Common use of Off-Site Utilities Clause in Contracts

Off-Site Utilities. All water, sewer, electric, gas, telephone and other utilities necessary for the use and operation of the Collateral Property are available through dedicated public rights of way or through perpetual private easements approved by Lender with valid permits and are adequate to service the Project in compliance with applicable law.

Appears in 4 contracts

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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Off-Site Utilities. All water, sewer, electric, gas, telephone and other utilities necessary for the use and operation of the Collateral Property are available installed to the property lines of the Collateral Property through dedicated public rights of way or through perpetual private easements approved by Lender with valid permits and are adequate to service the Project in compliance with applicable law.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

Off-Site Utilities. All water, sewer, electric, gas, telephone and other utilities necessary for the use and operation of the such Collateral Property are available installed to the property lines of such Collateral Property through dedicated public rights of way or through perpetual private easements approved by Lender with valid permits and are adequate to service the Project in compliance with applicable lawAgent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)

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Off-Site Utilities. All water, sewer, electric, gas, telephone and other utilities necessary for the use and operation of the Collateral Property are available installed to the property lines of the Collateral Property through dedicated public rights of way or through perpetual private easements approved by Lender the Agent and, except in the case of drainage facilities, are connected to the Building located thereon with valid permits and are adequate to service the Project Building in compliance with applicable law.

Appears in 1 contract

Samples: Bridge Loan Agreement (Ramco Gershenson Properties Trust)

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