Occupancy Certificates Sample Clauses

The Occupancy Certificates clause defines the requirement for obtaining official documentation that certifies a building or premises is suitable and safe for occupation. Typically, this clause outlines the party responsible for securing the certificate, the timing for its issuance, and any conditions that must be met before occupancy is permitted, such as completion of construction or compliance with local regulations. Its core practical function is to ensure that the property meets all legal and safety standards before it is used, thereby protecting occupants and reducing liability for both parties.
Occupancy Certificates. At Closing, Seller shall deliver to Buyer true and complete copies of any certificates of occupancy, certificates of land use compliance, or equivalent instruments ("Occupancy Certificates") issued by the appropriate governmental authority, that are required to permit the present use of the real property subject to the Real Property Contracts by Seller prior to Closing and by Buyer after Closing. No proceedings to amend, cancel, or revoke any such Occupancy Certificates shall be pending or threatened as of the Closing Date. If no Occupancy Certificate is required to continue the present use of such real property after Closing, then Seller shall deliver to Buyer a written opinion of Seller's counsel, dated the Closing Date, to that effect, which opinion shall explain why no occupancy certificate is required and shall include the citation of any applicable statute or regulation.
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Occupancy Certificates. The Mortgaged Property is lawfully ---------------------- occupied under applicable law. All inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities; 20.
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Occupancy Certificates. The Sellers shall have obtained and furnished to the Buyers any and all certificate(s) of continued occupancy or similar documents required from the applicable Governmental Entity in connection with the Buyers' acquisition of the Purchased Assets and the Sellers' interest in the Leases.
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Occupancy Certificates. If any governmental authority requires that certificates of occupancy, certificates of continued occupancy, smoke detector certifications or other inspection 140131415.4 142232567.2
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Occupancy Certificates. If any governmental authority requires that certificates of occupancy, certificates of continued occupancy, smoke detector certifications or other inspection or occupancy certificates (collectively, “Occupancy Certificates”) be obtained in connection with the conveyance of the Property to Purchaser, Seller shall, at its sole cost, obtain such Occupancy Certificates and make any repairs, replacements, alterations and changes to the Property required in connection therewith prior to the Closing; provided, however, that, if the cost of any such repairs, replacements, alterations and/or changes (collectively, “Repair Costs”) are reasonably estimated by Seller to equal or exceed Twenty-Five Thousand and 00/100 Dollars ($25,000.00) in the aggregate (the “Repair Costs Cap”), Seller will have the right to terminate this Agreement upon written notice to Purchaser (such notice, “Seller’s CCO Termination Notice”), whereupon all rights and obligations of the parties hereunder will be null and void, except for those rights and obligations that expressly survive the termination of this Agreement.
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Occupancy Certificates. If not available, please provide a letter from the City stating that they are not available, and why. _____ _____ *R. Ground Lease; please advise if not applicable. _____ _____ *S. Reciprocal Use Agreement; please advise if not applicable. _____ _____ T. Operating Licenses. _____ _____ U. Termite inspection. _____ _____ V. Copy of one ▇▇▇▇ from each utility for the property. _____ _____ *W. Existing reports, if available (e.g., appraisal, market study, engineering, environmental). _____ _____ X. Plans, specifications and soil reports (recently completed properties only). _____ _____ Y. Copies of any deed or rent restrictions in place; please advise if not applicable.
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Occupancy Certificates. If not available, please provide a letter from the City stating that they are not available, and why. *R. Ground Lease; please advise if not applicable. *S. Reciprocal Use Agreement; please advise if not applicable.
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Related to Occupancy Certificates

  • Incumbency Certificates For each Credit Party, signature and incumbency certificates of the officers of each such Person executing any of the Loan Documents, certified as of the Closing Date by such Person's corporate secretary or an assistant secretary as being true, accurate, correct and complete.

  • Solvency Certificates a certificate from each of the Issuer and the Guarantor as to its solvency.

  • Incumbency Certificate An incumbency certificate of the corporate secretary of each of Seller, certifying the names, true signatures and titles of the representatives duly authorized to request transactions hereunder and to execute the Program Agreements.

  • Temporary Certificates (a) Pending the preparation of definitive Certificates, upon the order of the Depositor, the Trustee shall execute and shall authenticate and deliver temporary Certificates that are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Certificates in lieu of which they are issued and with such variations as the authorized officers executing such Certificates may determine, as evidenced by their execution of such Certificates. (b) If temporary Certificates are issued, the Depositor will cause definitive Certificates to be prepared without unreasonable delay. After the preparation of definitive Certificates, the temporary Certificates shall be exchangeable for definitive Certificates upon surrender of the temporary Certificates at the office or agency of the Trustee without charge to the Holder. Upon surrender for cancellation of any one or more temporary Certificates, the Trustee shall execute and authenticate and deliver in exchange therefor a like aggregate Certificate Principal Amount of definitive Certificates of the same Class in the authorized denominations. Until so exchanged, the temporary Certificates shall in all respects be entitled to the same benefits under this Agreement as definitive Certificates of the same Class.

  • Tax Certificates Each Foreign Lender listed on the signature pages hereof that has not done so on or before the First Restatement Date shall deliver to the Borrower (with a copy to the Administrative Agent), on or prior to the First Restatement Effective Date (in the case of each Foreign Lender listed on the signature pages hereof) or on the effective date of the Assignment and Assumption pursuant to which it becomes a Lender (in the case of each other Foreign Lender), and at such other times as may be necessary in the determination of the Borrower or the Administrative Agent (each in the reasonable exercise of its discretion), including upon the occurrence of any event requiring a change in the most recent counterpart of any form set forth below previously delivered by such Foreign Lender to the Borrower, such certificates, documents or other evidence, properly completed and duly executed by such Foreign Lender (i) two accurate and complete original signed copies of Internal Revenue Service Form W8-BEN or Form W8-ECI, or successor applicable form and (ii) an Internal Revenue Service Form W-8 or W-9 (or any other certificate or statement of exemption required by Treasury Regulations Section 1.1441 4(a) or Section 1.1441 6(c) or any successor thereto) to establish that such Foreign Lender is not subject to deduction or withholding of United States federal income tax under Section 1441 or 1442 of the Code or otherwise (or under any comparable provisions of any successor statute) with respect to any payments to such Foreign Lender of principal, interest, fees or other amounts payable under any of the Loan Documents. The Borrower shall not be required to pay any additional amount to any such Foreign Lender under Section 3.7(b)(iii) if such Foreign Lender shall have failed to satisfy the requirements of the immediately preceding sentence; provided that if such Foreign Lender shall have satisfied such requirements on the First Restatement Effective Date (in the case of each Foreign Lender listed on the signature pages hereof) or on the effective date of the Assignment and Assumption pursuant to which it becomes a Lender (in the case of each other Foreign Lender), nothing in this Section shall relieve the Borrower of its obligation to pay any additional amounts pursuant to Section 3.7(b)(iii) in the event that, as a result of any change in applicable law, such Foreign Lender is no longer properly entitled to deliver certificates, documents or other evidence at a subsequent date establishing the fact that such Foreign Lender is not subject to withholding as described in the immediately preceding sentence.