Property Assessments. The fee portion of the Real Property is assessed for purposes of Property Assessments as a separate and distinct parcel from any other property, such that such fee portion of the Real Property is not subject to the Lien of any Property Assessments levied or assessed against any property other than the Real Property.
Appears in 20 contracts
Samples: Security Agreement (KBS Real Estate Investment Trust II, Inc.), Security Agreement (KBS Real Estate Investment Trust II, Inc.), Easement and Construction Agreement (KBS Real Estate Investment Trust III, Inc.)