Common use of Real Property Taxes; Special Assessments Clause in Contracts

Real Property Taxes; Special Assessments. 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 Mortgagor or tenants (except only real estate taxes not yet due and payable). There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Mortgagor has received no notice of any such special assessment being contemplated.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amerivest Properties Inc), Term Loan Agreement (Amerivest Properties Inc)

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Real Property Taxes; Special Assessments. There are no unpaid or outstanding real estate or other taxes or assessments on or against the Mortgaged Properties Property or any part thereof which are payable by Mortgagor or tenants (except only real estate taxes not yet due and payable). There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged PropertiesProperty, and Mortgagor has received no notice of any such special assessment being contemplated.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amerivest Properties Inc)

Real Property Taxes; Special Assessments. 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 Mortgagor Borrower or tenants (except only real estate taxes not yet due and payable, including those subject to pending appeal). There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Mortgagor Borrower has received no notice of any such special assessment being contemplated, other than Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Koger Equity Inc)

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Real Property Taxes; Special Assessments. 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 Mortgagor Borrower or tenants (except only real estate taxes not yet due and payable). There are no betterment assessments or other special assessments presently pending with respect to any portion of the Mortgaged Properties, and Mortgagor Borrower has received no notice of any such special assessment being contemplated.

Appears in 1 contract

Samples: Loan Agreement (Liberty Property Limited Partnership)

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