Use of Real Property. None of the Shareholders, the Company and the Subsidiaries has received notice of violation of any applicable zoning or building regulation, ordinance or other law, order, regulation or requirement relating to the operations of the Company or its Subsidiaries, or any notice of default under any material lease, contract, commitment, license or permit, relating to the use and operation of the owned or leased real property listed in the Company Disclosure Schedules. To the knowledge of the Shareholders and the Company, none of the Shareholders, the Company and the Subsidiaries has received notice that any plant, facility or other building which is owned or covered by a lease set forth in the Company Disclosure Schedule does not substantially conform in all material respects with all applicable ordinances, codes, regulations and requirements, and none of the Shareholders, the Company and the Subsidiaries has received notice that any law or regulation presently in effect or condition precludes or restricts continuation of the present use of such properties.
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Samples: Agreement and Plan of Merger (Transcoastal Marine Services Inc), Agreement and Plan of Merger (Transcoastal Marine Services Inc), Agreement and Plan of Merger (Transcoastal Marine Services Inc)