Common use of Pending Actions, Notices and Reports Clause in Contracts

Pending Actions, Notices and Reports. (a) There is no action or investigation pending or, to the best knowledge and belief of Lessee, threatened, anticipated or contemplated (nor, to the knowledge of Lessee, is there any reasonable basis therefor) against or affecting the Leased Property or any member of the Leasing Group (or any Affiliate thereof) before any Governmental Authority, which could prevent or hinder the consummation of the transactions contemplated hereby or call into question the validity of any of the Lease Documents or any action taken or to be taken in connection with the transactions contemplated thereunder or which in any single case or in the aggregate might result in any material adverse change in the business, prospects, condition, affairs or operations of any member of the Leasing Group or the Leased Property (including, without limitation, any action to revoke, withdraw or suspend any Permit necessary or desirable for the construction of the Project for its Primary Intended Use. (b) No member of the Leasing Group has received any notice of any claim, requirement or demand of any Governmental Authority, to take action so as to make the Project or the Leased Property conform to or comply with any applicable Legal Requirement.

Appears in 2 contracts

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\), Leasehold Improvement Agreement (Emeritus Corp\wa\)

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Pending Actions, Notices and Reports. (a) There is no action or investigation pending or, to the best knowledge and belief of Lessee, threatened, anticipated or contemplated (nor, to the knowledge of Lessee, is there any reasonable basis therefor) against or affecting the Leased Property or any member of the Leasing Group (or any Affiliate thereof) thereof before any Governmental Authority, which could prevent or hinder the consummation of the transactions contemplated hereby or call into question the validity of any of the Lease Documents or any action taken or to be taken in connection with the transactions contemplated thereunder or which in any single case or in the aggregate might result in any material adverse change in the business, prospects, condition, affairs or operations of any member of the Leasing Group or the Leased Property (including, without limitation, any action to revoke, withdraw or suspend any Permit necessary or desirable for the construction of the Project for its Primary Intended Use. (b) No member of the Leasing Group has received any notice of any claim, requirement or demand of any Governmental Authority, to take action so as to make the Project or the Leased Property conform to or comply with any applicable Legal Requirement.

Appears in 1 contract

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\)

Pending Actions, Notices and Reports. (a) There is no action or investigation pending or, to the best knowledge and belief of Lessee, threatened, anticipated or contemplated (nor, to the knowledge of Lessee, is there any reasonable basis therefor) against or affecting the Leased Property or any member of the Leasing Group (or any Affiliate thereof) thereof before any Governmental Authority, which could prevent or hinder the consummation of the transactions contemplated hereby or call into question the validity of any of the Lease Documents or any action taken or to be taken in connection with the transactions contemplated thereunder or which in any single case or in the aggregate might result in any material adverse change in the business, prospects, condition, affairs or operations of any member of the Leasing Group or the Leased Property (including, without limitation, any action to revoke, withdraw or suspend any Permit necessary or desirable for the construction of the Project for its Primary Intended Use. (b) No member of the Leasing Group has received any notice of any claim, requirement or demand of any Governmental Authority, to take action so as to make the Project or the Leased Property conform to or comply with any applicable Legal Requirement.. 6. COVENANTS 6.1

Appears in 1 contract

Samples: Arizona Leasehold Improvement Agreement (Emeritus Corp\wa\)

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Pending Actions, Notices and Reports. (a) There is no action or investigation pending or, to the best knowledge and belief of Lessee, threatened, anticipated or contemplated (nor, to the knowledge of Lessee, is there any reasonable basis therefor) against or affecting the Leased Property or any member of the Leasing Group (or any Affiliate thereof) thereof before any Governmental Authority, which could prevent or hinder the consummation of the transactions contemplated hereby or call into question the validity of any of the Lease Documents or any action taken or to be taken in connection with the transactions contemplated thereunder or which in any single case or in the aggregate might result in any material adverse change in the business, prospects, condition, affairs or operations of any member of the Leasing Group or the Leased Property (including, without limitation, any action to revoke, withdraw or suspend any Permit necessary or desirable for the construction of the Project for its Primary Intended Use. (b) No member of the Leasing Group has received any notice of any claim, requirement or demand of any Governmental Authority, to take action so as to make the Project or the Leased Property conform to or comply with any applicable Legal Requirement.

Appears in 1 contract

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\)

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