Common use of Access and Utilities Clause in Contracts

Access and Utilities. Each of the properties of the Company has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service such property of the Company for its use as described in the Prospectus, except where the failure to have such rights or services would not singly, or in the aggregate, have a Material Adverse Effect. All public utilities necessary to the use and enjoyment of each of the properties of the Company in the manner described in the Prospectus is located either in the public right-of-way abutting such property (which are connected so as to serve such property without passing over other property) or in recorded easements serving such property, subject to such exceptions which, singly or in the aggregate, would not have a Material Adverse Effect. All roads necessary for the use of each of the properties of the Company as described in the Prospectus have been completed and dedicated to public use and accepted by all applicable governmental authorities or are subject to appropriate easements, subject to such exceptions which, singly or in the aggregate, would not have a Material Adverse Effect.

Appears in 5 contracts

Samples: Underwriting Agreement (Government Properties Income Trust), Underwriting Agreement (CommonWealth REIT), Underwriting Agreement (Government Properties Income Trust)

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Access and Utilities. Each of the properties of the Company has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service such property of the Company for its use as described in the Prospectus, except where the failure to have such rights or services would not singlynot, singly or in the aggregate, have a Material Adverse Effect. All public utilities necessary to the use and enjoyment of each of the properties of the Company in the manner described in the Prospectus is are located either in the public right-of-way abutting such property (which and are connected so as to serve such property without passing over other property) or in recorded easements serving such property, subject to such exceptions which, singly or in the aggregate, would not have a Material Adverse Effect. All roads necessary for the use of each of the properties of the Company as described in the Prospectus have been completed and dedicated to public use and accepted by all applicable governmental authorities or are subject to appropriate easements, subject to such exceptions which, singly or in the aggregate, would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Underwriting Agreement (Government Properties Income Trust), Underwriting Agreement (Government Properties Income Trust)

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