Common use of Licenses, Permits and Approvals Clause in Contracts

Licenses, Permits and Approvals. On or before Closing Date, Lender shall have received copies of the final, unconditional certificates of occupancy issued with respect to each of the Individual Properties, together with all other applicable licenses, permits and approvals required for the Borrowers to own, use, occupy, operate and maintain the Properties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

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Licenses, Permits and Approvals. On or before Closing Date, Lender shall have received copies of the final, unconditional certificates of occupancy issued with respect to each of the Individual PropertiesProperty, together with all other applicable licenses, permits and approvals required for the Borrowers Borrower to own, use, occupy, operate and maintain the PropertiesProperty.

Appears in 2 contracts

Samples: Loan and Security Agreement (Investors Real Estate Trust), Loan and Security Agreement (HRPT Properties Trust)

Licenses, Permits and Approvals. On or before Closing Date, Lender shall have received copies of the final, unconditional certificates of occupancy issued with respect to each of the Individual Properties, together with all other applicable licenses, permits and approvals required for the Borrowers to own, use, occupy, operate and maintain the Properties.

Appears in 1 contract

Samples: Loan and Security Agreement (Education Realty Trust, Inc.)

Licenses, Permits and Approvals. On or before Closing Date, Lender shall have received copies of the final, unconditional certificates of occupancy issued with respect to each of the Individual PropertiesProperty, together with all other applicable licenses, permits and approvals required for the Borrowers Borrower to own, use, occupy, operate and maintain the Propertieseach Property.

Appears in 1 contract

Samples: Loan and Security Agreement (HRPT Properties Trust)

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Licenses, Permits and Approvals. On or before the Closing Date, Lender shall have received copies of the a final, unconditional certificates certificate of occupancy issued with respect to each of the Individual PropertiesProperty, together with all other applicable licenses, permits and approvals required for the Borrowers Borrower to own, use, occupy, operate and maintain such Properties, including all necessary licenses for food service and the Propertiesservice of alcoholic beverages.

Appears in 1 contract

Samples: Loan Agreement (Equity Inns Inc)

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