Common use of Pending Proceedings Clause in Contracts

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 2 contracts

Samples: Intercreditor and Subordination Agreement, Intercreditor and Subordination Agreement

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Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Place East Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx ApartmentsProperty, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF County Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Place West Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Subordination Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Spectrum Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Affordable Housing Investment Fund Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Xxxxxx Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF CDBG Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Xxxxxxxxx Garden 1 Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

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Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Columbia Hills West Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Parc Rosslyn Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan County Loans or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Fund Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx Clarendon Court Apartments, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan County Loans or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

Pending Proceedings. Borrower is not in default in any material respect under any law or regulation or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Xxxxxxx Xxxxxxx ApartmentsXxxxxx House II Improvements, at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Borrower, materially affect Borrower’s ability to repay the AHIF Loan or repair, operate or maintain the Property, or impair the security to be given to the County Board pursuant hereto.

Appears in 1 contract

Samples: Loan Agreement

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