Common use of Required Licenses and Permits Clause in Contracts

Required Licenses and Permits. All Licenses and Permits which are reasonably required in order to operate the Property in the usual course of business have been duly and properly obtained, and will remain in full force and effect, and have been, and shall be complied with, in all material respects.

Appears in 3 contracts

Samples: Loan Agreement (Unitil Corp), Loan Agreement (STAG Industrial, Inc.), Loan Agreement (Westwood Group Inc)

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Required Licenses and Permits. All Licenses and Permits which are reasonably required in order to operate the Property in the usual course of business have been duly and properly obtained, and will remain in full force and effect, and have been, and shall be complied with, in all material respects.

Appears in 1 contract

Samples: Loan Agreement (Sonesta International Hotels Corp)

Required Licenses and Permits. All Licenses and Permits which are reasonably required in order to operate the Property in the usual course of business have been been, or will be, duly and properly obtained, and will remain in full force and effect, and have been, and shall be complied with, in all material respects.

Appears in 1 contract

Samples: Loan Agreement (Worksport LTD)

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Required Licenses and Permits. All Licenses and Permits which are reasonably required in order to operate the Property in the usual course of business have been duly and properly obtained, and will remain are in full force and effect, and have been, and shall be been complied with, in all material respects.

Appears in 1 contract

Samples: Loan Agreement (Clarion Partners Property Trust Inc.)

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