Common use of Single Tax Lot Clause in Contracts

Single Tax Lot. Each portion of the Land constituting real property consists of a single tax lot. No portion of said lot covers property other than the land in question and no portion of the land in question lies in any other tax lot.

Appears in 2 contracts

Samples: Loan, Security and Agency Agreement (Silverleaf Resorts Inc), Security and Agency Agreement (Silverleaf Resorts Inc)

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Single Tax Lot. Each portion parcel of the Land constituting real property consists of a single tax lot. No portion of said lot covers property other than the land Land in question and no portion of the land Land in question lies in any other tax lot.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

Single Tax Lot. Each portion of the Land constituting real property The Real Property consists of a single tax lot. No portion of said lot covers property other than the land Real Property in question and no portion of the land Real Property in question lies in any other tax lot.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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Single Tax Lot. Each portion parcel of the Land Real Estate Collateral constituting real property consists of a single tax lot. No portion of said lot covers property other than the land in question and no portion of the land in question lies in any other tax lot.

Appears in 1 contract

Samples: Forbearance Agreement (Silverleaf Resorts Inc)

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