No Warranty of Title. Lessor claims title to the mineral estate covered by this Lease. Lessor does not warrant title nor represent that no one will dispute the title asserted by Lessor. It is expressly agreed that Lessor shall not be liable to Lessee for any alleged deficiency in title to the mineral estate, nor shall Lessee become entitled to any refund for any rentals, bonuses, or royalties paid under this Lease in the event of title failure.
No Warranty of Title. Except as provided in Section 3.1, the contributions and conveyances made by Section 2.1 are made without warranty of title, express, implied or statutory, and without recourse even as to the return of the purchase price, but with full substitution and subrogation of Monterey, and all persons claiming by, through and under Monterey, to the extent assignable, in and to all covenants and warranties by Santa Fe's predecessors in title and with full subrogation of all rights accruing under the statutes of limitation or prescription under the laws of various states in which the Subject Assets are located and all rights of actions of warranty against all former owners of the Subject Assets.
No Warranty of Title. 23) This Lease is made without warranty of title, express, implied or statutory. It shall be Xxxxxx’s sole burden and obligation to assure itself of the quality of title of the Leased Premises, and Lessee will bear all costs and expenses incurred in curing any title defect or defending title to the Leased Premises. Xxxxxx also agrees that no claims will be made against Lessor pertaining to the title to the Leased Premises. In the event an adverse claimant files suit against the Lessor or Xxxxxx claiming title to all or a portion of the rights on or under the Leased Premises, the royalties accruing to the litigated portion of the Leased Premises shall be placed in an interest-bearing escrow account until such time as the ownership of the disputed interest shall be determined by compromise or a non-appealable final judgment of a tribunal of competent jurisdiction. The royalties placed in escrow shall be distributed as determined by compromise or at the direction set forth in a non-appealable final order of the tribunal of competent jurisdiction.
No Warranty of Title. In executing this Lease, the State makes no claims or guarantees with respect to the title of the Premises herein Leased, and the Lessee specifically agrees that it shall in no way hold the State liable for any claims or damages for any interruption of its enjoyment or use of the Premises should any dispute to title arise during the course of this Lease.
No Warranty of Title a. Lessor makes no representation of title or ownership, either express or implied, and further makes no warranty as to the actual or potential presence of Granted Minerals. Lessee represents it has performed all necessary due diligence regarding the title or ownership of the Granted Minerals, and agrees to be bound by the quantum of acreage as set forth in the Legal Description above.
No Warranty of Title. In the event any Party, subsequent to the date of this Agreement, encumbers any interest it now holds or may obtain under this Agreement, the Party which encumbers its interest shall be solely responsible for that encumbrance, and agrees to indemnify the other Parties to this Agreement form any Losses caused by the encumbrance.
No Warranty of Title. Except as specifically set forth in Article 9.1, Vendor does not warrant title to the Assets or purport to convey any better title than it now has or is entitled to receive.
No Warranty of Title. 23) This Lease is made without warranty of title, express, implied or statutory. It shall be Xxxxxx’s sole burden and obligation to assure itself of the quality of title of the Leased Premises, and Lessee will bear all costs and expenses incurred in curing any title defect or defending title to the Leased Premises. Xxxxxx also agrees that no claims will be made against Lessor pertaining to the title to the Leased Premises. In the event an adverse claimant files suit against the Lessor or Xxxxxx claiming title to all or a portion of the rights on or under the Leased Premises, or Xxxxxx believes, in good faith, that another person may claim title to all or a portion of the rights on or under the Leased Premises, all payments, including royalties accruing to the disputed portion of the Leased Premises shall be placed in an interest-bearing escrow account until such time as the ownership of the disputed interest shall be determined by compromise or a non-appealable final judgment of a tribunal of competent jurisdiction. The payments placed in escrow shall be distributed as determined by compromise or at the direction set forth in a non- appealable final order of the tribunal of competent jurisdiction.
No Warranty of Title. Subject to Section 2.05 below and without limiting or reducing any of Landlord’s covenants contained in this Lease Agreement, Xxxxxx agrees that Landlord is leasing to Tenant all of Landlord’s right, title and interest in and to the Fairgrounds without warranty of title.
No Warranty of Title. CP does not warrant that it has good title to the Property.
