Compliance with Law and Permits. (a) Seller, Subsidiaries and Seller Partnerships are organized and have conducted their respective businesses in accordance with applicable Laws, neither Seller nor any Subsidiaries or Seller Partnerships has received any notice of violation of any Laws which remains uncorrected, and the respective forms, procedures and practices of Seller, Subsidiaries and Seller Partnerships are in compliance with all such Laws, to the extent applicable, the violation of which would have a material adverse effect on the respective businesses, financial condition, assets, results of operations or prospects of Seller, Subsidiaries and Seller Partnerships.
Appears in 4 contracts
Samples: Share Purchase Agreement (Usaa Real Estate Co), Share Purchase Agreement (American Industrial Properties Reit Inc), Common Share Purchase Agreement (Morgan Stanley Dean Witter Discover & Co)
Compliance with Law and Permits. (a) i. Seller, Subsidiaries and Seller Partnerships are organized and have conducted their respective businesses in accordance with applicable Laws, neither Seller nor any Subsidiaries or Seller Partnerships has received any notice of violation of any Laws which remains uncorrected, and the respective forms, procedures and practices of Seller, Subsidiaries and Seller Partnerships are in compliance with all such Laws, to the extent applicable, the violation of which would have a material adverse effect on the respective businesses, financial condition, assets, results of operations or prospects of Seller, Subsidiaries and Seller Partnerships.
Appears in 3 contracts
Samples: Common Share Purchase Agreement (American Industrial Properties Reit Inc), Common Share Purchase Agreement (American Industrial Properties Reit Inc), Common Share Purchase Agreement (American Industrial Properties Reit Inc)
Compliance with Law and Permits. (a) Seller, Subsidiaries and Seller Partnerships are organized and organized, have conducted and continue to conduct their respective businesses in accordance with applicable Laws, neither Seller nor any Subsidiaries or Seller Partnerships has received any notice of violation of any Laws which remains uncorrected, and the respective forms, procedures and practices of Seller, Subsidiaries and Seller Partnerships are in compliance with all such Laws, to the extent applicable, the violation of which would have a material adverse effect Material Adverse Effect on the respective businesses, financial condition, assets, results of operations or prospects of Seller, Subsidiaries and Seller Partnerships.
Appears in 1 contract
Samples: Common Share Purchase Agreement (American Industrial Properties Reit Inc)
