Common use of Nonresidential Clause in Contracts

Nonresidential. THIS MORTGAGE DOES NOT COVER REAL PROPERTY PRINCIPALLY IMPROVED BY ONE OR MORE STRUCTURES CONTAINING IN THE AGGREGATE NOT MORE THAN SIX RESIDENTIAL DWELLING UNITS, EACH HAVING ITS OWN SEPARATE COOKING FACILITIES.

Appears in 3 contracts

Samples: Mortgage, Assignment of Production, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (American Rock Salt Co LLC), Mortgage (Astrex Inc), Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Bush Industries Inc)

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Nonresidential. THIS MORTGAGE DOES NOT COVER REAL PROPERTY -------------- PRINCIPALLY IMPROVED BY ONE OR MORE STRUCTURES CONTAINING IN THE AGGREGATE NOT MORE THAN SIX RESIDENTIAL DWELLING UNITS, EACH HAVING ITS OWN SEPARATE COOKING FACILITIES.

Appears in 1 contract

Samples: Mortgage and Security Agreement (V I Technologies Inc)

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Nonresidential. THIS MORTGAGE DOES NOT COVER REAL PROPERTY PRINCIPALLY IMPROVED BY ONE OR MORE STRUCTURES CONTAINING IN THE AGGREGATE NOT MORE THAN SIX RESIDENTIAL DWELLING UNITS, EACH HAVING ITS OWN SEPARATE COOKING FACILITIES.

Appears in 1 contract

Samples: Indenture of Trust, Mortgage, Assignment of Leases and Rents and Security Agreement (Dynegy Danskammer LLC)

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