Lack of Restrictions Sample Clauses

Lack of Restrictions. Except as set forth on Schedule 4.24 hereto, no real property owned, leased or used by the Proprietorship or the Company in connection with the Business lies in an area which is, or to the knowledge of the Company or Shareholder, will be, subject to zoning, use or building code restrictions which would prohibit, and the Company and the Shareholder are not aware of any facts relating to the acts of another person or entity or its ownership, leasing, licensing or use of any real or personal property which would prevent, the continued effective ownership, leasing and use of such real property in the Business.
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Lack of Restrictions. No real property owned, leased, licensed, or used by IPC lies in the area which is, or to the knowledge of IPC will be, subject to zoning, use, or building code restriction which would prohibit, and no state of facts relating to the actions of another person or entity or its ownership, leasing, licensing, or use of any real or personal property exists or will exist which would prevent, the continued effective ownership, leasing, licensing, or use of such real property in the business in which IPC is engaged or the business in which they contemplate engaging.
Lack of Restrictions. The Vessels are, except as set forth in the CDS Contracts for the Vessels and in the CCF regulations as they affect the Vessels, unrestricted and specifically qualified to operate in the United States domestic, coastwise and foreign trades.
Lack of Restrictions. Fortune holds of record and owns beneficially the WOW Preferred Stock and the Debt, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws) encumbrances, security interests, options, warrants, purchase rights, contracts, commitments and/or equities. Fortune is not a party to any option, warrant, purchase right or other contract or commitment that could require Fortune to sell, transfer or otherwise dispose of the WOW Preferred Stock or the Debt (other than this Agreement).
Lack of Restrictions. Whitestone does not presently maintain any offices or business locations. Accordingly, no real property owned, leased, licensed, or used by Whitestone lies in the area which is, or to the knowledge of Whitestone will be, subject to zoning, use, or building code restriction which would prohibit, and no state of facts relating to the actions of another person or entity or its ownership, leasing, licensing, or use of any real or personal property exists or will exist which would prevent, the continued effective ownership, leasing, licensing, or use of such real property in the business in which Whitestone is engaged or the business in which they contemplate engaging.
Lack of Restrictions. ROLINA does not own, lease or use any real property and therefore there are no restrictions upon ROLINA with respect to the same.
Lack of Restrictions. No real property owned, leased, licensed, or used by Whitestone lies in an area which is, or to the knowledge of Whitestone, will be, subject to zoning, use, or building code restriction which would prohibit, and no state of facts relating to the actions of another person or entity or its ownership, leasing, licensing, or use of any real or personal property exists or will exist which would prevent, the continued effective ownership, leasing, licensing, or use of such real property in the business in which Whitestone is now engaged or the business in which it contemplates engaging.
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Lack of Restrictions. Fortune holds the Debt free and clear of any restrictions on transfer, encumbrances, security interests, options, warrants, purchase rights, contracts, commitments and/or equities. Fortune is not a party to any option, warrant, purchase right or other contract or commitment that could require Fortune to sell, transfer or otherwise dispose of the Debt (other than this Agreement).
Lack of Restrictions. As of the date of this Agreement and as of the date of any exchange, Fortune holds of record and owns beneficially the Notes, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws) encumbrances, security interests, options, warrants, purchase rights, contracts, commitments and/or equities. Fortune is not a party to any option, warrant, purchase right or other contract or commitment that could require Fortune to sell, transfer or otherwise dispose of the Notes (other than this Agreement).
Lack of Restrictions. No real property owned, leased, licensed, or used by Multi lies in the area which is, or to the knowledge of Multi will be, subject to zoning, use, or building code restriction which would prohibit, and no state of facts relating to the actions of another person or entity or its ownership, leasing, licensing, or use of any real or personal property exists or will exist which would prevent, the continued effective ownership, leasing, licensing, or use of such real property in the business in which Multi is engaged or the business in which they contemplate engaging.
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