Morumbi Sample Clauses

Morumbi. (A) the HI Entity identified in row 1 had at the date given in row 2 the quality of title to the relevant Non-UK Owned Hotel referred to in rows 3 and 4 subject to the charges and encumbrances referred to in row 5; (B) to the Knowledge of Sellers, the relevant HI Entity has not granted any option or right of pre-emption (or in either case the local equivalent) over the relevant Non-UK Owned Hotel which continues to be binding on the relevant Non-UK Owned Hotel; (C) to the Knowledge of Sellers, there is no pending notice, order, direction or proceedings from any governmental authorities or municipality that could impair the legal title of the relevant HI Entity to the relevant Non-UK Owned Hotel; (D) In relation to the relevant Non-UK Owned Hotel there are no pending security interests or pending Liens subsisting by reason of the relevant HI Entity failing to pay any local property Taxes which have become due for payment which have not been paid.