Common use of Independence of the Real Property Clause in Contracts

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Grantor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust or any interest therein to fulfill any requirement of any Governmental Authority. To Grantor’s knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 9 contracts

Samples: Security Agreement (KBS Real Estate Investment Trust III, Inc.), KBS Real Estate Investment Trust II, Inc., KBS Real Estate Investment Trust II, Inc.

AutoNDA by SimpleDocs

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent Lender in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Grantor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust or any interest therein to fulfill any requirement of any Governmental Authority. To Grantor’s knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 2 contracts

Samples: Assignment, Security Agreement (KBS Strategic Opportunity REIT, Inc.), Agreement and Fixture (KBS Strategic Opportunity REIT, Inc.)

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust Mortgage rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to GrantorMortgagor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust Mortgage or any interest therein to fulfill any requirement of any Governmental Authority. To GrantorMortgagor’s knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 2 contracts

Samples: Easement and Construction Agreement (KBS Real Estate Investment Trust III, Inc.), KBS Real Estate Investment Trust III, Inc.

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent Lender in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust Mortgage rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to GrantorMortgagor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust Mortgage or any interest therein to fulfill any requirement of any Governmental Authority. To GrantorMortgagor’s knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 2 contracts

Samples: www.sec.gov, KBS Real Estate Investment Trust III, Inc.

AutoNDA by SimpleDocs

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Grantor’s 201803664 knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust or any interest therein to fulfill any requirement of any Governmental Authority. To Grantor’s knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 1 contract

Samples: KBS Real Estate Investment Trust II, Inc.

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Administrative Agent in connection with the making of the Loan, no buildings or other improvements on property not covered by this Deed of Trust rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Grantor’s 's knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust or any interest therein to fulfill any requirement of any Governmental Authority. To Grantor’s 's knowledge and belief, the Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 1 contract

Samples: Security Agreement (KBS Real Estate Investment Trust II, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.