Common use of REQUIRED CONSTRUCTION PERMITS Clause in Contracts

REQUIRED CONSTRUCTION PERMITS. Borrower has obtained all necessary certificates, permits, licenses, qualifications, authorizations, consents and approvals from all necessary Governmental Authorities to own, construct or rehabilitate, to carry out all of the transactions required by the Loan Documents and to comply with all applicable federal statutes and regulations of HUD in effect on the date of the Firm Commitment, except for those, if any, which customarily would be obtained at a later date, at an appropriate stage of construction or completion thereof, and which the Borrower shall obtain in the future. The Borrower represents and warrants that the licenses and permits that are in effect as of the date hereof are sufficient to allow any construction, Substantial Rehabilitation, Limited Rehabilitation, or repairs as applicable, of the Project to proceed to completion in the ordinary course. As the construction, Substantial Rehabilitation, Limited Rehabilitation, or repairs, as applicable, of the Project progresses, Borrower shall procure and submit all necessary building and other permits required by Governmental Authorities.

REQUIRED CONSTRUCTION PERMITS. Borrower has obtained all necessary certificates, permits, licenses, qualifications, authorizations, consents and approvals from all necessary Governmental Authorities to own, construct or rehabilitate, to carry out all of the transactions required by the Loan Documents and to comply with all applicable federal statutes and regulations of HUD in effect on the date of the Firm Commitment, except for those, if any, which customarily would be obtained at a later date, at an appropriate stage of construction or completion thereof, and which the Borrower shall obtain in the future. The Borrower represents and warrants that the licenses and permits that are in effect as of the date hereof are sufficient to allow any construction, Substantial Rehabilitationsubstantial rehabilitation, Limited Rehabilitation, or repairs as applicable, of the Project to proceed to completion in the ordinary course. As the construction, Substantial Rehabilitationsubstantial rehabilitation, Limited Rehabilitation, or repairs, as applicable, of the Project progresses, Borrower shall procure and submit all necessary building and other permits required by Governmental Authorities.

REQUIRED CONSTRUCTION PERMITS. Borrower has obtained all necessary certificates, permits, licenses, qualifications, authorizations, consents and approvals from all necessary Governmental Authorities to own, construct or rehabilitate, to carry out all of the transactions required by the Loan Documents and to comply with all applicable federal statutes and regulations of HUD in effect on the date of the Firm Commitment, except for those, if any, which customarily would be obtained at a later date, at an appropriate stage of construction or completion thereof, and which the Borrower shall obtain in the future. The Borrower represents and warrants that the licenses and permits that are in effect as of the date hereof are sufficient to allow any construction, Substantial RehabilitationSsubstantial Rrehabilitation, Limited Rehabilitation, or repairs as applicable, of the Project to proceed to completion in the ordinary course. As the construction, Substantial RehabilitationXxxxxxxxxxxx Rrehabilitation, Limited Rehabilitation, or repairs, as applicable, of the Project progresses, Borrowerprogresses, Borrower shall procure and submit all necessary building and other permits required by Governmental Authorities.

REQUIRED CONSTRUCTION PERMITS. Unless otherwise required in the Construction Contract and Building Loan Agreement, Borrower has obtained all necessary certificates, permits, licenses, qualifications, authorizations, consents and approvals from all necessary Governmental Authorities to own, construct or rehabilitate, to carry out all of the transactions required by the Loan Documents and to comply with all applicable federal statutes and regulations of HUD in effect on the date of the Firm Commitment, except for those, if any, which customarily would be obtained at a later date, at an appropriate stage of construction or completion thereof, and which the Borrower shall obtain in the future. The Borrower represents and warrants that the Tthe licenses and permits that are in effect as of the date hereof are sufficient to allow any construction, Substantial Rehabilitationsubstantial rehabilitation, Limited Rehabilitation, or repairs as applicable, of the Improvements Project to proceed to completion in the ordinary course. As the construction, Substantial Rehabilitationsubstantial rehabilitation, Limited Rehabilitation, or repairs, as applicable, of the Improvements Project progresses, unless otherwise required by the Construction Contract, Borrower shall procure and submit all necessary building and other permits required by Governmental Authorities.