Common use of Availability of Utilities Clause in Contracts

Availability of Utilities. (i) all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible Unencumbered Property Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property Pool through dedicated public rights of way or through perpetual private easements; and (ii) the owner has obtained all material utility installations and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered Property Pool for its intended purposes.

Appears in 8 contracts

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/)

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Availability of Utilities. (i) all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible Unencumbered Property Asset Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property Asset Pool through dedicated public rights of way or through perpetual private easements; and (ii) the owner has obtained all material utility installations and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered Property Asset Pool for its intended purposes.

Appears in 3 contracts

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/)

Availability of Utilities. (i) all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible Unencumbered Property Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property Pool through dedicated public rights of way or through perpetual private easements; and (ii) the owner has obtained all material utility installations ​ ​ and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered Property Pool for its intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/)

Availability of Utilities. (i) all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible Unencumbered Property Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property Pool through dedicated public rights of way or through perpetual private easements; and (ii) the owner has obtained all material utility installations and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered Property Pool for its intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/)

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Availability of Utilities. (i) all utility services necessary and sufficient for the use and operation of each Property property comprising the Eligible Unencumbered Property Pool Properties are presently available to the boundaries of each of the Properties properties comprising the Eligible Unencumbered Property Pool Properties through dedicated public rights of way or through perpetual private easements; and (ii) the owner has obtained all material utility installations and connections required for the operation and servicing of each of the Properties properties comprising the Eligible Unencumbered Property Pool Properties for its intended purposes.

Appears in 1 contract

Samples: Loan Agreement (Franklin Street Properties Corp /Ma/)

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