Common use of Present Compliance Clause in Contracts

Present Compliance. All real estate and tangible personal property constituting or intended to constitute Collateral for the Loan (to the extent of its present construction or existence) complies in all material respects with all Legal Requirements including, without limitation, Environmental Legal Requirements, and the provisions of all Licenses and Permits, except where non-compliance would not be reasonably expected to have a Material Adverse Change on Borrower.

Present Compliance. All real estate and tangible personal property constituting or intended to constitute Collateral for the Loan (to the extent of its present construction or existence) complies in all material respects with all Legal Requirements including, without limitation, Environmental Legal Requirements, and the provisions of all Licenses and Permits, except where non-compliance would not be reasonably expected to have a Material Adverse Change on Borrower.

Present Compliance. All real estate and tangible personal property constituting or intended to constitute Collateral for the Loan (to the extent of its present construction or existence) materially complies in with all material respects with all Legal Requirements including, without limitation, Environmental Legal Requirements, and the provisions of all Licenses and Permits, except where non-compliance would not be reasonably expected to have a Material Adverse Change on Borrower.

Present Compliance. All real estate and tangible personal property constituting or intended to constitute Collateral for the Loan (to the extent of its present construction or existence) complies in all material respects with all Legal Requirements including, without limitation, Environmental Legal Requirements, applicable Laws and the provisions of all applicable Licenses and Permits, except where non-compliance would not be reasonably expected to have a Material Adverse Change on Borrower.