Common use of Adequate Utilities Clause in Contracts

Adequate Utilities. The Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 9 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (CNL Hotels & Resorts, Inc.)

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Adequate Utilities. The Each Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the each Property by public utilities, and the each Property has accepted or is equipped to accept such utility services.

Appears in 5 contracts

Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.), Loan Agreement (American Realty Capital Healthcare Trust Inc)

Adequate Utilities. The To the best of Borrower's knowledge, the Property is adequately adequate!y served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)

Adequate Utilities. The Property is adequately served by all utilities required for the current or contemplated use thereof. All To the knowledge of Borrower, all water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 16 Global Inc)

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Adequate Utilities. The To the best of such Borrower’s knowledge, the Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Adequate Utilities. The To the best of Borrower's knowledge, the Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)

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