Common use of Proceedings Pending Clause in Contracts

Proceedings Pending. There are no proceedings pending, or, to the best of each Borrower’s knowledge, threatened, to acquire any power of condemnation or eminent domain with respect to any part of the Property, or to enjoin or similarly prevent or restrict the use of any Property or the operation of the Facility in any manner.

Appears in 2 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

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Proceedings Pending. There are no proceedings pending, pending or, to the best of each Borrower’s knowledge, threatened, to acquire any part of the Property Collateral by any power of condemnation or eminent domain with respect to any part of the Propertydomain, or to enjoin or similarly prevent or restrict the use of any the Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Term Loan Agreement (Cyanotech Corp)

Proceedings Pending. There are no proceedings pending, pending or, to the best of each the Borrower’s knowledge, threatened, to acquire any part of the Property Collateral by any power of condemnation or eminent domain with respect to any part of the Propertydomain, or to enjoin or similarly prevent or restrict the use of any the Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Term Loan Agreement (Adcare Health Systems Inc)

Proceedings Pending. There are no proceedings pending, or, to the best of each Borrower’s 's knowledge, threatened, to acquire through the exercise of any power of condemnation condemnation, eminent domain, or eminent domain with respect to similar proceeding any part of any of the PropertyProperties, the Improvements or any interest therein, or to enjoin or similarly prevent or restrict the use of any Property the Properties or the operation of the Facility Facilities in any manner.

Appears in 1 contract

Samples: Revolving Loan Agreement (Sunrise Assisted Living Inc)

Proceedings Pending. There are no proceedings pending, pending or, to the best of each the Borrower’s or Guarantors’ knowledge, threatened, to acquire any part of the Property Collateral by any power of condemnation or eminent domain with respect to any part of the Propertydomain, or to enjoin or similarly prevent or restrict the use of any the Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Term Loan Agreement (Adcare Health Systems Inc)

Proceedings Pending. There are no proceedings pending, pending or, to the best of each the Borrower’s 's knowledge, threatened, to acquire any part of the Property Collateral by any power of condemnation or eminent domain with respect to any part of the Propertydomain, or to enjoin or similarly prevent or restrict the use of any the Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Term Loan Agreement (Cyanotech Corp)

Proceedings Pending. There are no proceedings pending, or, to the best of each the Borrower’s 's knowledge, threatened, to acquire any power of condemnation or eminent domain with respect to any part of the Property, or to enjoin or similarly prevent or restrict the intended use of any the Property or the operation intended use of the Facility Improvements in any manner.

Appears in 1 contract

Samples: Loan Agreement (Medcath Inc)

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Proceedings Pending. There are no proceedings pending, or, pending to the best of each the Borrower’s knowledge, threatened, knowledge to acquire any power of condemnation or eminent domain with respect to any part of the Property, or to enjoin or similarly prevent or restrict the use of any the Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Credit Agreement (Infinity Property & Casualty Corp)

Proceedings Pending. There To the best of Borrower's actual knowledge, there are no proceedings pending, or, to the best of each the Borrower’s 's actual knowledge, threatened, to acquire any power of condemnation or eminent domain with respect to any part of the PropertyProperty or any Improvements, or to enjoin or similarly prevent or restrict the use operation of any Property or the operation of the Facility in any manner.

Appears in 1 contract

Samples: Loan Agreement (Boddie Noell Properties Inc)

Proceedings Pending. There To the best of Borrower's actual knowledge, there are no proceedings pending, or, to the best of each Borrower’s knowledge, threatened, pending or threatened to acquire any power of condemnation or eminent domain with respect to the Property or any part of the PropertyImprovements, or to enjoin or similarly prevent or restrict the use of any Property or the operation of the Facility Property or Improvements in any manner.

Appears in 1 contract

Samples: Loan Agreement (Boddie Noell Properties Inc)

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