Defects; Violations; Condemnation Proceedings. With respect to the Property, neither Liberty nor, to Liberty’s knowledge, any Entity has received any written notice from any insurance company, governmental agency or any other Person of (i) any condition, defect, or inadequacy affecting the Property that, if not corrected, would result in termination of insurance coverage or materially increase its cost, (ii) any pending or threatened condemnation proceedings, or (iii) any proceedings that could or would reasonably be likely to cause the change or other material modification of the zoning classification or other legal requirements, applicable to the Property or any part thereof which would materially and adversely affect the Property. To Liberty’s knowledge, there does not exist any court order, nor does there exist any restriction or restrictive covenant (save and except matters of public record and all laws, statutes, ordinances and regulations of applicable governmental authorities) or other private or public limitation, that is reasonably likely to materially and adversely affect the use of the Property as presently being operated.
Defects; Violations; Condemnation Proceedings. TSL has not, and to the knowledge of TSL, the Partnership has not received, with respect to any Property, any notice from any insurance company agency or any other party of, nor, to the knowledge of TSL are there any facts or circumstances which give rise to, (i) any condition, defect, or inadequacy affecting such Property that, if not corrected, would result in termination of insurance coverage or increase its cost, (ii) any violation of any restrictive covenant or deed restriction affecting such Property (iii) any pending or threatened condemnation proceedings, or (iv) any proceedings that could or would cause the change, redemption, or other modification of the zoning classification or other legal requirements, applicable to such Property or any part thereof. To the knowledge of TSL, there does not exist any court order or any restriction or restrictive covenant (recorded or otherwise) or other private or public limitation which might adversely affect the use of any Property as it is presently being used except as set forth in the Owners' Policies. TSL has disclosed to LB that there are restrictive covenants that limit the use of certain Properties other than as independent living facilities.
Defects; Violations; Condemnation Proceedings. Except as set forth on Schedule 7(a), with respect to each Property, no Seller has received any written notice of (i) any pending or threatened condemnation proceedings, or (ii) any proceedings that could or would cause the change or other material modification of the zoning classification or other legal requirements, applicable to the Property or any part thereof which would materially and adversely affect the Property. There does not exist any court order nor, to any Sellers’ knowledge, does there exist any restriction or restrictive covenant (save and except matters of public record and all laws, statutes, ordinances and regulations of applicable governmental authorities) or other private or public limitation which is reasonably likely to materially and adversely affect the use of the respective Property as presently being operated.
Defects; Violations; Condemnation Proceedings. To the Knowledge of TPII, neither it nor the Partnership has received, with respect to any Facility, any notice from any insurance company agency or any other party of, nor, to the Knowledge of TPII, are there any facts or circumstances which give rise to, (a) any condition, defect, or inadequacy affecting such Facility that, if not corrected, would result in termination of insurance coverage or increase its cost, (b) any violation of any restrictive covenant or deed restriction affecting such Facility, (c) any pending or threatened condemnation proceedings, or (d) any proceedings that could or would cause the change, redemption, or other modification of the zoning classification or other legal requirements, applicable to such Facility or any part thereof. To the Knowledge of TPII, there does not exist any court order or any restriction or restrictive covenant (recorded or otherwise) or other private or public limitation which might adversely affect the use of any Facility as it is presently being used except as set forth in the Owner's Title Policies (as hereinafter defined).
Defects; Violations; Condemnation Proceedings. With respect to the Property, Developer has not received any written notice from any insurance company, governmental agency or any other person of, nor, to the knowledge of Developer, are there any facts or circumstances which are reasonably likely to give rise to, (i) any condition, defect, or inadequacy affecting the Property that, if not corrected, would result in termination of insurance coverage or materially increase its cost, (ii) any pending or threatened condemnation proceedings, or (iii) any proceedings that could or would cause the change, redemption, or other material modification of the zoning classification or other legal requirements, applicable to the Property or any part thereof which would materially and adversely affect the Property. There does not exist any court order nor does there exist any restriction or restrictive covenant (recorded or otherwise, save and except the Permitted Exceptions) or other private or public limitation which is reasonably likely to adversely affect the use of the Property as presently being operated.
