There are no investigations, actions, suits or proceedings pending or, to its knowledge, threatened against Borrower, General Partner or any of their Affiliates before any court or arbitrator or any Governmental Authority reasonably likely to (i) have a material effect on Borrower’s ability to repay the Loans, (ii) except with respect to matters existing as of the Escrow Date as disclosed and specifically identified in General Partner’s SEC Reports prior to the Escrow Date, result in a Material Adverse Change, or (iii) affect the validity or enforceability of any Loan Document.