Improvements to Real Property Clause Samples

Improvements to Real Property. If any state funds are provided under this Contract for the purchase of or improvements to real property, the Contractor shall grant to the state a security interest in the property equal to the amount of state funds provided for at least five (5) years from the date of purchase or the completion of the improvements, unless otherwise provided by law.
Improvements to Real Property. In the event this Order requires Seller to do any work to or upon ▇▇▇▇▇’▇ real property, including, but not limited to, improvements, additions, new construction and repairs, then Seller covenants as follows: (i) to be alone responsible for injury to person, including death, and damage to property resulting from performance of the work and for any claims for workmen’s compensation arising there from; (ii) to maintain insurance, in form and amounts satisfactory to Sharp, for both public liability and workmen’s compensation, with certificates thereof to be given Sharp before commencing any work; (iii) no lien or claim against the premises covered in this Order shall inure to, or be files by, either Seller or Seller’s subcontractors or material men for any labor or materials furnished hereunder; (iv) to deliver such waiver or release liens, or other documents, for labor and materials as Sharp may, at any time prior to either commencement or work or final payment hereunder, require; and (v) to obtain, at Seller’s cost, any permit or license required by any Federal, State or Local law or regulation in connection with the work. Seller guarantees all work performed hereunder against any defects of material and workmanship for a period of one (1) year following completion and acceptance by ▇▇▇▇▇.
Improvements to Real Property. No state funds will be provided under this Contract for the purchase of or improvements to real property.
Improvements to Real Property. In accordance with section 287.05805, F.S., any State funds provided for the purchase of or improvements to real property are contingent upon the CNA or political subdivision granting to the State a security interest in the property at least to the amount of State funds provided for at least five (5) years from the date of purchase or the completion of the improvements or as further required by law.

Related to Improvements to Real Property

  • Real Property (a) Section 2.15(a) of the Seller Disclosure Schedule sets forth a true and complete list of the Leases. The Seller has made available to the Buyer a true and complete copy of each Lease. With respect to each Lease, except as would not reasonably be expected to have, individually or in the aggregate, a Seller Material Adverse Effect or be material to the MRT Program, taken as a whole: (i) such Lease is valid, binding, enforceable and in full force and effect, and the Seller or a Selling Subsidiary enjoys peaceful and undisturbed possession of the Leased Real Property; (ii) neither the Seller nor any Selling Subsidiary is in breach or default under such Lease, and no event has occurred or circumstance exists which, with the delivery of notice, passage of time or both, would constitute such a breach or default, and the Seller has paid all rent due and payable under such Lease; (iii) neither the Seller nor any Selling Subsidiary has received nor given any written notice of any default or event that with notice or lapse of time, or both, would constitute a default by the Seller or a Selling Subsidiary under any of the Leases and, to the Seller’s Knowledge, no other party is in default thereof, and no party to any Lease has exercised any termination rights with respect thereto; (iv) neither the Seller nor any Selling Subsidiary has subleased, assigned or otherwise granted to any Person the right to use or occupy such Leased Real Property or any portion thereof; and (v) neither the Seller nor any Selling Subsidiary has pledged, mortgaged or otherwise granted a Lien on its leasehold interest in any Leased Real Property. (b) Except as would not reasonably be expected to have, individually or in the aggregate, a Seller Material Adverse Effect or be material to the MRT Program, taken as a whole, (i) neither the Seller nor any Selling Subsidiary has received any written notice of (A) material violations of building codes or zoning ordinances or other applicable Laws, (B) existing, pending or, to the Seller’s Knowledge, threatened in writing, condemnation proceedings affecting the Leased Real Property or (C) existing, pending or to the Seller’s Knowledge, threatened in writing, zoning, building code or other moratorium proceedings, or similar matters, which could reasonably be expected to materially and adversely affect the ability to operate the Leased Real Property as currently operated and (ii) during the tenancy of the Seller or any Selling Subsidiary, neither the whole nor any material portion of the Leased Real Property has been damaged or destroyed by fire or other casualty.

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. ▇▇▇▇▇ is responsible for all subsequent real estate taxes.