Common use of Assessments and Notices Clause in Contracts

Assessments and Notices. To Seller’s knowledge, no assessments for public improvements have been made against the Property which remain unpaid in whole or in part. Neither Seller nor the Company has knowledge of any public improvements in the nature of off site improvements, or otherwise, which have been ordered to be made and/or which have not heretofore been assessed, which would result in the imposition of an assessment against the Property. No written notices from any governmental or other public authority with respect to the Property have been served on Seller or the Company, including, without limitation, notices of increases in tax assessments or notices relating to violations of zoning, building or safety or fire ordinances which remain uncorrected.