REAL PROPERTY LAWS Sample Clauses

REAL PROPERTY LAWS. 22 RECEIVABLES.......................................................................2
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REAL PROPERTY LAWS. To the Knowledge of Receiver, except for any matters disclosed by the Permitted Exceptions, Sellers have not received any written notice of violation nor claimed violation of any applicable building, zoning or other land use and similar laws, codes, ordinances, rules, regulations and orders, including, without limitation, the Americans With Disabilities Act (other than environmental laws, which are more particularly described below) that would materially affect the use, occupancy, operation or marketability of the Real Property. From and after the Effective Time, Purchasers waive, release, and forever discharge Sellers and their directors, officers, shareholders, managers, members, employees, and agents, and their respective heirs, successors, personal representatives and assigns (collectively, the “Released Parties”), of and from any and all suits, legal or administrative proceedings, claims, demands, actual damages, punitive damages, losses, costs, liabilities, interest, attorneys’ fees and expenses of whatever kind and nature, in law or in equity, known or unknown (herein, “Claims”), that Purchasers ever had, now have, or in the future may have, against any of the Released Parties, based upon, or arising directly or indirectly out of: (i) the condition, character, suitability, quality or nature of the Property; and (ii) the existence, presence or condition of the asbestos-containing material or any hazardous materials (as defined by any applicable law, rule or regulation), on, in or under the Property (items (i) and (ii) are collectively, the “Conditions”); provided, however, that this waiver, release and discharge shall not apply to any Claims asserted by a third party against Purchasers or their affiliates as a result of personal injury or property damage occurring before Closing as a result of any Condition.
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REAL PROPERTY LAWS. The Real Property and its continued use, occupancy and operation as currently used, occupied and operated does not constitute a material nonconforming use under any applicable building, zoning, subdivision or other land use or similar law, ordinance, regulation, order or decree (collectively, "REAL PROPERTY LAWS"). The continued existence, use, occupancy and operation of each Improvement in the manner presently used, occupied or operated is not dependent on the granting of any special permit, exception, approval or variance. The Seller has no knowledge of any pending or anticipated change in any Real Property Law that would have a material adverse effect upon the ownership, use, occupancy or operation of the Real Property or any portion thereof, or upon the making of reasonable additions or alterations to the Improvements thereat or upon reconstruction of any Improvement in the event of a casualty. No dispute currently exists between the Seller and any governmental authority having jurisdiction over the Real Property with respect to any Real Property Law or the application thereof to the Real Property.
Sample 1
REAL PROPERTY LAWS. Since March 24, 1998 the Seller has done nothing to cause the Xxxxx City Real Property and its continued use, occupancy and operation as currently used, occupied and operated to constitute a material nonconforming use under any applicable building, zoning, subdivision or other land use or similar law, ordinance, regulation, order or decree (collectively, "REAL PROPERTY LAWS"). To Seller's knowledge, the continued existence, use, occupancy and operation of each Xxxxx City Improvement in the manner presently used, occupied or operated is not dependent on the granting of any special permit, exception, approval or variance. The Seller has no knowledge of any pending or anticipated change in any Real Property Law that would have a material adverse effect upon the ownership, use, occupancy or operation of the Xxxxx City Real Property or any portion thereof, or upon the making of reasonable additions or alterations to the Xxxxx City Improvements thereat or upon reconstruction of any Xxxxx City Improvement in the event of a casualty. No dispute currently exists between the Seller and any governmental authority having jurisdiction over the Xxxxx City Real Property with respect to any Real Property Law or the application thereof to the Xxxxx City Real Property.
Sample 1
REAL PROPERTY LAWS. The Wilkesboro Real Property and its continued use, occupancy and operation as currently used, occupied and operated does not constitute a material nonconforming use under any applicable Real Property Law. The continued existence, use, occupancy and operation of each Wilkesboro Improvement in the manner presently used, occupied or operated is not dependent on the granting of any special permit, exception, approval or variance. The Seller has no knowledge of any pending or anticipated change in any Real Property Law that would have a material adverse effect upon the ownership, use, occupancy or operation of the Wilkesboro Real Property or any portion thereof, or upon the making of reasonable additions or alterations to the Wilkesboro Improvements thereat or upon reconstruction of any Wilkesboro Improvement in the event of a casualty. No dispute currently exists between the Seller and any governmental authority having jurisdiction over the Wilkesboro Real Property with respect to any Real Property Law or the application thereof to the Wilkesboro Real Property.
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REAL PROPERTY LAWS. 18, 47 Reimbursable Expenses.........................................................47
Sample 1
REAL PROPERTY LAWS. All of the Business Real Property and its continued use, occupancy and operation as currently used, occupied and operated does not constitute a nonconforming use under any applicable building, zoning, subdivision or other land use or similar Law (collectively, "Real Property Laws"). The continued existence, use, occupancy and operation of each Improvement is not dependent on the granting of any special permit, exception, approval or variance. Seller Business Entities have no knowledge of any pending or anticipated change in any Real Property Law which would have a material adverse effect upon the ownership, use, occupancy or operation of the Business Real Property or any portion thereof, or upon reconstruction of any Improvement in the event of a casualty. No material dispute currently exists with any Governmental Authority having jurisdiction over the Business Real Property with respect to any Real Property Law or the application thereof to the Business Real Property.
Sample 1
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Related to REAL PROPERTY LAWS

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

  • Real Property; Leasehold Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company or any of its Subsidiaries, and (b) copies of all leases under which any such real property is possessed (the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder. The Company’s use and operation of each such leased property conforms to all applicable Laws in all material respects, and the Company has exclusive possession of each such leased property and has not granted any occupancy rights to tenants or licensees with respect to such leased property. In addition, each such leased property is free and clear of all Encumbrances other than Permitted Encumbrances. The Company has not received written notice from its landlords or any Governmental Body that: (i) relates to violations of building, zoning, safety or fire ordinances or regulations; (ii) claims any defect or deficiency with respect to any of such properties; or (iii) requests the performance of any repairs, alterations or other work to such properties.

  • Real Property Lease Except as set forth in Disclosure Schedule 1.1.(b), Seller has no leases of real property used or held for use in connection with the Business or the Purchased Assets.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Real Property Interests Except for leasehold interests disclosed on Schedule 3.20, and except for the ownership or other interests set forth on Schedule 3.20, no Credit Party has, as of the Closing Date, any ownership, leasehold or other interest in real property. Schedule 3.20 sets forth, with respect to each parcel of real estate owned by any Credit Party as of the Closing Date, the address and legal description of such parcel.

  • Real Property Matters The Company does not own any real property as of the date hereof and has not owned any real property during the three years preceding the date hereof.

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Title; Real Property (a) Each Group Member has good and marketable fee simple title to all owned real property and valid leasehold interests in all leased real property, and owns all personal property, in each case that is purported to be owned or leased by it, including those reflected on the most recent Financial Statements delivered by the Borrower, and none of such property is subject to any Lien except Permitted Liens.

  • Personal Property Leases Schedule 5.10 contains, as of the date of this Agreement, a list of each lease or other agreement or right under which the Company or any of the Subsidiaries is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third Person, except those which are terminable by the Company or such Subsidiary without penalty on 90 days’ or less notice or which provide for annual rental payments of less than $250,000.

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