Compliance with Existing Laws. The Licenses and Permits listed on Schedule 4.2(j) represent all of the licenses, permits and approvals held by the Seller (or its Manager) as relates to its ownership, operation and use of the Property or any part thereof (whether transferable or not pursuant to applicable law), each of which is valid and in full force and effect, and, to Seller’s Knowledge, no provision, condition or limitation thereof has been breached or violated.
Appears in 5 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Carey Watermark Investors Inc), Purchase and Sale Agreement (Carey Watermark Investors Inc)
Compliance with Existing Laws. The Licenses and Permits listed on Schedule 4.2(j) represent all of the licenses, permits and approvals (other than the Liquor License) held by the Seller (or its Manager) as relates to its ownership, operation and use of the Property or any part thereof (whether transferable or not pursuant to applicable law), each of which is valid and in full force and effect, and, to Seller’s Knowledge, no provision, condition or limitation thereof has been breached or violated.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Carey Watermark Investors Inc)