Common use of Condition of Building; No Asbestos Clause in Contracts

Condition of Building; No Asbestos. There are no material defects in the roof, foundation, structural elements and masonry walls of the Buildings or their heating, ventilating and air conditioning, electrical, sprinkler, plumbing or other mechanical systems or their Building Service Equipment; the Buildings are fully sprinklered; and no asbestos is located in or on the Buildings except as may be disclosed in the Environmental Reports.

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust), Revolving Credit Agreement (Lexington Corporate Properties Inc), Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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Condition of Building; No Asbestos. There are no material defects in the roof, foundation, structural elements and masonry walls of the Buildings or their heating, ventilating and air conditioning, electrical, sprinkler, plumbing or other mechanical systems or their Building Service Equipment; the Buildings are fully sprinklered; and no friable asbestos is located in or on the Buildings except as may be disclosed in the Environmental ReportsBuildings.

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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Condition of Building; No Asbestos. There are no material defects in the roof, foundation, . structural elements and masonry walls of the Buildings buildings or their heating, ventilating and air conditioning, electrical, sprinkler, plumbing or other other, mechanical systems or their Building Service Equipmentbuilding service equipment; the Buildings buildings are fully sprinkleredsprinklered as evidenced by the building inspection to be provided by the Borrower to the Bank if requested by the Bank; and no asbestos is located in or on the Buildings buildings except as may be disclosed in the Environmental Reportsenvironmental reports.

Appears in 1 contract

Samples: Revolving Credit Agreement (Arc Corporate Realty Trust Inc)

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