Tax Parcel. The Land is taxed separately without regard to any other real estate and constitutes a legally subdivided lot under all applicable Law (or, if not subdivided, no subdivision or platting of the Property is required under applicable Law), and for all purposes may be dealt with as an independent parcel in connection with any Sale or Encumbrance of such Land.
Tax Parcel. Borrower shall provide evidence that the Property comprises one or more separate tax parcels.
Tax Parcel. The Real Estate is taxed as separate and distinct tax parcels, and described on Schedule 3 are real estate tax bills for the Real Estate for the years 1994 and 1995.
Tax Parcel. The “Tax Parcel” means the tax parcel that includes the Premises, as established by the local governmental authority that is responsible for assessing and collecting Real Estate Taxes; provided that any portion of such tax parcel that is not part of the Real Estate will be excluded from the Tax Parcel for purposes of this Lease.
Tax Parcel. Each Borrowing Base Property is separately assessed from all other adjacent land for purposes of real estate taxes and without regard for any other property, and for all purposes may be mortgaged, conveyed and otherwise dealt with as an independent parcel. Borrowers have paid all taxes and assessments affecting the Borrowing Base Properties or otherwise payable by any Borrower which were due on or before on the Effective Date, except for Taxes being contested in accordance with Section 5.08 hereof. To the best of Borrowers’ knowledge, there is no material proposed new tax assessment against any of the Borrowing Base Properties or any basis for such an assessment, other than potential increases in valuation in connection with Borrowers’ recent acquisition of the Borrowing Base Properties.
Tax Parcel. The Property constitutes a separate tax parcel(s) and is not being taxed as a part of a larger tax parcel.
Tax Parcel. Lender shall have received evidence that the Property currently constitutes one (1) or more separate tax parcels, which evidence shall be reasonably satisfactory in form and substance to Lender.
Tax Parcel. The Property is a separate tax parcel.
Tax Parcel. Each Borrowing Base Property is separately assessed from all other adjacent land for purposes of real estate taxes and without regard for any other property, and for all purposes may be dealt with as an independent parcel.
Tax Parcel. Landlord shall, with Tenant’s cooperation, if necessary, have the City of Fargo designate the Premises as a separate tax parcel.
