Independent Building. The Buildings on each Mortgaged Property are fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or ways. The Buildings are located on lots which are separately assessed for purposes of real estate tax assessment and payment. The Buildings, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located except as disclosed in the Surveys.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Amerivest Properties Inc), Loan Agreement (Liberty Property Limited Partnership), Revolving Credit Loan Agreement (Koger Equity Inc)
Independent Building. The Buildings on each Mortgaged Property are Building is fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or waysways or through insured perpetual private easements approved by the Agent. The Buildings are Building is located on lots a lot which are is separately assessed for purposes of real estate tax assessment and payment. The BuildingsBuilding, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings Building are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located Property is located, except as disclosed in may be specifically shown on the SurveysSurvey for such Mortgaged Property.
Appears in 3 contracts
Samples: Master Revolving Credit Agreement (Ramco Gershenson Properties Trust), Master Revolving Credit Agreement (Ramco Gershenson Properties Trust), Master Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Independent Building. The Buildings on each Mortgaged Property are Building is fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or waysways or through insured perpetual private easements approved by the Agent. The Buildings are Building is located on lots a lot which are is separately assessed for purposes of real estate tax assessment and payment. The BuildingsBuilding, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings are Building are, except as specifically disclosed on a Survey delivered to the Agent prior to the date hereof, located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located except as disclosed in the SurveysProperty is located.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Wellsford Real Properties Inc), Term Loan Agreement (Wellsford Real Properties Inc)
Independent Building. The Buildings on each Mortgaged Property are Building is fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or waysways or through insured perpetual private easements approved by the Agent. The Buildings are Building is located on lots a lot which are is separately assessed for purposes of real estate tax assessment and payment. The BuildingsBuilding, all Building Service Equipment Personal Property and all paved or landscaped areas related to or used in connection with the Buildings Building are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located Property is located, except as disclosed in may be specifically shown on the SurveysSurvey for such Mortgaged Property.
Appears in 2 contracts
Samples: Revolving Credit Agreement (American Real Estate Investment Corp), Revolving Credit Agreement (American Real Estate Investment Corp)
Independent Building. The Buildings on each the Mortgaged Property are fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-off site utilities located in public streets or ways. The Buildings are located on lots which are separately assessed for purposes of real estate tax assessment and payment. The Buildings, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are Property is located except as disclosed in the Surveyssurveys previously delivered to Agent.
Appears in 1 contract
Samples: Revolving Credit Agreement (Amerivest Properties Inc)
Independent Building. The Buildings on each Mortgaged Property are Building is fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or waysways or through insured perpetual private easements approved by the Majority Banks. The Buildings are Building is located on lots a lot which are is separately assessed for purposes of real estate tax assessment and payment. The BuildingsBuilding, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings Building are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located Property is located, except as disclosed in may be specifically shown on the SurveysSurvey for such Mortgaged Property.
Appears in 1 contract
Samples: Master Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Independent Building. The Buildings on each Mortgaged Property are Building is fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or waysways or through insured perpetual private easements approved by the Agent. The Buildings are Building is located on lots a lot which are is separately assessed for purposes of real estate tax assessment and payment. The BuildingsBuilding, all Building Service Equipment and all paved or landscaped areas related to or used in connection with the Buildings Building are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located Collateral Property is located, except as disclosed in may be specifically shown on the SurveysSurvey for such Collateral Property.
Appears in 1 contract
Samples: Bridge Loan Agreement (Ramco Gershenson Properties Trust)
Independent Building. The Buildings on each Mortgaged Property are fully independent from any other real estate in all respects including, without limitation, in respect of structural integrity, heating, ventilating and air conditioning, plumbing, mechanical and other operating and mechanical systems, and electrical, sanitation and water systems, all of which are connected directly to off-site utilities located in public streets or ways. The Buildings are located on lots which are separately assessed for purposes of real estate tax assessment and payment. The Buildings, all Building Service Equipment building service equipment and all paved or landscaped areas related to or used in connection with the Buildings are located wholly within the perimeter lines of the lot or lots on which the Mortgaged Properties are located except as disclosed in to the SurveysAgent.
Appears in 1 contract