Examples of Rehovot Facility in a sentence
Guarantor is the parent company of Seller, which owns and operates the Rehovot Facility, which is used for conducting the Business.
Purchaser acknowledges that neither Seller nor anyone acting on behalf of Seller has made any representation, guarantee or warranty whatsoever, either written or oral, with regard to the Acquired Assets, Rehovot Facility or the Business, except as specifically set forth in Section 5.1.
In the past five (5) years, neither Seller nor its Affiliates have received any written notifications from any Person or entity regarding material violations of the provisions of the Planning and Building Law - 1965 or any other applicable Laws related to the Rehovot Facility.
Seller’s current use of the Rehovot Facility complies with the provisions of the Rehovot Facility Leases.
Seller’s possession, quiet enjoyment, use and access of the premises which are the subject of the Rehovot Facility Leases has not been disturbed in any manner and there has been no interruption to the utilities or any other service required for the continued use of the Rehovot Facility pursuant to the permitted uses of the Rehovot Facility Leases.
The Business Permits shall have either (i) been obtained by Purchaser, effective as of the Closing; and/or (ii) Purchaser has received assurances from the relevant Government Authority, following submission of the requisite application, that pending the issuance of any new Business Permit, the Rehovot Facility can continue its operations immediately following Closing without any interruption.
Other than as specified Section 5.1(q) of the Disclosure Schedule, there are no options, agreements to sell, liens, sub-leases, agreements to lease, conditions, or restrictive covenants with respect to the Rehovot Facility other than those mentioned in the Rehovot Facility Leases.
Neither Seller, nor, to the Knowledge of Seller, the applicable landlord or sublandlord is in default under any Rehovot Facility Lease, nor has any event occurred that, with the giving of notice or passage of time, would become a default under any Rehovot Facility Lease.
Seller holds a valid lease right, and a “right to use” with respect to the use of certain safe areas in the area specified in Section 5.1(q) of the Disclosure Schedule, free and clear of all Liens (other than Permitted Liens), until January 31, 2027 pursuant to the terms of the Rehovot Facility Leases.
Other than as specified Section 5.1(q) of the Disclosure Schedule, Seller has no Knowledge of any existing, threatened or potential interference with the possession, quiet enjoyment, use of or access to the premises which are the subject of the Rehovot Facility Leases.