Immovable Property. (1) Income from immovable property may be taxed in the Contracting State in which such property is situated.
Immovable Property. Enter into any acquisitions or leases of immovable property, including new leases and lease extensions; or
Immovable Property. All of the property described below, together with any and all buildings, improvements, structures, other constructions or fixtures located therein or thereon and any and all rights, ways, privileges, servitudes, appurtenances, advantages, riparian rights, alluvion and accretions, appertaining or in anywise belonging thereto including, without limitation, any portion of such land lying within the right-of-way of any publicly dedicated street, roadway, or alleyway (collectively, the “Immovable Property”): Legal Description: Street Address:
Immovable Property. The Group owns no immovable property.
Immovable Property. Article 22
Immovable Property. All present and future immovable property of the Grantor, and all rights of the Grantor in any immovable property, together with all property which may be or become incorporated therewith or permanently physically attached or joined thereto so as to ensure the utility thereof or which is used by the Grantor for the operation of its enterprise or the pursuit of its activities (including heating and air conditioning apparatus and watertanks) and all other property which becomes immovable by the effect of law, including by way of accession, and all real rights relating to or attaching to such immovable property (collectively, the “Immovables”).
Immovable Property. Section 3.8 of the Disclosure Schedule lists all real property owned by the Company and XXX Group Companies (“Owned Real Property”). Section 3.8 of the Disclosure Schedule also lists all real property leased from or to a third party by the Company or any XXX Group Companies (“Leased Real Property”). Except as set forth on Section 3.8 of the Disclosure Schedule, the Company or one of the XXX Group Companies has a valid and subsisting title to all Owned Real Property and/or has a valid and subsisting leasehold estate in, and enjoys peaceful and undisturbed possession of, all Leased Real Property, subject only to any (i) Permitted Encumbrance, and (ii) except where the failure to have such interests or possession would not, individually or in the aggregate, reasonably be expected to materially impair the Company or the XXX Group Companies use of such parcel of Owned or Leased Real Property for the uses for which it is currently intended.
Immovable Property. The Company has entered into a commercial lease dated May 2, 2018 [LEASED PROP- ERTY AND LAND- (the “Landlord”) for real property (the “Leased Property”) located at (the “Lease”), for which the Licenses LORD DETAILS] have been granted. The real property on lease has at all times been used and continues to be used by the Company for the sole purpose of grounding the applications for the Licenses and the Applications but not the Business, without affecting or infringing the applicable regulations with respect to the use of the land. The Company is not authorized to use the Leased Property for purposes of the Business and, should it wish to do so, the Company must acquire the Leased Property from the registered owner thereof, at which point it shall be entitled to use the Leased Property for purposes of the Business following the closing of such acquisition. The Lease has been structured on a month-to-month basis such that the Company may terminate the Lease at any time upon 30 days’ prior written notice (email shall suffice) so as to permit the Company to locate an alternate suitable site for leasing and use for the purposes of the Business and thereby allow the Company to promptly terminate the Lease. The annual aggregate rent for the Leased Property as set out in the Lease is per month.
Immovable Property. 6.1 Alclin Manufacturing is the sole beneficial owner of, has legal and good marketable title to and is in possession of the immovable property situate at Erf 0000, 00 Xxxxx Xxxxxx, Xxxxxxxxx Xxxx, including all buildings on and all fixtures and fittings forming part of the permanent alterations to the immovable property (Immovable Property) and is not the owner of any other immovable property.
