General Business Risks Sample Clauses

General Business Risks. The projections included in Exhibit 4 are based on a variety of assumptions which, if incorrect, could affect the accuracy of the projections. While the attached projections included in Exhibit 4 incorporate a series of assumptions reflecting future events at the Property and in the Orange County leasing market, they do not incorporate a wide range of potential risks that could impact the eventual performance of the Property. These risks may include (i) the rejection of the Denny's leases for 158,362 square feet as part of Flagstar's reported restructuring, the outcome of which could lead to lower achieved rents on this space, (ii) the development of competitive office buildings on the Development Parcel, which could negatively impact leasing efforts, (iii) the possibility of aggressive overbuilding of competitive office product in the Orange County market, which could lead to depressed rental rates and increased vacancy rates, (iv) the inability of management to find tenants willing to lease the sub-grade concourse space at cost effective rents, (v) litigation related to the surrounding Development Parcel, (vi) a general and pronounced downturn in the local economy or continued mergers and consolidations in industries that are major tenants in the Orange County marketplace and (vii) physical catastrophes that might damage the Property and render it partially or fully unfunctional. In addition, the financial terms (including free rent periods and tenant improvement allowances) may vary significantly from the assumptions that underlie the projections attached as Exhibit 4. Tenants in the Property may default under their leases or otherwise cease making rental payments, thereby negatively affecting projected cash flow from the Property and Jamboree LLC's ability to make payments on the notes issued under the Plan. Moreover, projected expense figures for Property operations may be lower than actual costs. Because the Property is now over 20 years old, capital replacement and repair costs may significantly exceed those assumed in the projections. Finally, there is no assurance that Jamboree LLC will be able to sell or refinance the Property for an amount sufficient to pay in full the outstanding principal balance of the New Notes within five years. Notwithstanding CWOP's conclusions that the restructuring as effected through the Plan is feasible, there can be no assurance that payments under the New Notes can be made if the real estate market declines further ...
Sample 1
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General Business Risks 
Sample 1

Related to General Business Risks

  • General Business Insurance To maintain insurance as is usual for the business it is in.

  • Business Auto Liability The following Automobile Liability will be required and coverage shall apply to all owned, hired, and non-owned vehicles used with minimum limits of: $100,000 bodily injury per person (B.I.) $300,000 bodily injury per occurrence (B.I.) $100,000 property damage (PD) or $300,000 combined single limit (C.S.L.) of B.I. and P.D.

  • Products and Completed Operations Personal Injury Liability Contractual Liability The policy shall be on an occurrence form and limits shall not be less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal & Advertising Injury

  • Business Automobile Liability Contractor shall maintain, during the entire term of the contract, automobile liability insurance in an amount not less than five hundred thousand dollars ($500,000.00) per occurrence.

  • Insurance Business All insurance policies issued by any Regulated Insurance Company are, to the extent required under applicable law, on forms approved by the insurance regulatory authorities of the jurisdictions where issued or have been filed with and not objected to by such authorities within the period for objection, except for those forms with respect to which a failure to obtain such approval or make such a filing without it being objected to, either individually or in the aggregate, has not had, and could not reasonably be expected to have, a Material Adverse Effect.

  • Personal Business Users may not use the Fitness Center premises for personal business without prior written approval by an authorized representative of the Fitness Center, which approval may be withheld in the Fitness Center’s sole and absolute discretion.

  • Business Automobile Liability Insurance Such insurance shall cover liability arising out of any automobile used in connection with performance under the Contract, including owned, leased, hired and non-owned automobiles bearing or, under the circumstances under which they are being used, required by the Motor Vehicles Laws of the State of New York to bear, license plates.

  • Ethical Business Practices The Contractor shall work in partnership with the State to ensure a successful and valuable contract, and ethical practices are required of State employees, Contractors, and all parties representing the Contractor. All work performed under this Contract will be subject to review by the Inspector General of the State of Florida, and any findings suggesting unethical business practices may be cause for termination or cancellation.

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Business Automobile Liability insurance with a combined Bodily Injury/Property Damage limit of not less than $1,000,000 each accident. The policy shall cover liability arising from the operation of licensed vehicles by policyholder.

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