Violations of Requirements Sample Clauses

Violations of Requirements. The Borrower has no knowledge of any violations or notices of violations of any statute, law, ordinance, order, rule or regulation relating in any way to the Property, or of any other requirement described in Section 6.6.
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Violations of Requirements. That Company has no knowledge of any violations or notices of violations of any Requirements.
Violations of Requirements. Subject to the approved Budget (subject to Permitted Variances) and to Manager’s rights in the event of an emergency as set forth in Section 2.3.7, Manager shall promptly use commercially reasonable efforts to remedy any Violation that comes to its attention. As and when directed by the Company, and at the expense of the Company, Manager shall institute, in the name of the Company or Owner and using counsel approved by the Company, appropriate actions or proceedings to contest any Requirement to which such Violation relates. Expenses incurred in remedying or contesting Violations may be paid by Manager out of the Operating Account without the Company’s approval provided such expenses do not exceed $5,000 in any one instance.
Violations of Requirements. That Borrower has no knowledge of any violations or notices of violations of any Requirements.
Violations of Requirements. To the best knowledge of Borrower, it is not in violation of any Requirement concerning the Land and Improvements or otherwise.
Violations of Requirements. That Borrower has no knowledge of any violations or notices of violations of any Requirements which will materially affect Borrower's ability to repay the Note of use and update the Improvements.
Violations of Requirements. Borrower is not in default with or in violation of any Requirement, and shall during the terms of this Agreement comply promptly with each and every Requirement and shall furnish Lender, on demand, independent evidence of such compliance.
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Violations of Requirements. Borrower has no knowledge of any violations or notices of violations of any Requirement relating to the Property.

Related to Violations of Requirements

  • Compliance with Other Laws Secured Party may comply with any applicable state or federal law requirements in connection with a disposition of the Collateral and compliance will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral.

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