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Common use of Unimproved Land Clause in Contracts

Unimproved Land. Any Real Estate consisting of raw land which is not improved by Buildings.

Appears in 6 contracts

Sources: Revolving Credit and Term Loan Agreement (Life Storage Lp), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)

Related Clauses

  • Real Property; Assets
  • Unencumbered Properties
  • Borrowing Base Properties
  • B8 Property
  • Real Properties

Parent Clauses

  • FINANCIAL COVENANTS OF THE BORROWERS
  • Negative Covenants
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