Common use of Current Use Clause in Contracts

Current Use. The current use of the Real Property does not violate in any material respect any instrument of record or agreement affecting such Real Property. There are no violations of any covenants, conditions, restrictions, easements, agreements or orders of any Governmental Authority having jurisdiction over any of the Real Property that affect such Real Property or the use or occupancy thereof other than those (x) arising in the ordinary course of business or (y) which do not, individually or in the aggregate, constitutes a Material Adverse Effect on the Company and its Subsidiaries, taken as a whole. No damage or destruction has occurred with respect to any of the Real Property that, individually or in the aggregate, has had or resulted in, or is reasonably likely to have or result in, a Material Adverse Effect on the Company or any of its Subsidiaries. 42

Appears in 1 contract

Sources: Merger Agreement (Petco Animal Supplies Inc)

Current Use. The current use of the Real Property does not violate in any ------------ material respect any instrument of record or agreement affecting such Real Property. There are no violations of any covenants, conditions, restrictions, easements, agreements or orders of any Governmental Authority having jurisdiction over any of the Real Property that affect such Real Property or the use or occupancy thereof other than those (x) arising in the ordinary course of business or (y) which do not, individually or in the aggregate, constitutes a Material Adverse Effect on the Company and its Subsidiaries, taken as a whole. No damage or destruction has occurred with respect to any of the Real Property that, individually or in the aggregate, has had or resulted in, or is reasonably likely to have or result in, a Material Adverse Effect on the Company or any of its Subsidiaries. 42.

Appears in 1 contract

Sources: Merger Agreement (Petco Animal Supplies Inc)

Current Use. The current use of the Real Property does not violate in any material respect any instrument of record or agreement affecting such Real PropertyProperty in a manner that has had, or is reasonably likely to have or result in, a material adverse effect on the Company. There are no violations of any covenants, conditions, restrictions, easements, agreements or orders of any Governmental Authority Entity having jurisdiction over any of the Real Property that affect such Real Property or the use or occupancy thereof other than those (x) arising in the ordinary course of business a manner that has had, or (y) which do notis reasonably likely to have or result in, individually or in the aggregate, constitutes a Material Adverse Effect material adverse effect on the Company and its Subsidiaries, taken as a wholeCompany. No damage or destruction has occurred with respect to any of the Real Property that, individually or in the aggregate, that has had or resulted inhad, or is reasonably likely to have or result in, a Material Adverse Effect material adverse effect on the Company or any of its Subsidiaries. 42Company.

Appears in 1 contract

Sources: Merger Agreement (Clark Dick Productions Inc)