Compliance With Laws Encroachments Sample Clauses


Compliance with Laws - Encroachments. The Improvements shall be constructed by Borrower in strict accordance with all applicable (whether present or future) laws, ordinances, rules, regulations, requirements and orders of any governmental or regulatory authority having or claiming jurisdiction. The Improvements shall be constructed entirely on the Land and will not encroach upon any easement or right-of-way, or upon the land of others. Construction of the Improvements shall be wholly within all applicable building restriction lines and set-backs, however established, and shall be in strict accordance with all applicable use or other restrictions and the provisions of any prior agreements, declarations, covenants and all applicable zoning and subdivision ordinances and regulations.


Compliance with Laws - Encroachments. Subject to the provisions of Section 9 of the PAL Lease, the Improvements shall be constructed, maintained and operated in accordance with all applicable (whether present or future) Laws. The Improvements shall be constructed entirely on the Land, including the land described in the support leases and licenses in Schedule 14, and shall not encroach upon any easement or right-of-way in a manner which would violate such easement or right-of-way, or upon the land of others. Construction of the Improvements shall occur wholly within all applicable building restriction lines and set-backs, however established, and shall be in strict compliance with all applicable use or other restrictions and the provisions of any prior agreements, declarations, covenants, restrictions, easements and all applicable zoning and subdivision ordinances and regulations. Borrower covenants and agrees with Lender that it will at its expense use good faith efforts to comply, subject to the provisions of Section 9 of the PAL Lease, promptly with all laws, ordinances, orders, rules, statutes and regulations of any court or any Governmental Authorities or it will timely and at its own expense contest the validity of any such laws, ordinances, orders, rules, statutes and regulations by appropriate legal proceedings and post a sufficient bond or other security reasonably satisfactory to Lender in connection with such contest in order to avoid the filing of a lien against the Property or any part thereof, and upon written request (i) provide Lender with copies of all filings and correspondence related thereto, (ii) promptly furnish Lender with reports of any official searches made by Governmental Authorities and any claims of violations thereof, (iii) promptly obtain all permits required from Governmental Authorities and, within ten (10) days of receipt of such permits, send copies thereof to Lender. Notwithstanding the foregoing, if any delay in compliance with any Laws shall, in the reasonable judgment of Lender, place all or any part of the Property in imminent danger of being forfeited or lost, or if penalties, fines and/or interest shall accrue as a result thereof, Borrower, shall upon notice from Lender, use best efforts to endeavor to comply with such Law as soon as is reasonably practical. Borrower shall comply in all material respects with all Laws and all orders, writs, injunctions, decrees and demands of any court or any Governmental Authority affecting Borrower or the Project, ...

Compliance with Laws - Encroachments. The Renovation shall be performed in strict accordance with all applicable present and future laws, ordinances, rules, regulations, requirements and orders of any governmental or regulatory authority having or claiming jurisdiction.