Common use of Building Permits; Other Permits Clause in Contracts

Building Permits; Other Permits. Borrower represents and warrants that all building, construction and other permits necessary or required in connection with the development of the Land and the construction of the Improvements have been validly issued and all fees and bonds required to be paid or posted in connection therewith have been paid or posted, as the circumstances may require.

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement

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Building Permits; Other Permits. Borrower represents The Borrowers represent and warrants warrant that all building, construction and other permits necessary or required in connection with the development of the Land and the construction of the Improvements have been or, prior to any advance under the Loan, will be, unless otherwise agreed to by the Administrative Agent, validly issued and all fees and bonds required to be paid or posted in connection therewith have been paid or posted, as the circumstances may require.

Appears in 2 contracts

Samples: Financing and Security Agreement (Sunrise Assisted Living Inc), Financing and Security Agreement (Sunrise Assisted Living Inc)

Building Permits; Other Permits. Borrower represents The Borrowers represent and warrants warrant that all building, construction and other permits necessary or required in connection with the development of the applicable Land and the construction of the Improvements have been or, prior to any advance under the Loan for an Eligible Project to be constructed or under construction, will be, unless otherwise agreed to by the Administrative Agent, validly issued and all fees and bonds required to be paid or posted in connection therewith have been paid or posted, as the circumstances may require.

Appears in 1 contract

Samples: Financing and Security Agreement (Sunrise Assisted Living Inc)

Building Permits; Other Permits. The Borrower represents and warrants that all building, construction and other permits necessary or required in connection with the development of the Land and the construction of the Improvements have been validly issued and all fees and bonds required to be paid or posted in connection therewith have been paid or posted, as the circumstances may require.Improvements

Appears in 1 contract

Samples: Master Construction Loan Agreement (Sunrise Assisted Living Inc)

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Building Permits; Other Permits. Borrower represents The Borrowers represent and warrants warrant that all building, construction and other permits necessary or required in connection with the development of the applicable Land and the construction of the Improvements have been or, prior to any advance under the Loan for any applicable Eligible Project, will be, unless otherwise agreed to by the Administrative Agent, validly issued and all fees and bonds required to be paid or posted in connection therewith have been paid or posted, as the circumstances may require.

Appears in 1 contract

Samples: Financing and Security Agreement (Sunrise Assisted Living Inc)

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