Common use of No Contractual Defaults Clause in Contracts

No Contractual Defaults. There are no defaults by any Obligor or, to the actual knowledge of Borrower, by any other Person under any contract to which any Obligor is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below), including any management, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which are not reasonably expected to cause a Material Adverse Change. No Obligor nor, to the knowledge of Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Property.

No Contractual Defaults. There are no defaults by any Obligor the Borrower or, to the actual knowledge of the Borrower, by any other Person under any contract to which any Obligor the Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property, which would have a Material Adverse Effect.

No Contractual Defaults. There are no defaults by any Obligor the Borrower Party or, to the actual knowledge of Borrowerthe Borrower Party, by any other Person under any contract to which any Obligor the Borrower Party is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract have, and which are not reasonably expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower Party nor, to the knowledge of Borrowerthe Borrower Party, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property.

No Contractual Defaults. There are no defaults by any Obligor ----------------------- Borrower or, to the actual knowledge of Borrower, by any other Person under any contract to which any Obligor Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)of the Properties, including any management, rental, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither Borrower nor, to the knowledge of Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Propertyof the Properties.

No Contractual Defaults. There are no defaults by any Obligor Borrower or, ----------------------- to the actual knowledge of Borrower, by any other Person under any contract to which any Obligor Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)of the Properties, including any management, rental, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither Borrower nor, to the knowledge of Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Propertyof the Properties.

No Contractual Defaults. There are no defaults by any Obligor the Borrower ----------------------- or, to the actual knowledge of the Borrower, by any other Person under any contract to which any Obligor the Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property, which would have a Material Adverse Effect.

No Contractual Defaults. There are no defaults by any Obligor the ----------------------- Borrower or, to the actual knowledge of the Borrower, by any other Person under any contract to which any Obligor the Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property, which would have a Material Adverse Effect.

No Contractual Defaults. There are no defaults by any Obligor the Borrower or, to the actual knowledge of the Borrower, by any other Person under any contract to which any Obligor the Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property, other than defaults or breaches which do not have, and are not reasonably expected to have, a Material Adverse Effect.

No Contractual Defaults. There are no defaults by any Obligor the Borrower or, to the actual knowledge of the Borrower, by any other Person under any contract to which any Obligor the Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower nor, to the knowledge of the Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property.

No Contractual Defaults. There are no defaults by any Obligor ----------------------- Borrower or, to the actual knowledge of Borrower, by any other Person under any contract to which any Obligor Borrower is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)the Project, including any management, rental, service, supply, security, maintenance, or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither Borrower nor, to the knowledge of Borrower, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Propertythe Project.

No Contractual Defaults. There are no defaults by any Obligor the Borrower Party or, to the actual knowledge of Borrowerthe Borrower Party, by any other Person under any contract to which any Obligor the Borrower Party is a party relating to any Closing Date Property (other than Leases, which are addressed in Section 3.26 below)Mortgaged Property, including any management, rental, service, supply, security, maintenance, maintenance or similar contract, other than defaults which do not permit the non-defaulting party to terminate the contract and which do not have, and are not reasonably be expected to cause have, a Material Adverse ChangeEffect. No Obligor Neither the Borrower Party nor, to the knowledge of Borrowerthe Borrower Party, any other Person, has received written notice or has any actual knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any such contracts affecting or concerning any Closing Date Mortgaged Property.