Common use of Dependent Properties Clause in Contracts

Dependent Properties. To the best of Seller’s knowledge and belief, the continued maintenance, occupancy and operation of the Real Property is not now, and on the Closing Date will not be, dependent to any extent on improvements or facilities located at any other property, and the continued maintenance, occupancy and operation of any other property is not dependent to any extent on improvements or facilities located on the Real Property (including, but not limited to, the Improvements or the Personal Property).

Appears in 1 contract

Sources: Purchase and Sale Agreement

Dependent Properties. To Other than as set forth in that certain Declaration recorded at the best time of Seller’s knowledge and beliefacquisition of the Property, the continued maintenance, occupancy and operation of the Real Property is not now, and on the Closing Date will not be, dependent to any extent on improvements or facilities located at any other property, and the continued maintenance, occupancy and operation of any other property is not dependent to any extent on improvements or facilities located on the Real Property (including, but not limited to, the Improvements or the Personal Property).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Innovative Industrial Properties Inc)