Additional Property Rights Sample Clauses

Additional Property Rights. If Seller possesses any water rights, wind rights, and or mineral rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind.
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Additional Property Rights. If Seller possesses any water rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Seller owned mineral rights shall transfer to the Buyer at closing without warranty of any kind, believed to be 50%. Wind rights are owned by a third party and will not transfer to the Buyer.
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Additional Property Rights. Sublessor shall have hereunder an option to acquire from Sublessee any additional property rights which Sublessee may acquire for use in connection with its mining operations on the Subleased Premises and are located contiguous to the Subleased Premises. An option to acquire such rights, whether they are owned or leased, shall be presented to Sublessor by Sublessee with sixty (60) days of the acquisition thereof, which option shall be offered at a cost of $100.00. If Sublessor elects to accept the option, Sublessee and Sublessor shall, within sixty (60) days of such election, execute a recordable option that becomes exercisable upon demand by Sublessor at any time during the thirty (30) day period that commences on the date of termination of the Sublease for any such property rights, Sublessor shall pay Sublessee only for Sublessee's actual cost of the acquisition of such rights, which shall be specified in the option. Sublessee shall be responsible to assure that any leased rights subject to this provision are assigned to Sublessor pursuant to such option.
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Additional Property Rights. 23 29. Collection of Rents - Rights Reserved .................. 23 30.
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Additional Property Rights. Lessor shall have hereunder an option to acquire from Lessee any additional property rights which Lessee may acquire for use in connection with its mining operations on the Leased Premises and are located contiguous to the Leased or Subleased Premises. An option to acquire such rights, whether they be owned or leased, shall be presented to Lessor by Lessee within sixty (60) days of the acquisition thereof, which option shall be offered at a cost of $100.00. If Lessor elects to accept the option, the Lessee and Lessor shall, within sixty days of such election, execute a recordable option that becomes exercisable upon demand by Lessor at any time during the thirty-day (30) period that commences on the date of termination of the Lease for any reason. For such property rights, Lessor shall pay Lessee only for Lessee's actual cost of the acquisition of such rights which shall be specified in the option. Lessee shall be responsible to assure that any leased rights subject to this provision are assigned to Lessor pursuant to such option.
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Additional Property Rights. 24 29. Collection of Rents - Rights Reserved ...................... 24 30. Default; Forfeiture; Remedies Cumulative ................... 24 31. Removal of Property Upon Termination ....................... 27 32.
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Related to Additional Property Rights

  • Intellectual Property Rights The Company and each of its Subsidiaries owns or possesses or has valid rights to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses, inventions, trade secrets and similar rights (“Intellectual Property Rights”) necessary for the conduct of the business of the Company and its Subsidiaries as currently carried on and as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus. To the knowledge of the Company, no action or use by the Company or any of its Subsidiaries necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to any infringement of, or license or similar fees for, any Intellectual Property Rights of others. Neither the Company nor any of its Subsidiaries has received any written notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change (A) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any of the Intellectual Property Rights owned by the Company; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the rights of the Company in or to any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 2.32, reasonably be expected to result in a Material Adverse Change; (C) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 2.32, reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, the Company has not received any written notice of such claim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 2.32, reasonably be expected to result in a Material Adverse Change; and (E) to the Company’s knowledge, no employee of the Company is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement, the Pricing Disclosure Package and the Prospectus and are not described therein. The Registration Statement, the Pricing Disclosure Package and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its officers, directors or employees, or otherwise in violation of the rights of any persons.

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