Zoning; Compliance With Laws. The Premises is in compliance with all applicable zoning requirements, and the use of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements. The Borrower Parties and the Premises are in compliance with all Applicable Regulations except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 12 contracts
Samples: Loan Agreement (Summit Hotel OP, LP), Loan Agreement (Summit Hotel OP, LP), Loan Agreement (Summit Hotel OP, LP)
Zoning; Compliance With Laws. The Premises is in compliance with all applicable zoning requirements, and the use of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements. The Borrower Parties and the Premises are in compliance with all Applicable Regulations except for such noncompliance noncompliance, which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 3 contracts
Samples: Loan Agreement (Eaco Corp), Loan Agreement (Kona Grill Inc), Loan Agreement (Family Steak Houses of Florida Inc)
Zoning; Compliance With Laws. The Each of the Premises is in compliance with all applicable zoning requirements, and the use of each of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements. The Borrower Parties and the Premises are in compliance with all Applicable Regulations except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 3 contracts
Samples: Loan Agreement (Friendly Ice Cream Corp), Loan Agreement (Friendly Ice Cream Corp), Loan Agreement (Friendly Ice Cream Corp)
Zoning; Compliance With Laws. The Premises is are in material compliance with all applicable zoning requirements, and the use of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements. The Borrower Lessee Parties and the Premises are in material compliance with all Applicable Regulations except (i) for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect; or (ii) as set forth in the Environmental Report.
Appears in 1 contract
Samples: Lease (Jill Intermediate LLC)
Zoning; Compliance With Laws. The Each of the Premises is in compliance with all applicable zoning requirements, and the use of each of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements. The Borrower Parties and the Premises are in compliance with all Applicable Regulations except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 1 contract
Samples: Loan Agreement (Tumbleweed Inc)
Zoning; Compliance With Laws. The Each of the Premises is in compliance with all applicable zoning requirements, requirements and the use of each of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements, except, in each instance, where such noncompliance would not have a Material Adverse Effect,. The Borrower Parties and the Premises are in compliance with all Applicable Regulations SCS Finance II, L.P. Mortgage Loan except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 1 contract
Zoning; Compliance With Laws. The Each of the Premises is in compliance with all applicable zoning requirements, and the use of each of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirementsrequirements or constitutes a permitted non-conforming use, except for such non-compliance or non-conforming use which will not have a Material Adverse Effect. The Borrower Parties Parties, the Premises and the Premises Equipment are in compliance with all Applicable Regulations except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.
Appears in 1 contract
Samples: Loan Agreement (Romacorp Inc)
Zoning; Compliance With Laws. The Each of the Premises is in compliance with all applicable zoning requirements, requirements and the use of each of the Premises as a Permitted Concept does not constitute a nonconforming use under applicable zoning requirements, except, in each instance, where such noncompliance would not have a Material Adverse Effect,. The Borrower Parties and the Premises are in compliance with all Applicable Regulations except for such noncompliance which has not had, and would not reasonably be expected to result in, a Material Adverse Effect.. SCS Finance I, L.P. Mortgage Loan
Appears in 1 contract
