Common use of Access; Encroachments Clause in Contracts

Access; Encroachments. To the best of Borrower's knowledge, permanent, legal access is available to each Premises from a physically open and dedicated public right-of-way, all Improvements are located within the boundary lines of each Premises and do not encroach upon the land of any adjacent owner; no improvements of any third person encroach upon any Premises; and no person has any unrecorded right, title or interest in any Premises, whether by right of adverse possession, prescriptive easement or otherwise.

Appears in 2 contracts

Sources: Loan Agreement (Good Times Restaurants Inc), Loan Agreement (Good Times Restaurants Inc)