Common use of Condition of Facilities Clause in Contracts

Condition of Facilities. (i) Use of the Real Property of Parent for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no part of any Improvement encroaches on any real property not included in the Real Property of Parent, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Igames Entertainment Inc), Agreement and Plan of Merger (Digital Imaging Resources Inc.)

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Condition of Facilities. (ia) Use of the Real Property of Parent for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no part of any Improvement encroaches on any real property not included in the Real Property of Parent, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BBC Graphics of Palm Beach Inc)

Condition of Facilities. (i) Use of the Real Property of Parent for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no part of any Improvement encroaches on any real property not included in the Real Property of Parent, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Iceweb Inc)

Condition of Facilities. (ia) Use of the Real Property of Parent United for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in material compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no No part of any Improvement encroaches on any real property not included in the Real Property of ParentUnited, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Iceweb Inc)

Condition of Facilities. (ia) Use of the Real Property of Parent Promark for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in material compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no No part of any Improvement encroaches on any real property not included in the Real Property of ParentPromark, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Iceweb Inc)

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Condition of Facilities. (i) Use of the Real Property of Parent Available Money for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to applicable zoning Legal Requirements and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in compliance with all Applicable Lawsapplicable Legal Requirements, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no No part of any Improvement encroaches on any real property not included in the Real Property of ParentAvailable Money, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Stock Purchase Agreement (Igames Entertainment Inc)

Condition of Facilities. (ia) Use of the Real Property of Parent Company for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in material compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no No part of any Improvement encroaches on any real property not included in the Real Property of ParentCompany, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Visium Technologies, Inc.)

Condition of Facilities. (ia) Use of the Real Property of Parent Covenant Holdings for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to "permitted nonconforming" use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Parent, no No part of any Improvement encroaches on any real property not included in the any Real Property of ParentCovenant Holdings, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

Appears in 1 contract

Samples: Share Exchange Agreement (Covenant Group of China Inc)

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