Common use of No Encroachments Clause in Contracts

No Encroachments. Except as shown on the Survey, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use or marketability of the Property, except those that are insured against by a Title Insurance Policy.

Appears in 4 contracts

Samples: Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (Chesapeake Lodging Trust)

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No Encroachments. Except as shown on the applicable Survey, all of the improvements on the each Property lie wholly within the boundaries and building restriction lines of the such Property, and no improvements on adjoining property encroach upon the any Property, and no easements or other encumbrances upon the any Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use or marketability of the applicable Property, except those that are insured against by a Title Insurance Policy.

Appears in 3 contracts

Samples: Loan Agreement (Toys R Us Inc), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Chesapeake Lodging Trust)

No Encroachments. Except as shown on the applicable Survey, all of the improvements on the each Property lie wholly within the boundaries and building restriction lines of the such Property, and no improvements on adjoining property encroach upon the any Property, and no easements or other encumbrances upon the any Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use value or marketability of the applicable Property, except those that are insured against by a Title Insurance Policy.

Appears in 2 contracts

Samples: Loan Agreement (Parkway, Inc.), Loan Agreement (Parkway, Inc.)

No Encroachments. Except as shown on the Survey, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the PropertyProperty or within areas that are licensed to Borrower as reflected in the Permitted Exceptions, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use or marketability of the Property, except those that are insured against by a Title Insurance Policy.

Appears in 2 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

No Encroachments. Except as shown on the Qualified Survey, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use value or marketability of the Property, except those that which are insured against by a Qualified Title Insurance Policy.

Appears in 2 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Alexanders Inc)

No Encroachments. Except as shown on the applicable Qualified Survey, all of the improvements on the each Property lie wholly within the boundaries and building restriction lines of the such Property, and no improvements on adjoining property encroach upon the any Property, and no easements or other encumbrances upon the any Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use value or marketability of the applicable Property, except those that which are insured against by a Qualified Title Insurance Policy.

Appears in 2 contracts

Samples: Loan Agreement (Life Time Fitness Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Encroachments. Except as shown on the Survey, to Borrower’s knowledge, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to materially adversely affect the value, use or marketability of the Property, except those that are insured against by a Title Insurance Policy.

Appears in 1 contract

Samples: Loan Agreement (New York REIT, Inc.)

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No Encroachments. Except as shown on the Survey, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to materially adversely affect the value, use or marketability of the Property, except those that are insured against by a Title Insurance Policy.

Appears in 1 contract

Samples: Loan Agreement (Aspen REIT, Inc.)

No Encroachments. Except as shown on the Surveyapplicable Qualified Survey or in the title policy, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either any such case, to adversely affect the value, use value or marketability of the Property, except those that which are insured against by a Qualified Title Insurance Policy.

Appears in 1 contract

Samples: Loan Agreement (Reckson Associates Realty Corp)

No Encroachments. Except as shown on the applicable Qualified Survey, all of the improvements on each of the Property Properties lie wholly within the boundaries and building restriction lines of the such Property, and no improvements on adjoining property encroach upon the any Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use value or marketability of the applicable Property, except those that are insured against by a Qualified Title Insurance Policy.

Appears in 1 contract

Samples: Loan Agreement (Pebblebrook Hotel Trust)

No Encroachments. Except as shown on the applicable Qualified Survey, all of the improvements on the Property lie wholly within the boundaries and building restriction lines of the Property, and no improvements on adjoining property encroach upon the Property, and no easements or other encumbrances upon the Property encroach upon any of the improvements, so as, in either case, to adversely affect the value, use value or marketability of the Property, except those that which are insured against by a Qualified Title Insurance Policy.

Appears in 1 contract

Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

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