Common use of No Property Interest Created Clause in Contracts

No Property Interest Created. Any rights created by this Agreement are contractual rights. This Agreement does not create and shall not be construed to create or convey any property interest, including any covenant, easement or servitude, in the real property of any Signatory.

Appears in 2 contracts

Sources: Cooperative Agreement, Cooperative Agreement

No Property Interest Created. Any rights created by this Agreement are contractual rights. This Agreement does not create and shall not be construed to create or convey any property interest, including any covenant, easement easement, or servitude, in the real property of any SignatoryParty. Any real property interest to be conveyed from one Party to one or more other Parties will be conveyed by separate written instrument and that written instrument will control the nature and extent of the property interest so conveyed.

Appears in 1 contract

Sources: Settlement Agreement