Common use of Separate Tax Lot Clause in Contracts

Separate Tax Lot. Borrower’s Individual Property shall be assessed for real estate tax purposes as one or more wholly independent tax lot(s), separate from any adjoining land or improvements and no other land or improvements shall be assessed and taxed together with such Individual Property.

Appears in 4 contracts

Samples: Loan Agreement (CNL Healthcare Properties, Inc.), Loan Agreement (CNL Healthcare Properties, Inc.), Loan Agreement (CNL Healthcare Properties, Inc.)

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Separate Tax Lot. Borrower’s Individual Property shall be assessed for real estate tax purposes as one or more wholly independent tax lot(s), separate from any adjoining land or improvements and no other land or improvements shall be assessed and taxed together with such Individual Property.. Prudential Loan Nos. 706109321 - 706109336 and 706109394 CNL BV Portfolio Second Amended and Restated Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (CNL Healthcare Properties, Inc.)

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