Common use of Compliance with Existing Laws Clause in Contracts

Compliance with Existing Laws. The Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has no knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has no knowledge, nor has it received notice within the past three years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. (a) The Seller possesses all Authorizations, each of which is valid and in full force and effect, and and, to Seller’s Knowledge, no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or or, to its Knowledge, failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. . (b) The Seller has no knowledgeKnowledge, nor has it received written notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The Seller LLC possesses all -------------------------------- Authorizations, each of which is valid and in full force and effect, and and, to Sellers' Knowledge, no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller LLC has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has Sellers have no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitationlimitation other than the LLC's liquor license. The Seller has Sellers have no knowledgeKnowledge, nor has it have they received written notice within the past three years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller Xxxxxx has no knowledge of any change in the circumstances under which any of those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has not taken any action (or failed to take any action), the omission of which would result in the revocation of any of the Authorizations. Seller has no knowledge, nor has it received notice within the past three years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereofEffective Date.

Compliance with Existing Laws. The Seller possesses (a) Sellers possess all Material Authorizations, each of which is valid and in full force and effect, and and, to Sellers’ Knowledge, no provision, condition or limitation of any of the Authorizations such Material Authorization has been breached or violated. The Seller has Sellers have not misrepresented or failed to disclose any relevant fact in obtaining all Authorizationsany Material Authorization, and the Seller has Sellers have no knowledge Knowledge of any change in the circumstances under which those Authorizations any Material Authorization were obtained that could result in their termination, suspension, modification or limitation. The Seller has . (b) Sellers have no knowledgeKnowledge, nor has it any Seller received written notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, regulation including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property Properties or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof. (c) Sellers or Chicago HotelWorks own any liquor license used in connection with the operations of the Hotels.

Compliance with Existing Laws. The To Seller’s Knowledge, the Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has no knowledgeKnowledge, nor has it received notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The To the Seller’s Knowledge, the Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has no knowledgeKnowledge, nor has it received notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The To Seller’s knowledge, Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated, subject however, to Exhibit 3.6 attached. The Seller has not misrepresented or failed Subject to disclose any relevant fact in obtaining all AuthorizationsExhibit 3.6, and the Seller has no knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has no knowledge, nor has it received notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable buildingApplicable Laws including, zoning, subdivision, environmental or other govern- mental ordinance, resolution, statute, rule, order or regulation, including but not limited to to, those of environmental agencies or insurance boards of underwriters, underwriters with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations to the Property other than those that have been made prior to the date hereof. Seller has not received written notice within the past three (3) years, of any existing or threatened violation of any restrictive covenants or deed restrictions affecting the Property which have not been remedied.

Compliance with Existing Laws. The Seller possesses Subject Company and the Property Owner possess all Authorizations, each of which is valid and in full force and effect, and and, to Contributors’ Knowledge, no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller Neither the Subject Company nor the Property Owner has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has Contributors have no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has Contributors have no knowledgeKnowledge, nor has it have they received written notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The Seller possesses Subject Company and the Property Owner possess all Authorizations, each of which is valid and in full force and effect, and and, to Contributors' Knowledge, no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller Neither the Subject Company nor the Property Owner has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has Contributors have no knowledge Knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has Contributors have no knowledgeKnowledge, nor has it have they received written notice within the past three (3) years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.

Compliance with Existing Laws. The Seller possesses all Authorizations, each of which is valid and in full force and effect, and no provision, condition or limitation of any of the Authorizations has been breached or violated. The Seller has not misrepresented or failed to disclose any relevant fact in obtaining all Authorizations, and the Seller has no knowledge of any change in the circumstances under which those Authorizations were obtained that result in their termination, suspension, modification or limitation. The Seller has no knowledge, nor has it received notice within the past three years, or during the Seller's ownership of the Property, whichever is less, of any existing or threatened violation of any provision of any applicable building, zoning, subdivision, environmental or other govern- mental governmental ordinance, resolution, statute, rule, order or regulation, including but not limited to those of environmental agencies or insurance boards of underwriters, with respect to the ownership, operation, use, maintenance or condition of the Property or any part thereof, or requiring any repairs or alterations other than those that have been made prior to the date hereof.