Common use of Land Use Regulations Clause in Contracts

Land Use Regulations. To Seller's Knowledge, there are no -------------------- condemnation, environmental, zoning or other land use regulation proceedings, either instituted, or planned to be instituted, which could detrimentally affect the use or operation of the Property of its intended purpose or the value of the Property, nor has Seller received notice of any special assessment proceedings affecting the Property.

Appears in 6 contracts

Samples: Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md), Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md), Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md)

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Land Use Regulations. To Seller's Knowledgethe best of Sellers' knowledge, there are no -------------------- condemnation, environmental, zoning zoning, land use, or other land use regulation regulatory proceedings, either institutedpending or, or to the knowledge of the Sellers, planned to be instituted, which that could detrimentally affect the use ownership, use, or occupancy of the real property presently occupied by the Company or the continued operation of the Property of its intended purpose or the value of the Property, nor has Seller received notice of any special assessment proceedings affecting the PropertyCompany's business as they are presently being conducted.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Healthcare Capital Corp)

Land Use Regulations. To Seller's Knowledge, there There are no -------------------- condemnation, environmental, zoning zoning, land use, or other land use regulation regulatory proceedings, either institutedpending or, or to the knowledge of the Shareholder, planned to be instituted, which that could detrimentally affect the use ownership, use, or occupancy of the real property presently occupied by the Company or the continued operation of the Property of its intended purpose or the value of the Property, nor has Seller received notice of any special assessment proceedings affecting the PropertyCompany's business as they are presently being conducted.

Appears in 1 contract

Samples: Merger Agreement (Healthcare Capital Corp)

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Land Use Regulations. To Seller's Knowledge, there There are no -------------------- condemnation, environmental, zoning zoning, land use, or other land use regulation regulatory proceedings, either institutedpending or, or to the knowledge of the Sellers, planned to be instituted, which that could detrimentally affect the use ownership, use, or occupancy of the real property presently occupied by the Company or the continued operation of the Property of its intended purpose or the value of the Property, nor has Seller received notice of any special assessment proceedings affecting the PropertyCompany's business as it is presently being conducted.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Healthcare Capital Corp)

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