C&L Property definition
Examples of C&L Property in a sentence
Schedule 3.22 hereto sets forth a list of all material Permits necessary for (i) the lawful operation of the Business as presently conducted by Metals Supply and (ii) the lawful ownership and leasing of the C&L Property by C&L.
Neither Company nor any Seller has received any written or, to the knowledge of the Sellers, oral notice that any improvements situated in whole or in part at any MS Property or the C&L Property are not in material compliance with all applicable Environmental, Health and Safety Laws or other Laws relating to environmental matters.
Neither Company nor any Seller has received any written or, to the knowledge of the Sellers, oral notice that any improvements situated in whole or in part at the C&L Property are not in material compliance with all applicable Laws.
However, in no event shall the annual adjusted premium be less than the Annual Minimum Premium for each layer, set forth below: CMPP $ 392,738 $ 314,191 $ 98,185 Other CL Property $ 7,558 $ 6,046 $ 1,889 Total $ 400,296 $ 320,237 $ 100,074 C.
The use of the C&L Property by the Business is permitted as of right under all applicable zoning Laws and is not subject to “permitted nonconforming” use or structure classifications.
To the knowledge of Sellers, all of the buildings, structures and other improvements located at the C&L Property are in good operating condition, ordinary wear and tear excepted, and are adequate and suitable for the purposes for which they are currently being used.