All Real Property Clause Samples
The "All Real Property" clause defines the scope of real estate assets covered by an agreement, typically specifying that all interests in land, buildings, and related fixtures are included. In practice, this clause ensures that any property owned, leased, or otherwise controlled by a party is encompassed, whether it is residential, commercial, or undeveloped land. Its core function is to provide comprehensive coverage and eliminate ambiguity about which real estate assets are subject to the terms of the contract, thereby reducing the risk of disputes over omitted properties.
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All Real Property. Except as set forth on §4.22.3 of the Disclosure Schedule for Owned Real Property or §4.22.3 of the Disclosure Schedule for Leased Real Property, as applicable, (A) there are no pending or, to the Knowledge of Seller, threatened condemnation proceedings, suits or administrative actions relating to the Owned Real Property or the Leased Real Property (together, the “Real Property”); (B) the operation of the Real Property in the manner in which it is now operated comply in all material respects with all Laws including zoning, building, use, safety or other similar statutes, ordinances or regulations of any Governmental Authority and any reciprocal easement agreements or easement agreements; (C) all buildings, structures, fixtures, building systems and equipment, and all components thereof that constitute the Real Property (including the roof, foundation and structural elements) on any such parcel are in operating condition, ordinary wear and tear excepted, are supplied with utilities necessary for the operation of the business as currently conducted at such facilities, and are safe for their current occupancy; and (D) there is no renovation or construction project currently being performed at the Real Property.
All Real Property. To the knowledge of Individual Stockholders and the Employees, each of the properties described in the leases listed on Schedule 4.11(b) conforms in all material respects to applicable zoning, environmental, health and safety ordinances, building codes, and other laws, regulations and requirements relating to the use and operation thereof. None of the Individual Stockholders or Employees have received any notice of any violation of any law, ordinance, rule or regulation relating to the use and operation of such real properties, nor of the existence of any condemnation or eminent domain proceeding with respect to any of such real properties. Except as set forth in Schedule 4.11(b), all real properties used in the business of PHAST and leased or subleased by PHAST have received the necessary approvals of governmental authorities (including, without limitation, licenses and permits) required in connection with the operation thereof, except where the failure to obtain such approvals, licenses or permits would not have a material adverse effect upon PHAST. All such real properties are provided with utilities and other services necessary for the operation of said real properties. The leases are not subordinate to any lien affecting the real property, except for: (i) installments for special assessments not yet delinquent; (ii) recorded easements, covenants, and other restrictions, which do not or would not, impair the use, occupancy, or value of the property by or to PHAST; and (iii) the rights granted by the owner of the real property to the holder of any deed of trust on the real properties.
All Real Property. The use and operation of the Leased Real Property used by the Company and the Company Subsidiaries do not violate any Law, covenant, condition, restriction, easement, license, permit or agreement, except for such violations as have not had and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.
All Real Property. Except as set forth on Schedule 3.9(c), none of the Transferred Entities has leased or subleased, or assigned its interest in, any of the Owned Real Property or the Leased Real Property or any portion thereof to any other Person, nor given any other Person the right to use or occupy the same. The Owned Real Property and the Leased Real Property includes all real property that is necessary or required for the operations of such Transferred Entity and the conduct of the Business as currently operated. Without limiting the generality of the immediately preceding sentence and except as set forth on Schedule 3.9(c), none of the real property used by the Transferred Entities in connection with the operation of the Business is owned or leased by any Newpark Entity or any Affiliate (including NES Mississippi) of any Newpark Entity (other than the Transferred Entities).
All Real Property in which the Borrower has acquired an interest (whether an ownership interest or a Lien) relating to any Pledged Receivable (including any such Real Property in which the Borrower has retained an interest following the termination of such Pledged Receivable);