Compliance Evidence definition
Compliance Evidence means evidence that the applicable Collateral Property is (i) in compliance with applicable zoning laws and regulations (acceptable evidence being (x) a zoning endorsement for the appropriate use included in the Title Policy, or (y) a letter from the applicable zoning authority in form and substance reasonably satisfactory to Lender, or (z) an opinion of Borrower's zoning counsel in form and substance reasonably satisfactory to Lender in its sole discretion), (ii) in compliance with applicable building codes (acceptable evidence being a certificate of
Examples of Compliance Evidence in a sentence
The Assignment Start Date is subject to delay if the Compliance Evidence is not submitted within a reasonable time (generally agreed as within 7 days of request).
In Compliance Evidence: There have been no breaches of protected information or access to inappropriate sites on District computers.