Improvements definition
Examples of Improvements in a sentence
Except as expressly disclosed in the Third Party Reports, all of the Improvements which were included in determining the appraised value of each Property lie wholly within the boundaries and building restriction lines of such Property, and no improvements on adjoining properties encroach upon such Property, and no easements or other encumbrances upon such Property encroach upon any of the Improvements.
Borrower shall obtain ▇▇▇▇▇▇’s prior written consent to any alterations to any Improvements, which consent shall not be unreasonably withheld, conditioned or delayed (which consent shall be subject to the Deemed Consent Mechanics) except with respect to alterations that may have a Material Adverse Effect.
Except as set forth in any estoppel certificates or rent roll delivered to Lender in connection with the closing of the Loan, no tenant under any Lease has any right or option for additional space in the Improvements.
None of the Improvements on any Property are located in an area as identified by the Federal Emergency Management Agency as an area having special flood hazards or, if so located, the flood insurance required pursuant to Section 6.1(a)(vii) of the Mortgage Loan Agreement is in full force and effect with respect to each applicable Property.
Except as set forth in any Leases, estoppel certificates or rent roll delivered to Lender in connection with the closing of the Loan, no tenant under any Lease has any right or option for additional space in the Improvements.