Use and Disposition of Property Sample Clauses

Use and Disposition of Property. 4.1. Once the façade improvements provided for herein have been completed, the Landholder shall not, without the express written consent of the City, signed by an authorized representative of the City, undertake or permit any construction, alteration, remodeling or other action which would materially affect the exterior facade improvements on the premises (including, without limitation the exterior walls, the roofs or chimneys) or which would adversely affect the structural soundness of improvements on the premises (provided, however, that the foregoing shall not prevent maintenance and repairs undertaken in the ordinary course of the Landholder’s business, with such repairs/maintenance not requiring the City’s consent hereunder.) In the event the City does consent to construction, alteration, remodeling or other action which would affect the exterior facade improvements on the premises, the Landholder agrees that such construction, alteration, remodeling or other action will conform with applicable local and state standards for construction or restoration or rehabilitation of historic property. The Landholder agrees at all times to maintain the premises in good and sound state of repair and to bear the cost of all maintenance and repair of the premises.
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Use and Disposition of Property. 4.1 Disposition of Expendable/Non-Expendable Real and Personal Property: Subrecipient agrees to follow 2 CFR § 200.311 through 200.316 with regard to all real and personal property purchased in whole or in part with the Appropriation pursuant to this Agreement. These sections of 2 CFR Part 200, Subpart D, govern the title, use, management, and disposition of real and personal property, which include but are not limited to the following.
Use and Disposition of Property. 1. Disposition of Expendable/Non-
Use and Disposition of Property 

Related to Use and Disposition of Property

  • Condition of Property Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date. An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

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