No Violation Notice. Neither Seller nor the Partnership has received written notice within the past twenty-four (24) months: (a) from any federal, state, county or municipal authority or other third party alleging a violation of any fire, health, safety, building, pollution, environmental, deed restriction or other law, rule, regulation or code in respect of the Property or any part thereof, which has not been corrected in accordance with all applicable law; (b) concerning the possible or anticipated condemnation of any part of the Real Property, or the widening, change of grade or limitation on use of streets abutting the same or concerning any special taxes or assessments levied or to be levied against the Real Property or any part thereof and, to the knowledge of Seller, no such proceeding is threatened, other than possible changes to the Real Property’s access road to Route 29 in Burtonsville, Maryland; (c) from any insurance company or bonding company of any defects or inadequacies in the Real Property or any part thereof, which would adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges therefor or of any termination or threatened termination of any policy of insurance or bond; or (d) from any third party alleging any violation or default by Seller or the Partnership under any Service Contract or other agreement affecting the Property or the Partnership.
Appears in 5 contracts
Samples: Purchase and Sale Agreement (Berkshire Income Realty Inc), Purchase and Sale Agreement (Equity Resource Group Inc Et Al), Purchase and Sale Agreement (Capital Realty Investors Ii LTD Partnership)
No Violation Notice. Neither Seller nor the Partnership has received written notice within the past twenty-four (24) months:
(a) from any federal, state, county or municipal authority or other third party alleging a violation of any fire, health, safety, building, pollution, environmental, deed restriction or other law, rule, regulation or code in respect of the Property or any part thereof, which has not been corrected in accordance with all applicable law;
(b) concerning the possible or anticipated condemnation of any part of the Real Property, or the widening, change of grade or limitation on use of streets abutting the same or concerning any special taxes or assessments levied or to be levied against the Real Property or any part thereof and, to the knowledge of Seller, no such proceeding is threatened, other than possible changes to the Real Property’s access road to Route 29 in Burtonsville, Maryland;
(c) from any insurance company or bonding company of any defects or inadequacies in the Real Property or any part thereof, which would adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges therefor or of any termination or threatened termination of any policy of insurance or bond; or
(d) from any third party alleging any violation or default by Seller or the Partnership under any Service Contract or other agreement affecting the Property or the Partnership.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Berkshire Income Realty Inc)