Common use of Adverse Information Clause in Contracts

Adverse Information. Seller has no current, actual knowledge of any change contemplated in any applicable laws, ordinances, or restrictions, or any judicial or administrative action, or any action by adjacent landowners, or natural or artificial conditions upon the Property, which would have a material, adverse affect upon the development and improvement of the Property for office/warehouse/light industrial purposes.

Appears in 1 contract

Samples: Agreement of Sale (Home Interiors & Gifts Inc)

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Adverse Information. Seller has no current, actual information or knowledge of any change contemplated in any applicable laws, ordinances, or restrictions, or any judicial or administrative action, or any action by adjacent landowners, or natural or artificial conditions upon the Property, which would have a materialprevent, adverse affect upon the development and improvement limit, impede, or render more costly Purchaser's contemplated use of the Property for office/warehouse/light industrial purposesProperty.

Appears in 1 contract

Samples: Real Estate Transfer Agreement (RMS Limited Partnership)

Adverse Information. Seller has no current, actual information or knowledge of the existence of, or any change contemplated in any applicable laws, ordinances, or restrictionsregulations, or any judicial or administrative action, or any action by adjacent landowners, or natural or artificial conditions upon the Property, which would have a materialprevent, adverse affect upon the development and improvement limit, impede, or render more costly Buyer's contemplated use of the Property for office/warehouse/light industrial purposesas aforedescribed.

Appears in 1 contract

Samples: Agreement for Sale and Purchase

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Adverse Information. Seller has no current, actual information or knowledge of any change contemplated in any applicable laws, ordinances, or restrictions, or any judicial or administrative action, or any action by adjacent landowners, or natural or artificial conditions upon the Site or Property, which would have a materialprevent, adverse affect upon the limit, impede, or render more costly Buyer's development and improvement or use of the Property for office/warehouse/light industrial purposesSite or Property.

Appears in 1 contract

Samples: Real Estate Disposition and Development Agreement

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