Land Use Proceedings Sample Clauses
The Land Use Proceedings clause defines the procedures and responsibilities related to legal or administrative actions concerning the use, zoning, or development of a property. It typically outlines how parties must notify each other of any pending or threatened proceedings, who is responsible for defending or responding to such actions, and how any resulting costs or obligations are allocated. This clause ensures that both parties are aware of and can address any legal challenges or changes affecting the property's permitted uses, thereby protecting their interests and clarifying the process for handling such disputes.
Land Use Proceedings. As of the Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Effective Date Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding. After the Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding that could reasonably be expected to result in a Material Adverse Effect. No Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Mortgaged Properties after the Effective Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Mortgaged Properties.
Land Use Proceedings. As of the RestatementFourth Amendment Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Existing Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding. After the RestatementFourth Amendment Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding that could reasonably be expected to result in a Material Adverse Effect. No Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Mortgaged Properties after the RestatementFourth Amendment Effective Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Mortgaged Properties.
Land Use Proceedings. Except as set forth on Schedule 5.6B, there are no material pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Real Property Assets or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such proceeding. Except as set forth on Schedule 5.6B, no Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Real Property Assets after the Effective Date and that would (i) materially affect the operations of or the entitlements applicable to such property, (ii) require the owner of such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Real Property Assets.
Land Use Proceedings. As of the Effective Date, there are no pending condemnation, zoning or other land use proceedings or special assessment proceedings with respect to the Effective Date Mortgaged Properties or the use thereof, and Seller has not received written notice from any Governmental Authority threatening any such proceeding. After the Effective Date, there are no material pending condemnation, zoning or other land use proceedings or special assessment proceedings with respect to the Effective Date Mortgaged Properties or the use thereof, and Seller has not received written notice from any Governmental Authority threatening any such proceeding. Seller has not entered into any agreements or commitments with Governmental Authorities that will be binding on the Effective Date Mortgaged Properties after the Effective Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Effective Date Mortgaged Properties.
Land Use Proceedings. Seller has not taken any action before any governmental authority having jurisdiction there over, the object of which would be to change the present zoning of or other land-use limitations, upon the Property, or any portion thereof, or its potential use, and, to Seller’s knowledge after due inquiry, there are no pending proceedings, the object of which would be to change the present zoning or other land-use limitations.