Common use of Zoning and Use Clause in Contracts

Zoning and Use. Borrower shall furnish to Lender satisfactory written evidence that the Real Property is presently zoned for its intended use and that the Real Property is in full compliance with all municipal ordinances, codes, rules or regulations. The Borrower’s confirmation of zoning shall include, without limitation, a title insurance Zoning Endorsement (ALTA 3.1-06) in form, scope and substance acceptable to Lender.

Appears in 2 contracts

Sources: Loan Agreement (Paycom Software, Inc.), Loan Agreement (Paycom Software, Inc.)

Zoning and Use. Borrower shall furnish to Lender satisfactory written evidence that the Real Property is presently zoned for its intended use and that the Real Property is in full compliance with all municipal ordinances, codes, rules or regulationsregula­ tions. The Borrower’s 's confirmation of zoning shall include, without limitation, a title insurance Zoning Endorsement (ALTA 3.1-06) in form, scope and substance acceptable to Lender.

Appears in 1 contract

Sources: Loan Agreement (Paycom Software, Inc.)