Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity.
Appears in 10 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 10 contracts
Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Spirit Realty Capital, Inc.), Loan Agreement (Netreit, Inc.)
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to controlled substance at the Property.
Appears in 7 contracts
Samples: Mortgage and Security Agreement (Butler International Inc /Md/), Contribution Agreement (Cv Reit Inc), Security Agreement (Ramco Gershenson Properties Trust)
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 6 contracts
Samples: Loan Agreement (reAlpha Tech Corp.), Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement (Meristar Hospitality Corp)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased by Borrower with proceeds of any illegal activity.
Appears in 6 contracts
Samples: Loan Agreement (W. P. Carey Inc.), Loan Agreement (Net Lease Office Properties), Loan Agreement (VICI Properties L.P.)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan will be used in connection with any illegal activity.
Appears in 5 contracts
Samples: Loan Agreement (Bon Ton Stores Inc), Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Bon Ton Stores Inc)
Illegal Activity. No portion of any of each Individual Property has been or will be purchasedpurchased in the future, improvedin each case by Borrower or any Affiliate of Borrower, equipped or furnished with proceeds of any illegal activity.
Appears in 5 contracts
Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 4 contracts
Samples: Management Agreement (Wyndham International Inc), Loan Agreement (U-Store-It Trust), Loan Agreement (Summit Hotel Properties LLC)
Illegal Activity. No portion of any of each Individual Collateral Property has been or will be purchased, improved, equipped or furnished purchased by Borrowers with proceeds of any illegal activityactivity and to the best of Borrowers’ knowledge, there are no illegal activities or activities relating to any controlled substances at any Collateral Property.
Appears in 3 contracts
Samples: Lease Agreement (FelCor Lodging Trust Inc), Credit Agreement (FelCor Lodging Trust Inc), Term Loan Agreement (FelCor Lodging Trust Inc)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 3 contracts
Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp)
Illegal Activity. No portion of any of each Individual Property or the Collateral has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 3 contracts
Samples: Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.), Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped purchased by Borrower or furnished any of its Affiliates with proceeds of any illegal activity.
Appears in 3 contracts
Samples: Loan Agreement (Entertainment Properties Trust), Loan Agreement (Entertainment Properties Trust), Credit Agreement (Entertainment Properties Trust)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped purchased by Borrower or furnished Operating Lessee with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 2 contracts
Samples: Loan Agreement (Felcor Lodging Trust Inc), Loan Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and, to Borrower’s Knowledge, there are no illegal activities or activities relating to any controlled substances at the Property that would reasonably be expected to result in (a) the forfeiture or seizure of all or any portion of the Property or (b) a Material Adverse Effect.
Appears in 2 contracts
Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)
Illegal Activity. No portion of any of each Individual Property or the Collateral has been or will be purchased, improved, equipped purchased by Mortgage Borrower or furnished Operating Lessee with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 2 contracts
Samples: Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Mezzanine Loan Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any of each Individual Collateral Property has been or will be purchased, improved, equipped or furnished purchased by Borrowers with proceeds of any illegal activityactivity and to the best of Borrowers' knowledge, there are no illegal activities or activities relating to any controlled substances at any Collateral Property.
Appears in 2 contracts
Samples: Revolving Credit Agreement (FelCor Lodging LP), Revolving Credit Agreement (FelCor Lodging Trust Inc)
Illegal Activity. No portion of any of each Individual Property has been ---------------- or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased by any Borrower with proceeds of any illegal activity.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped purchased by Borrower or furnished Operating Lessee with proceeds of any illegal activity.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped purchased by Borrower or furnished any Affiliate of Borrower with proceeds of any illegal activity.
Appears in 1 contract
Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.)
Illegal Activity. No portion of any of each Individual the Property or the Collateral has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the knowledge of Borrower and the Owner Parties, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Individual Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased by Borrower with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped purchased by Borrower or furnished Operating Lessee with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at any Property.
Appears in 1 contract
Samples: Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any of each Individual Collateral or the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan have been or will be used in connection with any illegal activity.
Appears in 1 contract
Samples: Mortgage Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped purchased by Borrower or furnished Operating Lessee with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual the Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Illegal Activity. No portion of any of each Individual the Property or the Collateral has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property.
Appears in 1 contract
Samples: Management Agreement (Piedmont Office Realty Trust, Inc.)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased, improved, equipped or furnished purchased with proceeds of any illegal activityactivity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Property.
Appears in 1 contract
Samples: Loan Agreement (Orchard Supply Hardware Stores Corp)
