YACHT HAVEN Sample Clauses

YACHT HAVEN. A. Consent of Xxxxxx Brothers Holdings Inc. (“Xxxxxx”) to the transfer of the mortgaged property or any interest therein owned by IN-USVI, LLC (“IN-USVI”) to Newco or to Buyer, in connection with the Loan Agreement, dated as of July 10, 2002, between Xxxxxx and IN-USVI. B. Consent of The West Indian Company, Limited (“WICO”), as landlord, to a transfer of the beneficial ownership interests in IN-USVI, as tenant, owned by Insignia Yacht Haven Corp. to Newco or to Buyer pursuant to the Development and Lease Agreement, effective February 1, 2002, between WICO and IN-USVI (as assignee). C. Consent of the Government of the Virgin Islands through its Department of Planning and Natural Resources to the assignment of the Lease Agreement relating to submerged lands to Newco or to Buyer. D. Consent of the St. Xxxxxx CZM Committee to transfer of CZM Permit Application, or any permit issued thereunder, to Newco or to Buyer.
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  • Přetrvající platnost This Section 3 “

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