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 such Property or any part thereof (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 such Property and no Borrower or Guarantor has received any notice of any such special assessment being contemplated.

Appears in 2 contracts

Samples: Credit Agreement (Lexington Corporate Properties Trust), Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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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 such any Property or any part thereof which are payable by any Borrower (except only real estate taxes not yet due and payable). Borrowers' Agent has delivered to Agent true and correct copies of real estate tax bills for each Property for the past three fiscal years. There are no betterment assessments or other special assessments presently pending with respect to any portion of such any Property and no Borrower or Guarantor has received any notice of any such special assessment being contemplated.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lexington Corporate Properties Inc)

Real Property Taxes; Special Assessments. There are no unpaid or outstanding real estate or other taxes or assessments on or against such Real Property or any part thereof (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 such SECURED TERM LOAN AGREEMENT 23 29 Real Property and no neither Borrower or Guarantor nor Co-Borrower has received any notice of any such special assessment being contemplated.

Appears in 1 contract

Samples: Secured Term Loan Agreement (Net 2 L P)

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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 such any Eligible Property or any part thereof (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 such any Eligible Property and no Borrower or Guarantor has received any notice of any such special assessment being contemplated.

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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