Availability of Roads. All roads necessary to provide adequate access to the Subdivision have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.
Appears in 2 contracts
Sources: Lot Acquisition Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp)
Availability of Roads. All roads necessary to provide adequate access to for the Subdivision full utilization of the Improvements for their intended purposes have either been completed or the necessary rights of way therefor have either been acquired by the appropriate local authorities or have been dedicated to public use and accepted by such local authorities and all necessary steps have been taken by Borrower and such local authorities to assure the complete construction and installation thereof.;
Appears in 1 contract
Sources: Construction Loan Agreement (CNL Growth Properties, Inc.)