Common use of Zoning Changes Clause in Contracts

Zoning Changes. Borrower will not (and will not permit any Subsidiary Guarantor to) initiate or consent to any zoning reclassification of any Property or seek any variance under any zoning ordinance or use or permit the use of any Property in any manner that could result in the use becoming a nonconforming use under any zoning ordinance or any other applicable land use law, rule, or regulation.

Appears in 2 contracts

Sources: Loan Modification Agreement (ExchangeRight Income Fund), Loan Agreement (ExchangeRight Income Fund)