Use of the Project. To the best of Borrower’s knowledge, there is no (a) plan, study or effort by any governmental authority or any non-governmental person or agency which may adversely affect the current or planned use of the Project, or (b) any intended or proposed governmental requirement (including, but not limited to, zoning changes) which may adversely affect the current or planned use of the Project. There is no moratorium or like governmental order or restriction now in effect with respect to the Project and, to the best of Borrower’s knowledge, no moratorium or similar ordinance or restriction is now contemplated.
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Samples: Multifamily Restoration Loan Funding Program Loan Agreement, Gap Financing Loan Agreement, CDBG Piggyback Program Gap Financing Loan Agreement
Use of the Project. To the best of Borrower’s knowledge, there is no (a) plan, study or effort by any governmental authority or any non-governmental person or agency which may adversely affect the current or planned use of the Project, or (b) any intended or proposed governmental requirement (including, but not limited to, zoning changes) which may adversely affect the current or planned use of the Project. There is no moratorium or like governmental order or restriction now in effect with respect to the Project and, to the best of Borrower’s knowledge, no moratorium or similar ordinance or restriction is now contemplated.
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