Common use of Law Compliance Clause in Contracts

Law Compliance. Neither Hersha Owner nor Hersha Lessee has received any written notice from any Governmental Authority nor do they have actual knowledge that all or any portion of the Premises are in material violation of any applicable building codes, zoning law or land use law, environmental law or regulation, or any applicable local, state or federal law or regulation relating to the Premises, which material violation has not been cured or remedied in accordance with applicable law prior to the Effective Date or which will not be cured in accordance with all applicable laws at or prior to Closing.

Appears in 4 contracts

Samples: Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust)

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Law Compliance. Neither Hersha Owner nor Hersha Lessee has received any written notice from any Governmental Authority nor do they have actual knowledge that all or any portion of the Premises are in material violation of any applicable building codes, zoning law or land use law, environmental law or regulation, or any applicable local, state or federal law or regulation relating to the Premises, which material violation has not been cured or remedied in accordance with applicable law prior to the Effective Date or which will not be cured in accordance with all applicable laws at or prior to Closing.35

Appears in 2 contracts

Samples: Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust)

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Law Compliance. Neither Hersha Owner nor Hersha Lessee has received any written notice from any Governmental Authority nor do they have actual knowledge that all or any portion of the Premises are in material violation of any applicable building codes, zoning law or land use law, environmental law or regulation, or any applicable local, state or federal law or regulation relating to the Premises, which material violation has not been cured or remedied in accordance with applicable law prior to the Effective Date or which will not be cured in accordance with all applicable laws at or prior to Closing.36

Appears in 1 contract

Samples: Asset Purchase and Contribution Agreement (Hersha Hospitality Trust)

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