Common use of Pending Lawsuits Clause in Contracts

Pending Lawsuits. There are no actions at law or similar proceedings either pending or, to the best of the Developer's knowledge, threatened against the Developer that would materially or adversely affect: (i) The ability of the Developer to proceed with the construction and development of the Subject Property; (ii) The Developer's financial condition;

Pending Lawsuits. There are no actions at law or similar proceedings either pending or, to the best of the Developer's knowledge, threatened against the Developer that would materially or and adversely affect: (i) The ability of the Developer to proceed with the construction and development of the Subject PropertyDevelopment Sites; (ii) The Developer's financial condition;; or (iii) The level or condition of Developer's assets as of the date of this Agreement.