Common use of Property Assessments Clause in Contracts

Property Assessments. The Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 22 contracts

Samples: Security Agreement (AstroNova, Inc.), Manufactured Housing Properties Inc., Manufactured Housing Properties Inc.

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Property Assessments. The To Mortgagor’x xxxxxxdge, the Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become is not subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 4 contracts

Samples: Grubb & Ellis Healthcare REIT, Inc., Grubb & Ellis Healthcare REIT, Inc., Grubb & Ellis Healthcare REIT, Inc.

Property Assessments. The To Borrower’x xxxxxxdge, the Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become is not subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 3 contracts

Samples: NNN Healthcare/Office REIT, Inc., Grubb & Ellis Healthcare REIT, Inc., Grubb & Ellis Healthcare REIT, Inc.

Property Assessments. The Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel parcels from any other property, such that the Real Property shall never become subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 1 contract

Samples: Security Agreement (Sonomawest Holdings Inc)

Property Assessments. The Real Property is assessed for purposes of Real Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 1 contract

Samples: Assignment and Security Agreement (Bioreliance Corp)

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Property Assessments. The Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.. Section 3.4

Appears in 1 contract

Samples: Construction Loan Agreement (4Front Ventures Corp.)

Property Assessments. The To Borrower’s knowledge, the Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that the Real Property shall never become is not subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.

Appears in 1 contract

Samples: Mortgage, Assignment, Security Agreement and Fixture (Grubb & Ellis Healthcare REIT, Inc.)

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