California Properties Sample Clauses
The "California Properties" clause defines how properties located within the state of California are treated under the agreement. Typically, this clause specifies that any real estate or assets situated in California are subject to particular state laws and regulations, which may differ from those in other jurisdictions. For example, it may address compliance with California's unique disclosure requirements or environmental standards. The core function of this clause is to ensure that both parties understand and adhere to California-specific legal obligations, thereby reducing the risk of non-compliance and potential legal disputes.
California Properties. The cross collateralization provisions in Section 6.1 above shall not apply to any loans secured by Property located in California; therefore, Section 6.1 shall not operate to cause any Property located in California to secure any loans or other indebtedness not otherwise covered by specific loan instruments executed in connection with any loan secured by Property in California.
California Properties. With respect to the real properties situated in California ( California Properties ): (i) By virtue of WFLP s fee ownership of approximately 41,868 acres of land in Imperial County, California as set forth on the Property Schedule, a11 of which land is located within the Imperial Irrigation District (the IID ) and within the irrigation service area of the IID, WFLP, as owner of the California Properties, is entitled to use water diverted by the IID from the Colorado River and distributed to the California Properties through the facilities of the IID (the IID Water ) for reasonable and beneficial use, subject only to the availability to the IID of Colorado River water under existing IID title, rights, contracts, and Laws and Orders.
(i) To the Knowledge of Sellers, each of the California Properties, during its period of ownership by WFLP, has been used solely for agricultural purposes, and in connection with those agricultura1 activities, has received IID Water from the IID. Schedule 3.15 (a)(ii) accurately sets forth the annual consumptive water usage of IID Water for the respective California Properties for the periods shown on that schedule. Those usage amounts are based on information provided to WFLP by the IID, and to the Knowledge of Sellers, reflect, in all material respects, the records of the IID.
(ii) To the Knowledge of Sellers, the annua1 allocation of Colorado River water to WFLP s California Properties by the IID depends upon the amount of Colorado River water made available to IID under its 1932 Contract with the United States Department of the Interior, Bureau of Reclamation (the Bureau ), as more fully described in Schedule 3.15(a)(iii) attached.
California Properties. In the event the Company does not effect the Real Estate Sale (as defined in the Debentures) of all or any of the California Properties on or prior to the date that is six (6) months immediately following the Closing Date, then the Collateral Agent shall be entitled, at the expense of the Company, to perfect its security interest in such California Properties by putting in place a mortgage thereon, which mortgage shall rank junior to any mortgage on such unsold California Property in existence and as in effect on the date hereof. The Company and any of the Subsidiaries shall be prohibited from allowing any Lien on any of the California Properties without the prior written consent of the Collateral Agent.
California Properties. Notwithstanding anything to the contrary --------------------- contained herein, the indemnify provided herein as it pertains to any Parcels of real property located in the State of California shall also be subject to the terms and provisions contained in the California Rider attached hereto and made a part hereof.
California Properties. (a) During the performance of this Agreement, Property Manager and its contractors and subcontractors, shall not deny the benefits of this Agreement to any person on the basis of religion, color, ethnic group identification, sex, age, physical or mental disability, nor shall they discriminate unlawfully against any employee or applicant for employment because of race, religion, color, national origin, ancestry, physical handicap, mental disability, medical condition, marital status, age or sex. Property Manager shall ensure that the evaluation and treatment of employees and applicants for employment are free of such discrimination.
(b) Property Manager shall comply with the provisions of the Fair Employment and Housing Act (California Government Code section 12900 et seq.) and the regulations promulgated thereunder (California Administrative Code, Title 2, section 7285.0 et seq.), the provisions of Article 9.5, Chapter 1, Part 1, Division 3, Title 2 of the Government Code (Government Code sections 11135-11139.5) and the regulations or standards adopted by Owner, if any, to implement such article.
(c) Property Manager, its contractors and subcontractors shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other agreement.
(d) Property Manager shall include the non-discrimination and compliance provisions of this clause in all subcontracts to perform work under this Agreement.
(e) Property Manager shall cause its Submanager to comply with the terms of this Section 11.18.