Common use of Matters relating to the Site Clause in Contracts

Matters relating to the Site. (A) The Ground Lease, Ground Sublease and Authority Lease, and the documents relating thereto, shall have been entered into by the parties thereto and shall be satisfactory in form and substance to the Participants; (B) Lessor and the Administrative Agent shall have received evidence satisfactory to Lessor that the Memorandum of Ground Lease, Memorandum of Ground Sublease, Memorandum of Authority Lease, Authority Deed to Secure Debt, Memorandum of Lease, Leasehold Deed to Secure Debt and the other documents related to the Ground Lease, Ground Sublease, Authority Lease and the Lease shall have been or in connection with such Advance are being recorded with the appropriate Governmental Authorities, and the UCC Financing Statements shall have been or are being filed with the appropriate Governmental Authorities; (C) Lessor and the Administrative Agent shall have received evidence satisfactory to the Participants that the Assignment of Leases shall have been or in connection with such Advance is to be recorded with the appropriate Governmental Authorities (and the issuance of the title insurance policies in Section 6.1(x) below shall be satisfactory evidence of the foregoing), and the UCC Financing Statements with respect to such Site shall have been or are being filed with the appropriate Governmental Authorities; provided, that the related conditions in this clause (C) shall be deemed to have been satisfied to the extent that such items are addressed (to the reasonable satisfaction of Lessor and the Administrative Agent) in the Title Policies delivered pursuant to Section 6.1(x) below; and (D) Lessor shall have received evidence satisfactory to Lessor that all real property taxes imposed on, or with respect to the Site, have been paid to date.

Matters relating to the Site. (A) The Ground Lease, Ground Sublease Deed shall be reasonably satisfactory to Lessor and Authority Lease, and the documents relating thereto, shall have been entered into transferred by the parties thereto and shall be satisfactory in form and substance Sellers to the ParticipantsLessor; (B) Lessor and the Administrative Agent shall have received evidence reasonably satisfactory to Lessor it that the Memorandum of Ground Lease, Memorandum of Ground Sublease, Memorandum of Authority Lease, Authority Deed to Secure Debt, Memorandum of Lease, Leasehold Deed to Secure Debt and the other documents related to the Ground Lease, Ground Sublease, Authority Lease and the Lease shall have been or in connection with such Advance are being recorded with the appropriate Governmental Authorities, and the UCC Financing Statements shall have been or are being filed with the appropriate Governmental AuthoritiesAuthorities (or arrangements reasonably satisfactory to Lessor and Administrative Agent shall have been made for such recordations); (C) Lessor and the Administrative Agent shall have received evidence reasonably satisfactory to the Participants it that the Assignment of Leases shall have been or in connection with such Advance is to be recorded with the appropriate Governmental Authorities (and the issuance of the title insurance policies in Section 6.1(x) below shall be satisfactory evidence of the foregoing), and the UCC Financing Statements with respect to such Site shall have been or are being filed with the appropriate Governmental AuthoritiesAuthorities (or arrangements reasonably satisfactory to Lessor and Administrative Agent shall have been made for such recordations); provided, provided that the related conditions in this clause (C) shall be deemed to have been satisfied to the extent that such items are addressed (to the reasonable satisfaction of the Lessor and the Administrative Agent) in the Title Policies delivered pursuant to Section 6.1(x) below; and (D) Lessor shall have received evidence reasonably satisfactory to Lessor it that all the Site is a separate and distinct tax parcel or parcels (other than with respect to the Home Depot Ground Lease). All real property taxes estate Taxes imposed on, or with respect to the Site, have been paid to date, to the extent then due and payable.