Zoning Laws. All permits and approvals granted to the Applicable Underlying Borrower shall continue to be legally valid and shall remain in full force and effect for so long as the Applicable Underlying Loan is outstanding.
Appears in 2 contracts
Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)
Zoning Laws. All permits and approvals granted to the Applicable Underlying Borrower shall continue to be legally valid and shall remain in full force and effect for so long as the Applicable Underlying Loan is outstanding.
Appears in 1 contract
Zoning Laws. All such permits and approvals granted to the Applicable Underlying Borrower shall continue to be legally valid and shall remain in full force and effect for so long as the Applicable Underlying Loan is any Obligations remain outstanding.
Appears in 1 contract