Common use of Freehold Properties Clause in Contracts

Freehold Properties. Each Group Company specified in the second column of part 1 of Schedule 4 as the registered proprietor of a Freehold Property is the sole legal and beneficial owner of that Property, has good and marketable title to that Property and has in its possession all documents of title to that Property.

Freehold Properties. Each Group Company specified in the second column of part 1 of Schedule 4 as the registered proprietor of a Freehold Property Property: (a) is the sole legal and beneficial owner of that Property, has good and marketable title to that Freehold Property and has in its possession or control all documents of title to that Freehold Property; and (b) has not sold, agreed to sell, granted any option to sell, lease or sublease or agreed to lease or sublease that Freehold Property (or any part of it).