Separate Tax Lots. Each related Mortgaged Property constitutes one or more complete separate tax lots (or the related Mortgagor has covenanted to obtain separate tax lots and a Person has indemnified the mortgagee for any loss suffered in connection therewith or an escrow of funds in an amount sufficient to pay taxes resulting from a breach thereof has been established) or is subject to an endorsement under the related title insurance policy.
Separate Tax Lots. Each of the Properties are comprised of one (1) or more parcels which constitute separate tax lots. No part of any of the Properties is included or assessed under or as part of another tax lot or parcel, and no part of any other property is included or assessed under or as part of the tax lots or parcels comprising any of the Properties.
Separate Tax Lots. Each Individual Property is comprised of one (1) or more parcels which constitute separate tax lots. No part of any Individual Property is included or 36 assessed under or as part of another tax lot or parcel, and no part of any other property is included or assessed under or as part of the tax lots or parcels comprising any Individual Property.
Separate Tax Lots. Mortgagor agrees that if and to the extent the Mortgaged Property is not assessed for real estate tax purposes as a wholly independent tax lot (or lots), separate from any adjoining land or improvements not constituting a part of such lot or lots, it will enter into, or cause to be entered into, a tax sharing agreement (or agreements), reasonably satisfactory in form and substance to Mortgagee, with the respect to the party or parties responsible for paying real estate taxes as to any such adjacent land or improvements.
Separate Tax Lots. Evidence satisfactory to Lender that the Premises constitutes a separate lot for real estate tax and assessment purposes, and that the enforcement of any rights or remedies of Lender under the Loan Documents (including, without limitation, the right to cause any of the Premises to be sold at judicial or non-judicial sale) shall not be subject to or conditioned upon obtaining any Governmental Approvals.
Separate Tax Lots. The Jekyll Island Property is comprised of one (1) or more parcels which constitute separate tax lots. No part of the Jekyll Island Property is included or assessed under or as part of another tax lot or parcel, and no part of any other property is included or assessed under or as part of the tax lots or parcels comprising any of the Properties.
Separate Tax Lots. The Property is comprised of one (1) or more parcels that constitute a separate tax lot or lots and does not constitute a portion of any other tax lot not a part of the Property.
Separate Tax Lots. Borrower shall not suffer, -------------------------------------- permit or initiate the joint assessment of the Mortgaged Property (i) with any other real property constituting a separate tax lot, and (ii) with any portion of the Mortgaged Property which may be deemed to constitute personal property, or any other procedure whereby the lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Mortgaged Property as a single lien. Borrower agrees to promptly initiate and prosecute in good faith and with due diligence the proceedings necessary to have the Mortgaged Property assessed as a separate tax parcel, provided that such assessment shall be completed on or before November 30, 1997 or, in the event that Borrower on or before November 30, 1997 obtains from the appropriate state or municipal authority an extension in writing of the final date for such assessment (and promptly delivers a copy of such written extension to Borrower), such extended date. Notwithstanding the foregoing, such assessment shall be completed no later than November 30, 1998.
Separate Tax Lots. Other than the portion of the Premises located in Lot 15, the Premises are taxed separately without regard to any other property and for all purposes the Premises may be mortgaged, conveyed and otherwise dealt with as an independent parcel or parcels.
Separate Tax Lots. The Facility is comprised of one (1) or more parcels that constitute separate tax lots and is taxed separately without regard to any other property and for all purposes of the Facility may be mortgaged, conveyed and otherwise dealt with as an independent parcel. There are no unpaid or outstanding real estate or other taxes or assessments on or against the Facility or any part thereof, except general real estate taxes for fiscal year 2013 and subsequent years not yet due or payable.
