Common use of Compliance with Laws and Codes Clause in Contracts

Compliance with Laws and Codes. To the best of Seller's knowledge, except as set forth on Exhibit F, the Property, and the use and operation thereof, is in full compliance with all applicable municipal and other governmental laws, ordinances, regulations, codes, licenses, permits and authorizations, and 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. Without limiting the foregoing, Seller has not received any written notice alleging that the Property fails to fully comply with all applicable requirements of the federal Americans With Disabilities Act. Seller has no knowledge that any heating or other burning equipment located at or used in connection with the Property violates any law or regulation of any Governmental Authorities (defined below) having jurisdiction over the Property. To the best of Seller's knowledge, the Property is zoned by the municipality in which it is located so as to permit the industrial, warehouse and distribution uses and structures thereon, in a manner that accommodates and is fully compatible with the Building and Improvements as they presently exist. Except as set forth on Exhibit F, to the best of Seller's knowledge, the Property does not constitute a non-conforming use or non-conforming structure under applicable present zoning laws., To the best of Seller's knowledge, except as set forth on Exhibit F, no zoning, subdivision, environmental, Hazardous Material, building code, health, fire, safety or other law, order or regulation is, or on the Closing Date will be, violated by the continued maintenance, operation or use of any Improvements or parking areas in the Property, and no notice of any such violation has been issued by any Governmental Authorities having jurisdiction over the Property. On or before the Closing Date, Seller shall cure (or escrow sufficient funds at Closing with the Title Company to cure) all violation notices issued by Governmental Authorities with respect to the Property, and legal deficiencies existing at or in the Property, on or before the Closing Date. All driveway entrances and exits to the Property are permanent, and no special access or other permits are required to maintain same. All existing streets and other improvements, including water lines, sewer lines, sidewalks, curbing and streets at the Property have been paid for and either enter the Property through adjoining public streets, or, if they enter through private lands, do so in accordance with valid, irrevocable easements running with the ownership of the Property.

Appears in 2 contracts

Samples: Purchase Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement (Chase Corp)

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Compliance with Laws and Codes. To the best knowledge of Seller's knowledge, except as set forth on Exhibit FContributor, the Real Property, and the use and operation thereofof any or all of them are (or the use and operation of any component, is portion or area of the Real Property is) in full material compliance with all applicable municipal and other governmental laws, ordinances, regulations, codes, licenses, permits and authorizations, and there are presently and validly in effect all licenses, permits and other authorizations necessary (including, without limitation, certificates of occupancy) for the use, occupancy and operation of the Real Property as it is they are presently being operated, whether required of Contributor or Government. Without limiting the foregoing, Seller has not received any written notice alleging that to the best knowledge of Contributor, the Real Property fails to fully comply complies in all material respects with all applicable requirements of the federal Americans With Disabilities ActAct of 1990 (42 U.S.C.A. ss.12101 et seq.). Seller Contributor has no knowledge that any heating or other burning equipment located at or used in connection with the Real Property violates any law or regulation of any Governmental Authorities (defined below) having jurisdiction over the Real Property. To the best of Seller's knowledge, the The Real Property is zoned by the municipality in which it is located so as to permit the industrial, warehouse and distribution uses and structures thereon, in a manner that accommodates and is fully compatible in all material respects with the Building and Improvements as they presently exist. Except as set forth on Exhibit F, to the best of Seller's knowledge, the The Real Property does is not constitute a non-conforming use or non-conforming structure under applicable present zoning laws., . To the best knowledge of Seller's knowledge, except as set forth on Exhibit FContributor, no zoning, subdivision, environmental, Hazardous Material, building code, health, fire, safety or other law, order or regulation is, or on the Closing Date will be, is violated by the continued maintenance, operation or use of any Improvements or parking areas in or at the Real Property, and no notice of any such violation has been issued to Contributor by any Governmental Authorities Authority having jurisdiction over the Real Property. On or before the Closing Date, Seller shall cure (or escrow sufficient funds at Closing with the Title Company to cure) all violation notices issued by Governmental Authorities with respect to the Property, and legal deficiencies existing at or in the Property, on or before the Closing Date. All driveway entrances and exits to the Real Property are permanent, and no special access or other permits are required to maintain same. All existing streets and other improvements, including water lines, sewer lines, sidewalks, curbing and streets at the Real Property have been been, or will be, paid for prior to the Closing (to the extent due and owing as of the date thereof) and either enter the Real Property through adjoining public streets, or, if they enter through private lands, do so in accordance with valid, irrevocable easements running with the ownership of the Real Property.

Appears in 1 contract

Samples: Contribution Agreement (Corporate Office Properties Trust)

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Compliance with Laws and Codes. To the best of Seller's knowledge, except as set forth on Exhibit F, the The Real Property, and the use and operation thereofof any or all of them are (or the use and operation of any component, is portion or area of the Real Property is) in full material compliance with all applicable municipal and other governmental laws, ordinances, regulations, codes, licenses, permits and authorizations, and there are presently and validly in effect all licenses, permits and other authorizations necessary (including, without limitation, certificates of occupancy) for the use, occupancy and operation of the Real Property as it is they are presently being operated, whether required of the Company or a tenant. Without limiting the foregoing, Seller has not received any written notice alleging that the Real Property fails to fully comply complies in all material respects with all applicable requirements of the federal Americans With Disabilities ActAct of 1990 (42 U.S.C.A. ss.12101 et seq.). Seller has Contributors have no knowledge that any heating or other burning equipment located at or used in connection with the Real Property violates any law or regulation of any Governmental Authorities (defined below) having jurisdiction over the Real Property. To the best of Seller's knowledge, the The Real Property is zoned by the municipality in which it is located so as to permit the industrial, warehouse and distribution uses and structures thereon, in a manner that accommodates and is fully compatible in all material respects with the Building and Improvements as they presently exist. Except as set forth on Exhibit F, to the best of Seller's knowledge, the The Real Property does is not constitute a non-conforming use or non-conforming nonconforming structure under applicable present zoning laws., To the best of Seller's knowledge, except as set forth on Exhibit F, no . No zoning, subdivision, environmental, Hazardous Material, building code, health, fire, safety or other law, order or regulation is, or on the Closing Date will be, is violated by the continued maintenance, operation or use of any Improvements or parking areas in or at the Real Property, and no notice of any such violation has been issued to the Company by any Governmental Authorities Authority having jurisdiction over the Real Property. On or before the Closing Date, Seller shall cure (or escrow sufficient funds at Closing with the Title Company to cure) all violation notices issued by Governmental Authorities with respect to the Property, and legal deficiencies existing at or in the Property, on or before the Closing Date. All driveway entrances and exits to the Real Property are permanent, permanent and no special access or other permits are required to maintain same. All existing streets and other improvements, including water lines, sewer lines, sidewalks, curbing and streets at the Real Property have been been, or will be, paid for prior to the Closing (to the extent due and owing as of the date thereof) and either enter the Real Property through adjoining public streets, or, if they enter through private lands, do so in accordance with valid, irrevocable easements running with the ownership of the Real Property.

Appears in 1 contract

Samples: Contribution Agreement (Corporate Office Properties Trust)

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