Access, Etc. The streets abutting such Collateral Property are dedicated and accepted public roads, to which such Collateral Property has direct access by trucks and other motor vehicles and by foot, as appropriate, or are perpetual private ways (with direct access by trucks and other motor vehicles and by foot to public roads) to which such Collateral Property has direct access as shown on the recorded plat for the Land and other land or in other recorded documents approved by the Agent. All private ways providing access to such Collateral Property are zoned in a manner which will permit access to the Land over such ways by trucks and other commercial and industrial vehicles, as appropriate and applicable.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Access, Etc. The streets abutting such the Collateral Property are dedicated and accepted public roads, to which such the Collateral Property has direct access by trucks and other motor vehicles and by foot, as appropriate, or are perpetual private ways (with direct access by trucks and other motor vehicles and by foot to public roads) to which such the Collateral Property has direct access as shown on the recorded plat for the Land and other land or in other recorded documents approved by the AgentAgent and with respect to which the Security Deed, as applicable, creates a valid and enforceable first lien. All private ways providing access to such the Collateral Property are zoned in a manner which will permit access to the Land over such ways by trucks and other commercial and industrial vehicles, as appropriate and applicable.
Appears in 1 contract
Samples: Bridge Loan Agreement (Ramco Gershenson Properties Trust)
Access, Etc. The streets abutting such the Collateral Property are dedicated and accepted public roads, to which such the Collateral Property has direct access by trucks and other motor vehicles and by foot, as appropriate, or are perpetual private ways (with direct access by trucks and other motor vehicles and by foot to public roads) to which such the Collateral Property has direct access as shown on the recorded plat for the Land and other land or in other recorded documents approved by the Agent. All private ways providing access to such the Collateral Property are zoned in a manner which will permit access to the Land Building over such ways by trucks and other commercial and industrial vehicles, as appropriate and applicable.
Appears in 1 contract
Samples: Bridge Loan Agreement (Ramco Gershenson Properties Trust)