Common use of Changes in Applicable Laws Clause in Contracts

Changes in Applicable Laws. Neither STH nor any STH Subsidiary has any information or knowledge of any change contemplated in any of the Applicable Laws or any judicial or administrative action, or any action by adjacent landowners, or any fact or condition relating to any of the Hotels which is reasonably likely to materially adversely affect, prevent or limit the use of any of the Hotels as hotels of the size and nature currently being operated.

Appears in 2 contracts

Sources: Merger Agreement (Supertel Hospitality Inc), Merger Agreement (PMC Commercial Trust /Tx)