Common use of Commercial Property Clause in Contracts

Commercial Property. Borrower represents that this Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.

Appears in 9 contracts

Samples: Mortgage and Security Agreement (Morgans Hotel Group Co.), Security Agreement (Reading International Inc), Restatement Agreement (KBS Real Estate Investment Trust, Inc.)

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Commercial Property. Borrower represents and warrants that this Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six (6) residential dwelling units, each units having its their own separate cooking facilities.

Appears in 2 contracts

Samples: And Security Agreement (KBS Strategic Opportunity REIT, Inc.), And Security Agreement (KBS Strategic Opportunity REIT, Inc.)

Commercial Property. Borrower represents that this Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.

Appears in 1 contract

Samples: KBS Strategic Opportunity REIT, Inc.

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Commercial Property. Borrower represents that this --------------------- Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.

Appears in 1 contract

Samples: Agreement (Sl Green Realty Corp)

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