Common use of Information Correct Clause in Contracts

Information Correct. All financial statements furnished to Lender by any Borrower or any Affiliated Party fairly present the financial condition of such Persons and were prepared in accordance with a method of preparation approved by Lender, consistently applied, and all other information previously furnished by any Borrower or any Affiliated Party to Lender in connection with the Loan or the financial capacity of Borrowers and/or Indemnitor are true, complete and correct in all respects except as otherwise disclosed to Lender in writing and do not fail to state any material fact necessary to make the statements made not misleading. Neither any Borrower nor Indemnitor has misstated or failed to disclose to Lender any material fact relating to: (i) the condition, use or operation of any Project, (ii) the status or any material condition of any tenant or lease at any Project known to it, (iii) any Borrower, (iv) Indemnitor; or (v) the litigation disclosure provided by any Borrower and Indemnitor, except as disclosed in writing to Lender prior to the date hereof. All projections of economic performance of the Projects have been prepared by Borrowers based on information believed accurate from the current owners of such Projects and are not intentionally misleading.