ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner Representative’s prior written consent, Borrower shall not cause to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project pursuant to: (a) the Xxxxx-Xxxx Community Facilities act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project by any such assessment district or community facilities district.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner Representative’s Lender's prior written consent, Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project Improvements pursuant to: (a) the XxxxxMxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Nor shall Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project Improvements by any such assessment district or community facilities district.
Appears in 3 contracts
Samples: Construction Loan Agreement (Equity Office Properties Trust), Construction Loan Agreement (Equity Office Properties Trust), Construction Loan Agreement (Equity Office Properties Trust)
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner RepresentativeLender’s prior written consent, no Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the any Property and Project pursuant to: (a) the Xxxxxcontractual agreements among property owners and/or other governmental or quasi-Xxxx Community Facilities act of 1982governmental agencies or political subdivisions or districts, or other entity providing such community facilities; or (b) the Municipal Improvement Act of 1913; any state, county or (c) municipal ordinance, law, regulation or statute. Nor shall any other comparable or similar statute or regulation. Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the any Property and Project by any such assessment district or community facilities district.
Appears in 1 contract
Samples: Construction Loan Agreement (DC Industrial Liquidating Trust)
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner Representative’s Lender's prior written consent, Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project Improvements pursuant to: (a) the Xxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project by any such assessment district or community facilities district.or
Appears in 1 contract
Samples: Construction Loan Agreement (Equity Office Properties Trust)
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner Representative’s prior written consent, Borrower shall not cause to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project pursuant to: (a) the Xxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Nor shall Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project by any such assessment district or community facilities district.
Appears in 1 contract
Samples: Loan Agreement
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner RepresentativeLender’s prior written consent, Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project Improvements pursuant to: (a) the Xxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Nor shall Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project by any such assessment district or community facilities district.
Appears in 1 contract
Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner RepresentativeAdministrative Agent’s prior written consent, Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project Improvements pursuant to: (a) the Xxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Nor shall Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project Improvements by any such assessment district or community facilities district.
Appears in 1 contract
Samples: Building Loan Agreement (Sunrise Senior Living Inc)
ASSESSMENTS AND COMMUNITY FACILITIES DISTRICTS. Without Bondowner RepresentativeLender’s prior written consent, Borrower shall not cause or suffer to become effective or otherwise consent to the formation of any assessment district or community facilities district which includes all or any part of the Property and Project Improvements pursuant to: (a) the XxxxxMxxxx-Xxxx Community Facilities act Act of 1982; (b) the Municipal Improvement Act of 1913; or (c) any other comparable or similar statute or regulation. Nor shall Borrower shall not cause or otherwise consent to the levying of special taxes or assessments against the Property and Project Improvements by any such assessment district or community facilities district.
Appears in 1 contract
Samples: Construction Loan Agreement (Equity Office Properties Trust)