Illegal Activity. No portion of the Properties or the Collateral have been or will be purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 11 contracts
Samples: Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of the Properties or the Collateral have Property has been or will be purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 9 contracts
Samples: Loan Agreement (MVP REIT II, Inc.), Loan Agreement (MVP REIT, Inc.), Loan Agreement (Independence Realty Trust, Inc)
Illegal Activity. No portion of the Properties or the Collateral have been or will be purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 8 contracts
Samples: Loan Agreement (Stirling Hotels & Resorts, Inc.), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of the Properties Collateral or the Collateral have Property has been or will be purchased, improved, equipped or fixtured purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 4 contracts
Samples: Senior Mezzanine Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (Maguire Properties Inc)
Illegal Activity. No portion of the Properties Collateral or the Collateral have Property has been or will be purchased, improved, equipped or fixtured purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan have been or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 4 contracts
Samples: Letter Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of the Properties or the Collateral have any Individual Property has been or will be purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 3 contracts
Samples: Loan Agreement (Griffin Capital Essential Asset REIT II, Inc.), Loan Agreement (Griffin Capital Essential Asset REIT, Inc.), Loan Agreement (Strategic Storage Trust, Inc.)
Illegal Activity. No portion of the Properties or the Collateral have been or will be purchased, improved, equipped or fixtured purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 2 contracts
Samples: Loan Agreement (Corporate Property Associates 15 Inc), Loan Agreement (Corporate Property Associates 16 Global Inc)
Illegal Activity. No portion of the Individual Properties or the Collateral have has been or will be purchased, improved, equipped or fixtured purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 1 contract
Samples: Term Loan Agreement (Developers Diversified Realty Corp)
Illegal Activity. No portion of the Properties or the Collateral have Property has been or will be purchased, improved, equipped or fixtured by or on behalf of Borrower with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 1 contract
Illegal Activity. No portion of the Properties or the Collateral have been or will be purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan, the Mezzanine A Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 1 contract
Samples: Mezzanine B Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of the Properties or the Collateral have been or will be purchased, improved, equipped purchased by Borrower or fixtured Mortgage Borrower with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 1 contract
Illegal Activity. No portion of the Properties or the Collateral have Property has been or will be purchased, improved, equipped or fixtured fixtures with proceeds of any illegal activity, and no part of the proceeds of the Loan or the Mortgage Loan will be used in connection with any illegal activity.
Appears in 1 contract
Samples: Loan Agreement (AmREIT, Inc.)
