Common use of Certificate of Occupancy; Licenses Clause in Contracts

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, and approvals, including, certificates of completion and occupancy permits, required for the legal use, occupancy and operation of the Property have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 10 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Loan Agreement (Red Oak Capital Fund IV, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC)

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Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, including, without limitation, certificates of completion or occupancy and occupancy permits, any applicable liquor license required for the legal use, occupancy and operation of the Property for the purpose intended herein, have been obtained and are valid and in full force and effect. Borrower shall keep and maintain all licenses necessary for the operation of the Property for the purpose intended herein. The use being made of the Property is in conformity with the certificate of occupancy and any permits or licenses issued for the Property.

Appears in 9 contracts

Samples: Work Letter Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, and approvals, including, certificates of completion and occupancy permits, required for the legal use, occupancy and operation of the each Individual Property have been obtained and are in full force and effect. The use being made of the each Individual Property is in conformity with the certificate of occupancy issued for the applicable Individual Property.

Appears in 8 contracts

Samples: Loan Agreement (Gladstone Commercial Corp), Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permits, required for the legal use, occupancy and operation of the Property have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 4 contracts

Samples: Loan Agreement (TNP Strategic Retail Trust, Inc.), Loan Agreement (Global Income Trust, Inc.), Loan Agreement (TNP Strategic Retail Trust, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, and approvals, includingincluding without limitation, certificates of completion and completion, occupancy permits, and any applicable liquor license, required for the legal use, occupancy and operation of the Property by Borrower and Master Tenant have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 3 contracts

Samples: Loan Agreement (Moody National REIT II, Inc.), Loan Agreement (Moody National REIT II, Inc.), Loan Agreement (Moody National REIT II, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, including, without limitation, certificates of completion or occupancy and occupancy permits, any applicable liquor license required for the legal use, occupancy and operation of each Individual Property for the Property purpose intended herein, have been obtained and are valid and in full force and effect. Borrowers shall keep and maintain all licenses necessary for the operation of the each Individual Property for the purpose intended herein. The use being made of the each Individual Property is in conformity with the certificate of occupancy and any permits or licenses issued for the related Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

Certificate of Occupancy; Licenses. All material certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, including, including certificates of completion and occupancy permits, permits and any applicable liquor licenses required for the legal use, occupancy and operation of the Property (collectively, the "Licenses"), have been obtained and are in full force and effect. Borrower shall keep and maintain all licenses necessary for the operation of the Property. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 2 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permitspermits and any applicable liquor license, required for the legal use, occupancy and operation of the Property have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permits, permits required for the legal use, occupancy and operation of the Property (collectively, the “Licenses”), have been obtained and are in full force and effect. Borrower shall keep and maintain all Licenses necessary for the operation of the Property. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (First Capital Real Estate Trust Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses, franchises, licenses, consents, authorizations, consents and other approvals, includingincluding without limitation, certificates of completion completion, certificates of occupancy and occupancy permits, required permits and any applicable liquor license necessary for the legal use, occupancy and operation of the Property for its intended purpose(s) (collectively, the “Licenses”), have been obtained and are in full force and effecteffect except for such Licenses the failure to obtain of which would not result in a Material Adverse Effect. The use being made of the Property is in conformity in all material respects with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Chesapeake Lodging Trust)

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Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, including, without limitation, certificates of completion and occupancy permits, permits and any applicable liquor license required for the legal use, occupancy and operation of each parcel of Real Property in the Property business and operations of the Obligors have been obtained and are in full force and effect. The use being made of the Property each such property is in conformity with the certificate of occupancy issued for the Propertysuch property.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Midas Inc)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permits, hospitality licenses and liquor licenses required for the legal use, occupancy and operation of the Property have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Soho House & Co Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permits, permits required for the legal use, occupancy and operation of the Property by Borrower for residential purposes (collectively, the “Licenses”), have been obtained and are in full force and effecteffect and are not subject to revocation, suspension or forfeiture. Borrower shall keep and maintain all Licenses necessary for the operation of the Property for residential purposes. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (reAlpha Tech Corp.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, includingincluding without limitation, certificates of completion and occupancy permits, permits and any applicable liquor license required for the legal use, occupancy and operation of the Property have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Moody National REIT I, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, franchises, licenses, consents, authorizations, licenses and approvals, including, without limitation, certificates of completion and occupancy permits, permits and any applicable liquor license required for the legal use, occupancy and operation of each parcel of Real Property in the Property business and operations of the Loan Parties have been obtained and are in full force and effect. The use being made of the Property each such property is in conformity with the certificate of occupancy issued for the Propertysuch property.

Appears in 1 contract

Samples: Loan and Security Agreement (Midas Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses, franchises, licenses, consents, authorizations, consents and other approvals, includingincluding without limitation, certificates of completion completion, certificates of occupancy and occupancy permits, required permits necessary for the legal use, occupancy and operation of the Property for its intended purpose(s) (collectively, the “Licenses”), have been obtained and are in full force and effect. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (AmREIT, Inc.)

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