Common use of Use of Real Property Clause in Contracts

Use of Real Property. None of the Shareholders and the Company has received notice of violation of any applicable restrictive covenant, zoning or building regulation, ordinance or other law, order, regulation, restriction or requirement relating to the operations of the Company, or any notice of default under any material lease, contract, commitment, license or permit, relating to the use and operation of the owned or leased real property listed in the Company Disclosure Schedule. None of the Shareholders and the Company has received notice that any plant, facility or other building which is owned or covered by a lease set forth in the Company Disclosure Schedule does not substantially conform in all material respects with all applicable ordinances, codes, regulations and requirements, and none of the Shareholders and the Company has received notice that any restriction, law or regulation presently in effect or condition precludes or restricts continuation of the present use of such properties.