Common use of Representations Generally Clause in Contracts

Representations Generally. No representation, warranty or statement of fact made by or on behalf of Mortgagor in this Security Instrument or in any certificate, document or schedule furnished to Lender pursuant hereto, contains any untrue statement of a material fact or omits to state any material fact necessary to make statements contained therein or herein not misleading (which may be to Mortgagor’s best knowledge where so provided herein). There are no facts presently known to Mortgagor which have not been disclosed to Lender which would, individually or in the aggregate, have a Material Adverse Effect nor as far as Mortgagor can foresee might, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Sources: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)