THE PARTIES AGREE AS FOLLOWS. 1. The Permit is revocable, terminable, and not transferable in accordance with its terms and federal regulations. The Permit is not real property, does not convey any interest in real property, and may not be used as collateral for the Loan.
Appears in 7 contracts
Samples: omb.report, Agreement (Agreement (Peak Resorts Inc), Agreement (Agreement (Peak Resorts Inc)
THE PARTIES AGREE AS FOLLOWS. 1. The Permit permit is revocable, terminable, and not transferable in accordance with its terms and federal regulations. The Permit is not real property, does not convey any interest in real property, and may not be used as collateral for the Loan.
Appears in 2 contracts
Samples: Agreement (Agreement (Peak Resorts Inc), Special Use Permit (Peak Resorts Inc)
