Common use of Zoning and Contract Changes and Compliance Clause in Contracts

Zoning and Contract Changes and Compliance. Neither any Borrower nor any Guarantor shall (a) initiate, acquiesce or consent to any zoning reclassification of any of its Collateral Property or seek any variance under any existing zoning ordinance or use or permit the use of any Collateral Property in any manner that could result in such use becoming a non-conforming use under any zoning ordinance or any other applicable land use law, rule or regulation or (b) initiate any change in any laws, requirements of governmental authorities or obligations created by private contracts and Leases which now or hereafter may materially adversely affect the ownership, occupancy, use or operation of any Collateral Property.

Zoning and Contract Changes and Compliance. Neither any the Borrower nor any Guarantor shall (a) initiate, acquiesce initiate or consent to any zoning reclassification of any of its Collateral the Borrowing Base Property or seek any variance under any existing zoning ordinance or use or permit the use of any Collateral Borrowing Base Property in any manner that could result in such use becoming a non-non- conforming use under any zoning ordinance or any other applicable land use law, rule or regulation or (b) initiate any change in any laws, requirements of governmental authorities or obligations created by private contracts and Leases which now or hereafter may materially adversely affect the ownership, occupancy, use or operation of any Collateral Borrowing Base Property.

Zoning and Contract Changes and Compliance. Neither any the Borrower nor any Guarantor shall (a) initiate, acquiesce initiate or consent to any zoning reclassification of any of its Collateral the Borrowing Base Property or seek any variance under any existing zoning ordinance or use or permit the use of any Collateral Borrowing Base Property in any manner that could result in such use becoming a non-conforming nonconforming use under any zoning ordinance or any other applicable land use law, rule or regulation or (b) initiate any change in any laws, requirements of governmental authorities or obligations created by private contracts and Leases which now or hereafter may materially adversely affect the ownership, occupancy, use or operation of any Collateral Borrowing Base Property.

Zoning and Contract Changes and Compliance. Neither any the Borrower nor any Guarantor shall (a) initiate, acquiesce initiate or consent to any zoning reclassification of any of its Collateral Mortgaged Property or seek any variance under any existing zoning ordinance or use or permit the use of any Collateral Mortgaged Property in any manner that could result in such use becoming a non-conforming use under any zoning ordinance or any other applicable land use law, rule or regulation or (b) initiate any change in any laws, requirements of governmental authorities or obligations created by private contracts and Leases which now or hereafter may materially adversely affect the ownership, occupancy, use or operation of any Collateral Mortgaged Property.