Common use of Construction of Hotel Clause in Contracts

Construction of Hotel. (i) To Seller’s knowledge, the Hotel has been constructed in a good and workmanlike manner without encroachments except as noted on the Survey and in accordance in all material respects with the Construction Plans. To Seller’s knowledge, the Hotel has received all building permits and certificates of occupancy necessary for the operation thereof, and is in compliance with applicable zoning, platting, subdivision, health, safety and similar laws, rules, regulations, ordinances and codes. (ii) To the best of Seller’s knowledge, the Personal Property is in good condition and operating order.

Appears in 25 contracts

Samples: Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

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Construction of Hotel. (i) To the best of Seller’s knowledge, but without any independent investigation, the Hotel has been constructed in a good and workmanlike manner without encroachments except as noted on the Survey and in accordance in all material respects with the Construction Plans. To Seller’s knowledgeContracts, the Hotel has received Plans and Specs, and all building permits and certificates of occupancy necessary for the operation thereof, therefor and is in compliance with all applicable zoning, platting, subdivision, health, safety and similar laws, rules, regulations, ordinances and codes. (ii) To the best of Seller’s knowledge, the The Personal Property is in good condition and operating order.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Eight, Inc.)

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Construction of Hotel. (i) To Seller’s knowledge, the Hotel has been constructed in a good and workmanlike manner without encroachments except as noted on the Survey and in accordance in all material respects with the Construction Plans. To Seller’s knowledgeContracts, the Hotel has received Plans and Specs, and all building permits and certificates of occupancy necessary for the operation thereof, therefor and is in compliance with all applicable zoning, platting, subdivision, health, safety and similar laws, rules, regulations, ordinances and codes. (ii) To the best of Seller’s knowledge, the The Personal Property is in good condition and operating order.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Eight, Inc.)

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