Common use of Certificate of Occupancy; Licenses Clause in Contracts

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property as an office building (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 as an office building. 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 (Thomas Properties Group Inc), Loan Agreement (Cousins Properties Inc), Loan Agreement (City Office REIT, Inc.)

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Certificate of Occupancy; Licenses. All To Borrower’s knowledge, all certifications, permits, licenses and approvals, including without limitation, certificates of completion and use and occupancy permits required for the legal use, occupancy and operation of the Property as an office building (collectively, the “Licenses”), have been obtained and are in full force and effect. Borrower shall keep and maintain in full force and effect all Licenses necessary for the operation of the Property as an office building. 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 (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits permits, required for the legal use, occupancy and operation of the Property Project as an office building (with multi-floor retail uses) (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 as an office buildingin full force and effect. The use being made of the Property Project is in conformity with the any applicable certificate of occupancy issued for the PropertyProject.

Appears in 2 contracts

Samples: Loan Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust)

Certificate of Occupancy; Licenses. All material certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits permits, required for the legal use, occupancy and operation of the Property Project as an office a residential building (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 as an office buildingin full force and effect. The use being made of the Property Project is in conformity with the any applicable certificate of occupancy issued for the PropertyProject.

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including including, without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property and each portion thereof for its intended uses and otherwise as an office building (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 as an office building. The use being made of the Property and each portion thereof is in conformity with the certificate of occupancy issued for the PropertyProperty and any portion thereof.

Appears in 1 contract

Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property as an office building buildings (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 as an office buildingbuildings. 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 (Maguire Properties Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property Properties as an office building buildings (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 each Individual Property as an office building. The use being made of the each Individual Property is in conformity with the certificate of occupancy issued for the such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits permits, required for the legal use, occupancy and operation of the Property Project as an office building (with ground floor retail uses) (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 as an office buildingin full force and effect. The use being made of the Property Project is in conformity with the any applicable certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Metropolis Realty Trust Inc)

Certificate of Occupancy; Licenses. All certifications, liquor licenses, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required of Borrower or Manager for the legal use, occupancy and operation of the Property as an office building a as a first-class, full service hotel and conference center, and other appurtenant and related uses (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 as an office building. 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 and Security Agreement (Ashford Hospitality Trust Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property as an a office building (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 as an a office building. 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 (Medical Billing Assistance, Inc.)

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Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including including, without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the each Individual Property as an office building (collectively, the "Licenses"), have been obtained and are in full force and effect. Borrower shall keep and maintain all Licenses licenses necessary for the operation of the each Individual Property as an office building. The use being made of the each Individual Property is in conformity with the certificate of occupancy issued for the such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required of Borrower for the legal use, occupancy and operation of the Property as an office building and research and development facilities including data center applications (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 as an office buildingand research and development facilities including data center applications. 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 and Security Agreement (Digital Realty Trust, Inc.)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the each Individual Property as an office building (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 each Individual Property as an office building. The use being made of the each Individual Property is in conformity with the certificate of occupancy issued for the such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Sabre Corp)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property by Borrower as an office building (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 as an office building. The use being made of the Property is in conformity with the certificate certificates of occupancy issued for the Property.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the each Property as an office building buildings (collectively, the "Licenses"), have been obtained and are in full force and effect. Borrower Borrowers shall keep and maintain all Licenses necessary for the operation of the each Property as an office buildingbuildings. The use being made of the each Property is in conformity with the certificate existing certificates of occupancy issued for the such Property.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required of Seller for the legal use, occupancy and operation of the Property as an office building a full service bank operations center facility (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 as an office building. The use being made of the Property is in conformity with the certificate of occupancy issued for the Property.

Appears in 1 contract

Samples: Agreement for the Purchase and Sale of Real Estate (First Chester County Corp)

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