{"component": "clause", "props": {"groups": [{"size": 31, "snippet": "Assuming due execution and delivery by the other parties thereto, the Borrower Loan Documents and the Funding Loan Documents to which the Borrower is a party will constitute the legal, valid and binding agreements of the Borrower enforceable against the Borrower in accordance with their terms; except in each case as enforcement may be limited by bankruptcy, insolvency or other laws affecting the enforcement of creditors\u2019 rights generally, by the application of equitable principles regardless of whether enforcement is sought in a proceeding at law or in equity and by public policy.", "samples": [{"hash": "1N69kFuWURl", "uri": "/contracts/1N69kFuWURl#proceedings-enforceability", "label": "Borrower Loan Agreement", "score": 36.1842536926, "published": true}, {"hash": "jSsXLVQR4c0", "uri": "/contracts/jSsXLVQR4c0#proceedings-enforceability", "label": "Borrower Loan Agreement", "score": 34.0693511963, "published": true}, {"hash": "5NR0I7MAppj", "uri": "/contracts/5NR0I7MAppj#proceedings-enforceability", "label": "Borrower Loan Agreement", "score": 33.9470252991, "published": true}], "snippet_links": [{"key": "due-execution-and-delivery", "type": "clause", "offset": [9, 35]}, {"key": "the-other-parties", "type": "clause", "offset": [39, 56]}, {"key": "borrower-loan-documents", "type": "clause", "offset": [70, 93]}, {"key": "funding-loan-documents", "type": "definition", "offset": [102, 124]}, {"key": "a-party", "type": "clause", "offset": [150, 157]}, {"key": "agreements-of-the-borrower", "type": "clause", "offset": [203, 229]}, {"key": "in-accordance-with", "type": "clause", "offset": [263, 281]}, {"key": "each-case", "type": "definition", "offset": [305, 314]}, {"key": "other-laws", "type": "definition", "offset": [374, 384]}, {"key": "enforcement-of", "type": "clause", "offset": [399, 413]}, {"key": "rights-generally", "type": "clause", "offset": [425, 441]}, {"key": "application-of", "type": "clause", "offset": [450, 464]}, {"key": "equitable-principles", "type": "definition", "offset": [465, 485]}, {"key": "public-policy", "type": "definition", "offset": [573, 586]}], "hash": "996784ed02bb6dad68fb8cd4c60a6545", "id": 1}, {"size": 27, "snippet": "Borrower has taken all necessary action to authorize the execution, delivery and performance of the Loan Documents. The Loan Documents have been duly executed and delivered by Borrower and constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting rights of creditors generally, and general principles of equity. The Loan Documents are not subject to, and Borrower has not asserted, any right of rescission, set-off, counterclaim or defense, including the defense of usury. No exercise of any of the terms of the Loan Documents, or any right thereunder, will render any Loan Document unenforceable.", "samples": [{"hash": "kTsbKZSqtcx", "uri": "/contracts/kTsbKZSqtcx#proceedings-enforceability", "label": "Loan Agreement (Lodging Fund REIT III, Inc.)", "score": 33.2436676025, "published": true}, {"hash": "b8hQ9GPvked", "uri": "/contracts/b8hQ9GPvked#proceedings-enforceability", "label": "Loan Agreement (Lodging Fund REIT III, Inc.)", "score": 33.2436676025, "published": true}, {"hash": "agcT23NJcfI", "uri": "/contracts/agcT23NJcfI#proceedings-enforceability", "label": "Loan Agreement (American Realty Capital New York City REIT, Inc.)", "score": 24.4127311707, "published": true}], "snippet_links": [{"key": "all-necessary-action", "type": "clause", "offset": [19, 39]}, {"key": "the-execution", "type": "clause", "offset": [53, 66]}, {"key": "performance-of-the-loan-documents", "type": "clause", "offset": [81, 114]}, {"key": "executed-and-delivered", "type": "clause", "offset": [150, 172]}, {"key": "by-borrower", "type": "clause", "offset": [173, 184]}, {"key": "obligations-of-borrower", "type": "clause", "offset": [225, 248]}, {"key": "against-borrower", "type": "clause", "offset": [261, 277]}, {"key": "in-accordance-with", "type": "clause", "offset": [278, 296]}, {"key": "subject-to", "type": "definition", "offset": [321, 331]}, {"key": "similar-laws", "type": "definition", "offset": [370, 382]}, {"key": "rights-of-creditors", "type": "clause", "offset": [393, 412]}, {"key": "general-principles", "type": "definition", "offset": [428, 446]}, {"key": "right-of-rescission", "type": "clause", "offset": [532, 551]}, {"key": "defense-of-usury", "type": "clause", "offset": [601, 617]}, {"key": "exercise-of", "type": "clause", "offset": [622, 633]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [645, 662]}, {"key": "loan-document-unenforceable", "type": "clause", "offset": [715, 742]}], "hash": "01ebfdc8354f3988c7351a4e28a117e8", "id": 2}, {"size": 24, "snippet": "This Agreement and the other Loan Documents have been duly authorized, executed and delivered by Borrower and constitute a legal, valid and binding obligation of Borrower, enforceable against Borrower in accordance with their respective terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors\u2019 rights generally, and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). The Loan Documents are not subject to any right of rescission, set-off, counterclaim or defense by Borrower or Guarantor including the defense of usury, nor would the operation of any of the terms of the Loan Documents, or the exercise of any right thereunder, render the Loan Documents unenforceable, and none of Borrower or Guarantor have asserted any right of rescission, set-off, counterclaim or defense with respect thereto.", "samples": [{"hash": "9IykNukzZ1t", "uri": "/contracts/9IykNukzZ1t#proceedings-enforceability", "label": "Loan Agreement (NOVONIX LTD)", "score": 33.0164260864, "published": true}, {"hash": "1PcOFoBF2CP", "uri": "/contracts/1PcOFoBF2CP#proceedings-enforceability", "label": "Loan Agreement (NOVONIX LTD)", "score": 32.931552887, "published": true}, {"hash": "9ufvO1cxoWt", "uri": "/contracts/9ufvO1cxoWt#proceedings-enforceability", "label": "Loan Agreement (Medalist Diversified REIT, Inc.)", "score": 32.8576316833, "published": true}], "snippet_links": [{"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [5, 43]}, {"key": "duly-authorized", "type": "clause", "offset": [54, 69]}, {"key": "executed-and-delivered", "type": "clause", "offset": [71, 93]}, {"key": "by-borrower", "type": "clause", "offset": [94, 105]}, {"key": "obligation-of-borrower", "type": "clause", "offset": [148, 170]}, {"key": "against-borrower", "type": "clause", "offset": [184, 200]}, {"key": "in-accordance-with", "type": "clause", "offset": [201, 219]}, {"key": "similar-laws", "type": "definition", "offset": [349, 361]}, {"key": "enforcement-of", "type": "clause", "offset": [376, 390]}, {"key": "rights-generally", "type": "clause", "offset": [402, 418]}, {"key": "general-principles", "type": "definition", "offset": [427, 445]}, {"key": "the-loan-documents", "type": "clause", "offset": [551, 569]}, {"key": "subject-to", "type": "definition", "offset": [578, 588]}, {"key": "right-of-rescission", "type": "clause", "offset": [593, 612]}, {"key": "defense-of-usury", "type": "clause", "offset": [686, 702]}, {"key": "operation-of", "type": "clause", "offset": [718, 730]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [742, 759]}, {"key": "exercise-of", "type": "clause", "offset": [778, 789]}], "hash": "5fb8b9ae9d4bd5fc2ff5f15347d204e6", "id": 3}, {"size": 21, "snippet": "Each Loan Party has taken all necessary action to authorize the execution, delivery and performance of this Agreement and each of the other Loan Documents to which it is a party. This Agreement and the other Loan Documents have been duly authorized, executed and delivered by or on behalf of each Loan Party party thereto and constitute legal, valid and binding obligations of each Loan Party party thereto, enforceable against each such Loan Party party thereto in accordance with their respective terms, subject only to applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the rights of creditors generally, and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law). The Loan Documents are not subject to any right of rescission, set-off, counterclaim or defense by any Loan Party including the defense of usury, nor would the operation of any of the terms of the Loan Documents, or the exercise of any right thereunder, render the Loan Documents unenforceable, and no Loan Party has asserted any right of rescission, set-off, counterclaim or defense with respect thereto.", "samples": [{"hash": "6YSjbhHZCjY", "uri": "/contracts/6YSjbhHZCjY#proceedings-enforceability", "label": "Loan Agreement (Invitation Homes Inc.)", "score": 30.4373722076, "published": true}, {"hash": "bM0nz3Wsrzn", "uri": "/contracts/bM0nz3Wsrzn#proceedings-enforceability", "label": "Loan Agreement (Invitation Homes Inc.)", "score": 29.8514709473, "published": true}, {"hash": "k86gKVDWYGn", "uri": "/contracts/k86gKVDWYGn#proceedings-enforceability", "label": "Loan Agreement (Invitation Homes Inc.)", "score": 29.4982891083, "published": true}], "snippet_links": [{"key": "each-loan-party", "type": "definition", "offset": [0, 15]}, {"key": "all-necessary-action", "type": "clause", "offset": [26, 46]}, {"key": "the-execution", "type": "clause", "offset": [60, 73]}, {"key": "performance-of-this-agreement", "type": "clause", "offset": [88, 117]}, {"key": "a-party", "type": "clause", "offset": [170, 177]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [184, 222]}, {"key": "duly-authorized", "type": "clause", "offset": [233, 248]}, {"key": "executed-and-delivered", "type": "clause", "offset": [250, 272]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [273, 291]}, {"key": "party-party", "type": "definition", "offset": [302, 313]}, {"key": "obligations-of-each", "type": "clause", "offset": [362, 381]}, {"key": "in-accordance-with", "type": "clause", "offset": [463, 481]}, {"key": "subject-only", "type": "definition", "offset": [506, 518]}, {"key": "similar-laws", "type": "definition", "offset": [594, 606]}, {"key": "the-rights-of-creditors", "type": "clause", "offset": [617, 640]}, {"key": "general-principles", "type": "definition", "offset": [690, 708]}, {"key": "the-loan-documents", "type": "clause", "offset": [802, 820]}, {"key": "subject-to", "type": "definition", "offset": [829, 839]}, {"key": "right-of-rescission", "type": "clause", "offset": [844, 863]}, {"key": "any-loan", "type": "clause", "offset": [901, 909]}, {"key": "defense-of-usury", "type": "clause", "offset": [930, 946]}, {"key": "operation-of", "type": "clause", "offset": [962, 974]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [986, 1003]}, {"key": "exercise-of", "type": "clause", "offset": [1022, 1033]}, {"key": "no-loan-party", "type": "definition", "offset": [1101, 1114]}], "hash": "ce6340cb34b432a08a447753f92e6039", "id": 4}, {"size": 18, "snippet": "This Guaranty and the other Loan Documents to which Guarantor is a party have been duly authorized, executed and delivered by Guarantor and constitute a legal, valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with their respective terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors\u2019 rights generally, and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). Neither this Guaranty nor any other Loan Document to which Guarantor is a party is subject to any right of rescission, set-off, counterclaim or defense by Guarantor, including the defense of usury, nor would the operation of any of the terms of this Guaranty or such other Loan Documents, or the exercise of any right hereunder or thereunder, render this Guaranty or such other Loan Documents unenforceable, and Guarantor not asserted any right of rescission, set-off, counterclaim or defense with respect thereto.", "samples": [{"hash": "lgVEdUq6u3p", "uri": "/contracts/lgVEdUq6u3p#proceedings-enforceability", "label": "Guaranty of Completion (ACRES Commercial Realty Corp.)", "score": 36.7125244141, "published": true}, {"hash": "fiTtv7Kkf71", "uri": "/contracts/fiTtv7Kkf71#proceedings-enforceability", "label": "Guaranty of Recourse Obligations (ACRES Commercial Realty Corp.)", "score": 36.7125244141, "published": true}, {"hash": "d4KBl71pBD1", "uri": "/contracts/d4KBl71pBD1#proceedings-enforceability", "label": "Guaranty of Interest and Carry Costs (ACRES Commercial Realty Corp.)", "score": 36.7125244141, "published": true}], "snippet_links": [{"key": "this-guaranty", "type": "clause", "offset": [0, 13]}, {"key": "other-loan-documents", "type": "definition", "offset": [22, 42]}, {"key": "a-party", "type": "clause", "offset": [65, 72]}, {"key": "duly-authorized", "type": "clause", "offset": [83, 98]}, {"key": "executed-and-delivered", "type": "clause", "offset": [100, 122]}, {"key": "by-guarantor", "type": "clause", "offset": [123, 135]}, {"key": "obligation-of-guarantor", "type": "clause", "offset": [178, 201]}, {"key": "in-accordance-with", "type": "clause", "offset": [233, 251]}, {"key": "similar-laws", "type": "definition", "offset": [381, 393]}, {"key": "enforcement-of", "type": "clause", "offset": [408, 422]}, {"key": "rights-generally", "type": "clause", "offset": [434, 450]}, {"key": "general-principles", "type": "definition", "offset": [459, 477]}, {"key": "subject-to", "type": "definition", "offset": [666, 676]}, {"key": "right-of-rescission", "type": "clause", "offset": [681, 700]}, {"key": "defense-of-usury", "type": "clause", "offset": [763, 779]}, {"key": "operation-of", "type": "clause", "offset": [795, 807]}, {"key": "terms-of", "type": "definition", "offset": [819, 827]}, {"key": "exercise-of", "type": "clause", "offset": [879, 890]}], "hash": "dc9c5bba807b09078bbd08f8dc96226e", "id": 5}, {"size": 16, "snippet": "Each Borrower has taken all necessary action to authorize the execution, delivery and performance of the Loan Documents. The Loan Documents have been duly executed and delivered by each Borrower that is a party to such Loan Document and constitute legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting rights of creditors generally, and general principles of equity. The Loan Documents are not subject to, and no Borrower has asserted, any right of rescission, set-off, counterclaim or defense, including the defense of usury. No exercise of any of the terms of the Loan Documents, or any right thereunder, will render any Loan Document unenforceable.", "samples": [{"hash": "haJdTCjy57b", "uri": "/contracts/haJdTCjy57b#proceedings-enforceability", "label": "Loan Agreement (Inland Diversified Real Estate Trust, Inc.)", "score": 24.0061607361, "published": true}, {"hash": "f2KGX2ylAb1", "uri": "/contracts/f2KGX2ylAb1#proceedings-enforceability", "label": "Loan Agreement (Supertel Hospitality Inc)", "score": 21.0, "published": true}, {"hash": "lQOpvDuypT5", "uri": "/contracts/lQOpvDuypT5#proceedings-enforceability", "label": "Loan Agreement (Behringer Harvard Reit I  Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "each-borrower", "type": "clause", "offset": [0, 13]}, {"key": "all-necessary-action", "type": "clause", "offset": [24, 44]}, {"key": "the-execution", "type": "clause", "offset": [58, 71]}, {"key": "performance-of-the-loan-documents", "type": "clause", "offset": [86, 119]}, {"key": "executed-and-delivered", "type": "clause", "offset": [155, 177]}, {"key": "a-party", "type": "clause", "offset": [203, 210]}, {"key": "obligations-of", "type": "clause", "offset": [273, 287]}, {"key": "in-accordance-with", "type": "clause", "offset": [336, 354]}, {"key": "subject-to", "type": "definition", "offset": [379, 389]}, {"key": "similar-laws", "type": "definition", "offset": [428, 440]}, {"key": "rights-of-creditors", "type": "clause", "offset": [451, 470]}, {"key": "general-principles", "type": "definition", "offset": [486, 504]}, {"key": "no-borrower", "type": "definition", "offset": [559, 570]}, {"key": "right-of-rescission", "type": "clause", "offset": [589, 608]}, {"key": "defense-of-usury", "type": "clause", "offset": [658, 674]}, {"key": "exercise-of", "type": "clause", "offset": [679, 690]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [702, 719]}, {"key": "loan-document-unenforceable", "type": "clause", "offset": [772, 799]}], "hash": "92e4110fb733903337fcf026cd2ef71d", "id": 6}, {"size": 14, "snippet": "Each Loan Party has taken all requisite corporate, partnership or limited liability company action, as applicable, to authorize the execution, delivery and performance by such Loan Party of the Loan Documents to which it is a party. Each Loan Document which is required to be executed and delivered on or prior to the date on which this representation and warranty is being made has been duly authorized, executed and delivered and constitutes the legal, valid and binding obligation of each Loan Party thereto, enforceable against each such Loan Party in accordance with its respective terms except to the extent that the enforceability thereof may be limited by applicable Debtor Relief Laws and to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).", "samples": [{"hash": "2T9kkxRI0MQ", "uri": "/contracts/2T9kkxRI0MQ#proceedings-enforceability", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 32.8412055969, "published": true}, {"hash": "gKDeKfhYoiT", "uri": "/contracts/gKDeKfhYoiT#proceedings-enforceability", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 29.5831623077, "published": true}, {"hash": "ivRfLlQ5tAF", "uri": "/contracts/ivRfLlQ5tAF#proceedings-enforceability", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 28.835729599, "published": true}], "snippet_links": [{"key": "each-loan-party", "type": "definition", "offset": [0, 15]}, {"key": "limited-liability-company-action", "type": "clause", "offset": [66, 98]}, {"key": "the-execution", "type": "clause", "offset": [128, 141]}, {"key": "performance-by", "type": "definition", "offset": [156, 170]}, {"key": "the-loan-documents", "type": "clause", "offset": [190, 208]}, {"key": "a-party", "type": "clause", "offset": [224, 231]}, {"key": "executed-and-delivered", "type": "clause", "offset": [276, 298]}, {"key": "prior-to-the", "type": "clause", "offset": [305, 317]}, {"key": "representation-and-warranty", "type": "definition", "offset": [337, 364]}, {"key": "duly-authorized", "type": "clause", "offset": [388, 403]}, {"key": "valid-and-binding-obligation", "type": "clause", "offset": [455, 483]}, {"key": "in-accordance-with", "type": "clause", "offset": [553, 571]}, {"key": "except-to-the-extent", "type": "clause", "offset": [593, 613]}, {"key": "debtor-relief-laws", "type": "definition", "offset": [675, 693]}, {"key": "general-principles", "type": "definition", "offset": [701, 719]}], "hash": "c3ecaad7025942841275c0473e146d8e", "id": 7}, {"size": 14, "snippet": "The execution, delivery and performance of this Mortgage, the Note and all of the other Loan Documents have been duly authorized by all necessary action to be, and are, binding and enforceable against Borrower in accordance with the respective terms thereof and do not contravene, result in a breach of or constitute a default (nor upon the giving of notice or the passage of time or both will same constitute a default) under the partnership agreement, articles of incorporation, operating agreement or other organizational documents of Borrower or any contract or agreement of any nature to which Borrower is a party or by which Borrower or any of its property may be bound and do not violate or contravene any law, order, decree, rule or regulation to which Borrower is subject. The Loan Documents are not subject to, and Borrower has not asserted, any right of rescission, set-off, counterclaim or defense, including the defense of usury.", "samples": [{"hash": "iqgq8KILN2l", "uri": "/contracts/iqgq8KILN2l#proceedings-enforceability", "label": "Mortgage, Security Agreement and Fixture Filing (Acadia Realty Trust)", "score": 21.8514709473, "published": true}, {"hash": "kAvPsDXnXES", "uri": "/contracts/kAvPsDXnXES#proceedings-enforceability", "label": "Mortgage, Security Agreement and Fixture Filing (Mack Cali Realty Corp)", "score": 21.0, "published": true}, {"hash": "jAEkjmR5EjU", "uri": "/contracts/jAEkjmR5EjU#proceedings-enforceability", "label": "Mortgage, Security Agreement and Fixture Filing (Mack Cali Realty Corp)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-execution", "type": "clause", "offset": [0, 13]}, {"key": "delivery-and-performance", "type": "clause", "offset": [15, 39]}, {"key": "the-note", "type": "clause", "offset": [58, 66]}, {"key": "other-loan-documents", "type": "definition", "offset": [82, 102]}, {"key": "authorized-by", "type": "definition", "offset": [118, 131]}, {"key": "all-necessary-action", "type": "clause", "offset": [132, 152]}, {"key": "binding-and-enforceable", "type": "clause", "offset": [169, 192]}, {"key": "against-borrower", "type": "clause", "offset": [193, 209]}, {"key": "in-accordance-with", "type": "clause", "offset": [210, 228]}, {"key": "breach-of", "type": "definition", "offset": [293, 302]}, {"key": "a-default", "type": "definition", "offset": [317, 326]}, {"key": "giving-of-notice", "type": "clause", "offset": [341, 357]}, {"key": "passage-of-time", "type": "clause", "offset": [365, 380]}, {"key": "the-partnership-agreement", "type": "clause", "offset": [427, 452]}, {"key": "articles-of-incorporation", "type": "definition", "offset": [454, 479]}, {"key": "agreement-or", "type": "definition", "offset": [491, 503]}, {"key": "organizational-documents-of-borrower", "type": "clause", "offset": [510, 546]}, {"key": "contract-or-agreement", "type": "definition", "offset": [554, 575]}, {"key": "a-party", "type": "clause", "offset": [611, 618]}, {"key": "contravene-any-law", "type": "clause", "offset": [698, 716]}, {"key": "rule-or-regulation", "type": "definition", "offset": [733, 751]}, {"key": "the-loan-documents", "type": "clause", "offset": [782, 800]}, {"key": "subject-to", "type": "definition", "offset": [809, 819]}, {"key": "right-of-rescission", "type": "clause", "offset": [856, 875]}, {"key": "defense-of-usury", "type": "clause", "offset": [925, 941]}], "hash": "ec8f06ea26512212f60f7750270851cc", "id": 8}, {"size": 12, "snippet": "Each Borrower has taken all necessary action to authorize the execution, delivery and performance of the Loan Documents by it, and has the power and authority to execute, deliver and perform under the Loan Documents and all the transactions contemplated thereby. The Loan Documents have been duly authorized, executed and delivered by each Borrower that is a party to such Loan Document and constitute legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors\u2019 rights generally, and general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). The Loan Documents are not subject to any right of rescission, set-off, counterclaim or defense by Borrowers or Guarantor including the defense of usury, nor would the operation of any of the terms of the Loan Documents, or the exercise of any right thereunder, render the Loan Documents unenforceable, and none of Borrowers or Guarantor have asserted any right of rescission, set-off, counterclaim or defense with respect thereto.", "samples": [{"hash": "1eKZE3zjqAM", "uri": "/contracts/1eKZE3zjqAM#proceedings-enforceability", "label": "Loan Agreement (American Realty Capital New York City REIT, Inc.)", "score": 27.6160163879, "published": true}, {"hash": "hGyok5BoQXc", "uri": "/contracts/hGyok5BoQXc#proceedings-enforceability", "label": "Loan Agreement (American Finance Trust, Inc)", "score": 27.2108154297, "published": true}], "snippet_links": [{"key": "each-borrower", "type": "clause", "offset": [0, 13]}, {"key": "all-necessary-action", "type": "clause", "offset": [24, 44]}, {"key": "the-execution", "type": "clause", "offset": [58, 71]}, {"key": "performance-of-the-loan-documents", "type": "clause", "offset": [86, 119]}, {"key": "power-and-authority-to-execute", "type": "clause", "offset": [139, 169]}, {"key": "contemplated-thereby", "type": "clause", "offset": [241, 261]}, {"key": "duly-authorized", "type": "clause", "offset": [292, 307]}, {"key": "executed-and-delivered", "type": "clause", "offset": [309, 331]}, {"key": "a-party", "type": "clause", "offset": [357, 364]}, {"key": "obligations-of", "type": "clause", "offset": [427, 441]}, {"key": "in-accordance-with", "type": "clause", "offset": [491, 509]}, {"key": "similar-laws", "type": "definition", "offset": [639, 651]}, {"key": "enforcement-of", "type": "clause", "offset": [666, 680]}, {"key": "rights-generally", "type": "clause", "offset": [692, 708]}, {"key": "general-principles", "type": "definition", "offset": [714, 732]}, {"key": "subject-to", "type": "definition", "offset": [865, 875]}, {"key": "right-of-rescission", "type": "clause", "offset": [880, 899]}, {"key": "defense-of-usury", "type": "clause", "offset": [974, 990]}, {"key": "operation-of", "type": "clause", "offset": [1006, 1018]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [1030, 1047]}, {"key": "exercise-of", "type": "clause", "offset": [1066, 1077]}], "hash": "e32b033900931d69287df20470e20021", "id": 9}, {"size": 9, "snippet": "Borrower has taken all necessary action to authorize the execution, delivery and performance of the Loan Documents. The Loan Documents to which Borrower is a party have been duly executed and delivered by Borrower and constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting rights of creditors generally, and general principles of equity. The Loan Documents to which Guarantor and/or Affiliates are a party have been duly executed and delivered by such Guarantor and/or Affiliates party thereto, and constitute legal, valid and binding obligations of such Guarantor and/or Affiliates party thereto, enforceable against such Guarantor and/or Affiliates party thereto in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting rights of creditors generally, and general principles of equity. The Loan Documents are not subject to, and Borrower has not asserted, any right of rescission, set-off, counterclaim or defense, including the defense of usury. No exercise of any of the terms of the Loan Documents, or any right thereunder, will render any Loan Document unenforceable.", "samples": [{"hash": "iLoEqeL8WGk", "uri": "/contracts/iLoEqeL8WGk#proceedings-enforceability", "label": "Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)", "score": 21.0, "published": true}, {"hash": "gj0sSOhVY9E", "uri": "/contracts/gj0sSOhVY9E#proceedings-enforceability", "label": "Loan Agreement (Behringer Harvard Reit I Inc)", "score": 21.0, "published": true}, {"hash": "6oouUMCoQoQ", "uri": "/contracts/6oouUMCoQoQ#proceedings-enforceability", "label": "Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "all-necessary-action", "type": "clause", "offset": [19, 39]}, {"key": "the-execution", "type": "clause", "offset": [53, 66]}, {"key": "performance-of-the-loan-documents", "type": "clause", "offset": [81, 114]}, {"key": "a-party", "type": "clause", "offset": [156, 163]}, {"key": "executed-and-delivered", "type": "clause", "offset": [179, 201]}, {"key": "by-borrower", "type": "clause", "offset": [202, 213]}, {"key": "obligations-of-borrower", "type": "clause", "offset": [254, 277]}, {"key": "against-borrower", "type": "clause", "offset": [290, 306]}, {"key": "in-accordance-with", "type": "clause", "offset": [307, 325]}, {"key": "subject-to", "type": "definition", "offset": [350, 360]}, {"key": "similar-laws", "type": "definition", "offset": [399, 411]}, {"key": "rights-of-creditors", "type": "clause", "offset": [422, 441]}, {"key": "general-principles", "type": "definition", "offset": [457, 475]}, {"key": "right-of-rescission", "type": "clause", "offset": [1068, 1087]}, {"key": "defense-of-usury", "type": "clause", "offset": [1137, 1153]}, {"key": "exercise-of", "type": "clause", "offset": [1158, 1169]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [1181, 1198]}, {"key": "loan-document-unenforceable", "type": "clause", "offset": [1251, 1278]}], "hash": "9ac066a4160bac0ffde812d690959643", "id": 10}], "next_curs": "CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiNwcm9jZWVkaW5ncy1lbmZvcmNlYWJpbGl0eSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["representations-and-warranties", "REPRESENTATIONS AND WARRANTIES"], ["borrower-representations", "Borrower Representations"], ["general-representations", "General Representations"], ["representations-and-warranties-of-borrower", "REPRESENTATIONS AND WARRANTIES OF BORROWER"], ["warranties-and-representations", "WARRANTIES AND REPRESENTATIONS"]], "size": 266, "children": [], "title": "Proceedings; Enforceability", "id": "proceedings-enforceability", "related": [["authority-enforceability", "Authority; Enforceability", "Authority; Enforceability"], ["validity-enforceability", "Validity; Enforceability", "Validity; Enforceability"], ["legal-enforceability", "Legal Enforceability", "Legal Enforceability"], ["governing-law-and-enforceability", "Governing Law and Enforceability", "Governing Law and Enforceability"], ["partial-enforceability", "Partial Enforceability", "Partial Enforceability"]], "related_snippets": [], "updated": "2026-07-04T05:45:54+00:00", "also_ask": [], "drafting_tip": "", "explanation": "The \"Proceedings; Enforceability\" clause defines how legal actions related to the agreement may be initiated and ensures that the terms of the contract can be legally upheld. Typically, this clause specifies the jurisdiction or venue where disputes must be resolved and affirms that the agreement is valid and enforceable under applicable law. For example, it may require that any lawsuits be filed in a particular court or confirm that even if one part of the contract is found invalid, the rest remains effective. Its core function is to provide certainty about how and where disputes will be handled and to reinforce the binding nature of the agreement, thereby reducing ambiguity and potential legal challenges."}, "json": true, "cursor": ""}}