Common use of Governmental and Non-Governmental Requirements Clause in Contracts

Governmental and Non-Governmental Requirements. Borrower has obtained all licenses, permits, authorizations, consents or approvals from each governmental authority and has obtained all licenses, authorizations, consents, approvals or franchises from each non-governmental entity necessary for the operation of Borrower's business and the Project, and all such licenses, permits, authorizations, consents or approvals are in full force and effect, unless otherwise specifically approved by Lender in writing due to future development purposes.

Appears in 4 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC)

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Governmental and Non-Governmental Requirements. The Borrower has obtained all licenses, permits, authorizations, consents or approvals from each governmental authority and has obtained or will obtain all licenses, authorizations, consents, approvals or franchises from each non-governmental entity necessary for the operation of the Borrower's business and the Project, and all such licenses, permits, authorizations, consents or approvals are are, or upon obtaining thereof, will be in full force and effect, unless otherwise specifically approved by Lender in writing due to future development purposes.

Appears in 1 contract

Samples: Loan Agreement (Asha Corp)

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Governmental and Non-Governmental Requirements. The Borrower has obtained all licenses, permits, authorizations, consents or approvals from each governmental authority and has obtained or will obtain all licenses, authorizations, consents, approvals or franchises from each non-governmental entity necessary for the operation of the Borrower's business and the Project, and all such licenses, permits, authorizations, consents or approvals are are, or upon obtaining thereof, will be, in full force and effect, unless otherwise specifically approved by Lender in writing due to future development purposes.

Appears in 1 contract

Samples: Loan Agreement (Family Home Health Services, Inc.)

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