Cannabis Related Provisions Sample Clauses

Cannabis Related Provisions. The Loan Parties shall, and shall cause the Designated Affiliates and any other Person using the Real Property Collateral, to comply with all State Cannabis Laws and other Governmental Requirements. No Loan Party that is not a Designated Affiliate shall (i) engage in any business activity directly other than any Support Business, or (ii) engage in any business activity indirectly other than any Cannabis Business, and then only through a Designated Affiliate. No Loan Party shall permit any Designated Affiliate to operate any Cannabis Business at the Real Property Collateral without first receiving proof of compliance with applicable State Cannabis Law and other Governmental Requirements, and delivering such proof to Lender. Evidence of compliance shall include a copy of a permit issued by the city in which the Real Property Collateral is located authorizing such Designated Affiliate to operate a Cannabis Business at the Real Property Collateral, along with any other license, permit, or Material Contract required by any Governmental Authority to operate the Support Business or the Cannabis Business. No Real Property Collateral shall be leased by a Loan Party to a Person other than a Designated Affiliate without the prior written consent of Lender. No Loan Party shall provide any Support Business to a Person other than a Designated Affiliate. No Loan Party shall, nor shall it permit any Designated Affiliate to, engage in any Restricted Cannabis Activity.
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Cannabis Related Provisions 
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Related to Cannabis Related Provisions

  • FULLY BARGAINED PROVISIONS A. This Agreement represents and incorporates the complete and final understanding and settlement by the parties on all bargainable issues which were or could have been the subject of negotiations.

  • Required Provisions (a) The Bank may terminate Executive’s employment at any time, but any termination by the Board other than termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive shall have no right to receive compensation or other benefits for any period after termination for Cause.

  • Controlling Provisions In the event of any inconsistencies between the provisions of this Amendment and the provisions of any other Loan Document, the provisions of this Amendment shall govern and prevail. Except as expressly modified by this Amendment, the Loan Documents shall not be modified and shall remain in full force and effect.

  • OBLIGATIONS AND ACTIVITIES OF CONTRACTOR AS BUSINESS ASSOCIATE 1. Contractor agrees not to use or further disclose PHI County discloses to Contractor other than as permitted or required by this Business Associate Contract or as required by law.

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