Knowledge of Contributor definition
Examples of Knowledge of Contributor in a sentence
There is no action, suit or proceeding pending or, to the Knowledge of Contributor, threatened against any Contributed Entity, subsidiary or Contributor which challenges or impairs the ability of any Contributed Entity, subsidiary or Contributor to execute or deliver, or perform its obligations under any of the Formation Transaction Documentation or to consummate the transactions contemplated hereby and thereby.
No bankruptcy or similar insolvency proceeding has been filed, or is currently contemplated or, to the Knowledge of Contributor, threatened, with respect to any Contributed Entity, subsidiary or any lessee under any of the Leases.
Except for actions, suits or proceedings fully covered by policies of insurance, there is no action, suit or proceeding pending or, to the Knowledge of Contributor, threatened against any Contributed Entity or Contributor, subsidiary or Property, which, if adversely determined, would, individually or together with all such other actions, reasonably be expected to have a Material Adverse Effect.
There is no judgment, decree, injunction or order of a Governmental Authority outstanding against any Contributed Entity or subsidiary or, to the Knowledge of Contributor, any officer, director, principal, managing member or general partner of any of the foregoing in their capacity as such, or, to the Knowledge of Contributor, any Contributor which would reasonably be expected to have a Material Adverse Effect.
To the Knowledge of Contributor, all expenses relating to the ownership or the operation of the Contributor Properties, have been, and are being, paid (timely, and before the same become delinquent), except such expenses and taxes as are disputed in good faith and for which an adequate accounting reserve has been established.
None of the Contributed Entities or subsidiaries nor, to the Knowledge of Contributor, Contributor or any third party has been informed in writing of any continuing violation of any such laws or that any investigation has been commenced and is continuing or is contemplated respecting any such possible violation, except in each case for violations that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
To the Knowledge of Contributor, no monetary default (beyond applicable notice and cure periods) by any party exists under any of the Disclosed Loans and the documents entered into in connection therewith (collectively, the “Disclosed Loan Documents”) and no non-monetary default (beyond applicable notice and cure periods) by any party exists under any of the Disclosed Loan Documents.
There is no existing, or to the Knowledge of Contributor, proposed or threatened condemnation, eminent domain or similar proceeding, or private purchase in lieu of such a proceeding which would affect any Property.
To the Knowledge of Contributor, no Contributed Entity nor Contributor has received from any insurance company any notices of cancellation or intent to cancel any insurance.
To the Knowledge of Contributor, no lessee under any Lease is presently the subject of any voluntary or involuntary bankruptcy or insolvency proceedings.