Common use of Separate Tax Lot Clause in Contracts

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 69 contracts

Samples: Security Agreement (Talon Real Estate Holding Corp.), Security Agreement (Reading International Inc), Mortgage And (Resource Real Estate Opportunity REIT, Inc.)

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Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is are assessed and taxed together with the Property or any portion thereof.

Appears in 12 contracts

Samples: And Spreader Agreement and Security Agreement, Mortgage And (Paladin Realty Income Properties Inc), Trust, Security Agreement (NNN Apartment REIT, Inc.)

Separate Tax Lot. The Mortgaged Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Mortgaged Property or any portion thereof.

Appears in 5 contracts

Samples: Leases and Rents and Security Agreement and Fixture Filing (Inland Diversified Real Estate Trust, Inc.), Mortgage (Inland Western Retail Real Estate Trust Inc), Leases and Rents and Security Agreement (Dress Barn Inc)

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements improvement is assessed and taxed together with the Property or any portion thereof.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Butler International Inc /Md/), Mortgage and Security Agreement (Wellsford Real Properties Inc)

Separate Tax Lot. The Property is assessed for real estate ---------------- tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Kilroy Realty Corp

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lotsthe Property, and to Borrower’s Knowledge, no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Loan Agreement (KBS Growth & Income REIT, Inc.)

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof. Section 5.9.

Appears in 1 contract

Samples: Trust and Security Agreement

Separate Tax Lot. The Property is assessed for real estate tax ----------------- purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Agreement (Sl Green Realty Corp)

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lotslot(s), separate from any adjoining land or improvements not constituting a part of such lot or lotsimprovements, and no other land or improvements is are assessed and taxed together with the Property Property, and no other land or any portion thereofimprovements are necessary for the operation of the Property.

Appears in 1 contract

Samples: Phillips Edison Grocery Center Reit I, Inc.

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Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Credit Agreement (Cybex International Inc)

Separate Tax Lot. The Property is assessed for real estate tax TAX purposes as one or more wholly independent tax TAX lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)

Separate Tax Lot. The Property is assessed for real estate tax TAX purposes as one or more wholly independent tax Tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)

Separate Tax Lot. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lotslot, separate from any adjoining land or improvements not constituting a part of such lot or lotslot, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Subscription Agreement (Chelsea Gca Realty Inc)

Separate Tax Lot. The Property is assessed for real estate tax ---------------- purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is are assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Trust and Security Agreement (Archon Corp)

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