Real Property Taxes; Special Assessments. Based on the Title Policies, there are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties or any part thereof which are payable by Borrower or tenants (except only real estate taxes and assessments not yet due and payable). Except as disclosed on the Title Policies, and to the Borrower's knowledge there are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Borrower has received no notice of any such special assessment being contemplated.
Appears in 3 contracts
Samples: Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Real Property Taxes; Special Assessments. Based on the Title Policies, there There are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties or any part thereof which are payable by Borrower Mortgagor or tenants (except only real estate taxes and assessments not yet due and payable). Except as disclosed on the Title Policies, and to the Borrower's knowledge there There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Borrower Mortgagor has received no notice of any such special assessment being contemplated.
Appears in 2 contracts
Samples: Term Loan Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)
Real Property Taxes; Special Assessments. Based on Except as set forth in the Title Policies, there are no unpaid or outstanding real estate or other taxes or assessments on or against any of the Mortgaged Properties or any part thereof which are payable by Borrower Realty Company or tenants the Master Tenant (except only real estate taxes and assessments not yet due and payable). Except as disclosed on the Title Policies, and to the Borrower's knowledge there There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Borrower neither Realty Company nor the Master Tenant has received no notice of any such special assessment being contemplated.
Appears in 1 contract
Samples: Loan Agreement (Grossmans Inc)
Real Property Taxes; Special Assessments. Based on the Title Policies, there There are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties any Collateral Property or any part thereof which are payable by Borrower or tenants (except only real estate taxes and assessments not yet due and payable). Except as disclosed on the Title Policies, and to the Borrower's knowledge there There are no betterment assessments or other special assessments presently pending with respect to any portion of any Collateral Property, other than as shown on municipal lien certificates delivered to the Mortgaged Properties, Agent and the Borrower has received no notice of any such special assessment being contemplated.
Appears in 1 contract
Samples: Revolving Credit Agreement (First Potomac Realty Trust)
Real Property Taxes; Special Assessments. Based on the Title Policies, there There are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties or any part thereof which are payable by Borrower or tenants (except only real estate taxes and assessments not yet due and payable). Except as disclosed on the Title Policies, and to the Borrower's knowledge there There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Borrower has received no notice of any such special assessment being contemplated.. (j)
Appears in 1 contract
Samples: Loan Agreement (Liberty Property Limited Partnership)
Real Property Taxes; Special Assessments. Based on the Title Policies, there There are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties or any part thereof which are payable by Borrower or tenants (except only real estate taxes and assessments not yet due and payable, including those subject to pending appeal). Except as disclosed on the Title Policies, and to the Borrower's knowledge there There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Borrower has received no notice of any such special assessment being contemplated, other than Permitted Liens.
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