Zoning Letter Sample Clauses

Zoning Letter. Letter or other written correspondence from the City of Monticello, a municipal corporation organized under the laws of the State of Minnesota (the “City”) confirming that the Property has been zoned appropriately.
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Zoning LetterA copy of a letter from local zoning authority or some other evidence acceptable to Lender, addressed to the Lender, confirming that the Facility is zoned for its intended use.
Zoning Letter. Within 10 days after the Closing Date (or such extended period of time as approved by the Administrative Agent), the Credit Parties shall use commercially reasonable efforts to deliver to Lawyers Title Insurance Company, a zoning letter for the Chicago Real Property from the Zoning Department of the City of Chicago.
Zoning Letter. A letter dated within thirty (30) days of the date hereof addressed to Bristol and its successors and assigns from each city where each Hotel Real Property is located duly executed on behalf of such city wherein such city states the zoning designation for the Hotels together with a copy of the applicable zoning ordinance listing the uses permitted therein; provided, however, if Omaha is unable to obtain such a letter from such city, Omaha may furnish in lieu thereof a certificate of an architect or engineer reasonably acceptable to Bristol duly licensed in the state where each Hotel Real Property is located stating such facts and including a copy of such zoning ordinance listing the uses permitted therein.
Zoning Letter. 16 (iv) ARCHITECT/ENGINEER CERTIFICATE.................................17 (v)
Zoning LetterIn lieu of a zoning letter, the City Zoning Map and the Zoning Ordinance are enclosed. Item #F14. BUILDING PLANS AND SPECIFICATIONS The original building plans and specifications are enclosed. These do not contain the changes required in the field. As-built drawings will be presented at the completion of the job. Item #F15. ESTOPPELS Will deliver per Contract. EXHIBIT "G" FORM OF POST-CLOSING ESCROW AND MASTER LEASE AGREEMENT [FORM-OF POST-CLOSING ESCROW AND MASTER LEASE AGREEMENT IS ATTACHED TO THIS COVER PAGE; OR, IF NOT ATTACHED HERETO, THEN THE FORM THEREOF SHALL BE AGREED UPON IN GOOD FAITH BY AND BETWEEN SELLER AND PURCHASER IN THEIR RESPECTIVE REASONABLE DISCRETION WITHIN TEN (10) DAYS AFTER THE EFFECTIVE DATE AND, UPON SUCH AGREEMENT, THAT FORM SHALL BE DEEMED ATTACHED HERETO] Cover Page EXHIBIT "H" POST-CLOSING LEASING CRITERIA
Zoning Letter. A zoning letter from Project municipality is required. The letter must indicate all applicable zoning ordinances or restrictive covenants affecting the Project permit the use of the property for its intended purposes and there are no variances, enforcement actions, or other conditions currently outstanding that would affect the zoning as stated. The information must be in a form sufficient to permit the title insurance company to issue an ALTA form 3.0 Zoning Endorsement (unimproved property) or an ALTA form 3.1 Zoning with Parking Endorsement (improved property). EXHIBIT B—ANNOTATED CONSTRUCTION LOAN AGREEMENT What follows is an annotated Construction Loan Agreement that is tailored to the following transaction: • Two to-be-constructed 20-unit market rate apartment buildings. • Sources and uses of funds for the project: Construction loan $20,000,000 Subordinate loan 3,000,000 Cash equity 2,000,000 Total $25,000,000 ses Land acquisition $4,000,000 “Hard” costs of construction $17,000,000 “Soft” costs (except reserves for interest 2,000,000 and construction contingencies) Interest reserve 1,000,000 Contingency reserve 1,000,000 Total $25,000,000 Note: this is how the construction loan is “balanced.” • Interest rate is floating. • Loan term is 18 months. • Xxxxxx’s required loan-to-value ratio is 75% (so the required appraised value is $33,334,000). • Xxxxxx’s required loan-to-cost ratio is 80% ($20,000,000 ÷ $25,000,000). ARTICLE I – DEFINITIONS 13 Section 1.01 Defined Terms 13 Section 1.01 Defined Terms 22 ARTICLE II – COMMITMENT TO MAKE ADVANCES, DISBURSEMENT PROCEDURES AND DEPOSIT OF FUNDS AND PARTIAL RELEASE OF COLLATERAL 22 Section 2.01 The Advances 22 Section 2.02 Disbursement Procedures 23 Section 2.03 Deposit of Funds by the Borrower 24 Section 2.04 Advances Without Receipt of Draw Request 25 ARTICLE IIICONDITIONS OF ADVANCES 25 Section 3.01 Condition Precedent to Initial Advance 25 Section 3.02 Further Conditions Precedent to All Advances 29 Section 3.03 Conditions Precedent to the Final Advance 30 Section 3.05 No Waiver 31 ARTICLE IVREPRESENTATIONS AND WARRANTIES 31 Section 4.01 Representations and Warranties 31 ARTICLE V – ADDITIONAL COVENANTS OF THE BORROWER 33 Section 5.01 Affirmative Covenants 33 Section 5.02 Negative Covenants 35 ARTICLE VI – EVENTS OF DEFAULT AND RIGHTS AND REMEDIES 36 Section 6.01 Events of Default 36 Section 6.02 Rights and Remedies 39 ARTICLE VII – MISCELLANEOUS 40 Section 7.01 Inspections 41 Section 7.02 Indemnific...
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Zoning Letter. On or before February 15, 2005, the Borrower shall deliver to the Lender a zoning letter in form and substance satisfactory to the Lender from the city of Bethlehem, Pennsylvania.
Zoning LetterCopies of guarantees and warranties covering premises (capital and tenant improvements, roofs, termites, etc.).

Related to Zoning Letter

  • Environmental Releases Each Party shall notify the other Parties, first orally and then in writing, of the release of any hazardous substances, any asbestos or lead abatement activities, or any type of remediation activities related to the Small Generating Facility or the Interconnection Facilities, each of which may reasonably be expected to affect the other Parties. The notifying Party shall: (1) provide the notice as soon as practicable, provided such Party makes a good faith effort to provide the notice no later than 24 hours after such Party becomes aware of the occurrence, and (2) promptly furnish to the other Parties copies of any publicly available reports filed with any governmental authorities addressing such events.

  • Environmental Release The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.

  • Amendment of Lease This lease may be amended only by an instrument in writing signed by Landlord and Tenant.

  • Existing Lease Except to the extent specifically amended hereby, all terms and conditions of the Lease remain in full force and effect. [Signatures begin on next page.]

  • Ground Lease (a) Ground Lessee and Borrower have executed this Instrument mortgaging their separate estates in the Property for the purpose of granting to the Lender such lien as would cause the fee simple title to the Property to be sold free and clear of the Ground Lease at foreclosure sale. Ground Lessee and Borrower hereby jointly and severally waive any right, arising at law or in equity, whether presently existing or subsequently accruing, whether to Ground Lessee, Borrower, or anyone holding or claiming under or through them, to have their separate estates sold separately upon foreclosure, whether under principles of marshalling or otherwise. (b) Except as specified in Section 11.02, in any action commenced to enforce the Obligations created or arising under this Instrument, any resulting judgment or decree shall be enforceable against Ground Lessee only to the extent of Ground Lessee’s interest in the Property or other property subject to any security interest securing the Note. Subject to Section 11.01, (i) any execution on such judgment or decree, with respect to the assets of Ground Lessee, shall be limited to the Property or other property subject to any security interest securing the Note, and (ii) Ground Lessee shall not be personally liable for the payment of the indebtedness or other Obligations secured by this Instrument, nor shall execution on any judgment or decree resulting from any action to enforce the Obligations be or be caused to be a lien on any other asset of Ground Lessee other than the Property or other property subject to any security interest securing the Note. (c) Ground Lessee and Borrower each agree that neither this Instrument nor any obligation of Ground Lessee and Borrower hereunder will be released, impaired or subordinated by any amendment to this Instrument or any other document or extension of time or waiver of right or remedy as to Ground Lessee, Borrower, or any other party, or any other act or thing which, but for this provision, would so release, impair, or subordinate. (d) Ground Lessee and Ground Lessee’s interest in the Ground Lease and the Property shall be subject to all of the provisions of Section 5.01. (e) Under no circumstances shall Lender or any of its successors or assigns have any obligation or liability of any kind or nature based upon or arising under the Ground Lease, regardless of whether such obligation or liability (i) is an obligation or liability of either ground lessee or ground lessor under the Ground Lease, or (ii) arises either before or after Lender acquired title to the Property. (f) Ground Lessee and Borrower each hereby acknowledge and agree that all of the Ground Lessee’s rights and remedies under the Ground Lease, including without limitation any rights of first refusal or any purchase rights, are subject to and subordinate to this Instrument.

  • Environmental Report Prior to the Closing, the Company shall (i) provide to Purchaser a letter from the Nebraska Department of Environmental Quality ("DEQ") stating that no further investigation or remediation will be required by DEQ related to the two fuel oil underground storage tanks formerly located at KOLN-TV, Lincoln, Nebraska and noted in Section 4.7 of the Environmental Report related to KOLN-TV (the "Former USTs"), or (ii) cause, at its sole cost and expense, Xxxxxxxxxx Xxxxxx or such other environmental consultant as shall be reasonably acceptable to Purchaser (the "Environmental Consultant") to perform an investigation, consistent with applicable state regulations (the "Investigation"), of the area surrounding the Former USTs to determine if contamination from the Former USTs is present. In the event actionable levels of contamination related to the Former USTs are detected by such Investigation, the Stockholders may, at their sole discretion, elect to cause the Company to remediate the identified contamination in compliance with applicable state regulations (the "Remedial Action"). In the event the Stockholders do not make such election or the Remedial Action is not completed on or prior to the Closing Date, then the Purchase Price shall be reduced by the amount determined by the Environmental Consultant to be reasonably necessary to complete the Remedial Action. The Company shall keep the Purchaser reasonably apprised of the status of any Investigation or Remedial Action by providing the Purchaser with Material documents and information relating to the performance of the Investigation and Remedial Action. Prior to the Closing, the Company shall further cause Xxxxxxxxxx Xxxxxx or the Environmental Consultant to visually observe the towers located in Beaver Crossing and Heartwell, Nebraska and provide a letter report summarizing such observations to Purchaser and the Company. The Environmental Consultant's costs to conduct such visual observations shall be paid equally by the Stockholders and Purchaser. Such letter report shall state that no condition exists with respect to the assets currently owned, leased, operated, or controlled by the Company or any of the Subsidiaries that has resulted in, or would reasonably be expected to result in, any violation of an Environmental Law, any Environmental Claim, or in any Liability relating to an Environmental Matter. Such report shall include an estimate of the total cost of remedying any such condition reported therein. In the event such letter report indicates that such a condition exists, the Stockholders shall remedy such condition to Purchaser's reasonable satisfaction within ninety (90) days after the date of the Stockholders' receipt of the final draft of the letter report. If such condition cannot be remedied to Purchaser's reasonable satisfaction within ninety (90) days, the Purchase Price shall be reduced by the amount determined by Xxxxxxxxxx Xxxxxx or the Environmental Consultant to be reasonably necessary to remedy such condition.

  • TERMS OF LEASE This lease shall be for a term of two (2) school semesters beginning on the 20th day of August 2021 and terminating without notice at 5:00 PM on the 20th day of May 2022. LESSEES shall move-in on a pre-scheduled date as indicated hereafter, and shall move-out at the end of the lease term after a move-out inspection has been completed by LESSOR.

  • Indemnity Agreement The Indemnity Agreement Regarding Hazardous Materials made by the Borrower and Guarantors, in favor of the Agent and the Lenders, as the same may be modified, amended or ratified, pursuant to which each of the Borrower and the Guarantors agrees to indemnify the Agent and the Lenders with respect to Hazardous Substances and Environmental Laws.

  • Reciprocal Easement Agreements (a) To Borrower’s knowledge, neither Borrower, nor Mortgage Borrower nor any other party is currently in default (nor has any notice been given or received with respect to an alleged or current default) under any of the terms and conditions of the REA, and the REA remains unmodified and in full force and effect; (b) To Borrower’s knowledge, all easements granted pursuant to the REA which were to have survived the site preparation and completion of construction (to the extent that the same has been completed), remain in full force and effect and have not been released, terminated, extinguished or discharged by agreement or otherwise; (c) To Borrower’s knowledge, all sums due and owing by Mortgage Borrower to the other parties to the REA (or by the other parties to the REA to Mortgage Borrower) pursuant to the terms of the REA, including without limitation, all sums, charges, fees, assessments, costs, and expenses in connection with any taxes, site preparation and construction, non-shareholder contributions, and common area and other property management activities have been paid, are current, and no lien has attached on any Individual Property (or threat thereof been made) for failure to pay any of the foregoing; and (d) To Borrower’s knowledge, the terms, conditions, covenants, uses and restrictions contained in the REA do not conflict in any manner with any terms, conditions, covenants, uses and restrictions contained in any Major Lease or in any agreement between Mortgage Borrower and occupant of any peripheral parcel, including without limitation, conditions and restrictions with respect to kiosk placement, tenant restrictions (type, location or exclusivity), sale of certain goods or services, and/or other use restrictions.

  • Complete Agreement; Construction This Agreement, including the Schedules hereto, shall constitute the entire agreement between the Parties with respect to the subject matter hereof and shall supersede all previous negotiations, commitments and writings with respect to such subject matter. In the event of any inconsistency between this Agreement and any Schedule, the Schedule shall prevail. The rights and remedies of the Parties herein provided shall be cumulative and in addition to any other or further remedies provided by law or equity.

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