Easements, Licenses and Dedications Prior to Closing Sample Clauses

Easements, Licenses and Dedications Prior to Closing. From and after the Effective Date, no Contributor will voluntarily grant, create or enter into, or consent to the creation or imposition of, any encumbrance, covenant, easement, restriction, PUD ordinance, lot split, zoning change or land use change on, or with respect to, any Real Property without the prior written consent of the Operating Partnership, which consent will not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, any Contributor may enter into agreements or grant easements, licenses and dedications for usual and customary utilities (including telephone and cable television service through shared tenant service or other arrangements), water, parking, sewer, ingress and egress granted in the ordinary course of business without the Operating Partnership's consent; provided that such easements, licenses, or dedications do not materially adversely impact the applicable Real Estate Property; and provided further, that the Contributor shall give the Operating Partnership not less than ten (10) days prior written notice of any such easement, license or dedication, which shall thereupon become a Permitted Encumbrance.
Sample 1
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Easements, Licenses and Dedications Prior to Closing. From and after the Effective Date, no Contributor will voluntarily grant, create or enter into any encumbrance, covenant, easement or restriction on any Real Property without the prior written consent of the Operating Company, which consent will not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, any Contributor may enter into agreements or grant easements, licenses and dedications for usual and customary utilities (including telephone and cable television service through shared tenant service or other arrangements), water, parking, sewer, ingress and egress granted in the ordinary course of business without the Operating Company's consent; provided, -------- that the Contributor shall give the Operating Company written notice of any such easement, license or dedication, which shall thereupon become a Permitted Encumbrance.
Sample 1
Easements, Licenses and Dedications Prior to Closing. From and after the Effective Date, no Property Partnership will voluntarily grant, create or enter into any encumbrance, covenant, easement or restriction on any Real Property without the prior written consent of the Operating Partnership, which consent will not be unreasonably withheld, conditioned or delayed.
Sample 1
Easements, Licenses and Dedications Prior to Closing. From and after the Effective Date, no Contributor will voluntarily grant, create or enter into any encumbrance, covenant, easement or restriction on any Real Property without the prior written consent of the Operating Partnership, which consent will not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, any Contributor may enter into agreements or grant easements, licenses and dedications for usual and customary utilities (other than telephone and cable television service), water, sewer, ingress and egress granted in the ordinary course of business without the Operating Partnership's consent; provided that such Contributor shall give the Operating Partnership written notice of any such easement, license or dedication, which shall thereupon become a Permitted Encumbrance.
Sample 1

Related to Easements, Licenses and Dedications Prior to Closing

  • Operations Prior to Closing Between the date of the execution of this Agreement and Closing:

  • Title to Properties; Licenses Each Restricted Person has good and defensible title to or valid leasehold interests in all of its material properties and assets, free and clear of all Liens other than Permitted Liens and of all impediments to the use of such properties and assets in such Restricted Person’s business. Each Restricted Person possesses all licenses, permits, franchises, patents, copyrights, trademarks and trade names, and other intellectual property (or otherwise possesses the right to use such intellectual property without violation of the rights of any other Person) which are necessary to carry out its business as presently conducted and as presently proposed to be conducted hereafter, and no Restricted Person is in violation in any material respect of the terms under which it possesses such intellectual property or the right to use such intellectual property unless, in each case, such failure to possess or violation has not had, and could not reasonably be expected to have, a Material Adverse Effect.

  • Actions Prior to Closing From the date hereof until the Closing Date, Contributor shall not take any action or fail to take any action the result of which could (1) have a material adverse effect on the Contributed Interests or the Operating Partnership’s ownership thereof, or any Material Adverse Effect on any Contributed Entity or Property after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

  • OBLIGATIONS PRIOR TO CLOSING From the date of this Agreement through the Closing:

  • Consents, Licenses and Approvals The Administrative Agent shall have received, with a counterpart for each Lender, a certificate of a Responsible Officer of the Borrower (i) attaching copies of all consents, authorizations and filings referred to in Section 5.4, and (ii) stating that such consents, licenses and filings are in full force and effect, and each such consent, authorization and filing shall be in form and substance satisfactory to the Administrative Agent.

  • Compliance with Laws, Contracts, Licenses, and Permits The Borrower will, and will cause each of its Subsidiaries to, comply with (a) the applicable laws and regulations wherever its business is conducted, including all Environmental Laws, except where the failure to so comply would not reasonably be expected to have a materially adverse effect either individually or in the aggregate upon the business, assets or financial condition of the Borrower or any of its Subsidiaries, (b) the provisions of its charter documents and by-laws, (c) all agreements and instruments by which it or any of its properties may be bound, except where the failure to so comply would not reasonably be expected to have a materially adverse effect either individually or in the aggregate upon the business, assets or financial condition of the Borrower or any of its Subsidiaries, and (d) all applicable decrees, orders, and judgments. If any authorization, consent, approval, permit or license from any officer, agency or instrumentality of any government shall become necessary or required in order that the Borrower or any of its Subsidiaries may fulfill any of its obligations hereunder or any of the other Loan Documents to which the Borrower or such Subsidiary is a party, the Borrower will, or (as the case may be) will cause such Subsidiary to, immediately take or cause to be taken all reasonable steps within the power of the Borrower or such Subsidiary to obtain such authorization, consent, approval, permit or license and furnish the Agents and the Lenders with evidence thereof.

  • APPROVALS OF THIRD PARTIES AND PERMITS AND CONSENTS Pentegra shall use its best efforts to secure all necessary approvals and consents of third parties to the consummation of the transactions contemplated hereby.

  • Assignment of Licenses and Permits Assign or transfer any of its interest in any Permits pertaining to any Mortgaged Property, or assign, transfer or remove or permit any other Person to assign, transfer or remove any records pertaining to any Mortgaged Property.

  • Licenses, Permits and Approvals Seller has not received any written notice, and Seller has no knowledge that the Property fails to comply with all applicable licenses, permits and approvals and federal, state or local statutes, laws, ordinances, rules, regulations, requirements and codes including, without limitation, those regarding zoning, land use, building, fire, health, safety, environmental, subdivision, water quality, sanitation controls and the Americans with Disabilities Act, and similar rules and regulations relating and/or applicable to the ownership, use and operation of the Property as it is now operated. Seller has received all licenses, permits and approvals required or needed for the lawful conduct, occupancy and operation of the business of the Hotel, and each license and permit is in full force and effect, and will be received and in full force and effect as of the Closing. No licenses, permits or approvals necessary for the lawful conduct, occupancy or operation of the business of the Hotel, to Seller’s knowledge requires any approval of a governmental authority for transfer of the Property except as set forth in Exhibit D.

  • Operations Prior to the Closing Date (a) Seller shall use its commercially reasonable efforts to, and to cause the Companies to, operate and carry on the Business in the ordinary course and substantially as operated immediately prior to the date of this Agreement. Consistent with the foregoing, Seller shall use its commercially reasonable efforts, and shall cause the Companies to use their commercially reasonable efforts, consistent with good business practice, to preserve the goodwill of the suppliers, contractors, licensors, employees, customers, distributors and others having business relations with the Business.

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