Common use of TAXES & ASSESSMENTS Clause in Contracts

TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or other taxes or assessments on or against any Property or Improvements or any part thereof, except general real estate taxes not yet due or payable. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon have been delivered to Lender. Said bills cover the entire Project and do not cover or apply to any other property. There is no pending or contemplated action pursuant to which any special assessment may be levied against any portion of the Project.

Appears in 1 contract

Samples: Loan Agreement (Balanced Care Corp)

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TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or ----------------- other taxes or assessments on or against any Property or Improvements or any part thereof, except general real estate taxes not yet due or payable. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon have been delivered to Lender. Said bills cover the entire Project and do not cover or apply to any other property. There is no Borrower has not received notice of any pending or contemplated action pursuant to which any special assessment may be levied against any portion of the Project. 4.10.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or other taxes or assessments on or against any Property or Improvements or any part thereof, except general real estate taxes not yet due or payablepayable or taxes for which payment is stayed by the Bankruptcy Court. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon have been delivered to Lender. Said bills cover Each such bill covers the entire Project applicable Property and do does not cover or apply to applx xx any other property. There is no pending or contemplated action pursuant to which any special assessment may be levied against any portion of the Project.

Appears in 1 contract

Samples: Loan Agreement (Assisted Living Concepts Inc)

TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or other taxes or assessments on or against any Property or Improvements or any part thereof, except general real estate taxes not yet due or payablepayable or taxes for which payment is stayed by the Bankruptcy Court. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon have been delivered to Lender. Said bills cover Each such bilx xxvers the entire Project applicable Property and do does not cover or apply to any other property. There is no pending or contemplated action pursuant to which any special assessment may be levied against any portion of the Project.

Appears in 1 contract

Samples: Loan Agreement (Assisted Living Concepts Inc)

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TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or ----------------- other taxes or assessments on or against any Property or Improvements the Project or any part thereof, except general real estate taxes not yet due or payable. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon Project have been delivered to Lender. Said bills cover the entire Project and do not cover or apply to any other property. There is no Borrower has not received notice of any pending or contemplated action pursuant to which any special assessment may be levied against any portion of the Project. 4.12.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

TAXES & ASSESSMENTS. There are no unpaid or outstanding real estate or ----------------- other taxes or assessments on or against any Property or Improvements Project or any part thereof, except general real estate taxes not yet due or payable. Copies of the current general real estate tax bills with respect to each Property and the Improvements thereon Project have been delivered to Lender. Said bills cover the each entire Project and do not cover or apply to any other property. There is no No Borrower has received notice of any pending or contemplated action pursuant to which any special assessment may be levied against any portion of the any Project. 4.18.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

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