Common use of Separate Lots Clause in Contracts

Separate Lots. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 71 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement

AutoNDA by SimpleDocs

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the such Individual Property or any portion thereof.

Appears in 38 contracts

Samples: Loan Agreement (Stirling Hotels & Resorts, Inc.), Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Separate Lots. The Except as set forth on Schedule XXXI, each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the any Individual Property or any portion thereof.

Appears in 8 contracts

Samples: Mezzanine a Loan Agreement (Northstar Realty Finance Corp.), Mezzanine C Loan Agreement (NorthStar Healthcare Income, Inc.), Loan Agreement (NorthStar Healthcare Income, Inc.)

Separate Lots. The Except as expressly disclosed on the Survey or Title Insurance Policy, each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the any Individual Property or any portion thereof.

Appears in 8 contracts

Samples: Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Industrial Logistics Properties Trust)

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the any Individual Property or any portion thereof.

Appears in 5 contracts

Samples: Loan Agreement (Istar Inc.), Loan Agreement (American Finance Trust, Inc), Loan Agreement (Safety, Income & Growth, Inc.)

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the each such Individual Property or any portion thereof.

Appears in 4 contracts

Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (American Realty Capital Trust III, Inc.)

Separate Lots. The Except with respect to the Combined Individual Property and as set forth on Schedule 3.15 hereto, each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the any Individual Property or any portion thereof.

Appears in 4 contracts

Samples: Loan Agreement (Retail Value Inc.), Loan Agreement (Retail Value Inc.), Loan Agreement (Retail Value Inc.)

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the each Individual Property or any portion thereof.

Appears in 3 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

Separate Lots. The Either (i) each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the such Individual Property or any portion thereofthereof or (ii) Lender is escrowing for Taxes in accordance with the terms hereof for the entire tax lot(s) of which each Individual Property is a part.

Appears in 3 contracts

Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp)

Separate Lots. The Each Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the any Property or any portion thereof.

Appears in 2 contracts

Samples: Loan Agreement (STAG Industrial, Inc.), Loan Agreement (RFS Partnership Lp)

Separate Lots. The Such Eligible Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the such Eligible Property or any portion thereof.

Appears in 2 contracts

Samples: Credit Agreement (Amerco /Nv/), Credit Agreement (U Haul International Inc)

AutoNDA by SimpleDocs

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not 57 constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the such Individual Property or any portion thereof.

Appears in 1 contract

Samples: Mezzanine B Loan Agreement (Archstone Smith Operating Trust)

Separate Lots. The To Borrower's knowledge, the Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust Iv, Inc.)

Separate Lots. The Each individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the such Property or any portion thereof.. Section 5.15

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Separate Lots. The Except as set forth in the Title Insurance Policies, each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the related Individual Property or any portion thereof.

Appears in 1 contract

Samples: Loan Agreement (Orion Office REIT Inc.)

Separate Lots. The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not ​ ​ constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Agreement (Lodging Fund REIT III, Inc.)

Separate Lots. CH1 6687939v.9 The Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property or any portion thereof.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Separate Lots. The Each Individual Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the Property Individual Properties or any portion thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Developers Diversified Realty Corp)

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