the Properties under any federal or state law for which forfeiture of the Properties or any part thereof or of any monies paid in performance of Borrower's obligations under the Loan Documents is a potential result, shall, at the election of Lender, constitute an Event of Default hereunder without notice or opportunity to cure.
No Forfeiture. The Secured Party may at its sole option incur reasonable expenses including attorneys' fees to protect his interest in the Shares and the Debtor shall immediately reimburse the Secured Party for any such fees and expenses.
No Forfeiture. The Company is not engaged in or proposes to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding, and no Forfeiture Proceeding against any of them is pending or, to the knowledge of the Company, is threatened.
