Separate Parcel. The Project is taxed separately without regard to any other property and for all purposes the Project may be mortgaged, conveyed, and otherwise dealt with as an independent parcel.
Separate Parcel. Each Project's Real Property is taxed separately without regard to any other property and for all purposes such Real Property may be mortgaged, conveyed, and otherwise dealt with as an independent parcel.
Separate Parcel. Each Borrower represents and warrants to Lender that except as otherwise disclosed to Lender in writing, the Parcel owned by such Borrower is taxed separately without regard to any other property and for all purposes such Parcel may be mortgaged, conveyed, and otherwise dealt with as an independent parcel.
Separate Parcel. Pursuant to that certain Grant Deed executed by the Redevelopment Agency of the City of San Xxxx and recorded on June 6, 2001, as Document No. 15717130 in the Official Records of the Recorder of Santa Xxxxx County, California, the Land was established as a separate legal parcel. As a consequence of the establishment of the Land as a separate legal parcel pursuant to said Grant Deed, the Land was established as a separate tax parcel on the rolls of the Santa Xxxxx County Assessor as of July 1, 2002.
Separate Parcel. Delivery of a parcel map and property description establishing the Property as a separate parcel.
Separate Parcel. Each parcel of the Land is a separately zoned parcel.
Separate Parcel. To Borrowers’ knowledge, and except as otherwise disclosed to Lender, each Property is taxed separately without regard to any other property, and for all purposes each Property may be mortgaged, conveyed, and otherwise dealt with as an independent parcel.
Separate Parcel. Each individual parcel comprising each Closing Date Property (i) is not part of a larger tract of land owned by any Obligor or any of their Affiliates that is not also a portion of such Closing Date Property (except for the non-investment grade shop space that is bifurcated with a ground lease in place with the applicable Subsidiary Guarantor) and (ii) is not otherwise included under any unity of title or similar covenant with other lands not encumbered by the Mortgages. Each Closing Date Property constitutes separate tax lots with separate tax assessments for such Closing Date Property, independent of those for any other lands or improvements that are not also a portion of such Closing Date Property.
Separate Parcel. Each Site is taxed separately without regard to any other property and for all purposes each Site may be mortgaged, conveyed, and otherwise dealt with as an independent parcel.
Separate Parcel. Each Parcel of Land is comprised of one or more separate parcels for all real estate tax and assessment purposes.
