Common use of Structural Condition Assurances Clause in Contracts

Structural Condition Assurances. The Agent and each of the Banks shall have received evidence satisfactory to the Agent and each of the Banks as to the good physical condition of the Buildings and that utilities and public water and sewer service is available at the lot lines of the Initial Eligible Properties and connected directly to the Buildings with all necessary Permits.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Grove Property Trust), Revolving Credit Agreement (Grove Property Trust)

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Structural Condition Assurances. The To the extent requested by the Agent, the Agent and each of the Banks shall have received evidence satisfactory to the Agent and each of the Banks as to the good physical condition of the Buildings and that utilities and public water and sewer service is available at the lot lines of the Initial Eligible Borrowing Base Properties and connected directly to the Buildings on the Borrowing Base Properties with all necessary Permits.

Appears in 1 contract

Samples: Credit Agreement (Boston Properties Inc)

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Structural Condition Assurances. The Agent and each of the Banks shall have received evidence satisfactory to the Agent and each of the Banks as to the good physical condition of the Buildings and that utilities and public water and sewer service is available at the lot lines of the Initial Eligible Borrowing Base Properties and connected directly to the Buildings on the Borrowing Base Properties with all necessary Permits.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Properties Inc)

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