There is no litigation, investigation or proceeding of or before any arbitrator, mediator or any governmental authority or, to Borrower’s knowledge, threatened by or against Borrower or against any of any Borrower’s assets, properties or revenues: (a) with respect to any of the Loan Documents or any of the transactions contemplated hereby, or (b) that could reasonably be expected to have a material adverse effect on the Mortgaged Property or Borrower.