Common use of Use of Project Clause in Contracts

Use of Project. To Borrower’s knowledge, the Improvements and the Property, and their use as medical/commercial office buildings, comply fully with all applicable laws and restrictive covenants, including, without limitation, all zoning laws.

Appears in 4 contracts

Samples: Loan Agreement (Grubb & Ellis Healthcare REIT, Inc.), Loan Agreement (Grubb & Ellis Healthcare REIT, Inc.), Loan Agreement (NNN Healthcare/Office REIT, Inc.)

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Use of Project. To Borrower’s knowledge, the Improvements and the Property, and their use as medical/commercial office buildings, comply fully with all applicable laws and restrictive covenants, including, without limitation, all zoning lawslaws (except for certain matters which do not comply with current ADA and fire code requirements, but which complied with previous requirements, and with respect to which the city of Hayward has waived the current non-compliance).

Appears in 1 contract

Samples: Loan Agreement (G REIT Liquidating Trust)

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