Common use of Separate Lots Clause in Contracts

Separate Lots. Each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute a separate tax lot or lots and does not constitute or include a portion of any other tax lot not a part of such Individual Parcel.

Appears in 4 contracts

Samples: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust)

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Separate Lots. Each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute constitutes a separate tax lot or lots and does not constitute or include a portion of any other tax lot which is not a part of such Individual Parcel.

Appears in 2 contracts

Samples: Loan Agreement (Banyan Strategic Realty Trust), Loan Agreement (Banyan Strategic Realty Trust)

Separate Lots. Each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute a constitutes one (1) or more separate tax lot or lots and does not constitute or include a portion of any other tax lot not a part of such Individual Parcelthe Project.

Appears in 1 contract

Samples: Mortgage Modification Agreement (Acadia Realty Trust)

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Separate Lots. Each To the best of Borrower's knowledge, each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute a separate tax lot or lots and does not constitute or include a portion of any other tax lot not a part of such Individual Parcel.

Appears in 1 contract

Samples: Loan and Security Agreement (American Financial Realty Trust)

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