Land Use Proceedings. As of the Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Effective Date Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding. After the Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding that could reasonably be expected to result in a Material Adverse Effect. No Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Mortgaged Properties after the Effective Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Mortgaged Properties.
Land Use Proceedings. As of the Restatement Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Existing Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding. After the Restatement Effective Date, there are no pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Mortgaged Properties or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such Proceeding that could reasonably be expected to result in a Material Adverse Effect. No Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Mortgaged Properties after the Restatement Effective Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Mortgaged Properties.
Land Use Proceedings. Except as set forth on Schedule 5.6B, there are no material pending condemnation, zoning or other land use Proceedings or special assessment Proceedings with respect to the Real Property Assets or the use thereof, and neither Borrower nor any of its Subsidiaries has received written notice from any Government Authority threatening any such proceeding. Except as set forth on Schedule 5.6B, no Loan Party has entered into any agreements or commitments with any Government Authority that will be binding on the Real Property Assets after the Effective Date and that would (i) materially affect the operations of or the entitlements applicable to such property, (ii) require the owner of such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Real Property Assets.
Land Use Proceedings. As of the Closing Date, there are no pending condemnation, zoning or other land use proceedings or special assessment proceedings with respect to the Closing Date Mortgaged Properties or the use thereof, and Seller has not received written notice from any Governmental Authority threatening any such proceeding. After the Closing Date, there are no material pending condemnation, zoning or other land use proceedings or special assessment proceedings with respect to the Closing Date Mortgaged Properties or the use thereof, and Seller has not received written notice from any Governmental Authority threatening any such proceeding. Seller has not entered into any agreements or commitments with Governmental Authorities that will be binding on the Closing Date Mortgaged Properties after the Closing Date and which would (i) materially affect the operations of or the entitlements applicable to such properties, (ii) require the owner of any such property to make improvements to such property or make dedications or off-site improvements for the benefit of adjoining properties, or (iii) make additional expenditures with respect to the operation of the Closing Date Mortgaged Properties.
