Common use of Ownership, Liens, Compliance with Laws Clause in Contracts

Ownership, Liens, Compliance with Laws. Except for Permitted Encumbrances and the liens permitted by the Bond Lease, Mortgagor owns the Mortgaged Property free from all Liens, except the Permitted Encumbrances and has good and marketable leasehold interest in the Equipment leased under the Bond Lease. To the best of Mortgagor’s knowledge, all applicable zoning, environmental, land use, subdivision, building, fire, safety and health laws, statutes, ordinances, codes, rules, regulations and requirements affecting the Mortgaged Property permit the current use and occupancy thereof and Mortgagor’s intended use and occupancy of the Mortgaged Property upon substantial completion of the Project, and Mortgagor has obtained all consents, permits and licenses required for such use and intended use. Mortgagor has examined and is familiar with all applicable covenants, conditions, restrictions and reservations, and with all applicable laws, statutes, ordinances, codes and governmental rules, regulations and requirements affecting the Mortgaged Property, and to the best of Mortgagor’s knowledge, the Mortgaged Property complies in all material respects with all of the foregoing.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Highwater Ethanol LLC)

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Ownership, Liens, Compliance with Laws. Except for Permitted Encumbrances and the liens permitted by the Bond Lease, Mortgagor owns the Mortgaged Property free from all Liens, except the Permitted Encumbrances and has good and marketable leasehold interest in fee simple title to the Equipment leased under the Bond LeaseMortgaged Property. To the best of Mortgagor’s knowledge, all applicable zoning, environmental, land use, subdivision, building, fire, safety and health laws, statutes, ordinances, codes, rules, regulations and requirements affecting the Mortgaged Property permit the current use and occupancy thereof and Mortgagor’s intended use and occupancy of the Mortgaged Property upon substantial completion of the Project, and Mortgagor has obtained all consents, permits and licenses required for such use and intended use. Mortgagor has examined and is familiar with all applicable covenants, conditions, restrictions and reservations, and with all applicable laws, statutes, ordinances, codes and governmental rules, regulations and requirements affecting the Mortgaged Property, and to the best of Mortgagor’s knowledge, the Mortgaged Property complies in all material respects with all of the foregoing.

Appears in 1 contract

Samples: Cardinal Ethanol LLC

Ownership, Liens, Compliance with Laws. Except for Permitted Encumbrances and the liens permitted by the Bond LeaseLoan Agreement, Mortgagor owns the Mortgaged Property free from all Liens, except the Permitted Encumbrances Liens and has good and marketable fee simple title to the Mortgaged Property and good and marketable leasehold interest in the Equipment leased under the Bond Lease. To the best of Mortgagor’s knowledge, all applicable zoning, environmental, land use, subdivision, building, fire, safety and health laws, statutes, ordinances, codes, rules, regulations and requirements affecting the Mortgaged Property permit the current use and occupancy thereof and Mortgagor’s intended use and occupancy of the Mortgaged Property upon substantial completion of the Project, and Mortgagor has obtained all consents, permits and licenses required for such use and intended use. Mortgagor has examined and is familiar with all applicable covenants, conditions, restrictions and reservations, and with all applicable laws, statutes, ordinances, codes and governmental rules, regulations and requirements affecting the Mortgaged Property, and to the best of Mortgagor’s knowledge, the Mortgaged Property complies in all material respects with all of the foregoing.

Appears in 1 contract

Samples: Fixture Financing Statement (Highwater Ethanol LLC)

Ownership, Liens, Compliance with Laws. Except for Permitted Encumbrances and the liens Liens permitted by the Bond LeaseLoan Agreement, Mortgagor owns the Mortgaged Property free from all Liens, except the Permitted Encumbrances and has good and marketable leasehold interest in fee simple title to the Equipment leased under the Bond LeaseMortgaged Property. To the best of Mortgagor’s knowledge, all applicable zoning, environmental, land use, subdivision, building, fire, safety and health laws, statutes, ordinances, codes, rules, regulations and requirements affecting the Mortgaged Property permit the current use and occupancy thereof and Mortgagor’s intended use and occupancy of the Mortgaged Property upon substantial completion of the Project, and Mortgagor has obtained all consents, permits and licenses required for such use and intended use. Mortgagor has examined and is familiar with all applicable covenants, conditions, restrictions and reservations, and with all applicable laws, statutes, ordinances, codes and governmental rules, regulations and requirements affecting the Mortgaged Property, and to the best of Mortgagor’s knowledge, the Mortgaged Property complies in all material respects with all of the foregoing.

Appears in 1 contract

Samples: One Earth Energy LLC

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Ownership, Liens, Compliance with Laws. Except for Permitted Encumbrances and the liens permitted by the Bond Lease, Mortgagor owns the Mortgaged Property free from all Liens, liens and Encumbrances except the Permitted Encumbrances and has good and marketable leasehold interest in the Equipment leased under the Bond LeaseEncumbrances. To the best of Mortgagor’s knowledge, except as otherwise specifically provided in the Loan Agreement, all material applicable zoning, environmental, land use, subdivision, building, fire, safety and health laws, statutes, ordinances, codes, rules, regulations and requirements affecting the Mortgaged Property permit the current use and occupancy thereof and Mortgagor’s intended use and occupancy of the Mortgaged Property upon substantial completion of the Projectthereof, and Mortgagor has obtained or is in the process of obtaining all consents, permits and licenses required for such use but in no event shall Mortgagor use the Mortgaged Property where such use requires consents, permits and/or licenses until obtaining the required consents, permits and intended uselicenses. Mortgagor has examined and is familiar with all applicable covenants, conditions, restrictions and reservations, and with all applicable laws, statutes, ordinances, codes and governmental rules, regulations and requirements affecting the Mortgaged Property, and to the best of Mortgagor’s knowledge, the Mortgaged Property complies in all material respects with all of the foregoing.

Appears in 1 contract

Samples: Security Agreement (Green Plains Renewable Energy, Inc.)

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