Common use of Land Use Clause in Contracts

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of any special use permit, special exception or other special permit, permission or consent and Transferor is not aware of any proposal to change or restrict such use. Transferor has all necessary certificates of occupancy or completion to operate the Property as presently operated and there are no unfulfilled conditions respecting the development of the Property.

Land Use. The current use and occupancy of the Property for golfing golfing, hospitality and all other related purposes (including, without limitation, including the sale of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of do not require any special use permit, special exception or other special permit, permission or consent which has not been obtained, and Transferor Borrower is not aware of any proposal to change or restrict such use. Transferor Borrower has all necessary certificates of occupancy or completion to operate the Property as presently operated and there are no unfulfilled conditions respecting the development of the Propertyoperated.

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of any special use permit, special exception or other special permit, permission or consent and Transferor Seller is not aware of any proposal to change or restrict such use. Transferor Seller has all necessary certificates of occupancy or completion to operate the Property as presently operated and there are no unfulfilled conditions respecting the development of the Property.

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale sales of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without and will not be adversely affected by the necessity transaction contemplated by this Agreement. The Zoning classification of any special use permit, special exception or other special permit, permission or consent and Transferor is not aware of any proposal to change or restrict such use. Transferor has all necessary certificates of occupancy or completion to operate the Property as presently operated is sufficient for its current and there are no unfulfilled conditions respecting projected use and such classification permits the development use of the Property.Property for a public and/or private golf course and related facilities. 6

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of any special use permit, special exception or other special permit, permission or consent and Transferor Seller is not aware of any proposal to change or restrict such use. Transferor Seller has all necessary certificates of occupancy or completion to operate the Property as presently operated and and, to Seller's knowledge, there are no unfulfilled conditions respecting the development of the Property.

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale of merchandise and food and beverages) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of any special use permit, special exception or other special permit, permission or consent and Transferor is not aware of any proposal to change or restrict such use. Transferor has all necessary necessary, certificates of occupancy or completion to operate the Property as presently operated and there are no unfulfilled conditions respecting the development of the Property.

Land Use. The current use and occupancy of the Property for golfing and all other related purposes (including, without limitation, the sale of merchandise and food and beveragesbeverages including the sale of alcoholic beverages pursuant to a validly issued liquor license) are permitted as a matter of right as a principal use under all laws and regulations applicable thereto without the necessity of any special use permit, special exception or other special permit, permission or consent and Transferor is not aware of any proposal to change or restrict such use. Transferor has all necessary certificates of occupancy or completion to operate the Property as presently operated and there are no unfulfilled conditions respecting the development of the Property.