Occupancy Certificates. The Mortgaged Property is lawfully ---------------------- occupied under applicable law. All inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities; 20.
Occupancy Certificates. The Sellers shall have obtained and furnished to the Buyers any and all certificate(s) of continued occupancy or similar documents required from the applicable Governmental Entity in connection with the Buyers' acquisition of the Purchased Assets and the Sellers' interest in the Leases.
Occupancy Certificates. At Closing, Seller shall deliver to Buyer true and complete copies of any certificates of occupancy, certificates of land use compliance, or equivalent instruments ("Occupancy Certificates") issued by the appropriate governmental authority, that are required to permit the present use of the real property subject to the Real Property Contracts by Seller prior to Closing and by Buyer after Closing. No proceedings to amend, cancel, or revoke any such Occupancy Certificates shall be pending or threatened as of the Closing Date. If no Occupancy Certificate is required to continue the present use of such real property after Closing, then Seller shall deliver to Buyer a written opinion of Seller's counsel, dated the Closing Date, to that effect, which opinion shall explain why no occupancy certificate is required and shall include the citation of any applicable statute or regulation. 7.10
Occupancy Certificates. If any governmental authority requires that certificates of occupancy, certificates of continued occupancy, smoke detector certifications or other inspection or occupancy certificates (collectively, “Occupancy Certificates”) be obtained in connection with the conveyance of the Property to Purchaser, Seller shall, at its sole cost, obtain such Occupancy Certificates and make any repairs, replacements, alterations and changes to the Property required in connection therewith prior to the Closing; provided, however, that, if the cost of any such repairs, replacements, alterations and/or changes (collectively, “Repair Costs”) are reasonably estimated by Seller to equal or exceed Twenty-Five Thousand and 00/100 Dollars ($25,000.00) in the aggregate (the “Repair Costs Cap”), Seller will have the right to terminate this Agreement upon written notice to Purchaser (such notice, “Seller’s CCO Termination Notice”), whereupon all rights and obligations of the parties hereunder will be null and void, except for those rights and obligations that expressly survive the termination of this Agreement.
Occupancy Certificates. If any governmental authority requires that certificates of occupancy, certificates of continued occupancy, smoke detector certifications or other inspection 140131415.4 142232567.2
Occupancy Certificates. If not available, please provide a letter from the City stating that they are not available, and why. _____ _____ *R. Ground Lease; please advise if not applicable. _____ _____ *S. Reciprocal Use Agreement; please advise if not applicable. _____ _____ T. Operating Licenses. _____ _____ U. Termite inspection. _____ _____ V. Copy of one xxxx from each utility for the property. _____ _____ *W. Existing reports, if available (e.g., appraisal, market study, engineering, environmental). _____ _____ X. Plans, specifications and soil reports (recently completed properties only). _____ _____ Y. Copies of any deed or rent restrictions in place; please advise if not applicable. * STARRED ITEMS ARE REQUIRED AS SOON AS POSSIBLE SO THAT THIRD PARTY REPORTS CAN BE ORDERED.
Occupancy Certificates. If not available, please provide a letter from the City stating that they are not available, and why. *R. Ground Lease; please advise if not applicable. *S. Reciprocal Use Agreement; please advise if not applicable.
