Common use of Agreements with Governmental Authorities Clause in Contracts

Agreements with Governmental Authorities. Seller has not entered into any unrecorded commitment or agreement with any Governmental Body affecting the Real Estate Owned and which could reasonably be expected to have a material adverse effect on the ownership, value or operation of the Real Estate Owned.

Appears in 3 contracts

Sources: Asset Purchase Agreement (First South Bancorp Inc /Va/), Residential Loan Purchase Agreement (Cascade Bancorp), Commercial Loan Purchase Agreement (Cascade Bancorp)

Agreements with Governmental Authorities. Seller has not entered into any unrecorded commitment or agreement with any Governmental Body governmental authority affecting the Real Estate Owned Property and which could reasonably be expected to have a material adverse effect on the ownership, value or operation of the Real Estate OwnedProperty.

Appears in 1 contract

Sources: Hotel Purchase and Sale Agreement (Boykin Lodging Co)