Common use of Illegal Activity Clause in Contracts

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 2 contracts

Samples: Security Agreement (Associated Estates Realty Corp), Aerc Muirwood (Associated Estates Realty Corp)

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Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any illegal activity and and, to the best of Borrower's ’s knowledge, there are no illegal activities at or activities relating to any controlled substance at on the Property.

Appears in 2 contracts

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished by Borrower with proceeds of any illegal activity and and, to the best of Borrower's ’s knowledge, there are no illegal activities at or activities relating to any controlled substance at on the Property.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing, Trust, Security Agreement and Fixture Filing (Saul Centers Inc)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substance substances at the Property.

Appears in 2 contracts

Samples: Glimcher Realty Trust, Glimcher Realty Trust

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of BorrowerMortgagor's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 2 contracts

Samples: Guaranty and Suretyship Agreement (Cv Reit Inc), Real Estate Purchase Agreement (Cv Reit Inc)

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower's ’s knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Trust and Security Agreement (Innovative Micro Technology Inc)

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of BorrowerOwner's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Acuity Lighting (Acuity Brands Inc)

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower's ’s knowledge, there are arc no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Mortgage And (Resource Real Estate Opportunity REIT, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased, improved, improved equipped or furnished with proceeds of any illegal activity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substance substances at the Property.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Polymer Research Corp of America)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of Borrower's ’s knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Lakes Entertainment Inc

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower's Borrowers' knowledge, there are no illegal activities or activities relating to any controlled substance substances at the Property.

Appears in 1 contract

Samples: Convertible Promissory Notes        Agreement (Minrad International, Inc.)

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Illegal Activity. No portion of the Property has been or will be ---------------- purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substance substances at the Property.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (Globix Corp)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of BorrowerSPTBROOK's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Revolving Loan Agreement (Senior Housing Properties Trust)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of BorrowerSPTMRT's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Revolving Loan Agreement (Senior Housing Properties Trust)

Illegal Activity. No portion of the Property has been or will be purchased, improved, fixtured, equipped or furnished with proceeds of any illegal activity and and, to the best of BorrowerLessee's knowledge, there are no illegal activities at or activities relating to any controlled substance at on the Property.

Appears in 1 contract

Samples: Loan Agreement (FelCor Lodging Trust Inc)

Illegal Activity. No portion of the Property has been or will be purchased, improved, equipped equipped, fixtured, or furnished with proceeds of any criminal or other illegal activity and to the best of Borrower's ’s knowledge, there are no illegal activities or activities relating to any controlled substance substances at the Property.

Appears in 1 contract

Samples: Security Agreement

Illegal Activity. No portion of the Property has been or will be purchased, improvedImproved, equipped or furnished with proceeds of any illegal activity and activity, and, to the best of Borrower's knowledge, there are no illegal activities or activities relating to any controlled substance at the Property.

Appears in 1 contract

Samples: Netreit, Inc.

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