Granting Clause Fifth Sample Clauses
The Granting Clause Fifth serves to specify an additional right, interest, or property being conveyed or granted under an agreement, typically as the fifth item in a series of granting provisions. This clause may detail a particular asset, easement, or privilege that is distinct from those listed in previous granting clauses, ensuring that all intended transfers are clearly enumerated. By itemizing each granted right or property, the clause helps prevent ambiguity and ensures that both parties have a clear understanding of the full scope of what is being transferred or conveyed.
Granting Clause Fifth. All substitutes and replacements of, and all additions and improvements to, the Improvements, the Fixtures and the Equipment, subsequently acquired by Lessor or constructed, assembled or placed by Lessor on the Site, immediately upon such acquisition, release, construction, assembling or placement, including, without limitation, any and all building materials whether stored at the Property or offsite, and, in each such case, without any further mortgage, conveyance, assignment or other act by Lessor. Granting Clause Sixth --------------------- All estate, right, title and interest and other claim or demand that Lessor now has or may hereafter acquire with respect to any damage to the Site, the Improvements, the Fixtures or the Equipment and any and all proceeds of insurance (exclusive of Excepted Payments) in effect with respect to the Site, the Improvements, the Fixtures and the Equipment, and any and all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the Site, the Improvements, the Fixtures or the Equipment, including without limitation any awards resulting from a change of grade of streets or as the result of any other damage to the Site, the Improvements, the Fixtures or the Equipment for which compensation shall be given by any governmental authority subject to the provisions of the Lease with respect to the collection and application of the same. Granting Clause Seventh ----------------------- All estate, right, title and interest of Lessor in and to all rights, royalties and profits in connection with all minerals, oil and gas and other hydrocarbon substances on or in the Property, development rights or credits, air rights, water, water rights (whether riparian, appropriative or otherwise and whether or not appurtenant) and water stock. Granting Clause Eighth ---------------------- All renewals, substitutions, improvements, accessions, attachments, additions, replacements and proceeds (including, without limitation, all proceeds from the exercise of any termination or purchase option or right under Articles 5, 14 , 15 and 20 of the Lease, payment of any Stipulated Loss Value, Premium or otherwise with respect to the Property, the Fixtures or the Equipment), both cash and noncash, of each of the foregoing and all conversions of the security constituted thereby. Granting Clause Ninth --------------------- Lessor's interest in the Guarantee, including without limitation, the present and continuing rig...
Granting Clause Fifth. Without limiting the generality of the provisions of Granting Clause Third, all of Mortgagor's rights, title, interest, privileges and franchises in and to the following, now owned or hereafter acquired by Mortgagor, to the extent of Mortgagor's interest therein and thereto and to the extent assignable (collectively, "Operating Assets"):