Common use of Separate Tax Lot Clause in Contracts

Separate Tax Lot. The Land is not part of a larger tract of land owned by the Borrower or its affiliates or any Guarantor and is not otherwise included under any unity of title or similar covenant with other lands not encumbered by the Mortgage, and the Borrower has obtained a separate tax lot or lots with a separate tax assessment or assessments for the Land and the Improvements, independent of any other lands or improvements.

Separate Tax Lot. The Land is not part of a larger tract of land owned by the Borrower or its affiliates or any Guarantor and is not otherwise included under any unity of title or similar covenant with other lands not encumbered by the Mortgage, and the Borrower has obtained a separate tax lot or lots with a separate tax assessment or assessments for the Land and the Improvements, independent of any other lands or improvements.. 44 50

Separate Tax Lot. The Land is not part of a larger tract of land owned by the Borrower or its affiliates or any Guarantor and is not otherwise included under any unity of title or similar covenant with other lands not encumbered by the MortgageMortgages, and the Borrower has obtained constitutes a separate tax lot or lots with a separate tax assessment or assessments for the Land and the Improvements, independent of those for any other lands or improvements.