Common use of Location of Improvements Clause in Contracts

Location of Improvements. All improvements to the Project that have been included in its appraised value lie within the boundaries of the land, or to the extent that any such improvements encroach onto any adjoining land, each such encroachment does not materially and adversely affect the value, use or salability of the Project. No improvements on neighboring properties encroach onto the Project, or all such encroachments do not materially and adversely affect the value, use or salability of the Project.

Appears in 3 contracts

Sources: Reimbursement and Security Agreement (Brookdale Living Communities Inc), Reimbursement and Security Agreement (Brookdale Living Communities Inc), Reimbursement and Security Agreement (Brookdale Living Communities Inc)