Common use of Compliance with Existing Laws Clause in Contracts

Compliance with Existing Laws. To the best of Contributor's knowledge, (i) Contributor is not in violation of, and has complied with any and all applicable building, zoning, environmental or other ordinances, statutes or regulations of any governmental agency, in respect to the ownership, use, maintenance, condition and operation of the Property or any part thereof, and (ii) Contributor possesses all licenses, certificates, permits and authorizations necessary for the use and operation of the Property in the manner in which it is currently being operated by Contributor. To the best of Contributor's knowledge, no variance, exception or other modification of applicable zoning laws was necessary in order to authorize the use or occupancy of the Property or any portion thereof.

Appears in 7 contracts

Samples: Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc)

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