Common use of Access; Utilities; Tax Parcels Clause in Contracts

Access; Utilities; Tax Parcels. The Mortgaged Property: (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the use in which the Mortgaged Property is currently being utilized, and (c) constitutes one or more separate tax parcels.

Appears in 55 contracts

Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)

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Access; Utilities; Tax Parcels. The Mortgaged Property: Property (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the use in which the Mortgaged Property is currently being utilized, and (c) constitutes one or more separate tax parcels.

Appears in 51 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Multifamily Loan and Security Agreement

Access; Utilities; Tax Parcels. The Each Mortgaged Property: (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the current use in which the of such Mortgaged Property is currently being utilizedProperty, and (c) constitutes one or more separate tax parcels.

Appears in 3 contracts

Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement (Reven Housing REIT, Inc.), Loan Agreement (Front Yard Residential Corp)

Access; Utilities; Tax Parcels. The Mortgaged Property: (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the current use in which of the Mortgaged Property is currently being utilizedProperty, and (c) constitutes one or more separate tax parcels.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Access; Utilities; Tax Parcels. The Mortgaged Property: Property (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the use in which the Mortgaged Property is currently being utilized, and (c) constitutes one or more separate tax parcels.. 5.09

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)

Access; Utilities; Tax Parcels. The Except as otherwise disclosed in the Title Policy, the Mortgaged Property: Property (a) has ingress and egress via a publicly dedicated right of way or via an irrevocable easement permitting ingress and egress, (b) is served by public utilities and services generally available in the surrounding community or otherwise appropriate for the use in which the Mortgaged Property is currently being utilized, and (c) constitutes one or more separate tax parcels.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)

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