PROHIBITED ACTIVITIES OR CONDITIONS Sample Clauses

PROHIBITED ACTIVITIES OR CONDITIONS. Except as disclosed in any Environmental Report or otherwise disclosed in writing by the Borrower to the Lender before the date of this Agreement, (a) to the knowledge of the Warrantors, no Prohibited Activities or Conditions exist or have existed at, upon, under or within any Mortgaged Property that have not been remedied and (b) the Borrower has not at any time caused or permitted any Prohibited Activities or Conditions to exist at, upon, under or within any Mortgaged Property.
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PROHIBITED ACTIVITIES OR CONDITIONS. Except as disclosed in any Environmental Report delivered to Xxxxxx Mae prior to the date of this Agreement, or otherwise disclosed in writing by Owner to Xxxxxx Xxx prior to the date of this Agreement, (i) to the best knowledge of Owner, no Prohibited Activities or Conditions exist or have existed at, upon, under or within any Property that have not been remedied and (ii) neither Owner, General Partner nor any Guarantor has at any time caused or permitted any Prohibited Activities or Conditions to exist at, upon, under or within any Property.
PROHIBITED ACTIVITIES OR CONDITIONS. Except as disclosed in any Environmental Report delivered to Fannxx Xxx prior to the date of this Agreement, or otherwise disclosed in writing by the Borrowers to Fannxx Xxx xxxor to the date of this Agreement, (i) to the best knowledge of the Borrowers, no Prohibited Activities or Conditions exist or have existed at, upon, under or within any Property that have not been remedied and (ii) no Borrower nor Guarantor has at any time caused or permitted any Prohibited Activities or Conditions to exist at, upon, under or within any Property.
PROHIBITED ACTIVITIES OR CONDITIONS. Except as disclosed in any Environmental Report delivered to the Lender prior to the date on which the Owner's Property is added to the Collateral Pool, or otherwise disclosed in writing by the Owner to the Lender prior to such date, (i) to the best knowledge of the Owner, no Prohibited Activities or Conditions exist or have existed at, upon, under or within the Mortgaged Property that have not been remedied and (ii) no AIMCO Party has at any time caused or permitted any Prohibited Activities or Conditions to exist at, upon, under or within the Mortgaged Property.
PROHIBITED ACTIVITIES OR CONDITIONS. Except as disclosed in the Environmental Reports delivered to Fannxx Xxx prior to the Fannxx Xxx Xxxility Closing Date and described on Schedule 2.1.16 or otherwise disclosed in writing by Owner to Fannxx Xxx prior to the Fannxx Xxx Xxxility Closing Date, (a) to the best knowledge of Owner, no Prohibited Activities or Conditions exist or have existed at, upon, under or within any Property that have not been remedied and (b) neither Owner nor Operating Partnership has at any time caused or permitted any Prohibited Activities or Conditions to exist at, upon, under or within any Property.
PROHIBITED ACTIVITIES OR CONDITIONS. Causing or permitting, whether directly or indirectly, (i) the presence, use, generation, manufacture, production, processing, installation, release, discharge, storage (including storage in above ground and underground storage tanks for petroleum or petroleum products), treatment, handling, or disposal of any Hazardous Materials (excluding the safe and lawful use and storage of quantities of Hazardous Materials or petroleum products, customarily used in the ordinary operations of the Borrower or customarily used in the ordinary operations of any tenant previously approved by the Lender) on or under the Premises, or in any way affecting the Premises or its value or which may form the basis for any present or future claim, demand or action seeking cleanup of the Premises, (ii) the transportation of any Hazardous Materials to or from the Premises (excluding the safe and lawful use and storage of quantities of Hazardous Materials or petroleum products, customarily used in the ordinary operations of the Borrower or customarily used in the ordinary operations of any tenant previously approved by the Lender), or (iii) any occurrence or condition on the Premises (or exacerbation of the same) that is or may be in violation of Hazardous Materials Law.

Related to PROHIBITED ACTIVITIES OR CONDITIONS

  • Prohibited Activities and Conditions Except for matters described in this Section 6.12, Borrower will not cause or permit Prohibited Activities or Conditions. Borrower will comply with all Hazardous Materials Laws applicable to the Mortgaged Property. Without limiting the generality of the previous sentence, Borrower will: (i) obtain and maintain all Environmental Permits required by Hazardous Materials Laws and comply with all conditions of such Environmental Permits, (ii) cooperate with any inquiry by any Governmental Authority, and (iii) comply with any governmental or judicial order that arises from any alleged Prohibited Activity or Condition.

  • Prohibited Activities Except as set forth on Schedule 5.30, the COMPANY has not, between the Balance Sheet Date and the date hereof, taken any of the actions (Prohibited Activities) set forth in Section 7.3.

  • Prohibited Activity Notwithstanding any other provision of these Terms and Conditions or the Restricted Stock Unit Agreement (the “Agreement”), if you engage in a “Prohibited Activity,” as described below, while employed by one or more members of the Company Group or within two years after the date your employment with the Company Group terminates, then your right to receive the shares of the Common Stock, to the extent still outstanding at that time, shall be completely forfeited. A “Prohibited Activity” shall be deemed to have occurred, as determined by the Committee in its sole and absolute discretion, if you divulge any non-public, confidential or proprietary information of the Company Group, but excluding information that (a) becomes generally available to the public other than as a result of your public use, disclosure, or fault, or (b) becomes available to you on a non-confidential basis after your employment termination date from a source other than a member of the Company Group prior to the public use or disclosure by you, provided that such source is not bound by a confidentiality agreement or otherwise prohibited from transmitting the information by a contractual, legal or fiduciary obligation.

  • Regulated Activities The Company shall not itself, nor shall it cause, permit or allow the Bank or any other of its Subsidiaries to (i) engage in any business or activity not permitted by all applicable laws and regulations, except where such business or activity would not reasonably be expected to have a Material Adverse Effect on the Company, the Bank and/or such of its Subsidiaries or (ii) make any loan or advance secured by the capital stock of another bank or depository institution, or acquire the capital stock, assets or obligations of or any interest in another bank or depository institution, in each case other than in accordance with applicable laws and regulations and safe and sound banking practices.

  • Prohibited Transactions and Activities None of the Depositor, the Servicer or the Trustee shall sell, dispose of or substitute for any of the Mortgage Loans (except in connection with (i) the foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of the Trust Fund, (iii) the termination of the Trust Fund pursuant to Article IX of this Agreement, (iv) a substitution pursuant to Article II of this Agreement or (v) a purchase of Mortgage Loans pursuant to Article II or III of this Agreement), nor acquire any assets for any REMIC created hereunder (other than REO Property acquired in respect of a defaulted Mortgage Loan), nor sell or dispose of any investments in the Collection Account or the Distribution Account for gain, nor accept any contributions to any REMIC created hereunder after the Closing Date (other than a Qualified Substitute Mortgage Loan delivered in accordance with Section 2.03), unless it has received an Opinion of Counsel, addressed to the Trustee (at the expense of the party seeking to cause such sale, disposition, substitution, acquisition or contribution but in no event at the expense of the Trustee) that such sale, disposition, substitution, acquisition or contribution will not (a) affect adversely the status of any of any REMIC Regular Interest created hereunder as a REMIC or (b) cause any REMIC Regular Interest created hereunder to be subject to a tax on “prohibited transactions” or “contributions” pursuant to the REMIC Provisions.

  • Prohibited Actions The Company agrees that it will not take any action which would entitle the Warrantholder to an adjustment of the Exercise Price if the total number of shares of Common Stock issuable after such action upon exercise of this Warrant, together with all shares of Common Stock then outstanding and all shares of Common Stock then issuable upon the exercise of all outstanding options, warrants, conversion and other rights, would exceed the total number of shares of Common Stock then authorized by its Charter.

  • Permitted Activities The Executive shall devote his entire business time, attention and energies to the Business of the Employer and shall not during the Term be engaged (whether or not during normal business hours) in any other business or professional activity, whether or not such activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Executive from:

  • Restricted Activities The Executive agrees that some restrictions on his activities during and after his employment are necessary to protect the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates:

  • Prohibited Conduct In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

  • Prohibited Acts Assignor may not act for or bind Assignee on any matter, except the marketing and delivery of Assignee Minerals under this Article IV.

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