Objectionable Conditions definition

Objectionable Conditions means any condition that is disruptive to the quiet enjoyment of neighboring residential or business uses, or the harassment of patrons of other businesses or other passers-by, including, but not limited to: disturbance of the peace, intoxication, drinking in public, harassment of passers-by, gambling, prostitution, public urination, lewd conduct, gang activity, drug trafficking, extensive littering, unlawful discharges of hazardous materials, rodent harborage, parking violations, unlawful accumulation of solid waste, fouling of the air with offensive odors or contaminants, excessive dust, or excessive loud noise.
Objectionable Conditions means any single condition that is disruptive to the public safety of the community, the quiet enjoyment of neighboring uses, or results in the harassment of patrons or other persons, including, but not limited to: the negligent spread of COVID-19 or any other disease implicated in a declaration of a public health emergency, disturbance of the peace, intoxication, drinking in public, harassment of passers-by, gambling, prostitution, public urination, lewd conduct, gang activity, drug trafficking, excessive littering, unlawful discharges of hazardous materials, rodent harborage, parking violations, unlawful accumulation of solid waste, fouling of the air with offensive odors or contaminants, excessive dust, or excessive loud noise.
Objectionable Conditions for the purposes of this paragraph 7 shall mean (i) the presence of any hazardous or toxic waste, substance or material not in the ordinary course of the business being conducted on any of the Properties and in violation of any applicable environmental statute, ordinance or regulation, (ii) the improvements are structurally unsound in violation of any applicable statutes, laws, and ordinances or require material replacement or repair, (iii) any of the Properties is in violation of applicable zoning either before the Closing or will be in violation following the Closing, or (iv) any of the Leases are in material default after the expiration of applicable notice and cure periods or any tenant shall have initiated or had initiated against it any insolvency, bankruptcy, receivership or other similar proceeding.

Examples of Objectionable Conditions in a sentence

  • If such Survey discloses any matters that, in the absolute discretion of Purchaser, render the Property not suitable for purchase, and Purchaser notifies Seller that Purchaser has determined such matters to be "Objectionable Conditions" (as defined in Paragraph 4(b) below), then Seller may elect to, but shall not be obligated to, cure such Objectionable Conditions as provided in Paragraph 4(c), or Purchaser may exercise any of the remedies provided in Paragraph 4(d).

  • If such title commitment discloses any matters that, in the absolute discretion of Purchaser, render the Property not suitable for purchase, and Purchaser notifies Seller that Purchaser has determined such matters to be Objectionable Conditions, then Seller may cure such Objectionable Conditions as provided in Paragraph 4(c), or Purchaser may exercise any of the remedies provided in Paragraph 4(d).

  • Seller shall not be responsible for the cost to remedy Objectionable Conditions less than $150,000, and, solely with respect to Objectionable Conditions that arise or are discovered after the Due Diligence Completion Date, Buyer shall not be entitled to terminate this Agreement and must proceed to Closing if it is not a Major Objectionable Condition or Seller agrees to provide Buyer a credit at Closing for Seller’s Cost Regarding Major Objectionable Condition.

  • If the aggregate cost to cure the Major Objectionable Conditions is greater than $300,000, Seller shall notify Buyer within five (5) days of Buyer’s notification whether it will attempt to cure the Major Objectionable Conditions.

  • If Purchaser does not accept any one or more of the Due Diligence Conditions, then Purchaser shall deliver written notice to Seller on or before the expiration of the Due Diligence Period of any such Due Diligence Conditions determined by Purchaser to be objectionable conditions (the "Objectionable Conditions").

  • If Buyer fails to notify Seller it elects to so terminate this Agreement, Buyer shall be deemed to have waived such Major Objectionable Conditions.

  • If there are Major Objectionable Conditions for which Buyer obtains a credit at Closing in the amount of or in satisfaction of Seller’s Cost Regarding Major Objectionable Conditions, Buyer shall be responsible at its sole cost and expense for performing any work needed to cure the Major Objectionable Conditions at Buyer’s sole cost and expense.

Related to Objectionable Conditions

  • fair and reasonable conditions means appropriate conditions, including possible financial terms or royalty-free conditions, taking into account the specific circumstances of the request for access, for example the actual or potential value of the results or background to which access is requested and/or the scope, duration or other characteristics of the exploitation envisaged;

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Review Conditions means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the Noteholders or Note Owners, as applicable, have voted, pursuant to Section 2.03(d) of the Receivables Purchase Agreement, to direct an Asset Representations Review of the Subject Receivables.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.