Common use of Compliance with Laws and Zoning and Other Requirements; Encroachments Clause in Contracts

Compliance with Laws and Zoning and Other Requirements; Encroachments. Borrower is in compliance with the requirements of all applicable Laws. To the best of Borrower’s knowledge, the use of the Property complies with applicable zoning ordinances, regulations and restrictive covenants affecting the Land. All use and other requirements of any Governmental Authority having jurisdiction over the Property have been satisfied. No violation of any Law exists with respect to the Property. The Improvements are constructed entirely on the Land and do not encroach upon any easement or right-of-way, or upon the land of others. The Improvements comply with all applicable building restriction lines and set-backs, however established, and are in strict compliance with all applicable use or other restrictions and the provisions of all applicable agreements, declarations and covenants and all applicable zoning and subdivision ordinances and regulations.

Appears in 3 contracts

Samples: Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)

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Compliance with Laws and Zoning and Other Requirements; Encroachments. Borrower is in compliance with the requirements of all applicable Laws. To the best of Borrower’s knowledge, the The use of the Property complies with applicable zoning ordinances, regulations and restrictive covenants affecting the Land. All use and other requirements of any Governmental Authority having jurisdiction over the Property have been satisfied. No violation of any Law exists with respect to the Property. The Improvements are constructed entirely on the Land and do not encroach upon any easement or right-of-way, or upon the land of others. The Improvements comply with all applicable building restriction lines and set-backs, however established, and are in strict compliance with all applicable use or other restrictions and the provisions of all applicable agreements, declarations and covenants and all applicable zoning and subdivision ordinances and regulations.

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (Acadia Realty Trust), Term Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

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Compliance with Laws and Zoning and Other Requirements; Encroachments. To Borrower’s knowledge, Borrower is in compliance with the requirements of all applicable Laws. To the best of Borrower’s knowledge, the The use of the Property complies with applicable zoning ordinances, regulations and restrictive covenants affecting the Land. All use and other requirements of any Governmental Authority having jurisdiction over the Property have been satisfied. No violation of any Law exists with respect to the Property. The Except as set forth on the survey delivered to Lender in connection with the closing of this Agreement, the Improvements are (or will be) constructed entirely on the Land and do not encroach upon any easement or right-of-way, or upon the land of others. The Improvements comply with all applicable building restriction lines and set-backs, however established, and are in strict compliance with all applicable use or other restrictions and the provisions of all applicable agreements, declarations and covenants and all applicable zoning and subdivision ordinances and regulations.

Appears in 1 contract

Samples: Term Loan Agreement (Inland Real Estate Income Trust, Inc.)

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