Landlord’s Title Landlord’s title is and always shall be paramount to the title of Tenant. Nothing herein contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord.
Xxxxx Title President Attest: /s/Xxxxxx X. Xxxxx -------------------- ACME TELEVISION LICENSES OF OREGON, LLC By: ACME Television Holdings of Oregon, LLC, its majority member By: ACME Television, LLC, its majority member By: ACME Intermediate Holdings, LLC, its majority member By: ACME Television Holdings, LLC, its majority member
Property Title (a) Borrower has good and marketable fee simple legal and equitable title to the real property comprising the Property, subject to Permitted Liens. The Mortgage Documents, when properly recorded and/or filed in the appropriate records, will create (i) a valid, first priority, perfected Lien on Borrower’s interest in the Property, subject only to the Permitted Liens, and (ii) perfected security interests in and to, and perfected collateral assignments of, all personalty (including the Leases), all in accordance with the terms thereof, in each case subject only to the Permitted Liens.
Clear Title Seller owns good and marketable title in and to the Asset.
Xxxxxx Title Deputy General Manager P.T. BANK RAKYAT INDONESIA (PERSERO), by /s/Kemas M. Arief Name: Kemas M. Arief Title: General Manager by /s/Xxxxx X. Xxxxxx Name: Xxxxx X. Xxxxxx Title: Deputy General Manager REPUBLIC NATIONAL BANK OF NEW YORK, by /s/ Xxxxxxx X. Xxxx Name: Xxxxxxx X. Xxxx Title: Vice President THE ROYAL BANK OF SCOTLAND PLC, by /s/Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Vice President & Deputy Manager THE SAKURA BANK, LIMITED, HOUSTON AGENCY, by /s/Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Senior Vice President THE SANWA BANK LIMITED, DALLAS AGENCY, by /s/X. X. Xxxxxxx Name: X. X. Xxxxxxx Title: Vice President SOCIETE GENERALE, SOUTHWEST AGENCY, by /s/Xxxxxxxxx X. Xxxxxx Name: Xxxxxxxxx X. Xxxxxx Title: Vice President THE SUMITOMO BANK, LIMITED, HOUSTON AGENCY, by /s/Xxxxxxxxx Xxxx Name: Xxxxxxxxx Xxxx Title: General Manager THE TOKAI BANK, LIMITED, by Name: Title: UNION BANK OF SWITZERLAND, HOUSTON AGENCY, by /s/Xxx X. Xxxxx Name: Xxx X. Xxxxx Title: Managing Director by /s/J. Xxxxxx Xxxxxxxxxxx Name: J. Xxxxxx Xxxxxxxxxxx Title: Assistant Vice President WESTDEUTSCHE LANDESBANK GIROZENTRALE, by /s/Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx Title: Vice President by /s/Xxxxxx Xxx Name: Xxxxxx Xxx Title: Associate YASUDA TRUST AND BANKING COMPANY, by /s/Price X. Xxxxxxxx Name: Price X. Xxxxxxxx Title: First Vice President
Lessor to Grant Easements, Etc Lessor will, from time to time, so long as no Event of Default has occurred and is continuing, at the request of Lessee and at Lessee’s cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld or delayed), (a) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties, (b) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (c) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes, (d) execute petitions to have the Leased Property annexed to any municipal corporation or utility district, (e) execute amendments to any covenants and restrictions affecting the Leased Property and (f) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions and amendments (to the extent of its interests in the Leased Property), but only upon delivery to Lessor of an Officer’s Certificate stating that such grant, release, dedication, transfer, petition or amendment does not interfere with the proper conduct of the business of Lessee on the Leased Property and does not materially reduce the value of the Leased Property.
Lessor Liens No Lessor Liens (other than those expressly created by the Operative Documents) exist on any Closing Date on the Leased Property, or any portion thereof, and the execution, delivery and performance by the Lessor of this Master Agreement or any other Operative Document to which it is or will be a party will not subject any Leased Property, or any portion thereof, to any Lessor Liens (other than those expressly created by the Operative Documents).
Passage of Title and Risk of Loss Legal title, equitable title and risk of loss with respect to the Acquired Assets will not pass to Buyer until the Acquired Assets are transferred at the Closing.
Additional Title Documents The Receiver, the Corporation and the Assuming Institution each agree, at any time, and from time to time, upon the request of any party hereto, to execute and deliver such additional instruments and documents of conveyance as shall be reasonably necessary to vest in the appropriate party its full legal or equitable title in and to the property transferred pursuant to this Agreement or to be transferred in accordance herewith. The Assuming Institution shall prepare such instruments and documents of conveyance (in form and substance satisfactory to the Receiver) as shall be necessary to vest title to the Assets in the Assuming Institution. The Assuming Institution shall be responsible for recording such instruments and documents of conveyance at its own expense.
Lessee as Prior Owner/Occupant The warranties made by Lessor in Paragraph 2 shall be of no force or effect if immediately prior to the Start Date Lessee was the owner or occupant of the Premises. In such event, Lessee shall be responsible for any necessary corrective work.
