Common use of Pending Litigation or Other Proceedings Clause in Contracts

Pending Litigation or Other Proceedings. There is no pending or, to the best knowledge of the Borrower, threatened action, suit, proceeding or investigation, at law or in equity, before any court, board, body or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 5 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

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Pending Litigation or Other Proceedings. There is no pending --------------------------------------- or, to the best knowledge of the Borrower, threatened action, suit, proceeding proceeding, or investigation, at law or in equity, before any court, board, body body, or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property of the Properties or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc)

Pending Litigation or Other Proceedings. There is no --------------------------------------- pending or, to the best knowledge of the Borrower, threatened action, suit, proceeding proceeding, or investigation, at law or in equity, before any court, board, body body, or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property the Project or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Pending Litigation or Other Proceedings. There is no pending or, --------------------------------------- to the best knowledge of the Borrower, threatened action, suit, proceeding or investigation, at law or in equity, before any court, board, body or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Agreement (United Dominion Realty Trust Inc)

Pending Litigation or Other Proceedings. There is no --------------------------------------- pending or, to the best knowledge of the Borrower, threatened action, suit, proceeding proceeding, or investigation, at law or in equity, before any court, board, body body, or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property of the Properties or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc)

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Pending Litigation or Other Proceedings. There is no pending or, to the best knowledge of the Borrower, threatened action, suit, proceeding or investigation, at law or in equity, before any court, board, body or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Pending Litigation or Other Proceedings. There is no --------------------------------------- pending or, to the best knowledge of the Borrower, threatened action, suit, proceeding or investigation, at law or in equity, before any court, board, body or official of any Governmental Authority or arbitrator against or affecting any Mortgaged Property or any other portion of the Collateral or other assets of the Borrower, which, if decided adversely to the Borrower, would have, or may reasonably be expected to have, a Material Adverse Effect. The Borrower is not in default with respect to any order of any Governmental Authority.

Appears in 1 contract

Samples: Credit Facility Agreement (United Dominion Realty Trust Inc)

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