Common use of Access to Public Streets Clause in Contracts

Access to Public Streets. Except as indicated on a title policy insuring the Mortgage encumbering any particular Real Estate Asset, each parcel (or group of parcels) comprising such particular Real Estate Asset is located on public roads and streets with adequate ingress and egress available between such streets and such Real Estate Asset or otherwise has access to public roads and streets pursuant to access easements benefiting such Real Estate Asset.

Appears in 2 contracts

Sources: Credit Agreement (Global Power Equipment Group Inc/), Credit Agreement (Global Power Equipment Group Inc/)

Access to Public Streets. Except as indicated on a title policy Title Policy insuring the Mortgage encumbering any particular Real Estate Collateral Asset, each parcel (or group of parcels) comprising such particular Real Estate Collateral Asset is located on public roads and streets with adequate ingress and egress available between such streets and such Real Estate Collateral Asset or otherwise has access to public roads and streets pursuant to access easements benefiting such Real Estate Collateral Asset.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Silicon Graphics Inc)