Real Property Covenants Sample Clauses

Real Property Covenants. With respect to the Real Property: (a) Borrower shall, at its expense, at any time or times as Lender may request on or after an Event of Default has occurred and is continuing, deliver or cause to be delivered to Lender written reports or appraisals as to the Real Property in form, scope and methodology acceptable to Lender and by an appraiser acceptable to Lender; (b) Borrower shall keep the Real Property in good order, repair and marketable condition (ordinary wear and tear excepted);

Real Property Covenants. If requested by Administrative Agent, Borrower shall obtain and deliver at its sole cost and expense, with respect to each Mortgaged Property, the following: (i) an environmental site assessment with respect to the presence, if any, of Hazardous Materials on the Mortgaged Property; (ii) an Appraisal of the Mortgaged Property; (iii) any seismic reports on the Mortgaged Property; (iv) evidence indicating compliance with applicable zoning requirements; (v) a property condition report; and (vi) copies of each material property agreement, together with such consents and estoppel certificates with respect to such material property agreements as Administrative Agent may reasonably require.

Real Property Covenants. With respect to the Real Property: (a) upon Agent's request on or after an Event of Default, deliver or cause to be delivered to Agent written appraisals as to the Real Property in form, scope and methodology acceptable to Agent and by an appraiser acceptable to Agent, addressed to Agent and upon which Agent is expressly permitted to rely; (b) Borrower shall use the Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in all material respects in conformity with all applicable laws; and (c) as between Agent and Lenders on the one hand, and Borrower on the other hand, Borrower assumes all responsibility and liability arising from the use of the Real Property.

Real Property Covenants. During the Interim Period, Seller, Shareholder and any entities which either controls will refrain from violating or allowing any third party to violate any Laws with respect to Seller or the Rockwell Quarry.

Real Property Covenants. During the Interim Period, each Company will refrain from: (a) performing any grading or excavation, construction, or removal of or from its real estate, or making any other material change or improvement upon or about its real estate, without the consent of Buyer, other than those required to bring the same into compliance with applicable laws, rules or regulations, or as specifically provided herein; (b) committing or allowing any third party to commit any waste or nuisance upon its real estate; and (c) violating or allowing any third party to violate any Environmental Laws with respect to its real estate. The Companies and Shareholders will not agree to any actions by the Joint Venture Companies which are described in subparagraph (a) through (c) above, which if taken by them would cause them to be in violation of said subparagraphs and the Companies and Shareholders will use their reasonable best efforts to prevent each Joint Venture Company from taking any actions or failing to take any actions which would violate said subparagraphs as if each Joint Venture Company was bound thereby in the same manner as the Companies are bound thereby.

Real Property Covenants. (a) Notwithstanding anything to the contrary in the Agreement of Purchase and Sale and Joint Escrow Instructions and subject to the representations and warranties of the Acquired Company and Rivergate herein and therein, Buyer shall not be deemed to have voluntarily and knowingly waived its right to object to any information contained in any Property Documents identified in Exhibit H of the Agreement of Purchase and Sale and Joint Escrow Instructions (which Exhibit H may be modified from time to time prior to the execution Agreement of Purchase and Sale and Joint Escrow Instructions) if within five (5) Business Days after the later of (i) the date of this Agreement or (ii) Buyer’s or Buyer’s Guarantor’s receipt of such Property Documents, Buyer shall have notified the Acquired Company in writing as to whether it objects to any information contained in any such Property Documents; provided, however Buyer has reviewed Property Documents listed as items 1, 2, 3, 4, 6, 7, 8, 9 and 15 in Exhibit H, and except as set forth in Sections 8.5(b) and (c) below, Buyer voluntarily and knowingly waives its right to object to any information disclosed in such Property Documents subject to the representations and warranties of the Acquired Company and Rivergate set forth in this Agreement and the Agreement of Purchase and Sale and Joint Escrow Instructions. Additionally, Buyer does not require any action by Rivergate or the Acquired Company with respect to the parking discrepancy identified in the Buyer’s counsel’s letter dated October 9, 2006, addressed to the Acquired Company’s counsel. (b) On or before the closing of the transactions contemplated by the Agreement of Purchase and Sale and Joint Escrow Instructions, Rivergate shall cause to be removed from the exceptions to title those exceptions listed as Items No. 6, 8, 9, 16 and 17 in that certain Preliminary Title Report dated August 22, 2006 prepared by Fidelity National Title Insurance Company (the “Preliminary Title Report”). (c) Seller shall cause the title policy to be issued pursuant to the Agreement of Purchase and Sale and Joint Escrow Instructions to include a CLTA 103.1 or 103.3 endorsements for the following easements: Exception No. 3 of the Preliminary Title Report (private underground utility easement designated as “C” on that certain ALTA/ACSM Land Title Survey dated September 29, 2006, as revised on October 16, 2006, prepared by B▇▇▇▇▇▇▇ and P▇▇▇▇▇, Inc, (the “Survey”) lying under the most southwesterl...

Real Property Covenants. During the Interim Period, Target will refrain from: (a) performing any grading or excavation, construction, or removal of or from its real estate, or making any other material change or improvement upon or about its real estate, without the consent of the Rock of Ages Group, other than those required to bring the same into compliance with applicable laws, rules or regulations, or as specifically provided herein; (b) committing or allowing any third party to commit any waste or nuisance upon its real estate; and (c) violating or allowing any third party to violate any Environmental Laws with respect to its real estate. Target will not agree to any actions by the Joint Venture Companies which are described in subparagraph (a) through (c) above, which if taken by Target would cause Target to be in violation of said subparagraphs and Target will use its reasonable best efforts to prevent each Joint Venture Company from taking any actions or failing to take any actions which would violate said subparagraphs as if each Joint Venture Company was bound thereby in the same manner as Target is bound thereby.

Real Property Covenants. During the Interim Period, the Rock of Ages Group will refrain from: (a) performing any material excavation, construction, or removal of or from any real property, in which any member of the Rock of Ages Group owns any interest (the "Rock of Ages Realty"), or making any other material change or improvement upon the Rock of Ages Realty, without the consent of Target, other than existing quarry operations in the ordinary course of business or as required to bring the same into compliance with applicable laws, rules or regulations; (b) committing or allowing any third party to commit any waste or nuisance upon the Rock of Ages Realty; and (c) violating or allowing any third party to violate any Environmental Laws with respect to the Rock of Ages Realty.

Real Property Covenants. [***] (a) Seller has made available to Purchaser boundary surveys for the Seller Real Property that includes as a non-subdivided portion thereof the Transferred Real Property, as well as for the SPM Property. Purchaser may, at its sole cost and expense, obtain boundary surveys or ALTA surveys for all or any of the Transferred Real Property, and/or any portion of the Retained Real Property or SPM Property that is subject to the Refinery Access Agreement. (b) The Parties shall work in good faith to negotiate and finalize the Refinery Property Lease and the Refinery Access Agreement, to be based upon the term sheets attached hereto as Exhibit C and Exhibit D, respectively.