Common use of Representation and Warranties; Compliance with Conditions Clause in Contracts

Representation and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and no Default or Event of Default shall have occurred and be continuing; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 5 contracts

Samples: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Prime Group Realty Trust)

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Representation and Warranties; Compliance with Conditions. The Each of the representations and warranties of Borrower Borrowers contained in this Agreement and the or any other Loan Documents Document shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and no Default or Event of Default shall have occurred and be continuing; and Borrower Borrowers shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 2 contracts

Samples: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)

Representation and Warranties; Compliance with Conditions. The Each of the representations and warranties of Borrower contained in this Agreement and the or any other Loan Documents Document shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and no Default or Event of Default shall have occurred and be continuing; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 2 contracts

Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC)

Representation and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the or any other Loan Documents Document shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such dateDate, and no Default or Event of Default shall have occurred and be continuing; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Loan Agreement (Entertainment Properties Trust)

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Representation and Warranties; Compliance with Conditions. The ----------------------------------------- --------------- representations and warranties of Borrower contained in this Agreement and the or any other Loan Documents Document shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and no Default or Event of Default shall have occurred and be continuing; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Loan Agreement (Desert Springs Marriott Limited Partnership)

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