Common use of Fee Owner Clause in Contracts

Fee Owner. The District is the fee owner of all of the real estate where the Equipment is and will be located and has good and marketable title thereto, and there exists no mortgage, pledge, lien, security interest, charge or other encumbrance of any nature whatsoever on or with respect to such real estate.

Appears in 2 contracts

Sources: Lease Purchase Agreement, Lease Purchase Agreement