The Guaranteed Amount is in respect of litigation pending in two matters ("the two proceedings") namely:

Section # Litigation. There is no material litigation at law or in equity and no proceedings before any commission or other administrative authority (“Litigation”) pending or to Borrower’s knowledge threatened against or affecting the Property or the Project, except as disclosed to and approved in writing by Lender. There is no material Litigation currently contemplated, threatened, or pending by Borrower against any entity or person which would have a material effect on Lender, this Agreement, the LOC, or the transactions contemplated hereunder. Borrower’s failure to timely disclose to Lender any Litigation that is pending, threatened or contemplated by Borrower as of the date of Borrower’s execution of the LOC Documents shall constitute a material breach of this Agreement and shall justify Lender’s excuse from performance of any terms hereof, including funding of any Advance, until Lender is satisfied that such Litigation has been resolved in Lender’s sole but reasonable discretion.

No Litigation. There is no litigation or governmental proceeding pending or, to the Company’s knowledge, threatened against, or involving the Company or any of its properties, except as may be set forth in the Prospectus;

No Litigation. There shall not exist any action, suit, investigation or litigation, pending in any court or before any arbitrator or Governmental Authority that seeks to enjoin the transactions contemplated hereunder (including [Schedule A] hereto).

no claim or litigation regarding any of the foregoing is pending or, to the knowledge of any Borrower, threatened.

The noticed party will not enter into any waiver, release or settlement for any threatened or pending claim, action, proceeding or investigation or settle any related litigation for which indemnification may be sought under this Agreement (whether or not Indemnified Persons are a formal party to the litigation), unless the waiver, release or settlement includes an unconditional release of each Indemnified Person from any and all liability arising out of the threatened or pending claim, action, proceeding, investigation or litigation.

Conflicts and Pending Action. There is no agreement to which ​ is a party or to ​’s knowledge binding on ​ which is in conflict with this Agreement. There is no action or proceeding pending or, to ​’s knowledge, threatened against ​.

Seller is not aware of any pending litigation or condemnation proceedings against the Property or Seller's interest in the Property.

#No Material Litigation. No litigation, inquiry, injunction or restraining order shall be pending, entered or threatened (including any proposed statute, rule or regulation) which in the reasonable judgment of any Bank could have a Material Adverse Effect.

No litigation, claim, action, proceeding or investigation has been brought against or is pending with respect to Purchaser, and, no litigation, claim, action, proceeding or investigation has been, to the knowledge of Purchaser, threatened against or with respect to Purchaser