Common use of Zoning Compliance Clause in Contracts

Zoning Compliance. Neither time-share use nor other transient use and occupancy of the Time-Share Project violates or constitutes or will violate or constitute a non-conforming use or require a variance under any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the Time-Share Project.

Appears in 4 contracts

Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Sunterra Corp), Loan and Security Agreement (Cr Resorts Capital S De R L De C V)

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Zoning Compliance. Neither timeTime-share Share use nor other transient use and occupancy of the any Time-Share Project violates or constitutes or will violate or constitute a non-conforming use or require a variance (other than variances which have been previously obtained) under any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the any Time-Share Project.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

Zoning Compliance. Neither time-share use nor other transient use and occupancy of any of the Time-Share Project violates or constitutes or will violate or constitute a non-conforming use or require a variance under any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the such Time-Share Project.

Appears in 1 contract

Samples: Loan Agreement (Raintree Resorts International Inc)

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Zoning Compliance. Neither time-share use nor other transient use and ----------------- occupancy of the any Time-Share Project violates or constitutes or will violate or constitute a non-conforming use or require a variance under any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the any Time-Share ProjectProject or Project Inventory Under Construction.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Sunterra Corp)

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