Adverse Interests. 4.1 None of the Properties is subject to any matter which might adversely affect the Company’s ability to continue to carry on its existing Business from any Property in the same manner as presently carried on or as contemplated to be carried on and at the same cost. 4.2 The Company and / or the Promoter have not been informed in writing by a lessor or licensor of any Property of an order, resolution or proposal for compulsory acquisition of such Property or an area which is or is (so far as the Company or the Promoter are aware) proposed to be subject to any statutory or other order. 4.3 The Company is not, nor, is it alleged to be, in breach of any covenant, restriction, condition or obligation (whether statutory or otherwise) affecting the Properties or the conduct of the existing Business at or from the Properties, nor is there any reason why such covenants, restrictions, conditions and obligations should not continue to be complied with.
Appears in 2 contracts
Sources: Investment Agreement, Investment Agreement