Lack of Restrictions. Except as set forth on Schedule 4.24 hereto, no -------------------- real property owned, leased or used by the Proprietorship or the Company in connection with the Business lies in an area which is, or to the knowledge of the Company or Shareholder, will be, subject to zoning, use or building code restrictions which would prohibit, and the Company and the Shareholder are not aware of any facts relating to the acts of another person or entity or its ownership, leasing, licensing or use of any real or personal property which would prevent, the continued effective ownership, leasing and use of such real property in the Business.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (American Bingo & Gaming Corp)
Lack of Restrictions. Except as set forth on Schedule 4.24 ---------------------- hereto, no -------------------- real property owned, leased or used by the Proprietorship or the Company in connection with the Business lies in an area which is, or to the knowledge of the Company or ShareholderShareholders, will be, subject to zoning, use or building code restrictions which would prohibit, and the Company and the Shareholder Shareholders are not aware of any facts relating to the acts of another person or entity or its ownership, leasing, licensing or use of any real or personal property which would prevent, the continued effective ownership, leasing and use of such real property in the Business.
Appears in 1 contract
Lack of Restrictions. Except as set forth on Schedule 4.24 hereto, no -------------------- real property owned, leased or used by the Proprietorship or the Company in connection with the Business lies in an area which is, or to the knowledge of the Company or Shareholder, will be, subject to zoning, use or building code restrictions which would prohibit, and the Company and the Shareholder are not aware of any facts relating to the acts of another person or entity or its ownership, leasing, licensing or use of any real or personal property which would prevent, the continued effective ownership, leasing and use of such real property in the Business.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Mims Michael W)