Common use of Compliance with Laws and Codes Clause in Contracts

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no knowledge that, the entirety of the Property and the Improvements, and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectively, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operated.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (KAR Holdings, Inc.), Purchase and Sale Agreement (KAR Holdings, Inc.)

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Compliance with Laws and Codes. Seller has not received any written notice from any governmental authority advising or alleging that, and Seller has no knowledge that, that the entirety of the Property and (including the Improvements), and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectivelyauthorizations, “Laws”). To Seller’s knowledge, and there are presently and validly in effect all required licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (National Rv Holdings Inc), Purchase and Sale Agreement (National Rv Holdings Inc)

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no actual knowledge that, the entirety of the Property and (including the Improvements), and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws, as hereinafter defined), licenses, permits and authorizations (collectively, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Plymouth Industrial REIT Inc.), Agreement of Purchase and Sale (Plymouth Industrial REIT Inc.)

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no knowledge that, the entirety of the Property and the ImprovementsProperty, and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws)codes, licenses, permits and authorizations (collectively, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no knowledge that, that the entirety of the Property and (including the Improvements), and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectively, “Laws”)authorizations. To Seller’s knowledgeactual knowledge (as opposed to deemed, there are presently imputed or constructive), the Property (and validly the use and operation thereof) is in effect material compliance with all applicable laws, ordinances, rules, regulations, codes, licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lenox Group Inc)

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Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no knowledge that, the entirety of that the Property and (including the Improvements), and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectively, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Voltari Corp)

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no actual knowledge that, that the entirety of the Property and (including the Improvements), and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectively, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for the use, occupancy and operation of the Property as it is presently being operatedauthorizations.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Applied Films Corp)

Compliance with Laws and Codes. Seller has not received any written notice advising or alleging that, and Seller has no knowledge that, that the entirety of the Property and the ImprovementsProperty, and the use and operation thereof, are not in compliance with all applicable municipal and other governmental laws, ordinances, rules, regulations, codes (including Environmental Laws), licenses, permits and authorizations (collectivelyauthorizations, “Laws”). To Seller’s knowledge, there are presently and validly in effect all licenses, permits and other authorizations necessary for which Seller has not cured or resolved the use, occupancy and operation issue of the Property as it is presently being operatednoncompliance.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

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