Common use of Adequate Utilities Clause in Contracts

Adequate Utilities. The Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 9 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (Macquarie Infrastructure CO LLC)

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Adequate Utilities. The Each Property is adequately served by all utilities required for the current or contemplated use thereof. All water and sewer systems are provided to the each Property by public utilities, and the each Property has accepted or is equipped to accept such utility services.

Appears in 5 contracts

Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.), Loan Agreement (American Realty Capital Healthcare Trust Inc)

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Adequate Utilities. The Property is adequately served by all utilities required for the current or contemplated use thereof. All To the knowledge of Borrower, all water and sewer systems are provided to the Property by public utilities, and the Property has accepted or is equipped to accept such utility services.

Appears in 1 contract

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

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