Common use of Availability of Roads Clause in Contracts

Availability of Roads. All roads necessary for the full utilization of the Project for its intended purposes have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.

Appears in 8 contracts

Samples: Gap Financing Loan Agreement, Gap Financing Loan Agreement, Gap Financing Loan Agreement

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Availability of Roads. All roads necessary for the full utilization of the Project intended Improvements for its their intended purposes have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.

Appears in 1 contract

Samples: Multi Family Housing Developer Agreement

Availability of Roads. All roads necessary for the full utilization of the Project for its intended purposes Projects have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.authorities;

Appears in 1 contract

Samples: Loan Agreement (Asset Investors Corp)

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Availability of Roads. All roads necessary for the full utilization of the Project Improvements for its their intended purposes have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.

Appears in 1 contract

Samples: Construction Line of Credit Loan Agreement (Newmark Homes Corp)

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