Common use of Utilities and Public Access Clause in Contracts

Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses.

Appears in 23 contracts

Samples: Loan Agreement (First Capital Real Estate Trust Inc), Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

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Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses. To the Best of Borrower’s Knowledge, all utilities necessary to the existing use of the Property are located either in the public right-of-way abutting the Property (which are connected so as to serve the Property without passing over other property) or in recorded easements serving the Property. All roads necessary for the use of the Property for its current purposes have been completed and, if necessary, dedicated to public use.

Appears in 14 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Morgans Hotel Group Co.)

Utilities and Public Access. The Property Each of the Properties has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities drainage adequate to service the such Property for its intended uses.

Appears in 9 contracts

Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc)

Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses. The Property has, or is served by, parking to the extent required to comply with all Leases and all Legal Requirements.

Appears in 3 contracts

Samples: Loan Agreement (Black Creek Diversified Property Fund Inc.), Loan Agreement (Black Creek Diversified Property Fund Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property it for its intended uses.intended

Appears in 1 contract

Samples: Loan Agreement (World Wrestling Entertainmentinc)

Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewersewer or septic system, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses.uses and all public utilities necessary or convenient to the full use and enjoyment of the Property are located either in the public right-of-way abutting the Property

Appears in 1 contract

Samples: Version Loan Agreement (Vinebrook Homes Trust, Inc.)

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Utilities and Public Access. The Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities reasonably adequate to service the Property for its intended uses.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Utilities and Public Access. The To the best of Borrower's knowledge, the Property has rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses.

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 16 Global Inc)

Utilities and Public Access. The Property has adequate rights of access to public ways and is served by water, sewer, sanitary sewer and storm drain facilities adequate to service the Property for its intended uses.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Trust Inc)

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