Ownership of the Land Sample Clauses

Ownership of the Land. The Developer represents and warrants that it is the legal and beneficial owner of part of the Land, and will be the legal and beneficial owner of all of the Land prior to any obligations to deliver Contribution Works or Contribution Land under this Deed arising.
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Ownership of the Land. The Land Owner represents and warrants that it is the legal and beneficial owner of the parts of the Land not dedicated or already developed or transferred to Council or sold as contemplated by this Deed.
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Ownership of the Land. Landlord covenants that (i) Landlord has good and marketable fee simple title to the Land; (ii) the Land is free (or will be free at least 30 days prior to the start of Tenant’s Improvements) of any easements, encumbrances or leases (other than the Permitted Exceptions); and (iii) Landlord has not permitted and will not permit any liens superior to this Lease to be filed against the Land.
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Ownership of the Land. The Developer represents and warrants to the Council that the Developer:
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Ownership of the Land. 14 6.2 Lessee's Personal Property............................................................... 14 ARTICLE VII CONDITION AND USE OF LEASED PROPERTY..................................................... 15 7.1 Condition of the Leased Property......................................................... 15 7.2 Use of the Leased Property............................................................... 15 7.3 Lessor to Grant Easements................................................................ 16 ARTICLE VIII
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Ownership of the Land. Landlord covenants that Landlord has not permitted and will not permit any liens superior to this Lease to be filed against the Land during the Term.
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Ownership of the Land. Seller holds fee title to the Land free of claims of any other party, including tenancies and other rights of possession or occupancy, except as is shown on the Preliminary Report and has granted no options to purchase, lease, hold or occupy the Land other than pursuant to this Agreement.
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Ownership of the Land. Tenant acknowledges that Landlord is the owner of the Land and the ground lessee of the Northeast Parking Parcel, and that Tenant has only the right to the possession and use of the Leased Property upon the terms and conditions of this Lease.
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Related to Ownership of the Land

  • Ownership of the Property Borrower shall take all necessary action to retain title to the Property and the related Collateral irrevocably in Borrower, free and clear of any Liens other than Permitted Liens. Borrower shall warrant and defend the title to the Property and every part thereof, subject only to Permitted Liens, in each case against the claims of all Persons whomsoever.

  • Ownership of the Leased Property Lessee acknowledges that the Leased Property is the property of Lessor and that Lessee has only the right to the possession and use of the Leased Property upon the terms and conditions of this Lease.

  • Ownership of Improvements All modifications, alterations and improvements made or added to the Leased Premises by Tenant (other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures) shall be deemed real property and a part of the Leased Premises, but shall remain the property of Tenant during the Lease, and Tenant hereby covenants and agrees not to grant a security interest in any such items to any party other than Landlord. Any such modifications, alterations or improvements, once completed, shall not be altered or removed from the Leased Premises during the Lease Term without Landlord’s written approval first obtained in accordance with the provisions of Paragraph 6.1 above. At the expiration or sooner termination of this Lease, all such modifications, alterations and improvements other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures, shall automatically become the property of Landlord and shall be surrendered to Landlord as part of the Leased Premises as required pursuant to Article 2, unless Landlord shall require Tenant to remove any of such modifications, alterations or improvements in accordance with the provisions of Article 2, in which case Tenant shall so remove same. Landlord shall have no obligations to reimburse Tenant for all or any portion of the cost or value of any such modifications, alterations or improvements so surrendered to Landlord. All modifications, alterations or improvements which are installed or constructed on or attached to the Leased Premises by Landlord and/or at Landlord’s expense shall be deemed real property and a part of the Leased Premises and shall be property of Landlord. All lighting, plumbing, electrical, heating, ventilating and air conditioning fixtures, partitioning, window coverings, wall coverings and floor coverings installed by Tenant shall be deemed improvements to the Leased Premises and not trade fixtures of Tenant.

  • Ownership of the Shares Selling Shareholders own all of the Shares, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • Ownership of Technology As between the Parties, each Party shall own and retain all right, title, and interest in and to any and all Inventions and Information that are conceived, discovered, developed, or otherwise made solely by or on behalf of such Party (or its Affiliates or Sublicensees) under or in connection with this Agreement, whether or not patented or patentable, and any and all Patents and other intellectual property rights with respect thereto.

  • OWNERSHIP OF THE ASSETS LNY will have exclusive and absolute ownership and control of its assets, including all assets in the Variable Account.

  • Ownership of Interests The Interest Owners are the owners of all of the Interests, each owning the percentage set forth in Item 2(a) of Schedule 1, and have good and valid title thereto, with no restrictions on, or any agreements with respect to, voting rights or any other incidents of ownership thereof, except as set forth in the Company’s Organizational Documents. The Interests represent one hundred percent (100%) of the record and beneficial interests in the Company and all other right, title and interest in and to the equity of the Company. The Interest Owners have the absolute right to sell and transfer all of the Interests to Buyer free and clear of all Interest Liens. Each Interest Owner acquired its Interest in compliance with all applicable laws. On consummation of the Contemplated Transactions, in accordance with the terms hereof, Buyer will acquire good and marketable title to the Interests free and clear of all Interest Liens.

  • Ownership of Equipment Any equipment purchased by or furnished to the Grantee by the State under this grant agreement is provided on a loan basis only and remains the property of the State.

  • Ownership of the Borrower Except as set forth in the Partnership Agreement of the Borrower, the Borrower has no obligation to any Person to purchase, repurchase or issue any ownership interest in it.

  • Ownership of Seller Credit Acceptance is the sole owner of the membership interests of the Seller, all of which are fully paid and nonassessable and owned of record, free and clear of all mortgages, assignments, pledges, security interests, warrants, options and rights to purchase.

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