Common use of Field Note Description Clause in Contracts

Field Note Description. The Survey shall contain a certified metes and bounds description complying with the following: (a) the beginning point shall be established by a monument located at the beginning point, or by reference to a nearby monument; (b) the sides of the Land shall be described by giving the distances and bearings of each; (c) the distances, bearings, and angles shall be taken from an instrument survey by a registered professional engineer or registered professional land surveyor; (d) curved sides shall be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (e) the description shall be a single perimeter description of the entire Land, if and as instructed, there shall also be a separate metes and bounds description of one or more constituent tracts out of the Land; (f) the description shall include a reference to all streets, alleys, and other rights-of-way that abut the Land, and the width of all rights-of-way mentioned shall be given the first time these rights-of-way are referred to; (g) for each boundary line abutting a street, road, alley or other means of access, the description must, in calling the boundary line, state that the boundary line and the right-of-way line are the same; (h) if the Land has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data shall be made; and (i) the total acreage and square footage of the Land shall be certified.

Appears in 5 contracts

Samples: Credit Agreement (CNL Hotels & Resorts, Inc.), Financing and Security Agreement (Sunrise Assisted Living Inc), Loan and Security Agreement (Symbion Inc/Tn)

AutoNDA by SimpleDocs

Field Note Description. The Survey shall contain a certified metes and ---------------------- bounds description complying with the following: (a) the beginning point shall be established by a monument located at the beginning point, or by reference to a nearby monument; (b) the sides of the Land shall be described by giving the distances and bearings of each; (c) the distances, bearings, and angles shall be taken from an instrument survey by a registered professional engineer or registered professional land surveyor; (d) curved sides shall be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (e) the description shall be a single perimeter description of the entire Land, if and as instructed, there shall also be a separate metes and bounds description of one or more constituent tracts out of the Land; (f) the description shall include a reference to all streets, alleys, and other rights-of-way that abut the Land, and the width of all rights-of-way mentioned shall be given the first time these rights-of-way are referred to; (g) for each boundary line abutting a street, road, alley or other means of access, the description must, in calling the boundary line, state that the boundary line and the right-of-way line are the same; (h) if the Land has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data shall be made; and (i) the total acreage and square footage of the Land shall be certified.

Appears in 1 contract

Samples: Construction Loan Agreement (Regeneration Technologies Inc)

Field Note Description. The Survey shall contain a certified metes and bounds description complying with the following: (ai) the beginning point shall be established by a monument located at the beginning point, or by reference to a nearby monument; (bii) the sides of the Land shall be described by giving the distances and bearings of each; (ciii) the distances, bearings, and angles shall be taken from an instrument survey by a registered professional engineer or registered professional land surveyor; (div) curved sides shall be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (ev) the description shall be a single perimeter description of the entire Land, if . If and as instructed, there shall also be a separate metes and bounds description of one or more constituent tracts out of the Land; (fvi) the description shall include a reference to all streets, alleys, and other rights-of-way that abut the Land, and the width of all rights-of-way mentioned shall be given the first time these rights-of-way are referred to; (gvii) for each boundary line abutting a street, road, alley or other means of access, the description must, in calling the boundary line, state that the boundary line and the right-of-way line are the same; (hviii) if the Land has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data shall be made; and (iix) the total acreage and square footage of the Land shall be certified.

Appears in 1 contract

Samples: Construction Loan Administration Agreement (American Retirement Corp)

Field Note Description. The Survey shall contain a certified metes and bounds description complying with the following: (a) the beginning point shall be established by a monument located at the beginning point, or by reference to a nearby monument; (b) the sides of the Land shall be described by giving the distances and bearings of each; (c) the distances, bearings, and angles shall be taken from an instrument survey by a registered professional engineer or registered professional land surveyor; (d) curved sides shall be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (e) the description shall be a single perimeter description of the entire Land, if and as instructed, there shall also be a separate metes and bounds description of one or more constituent tracts out of the Land; (f) the description shall include a reference to all streets, alleys, and other rights-of-way that abut the Land, and the width of all rights-of-way mentioned shall be given the first time these rights-of-way are referred to; (g) for each boundary line abutting a street, road, alley or other means of access, the description must, in calling the boundary line, state that the boundary line and the right-of-way line are the same; (h) if the Land has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data shall be made; and (i1) the total acreage and square footage of the Land shall be certified.

Appears in 1 contract

Samples: Construction Loan Agreement (FelCor Lodging Trust Inc)

AutoNDA by SimpleDocs

Field Note Description. The Survey shall contain a certified metes and bounds description complying with the following: (a) the beginning point shall be established by a monument located at the beginning point, or by reference to a nearby monument; (b) the sides of the Land Borrowing Base Property shall be described by giving the distances and bearings of each; (c) the distances, bearings, and angles shall be taken from an instrument survey by a registered professional engineer or registered professional land Borrowing Base Property surveyor; (d) curved sides shall be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (e) the description shall be a single perimeter description of the entire LandBorrowing Base Property, if and as instructed, there shall also be a separate metes and bounds description of one or more constituent tracts out of the LandBorrowing Base Property; (f) the description shall include a reference to all streets, alleys, and other rights-of-way that abut the LandBorrowing Base Property, and the width of all rights-of-way mentioned shall be given the first time these rights-of-way are referred to; (g) for each boundary line abutting a street, road, alley or other means of access, the description must, in calling the boundary line, state that the boundary line and the right-of-way line are the same; (h) if the Land Borrowing Base Property has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data shall be made; and (i) the total acreage and square footage of the Land Borrowing Base Property shall be certified.

Appears in 1 contract

Samples: Assignment and Assumption (Capital Lodging)

Time is Money Join Law Insider Premium to draft better contracts faster.