Real Property Permits Sample Clauses

Real Property Permits. Borrower has all Permits, all of which are in full force and effect as of the date hereof required by the applicable Governmental Authorities in connection with the ownership and operation of any Material Real Property, except to the extent that the failure to have any such Permits would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
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Real Property Permits. All certificates of occupancy, permits, --------------------- licenses, franchises, approvals and authorizations (collectively, the "Real ---- Property Permits") of all governmental authorities having jurisdiction over the ---------------- Owned Real Property, which are required to lawfully occupy, use and operate the Owned Real Property as necessary to conduct Business as presently conducted, have been issued and are in full force and effect as of the date hereof. Seller has not received any written notice from any governmental authority having jurisdiction over the Owned Real Property threatening a suspension, revocation, modification or cancellation of any Owned Real Property Permit. The Real Property Permits are transferable to Purchaser without the consent or approval of any governmental authority.
Sample 1
Real Property Permits. All material certificates of occupancy, permits, --------------------- licenses, franchises, approvals and authorizations (collectively, the "Real ---- Property Permits") of all Governmental Entities having jurisdiction over the ---------------- Real Property (other than with respect to the environmental matters described in Section 3.16 and other than any required State of Wisconsin or Federal permit required for the pipeline running under the Wisconsin River from Nepco Lake to the Port Xxxxxxx Mill) required to have been issued to Seller or Transferred Subsidiaries to enable the Real Property to be lawfully occupied and used for all of the purposes for which they are currently occupied and used have been lawfully issued and are, as of the date hereof, in full force and effect. Neither Parent nor any of its Affiliates has received or been informed by a third party of the receipt by it of any notice from any Governmental Entity having jurisdiction over the Real Property threatening a suspension, revocation, modification or cancellation of any Real Property Permit and, to Parent's Knowledge, there is no basis for the issuance of any such notice or the taking of any such action.
Sample 1
Real Property Permits. Seller has obtained, has complied with, and is currently complying in all material respects with, all Permits necessary for the ownership or development of the Real Property, including building Permits (the “Real Property Permits”). Section 5(k)(xxi) of the Disclosure Schedule contains a complete and accurate list of all such Real Property Permits (separated by Project), including the (i) Real Property Permit name or type, (ii) issuing Governmental Authority, (iii) Seller Affiliate or employee to whom issued and (iv) dates of issuance and expiration. Seller has Made Available to Buyer complete and accurate copies of each such Real Property Permit. All such Real Property Permits are valid and in full force and effect and all fees and charges with respect to such Permits have been paid in full, except for fees and charges as described on Section 5(k)(xxi) of the Disclosure Schedule. No event has occurred that, with or without notice or lapse of time or both, would reasonably be expected to result in the revocation, suspension, lapse, violation, or limitation of any Real Property Permit set forth in Section 5(k)(xxi) of the Disclosure Schedule. Seller has caused to be undertaken all measures necessary to facilitate transfer of such Real Property Permits to Buyer to the extent transfer is allowed by Law, and, to Seller’s Knowledge, there is no condition, event, or circumstance that might require further action in connection with, or prevent or impede, such transfers. Seller received any notice regarding any material change in the status or terms and conditions of such Real Property Permits.
Sample 1

Related to Real Property Permits

  • Licenses and Permits Each Mortgagor covenants in the Mortgage Loan documents that it shall keep all material licenses, permits, franchises, certificates of occupancy and applicable governmental approvals necessary for the operation of the Mortgaged Property in full force and effect, and to the Mortgage Loan Seller’s knowledge based upon any of a letter from any government authorities, zoning consultant’s report or other affirmative investigation of local law compliance consistent with the investigation conducted by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization; all such material licenses, permits, franchises, certificates of occupancy and applicable governmental approvals are in effect or the failure to obtain or maintain such material licenses, permits, franchises or certificates of occupancy and applicable governmental approvals does not materially and adversely affect the use and/or operation of the Mortgaged Property as it was used and operated as of the date of origination of the Mortgage Loan or the rights of a holder of the related Mortgage Loan. The Mortgage Loan requires the related Mortgagor to be qualified to do business in the jurisdiction in which the related Mortgaged Property is located and for the Mortgagor and the Mortgaged Property to be in compliance in all material respects with all regulations, zoning and building laws.

  • Building Permits All building permits required for the construction of the Improvements have been obtained prior to the commencement of the construction of the Improvements and copies of same will be delivered to Lessor.

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

  • 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 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.

  • Governmental Licenses and Permits (a) Excluding Environmental Permits (which are covered solely in Section 3.11), and except as has not had and would not reasonably be expected to result in material liability to the Business, the Sellers hold all governmental qualifications, registrations, filings, privileges, franchises, licenses, permits, approvals or authorizations that are required for the operation of the Transferred Assets or the Business as conducted by the Sellers (collectively, “Material Permits”).

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

  • 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.

  • Compliance with Laws, Contracts, Licenses, and Permits The Borrower will, and will cause each of its Subsidiaries to, comply with (a) the applicable laws and regulations wherever its business is conducted, including all Environmental Laws, except where the failure to so comply would not reasonably be expected to have a materially adverse effect either individually or in the aggregate upon the business, assets or financial condition of the Borrower or any of its Subsidiaries, (b) the provisions of its charter documents and by-laws, (c) all agreements and instruments by which it or any of its properties may be bound, except where the failure to so comply would not reasonably be expected to have a materially adverse effect either individually or in the aggregate upon the business, assets or financial condition of the Borrower or any of its Subsidiaries, and (d) all applicable decrees, orders, and judgments. If any authorization, consent, approval, permit or license from any officer, agency or instrumentality of any government shall become necessary or required in order that the Borrower or any of its Subsidiaries may fulfill any of its obligations hereunder or any of the other Loan Documents to which the Borrower or such Subsidiary is a party, the Borrower will, or (as the case may be) will cause such Subsidiary to, immediately take or cause to be taken all reasonable steps within the power of the Borrower or such Subsidiary to obtain such authorization, consent, approval, permit or license and furnish the Agents and the Lenders with evidence thereof.

  • Compliance with Laws; Licenses and Permits The Corporation and each Subsidiary has conducted and is conducting the business thereof in compliance in all material respects with all applicable laws, rules, regulations, tariffs, orders and directives of each jurisdiction in which it carries on business and possesses all material approvals, consents, certificates, registrations, authorizations, permits and licenses issued by the appropriate provincial, state, municipal, federal or other regulatory agency or body necessary to carry on the business currently carried on, or contemplated to be carried on, by it, is in compliance in all material respects with the terms and conditions of all such approvals, consents, certificates, authorizations, permits and licenses and with all laws, regulations, tariffs, rules, orders and directives material to the operations thereof, and none of the Corporation or any Subsidiary has received any notice of the modification, revocation or cancellation of, or any intention to modify, revoke or cancel or any proceeding relating to the modification, revocation or cancellation of any such approval, consent, certificate, authorization, permit or license which, singly or in the aggregate, if the subject of an unfavourable decision, order, ruling or finding, would materially adversely affect the conduct of the business or operations of, or the assets, liabilities (contingent or otherwise), condition (financial or otherwise) or prospects of, the Corporation or any Subsidiary.

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