Zoning Laws, Building Codes, Etc. Each Timeshare Project, all the buildings and other improvements in which the Units are situated and all amenities have been, and Borrower hereby covenants will be, completed in material compliance with all Legal Requirements, including without limitation all applicable zoning codes, building codes, health codes, fire and safety codes, and other applicable laws, including without limitation environmental laws in a manner that Borrower's failure to so comply would not reasonably be expected to result in a Material Adverse Change. All inspections, licenses, permits required to be made or issued in respect of such buildings and amenities have been and Borrower hereby covenants will be, made or issued by the appropriate authorities. The use and occupancy of such buildings for their intended purposes is and Borrower hereby covenants will be, lawful under all applicable laws. Final certificates of occupancy or the equivalent have been, or will be, issued by the appropriate governmental authority and Borrower hereby covenants will be in effect for each Unit prior to the closing of the sale of any Timeshare Interest in such Unit. The timeshare use and occupancy of Units does not 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 a Timeshare Project.
Zoning Laws, Building Codes, Etc. Each Resort, all the buildings and other improvements in which the Unit is situated and all amenities for such Unit have been or will be completed in compliance with all applicable zoning codes, building codes, health codes, fire and safety codes except as set forth on Schedule 5.24, and other Applicable Laws, in a manner that Borrower’s failure to so comply would not be reasonably expected to result in a Material Adverse Change. All material inspections, licenses, permits required to be made or issued in respect of such buildings and amenities have been or will be made or issued by the appropriate authorities. The use and occupancy of such buildings for their intended purposes are and will be lawful under all Applicable Laws. Final certificates of occupancy or the applicable jurisdictional equivalent have been or will be issued and are or will be in effect for each Unit. To Borrower’s knowledge, the timeshare use and occupancy of any Unit do not and will not violate or constitute a non-conforming use under any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the applicable Resort.
Zoning Laws, Building Codes, Etc. Except during periods of construction or repair, final certificates of occupancy or the equivalent have been or will be issued by the appropriate governmental authority and Borrower hereby covenants will be in effect for each Unit prior to the completion of the closing of the sale of any Timeshare Inventory in such Unit. The timeshare use and occupancy of Units does not, and Borrower hereby covenants will not, 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 Timeshare Project.
Zoning Laws, Building Codes, Etc. The Property has been, and Borrower hereby covenants that all future improvements to the Property (including, without limitation, the Post-Closing Improvements) will be, completed in material compliance with all Legal Requirements, including without limitation all applicable zoning codes, building codes, health codes, fire and safety codes, and other applicable laws, including without limitation environmental laws in a manner that Borrower's failure to so comply would not reasonably be expected to result in a Material Adverse Change. All inspections, licenses, permits required to be made or issued in respect of such buildings and amenities have been and Borrower hereby covenants will be, made or issued by the appropriate authorities. The use and occupancy of such buildings for their intended purposes is and Borrower hereby covenants will be, lawful under all applicable laws. Final certificates of occupancy or the equivalent for the existing improvements to the Property have been issued by the appropriate governmental authority.
Zoning Laws, Building Codes, Etc. The Mortgaged Property, all the buildings and other improvements in which the Units are situated and all Amenities will when constructed be completed in all material respects in compliance with all applicable zoning codes, building codes, health codes, fire and safety codes, and other Legal Requirements. All material inspections, licenses and permits required to be made or issued in respect of such buildings and Amenities will be made or issued by the applicable Governmental Agency as are required to approve such development at the time same is developed. The use and occupancy of such buildings for their intended purposes is and will be lawful under all Legal Requirements. On or before the date of closing under the Acquisition Documents or the Applicable Completion Date, as applicable, final certificates of occupancy or equivalent certificates from engineers, architects or such other certificates as a local Governmental Agency may require, and if a local Governmental Agency requires, will be issued and in effect for all Units in the Applicable Phase or Applicable Resort. The timeshare use and occupancy of Units does not and will not violate any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the Mortgaged Property.
Zoning Laws, Building Codes, Etc. The Mortgaged Property, all the buildings and other improvements in which the Units are situated and all Amenities will when constructed be completed in all material respects in compliance with all applicable zoning codes, building codes, health codes, fire and safety codes, and other Legal Requirements. All inspections, licenses and permits required to be made or issued in respect of such buildings and Amenities will be made or issued by the appropriate authorities as are required to approve such development at the time same is developed. The use and occupancy of such buildings for their intended purposes is and will be lawful under all applicable laws and regulations. On or before the Phase 2 Completion Date, final certificates of occupancy will be issued and in effect for all Units in Phase 2. The timeshare use and occupancy of Units does not and will not violate any private covenant or restriction or any zoning, use or similar law, ordinance or regulation affecting the use or occupancy of the Mortgaged Property.
Zoning Laws, Building Codes, Etc. You should determine whether the use (or proposed use) of the property meets applicable zoning codes and that the improvements on the property comply with applicable building codes. An architect or other design professional can help you with that analysis. These are only examples of some of the laws that may affect your transaction. We will use our best skills as real estate brokers to assist you. We recommend that you consult with other competent advisors as well to help you analyze the condition of the property, the value of the property, and the impact of laws on the property and your transaction in selling, buying, or leasing property. 000 XX Xxxxxxxx Street, Suite 200, Portland, Oregon 97204, (000) 000-0000 000 Xxxx Xxxxxxxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxxxx 00000, (360) 699-7181 000-000xx Xxxxxx XX, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000, (000) 000-0000
