Owned Real Property and Leased Real Property Sample Clauses

Owned Real Property and Leased Real Property. (a) Schedule 4.8 includes a list of all real property owned by a Seller (under the heading “Owned Real Property”) and all real property leased by a Seller (with annual aggregate lease payments in excess of $10,000) (under the heading “Leased Real Property”), in each case, used solely or primarily in connection with the operation of the Business. The Owned Real Property and the Leased Real Property set forth on Schedule 4.8 is the only real property currently used or held for use by the Sellers in connection with the Business.
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Owned Real Property and Leased Real Property. (a) Except as set forth on Schedule 4.7(a), the Transferred Real Property and the Real Property owned or leased by Skyware is the only Real Property currently used by the Sellers or Skyware in connection with the Business.
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Owned Real Property and Leased Real Property. With respect to the Owned Real Property and the Leased Real Property (the "Real Property"), except as provided in Schedule 4.1.7 hereto:
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Owned Real Property and Leased Real Property. (a) The Real Property listed on Schedule 1.1(a) and Schedule 1.1(b) contain a true and correct list and brief description of all real property used in connection with the business of the Branch Offices. With respect to each parcel of the Owned Real Property, Seller has good and marketable fee title to such parcel of Owned Real Property free and clear of any Encumbrance except for Permitted Encumbrances. With respect to each Leased Real Property, Seller has a good and valid leasehold interest in such Leased Real Property on and subject to the terms of its applicable Real Estate Lease, it being understood that Seller makes no representations or warranties about matters affecting the respective landlords’ fee title to the Leased Real Properties. Except as set forth on Schedule 3.21(a), there are no tenants or other parties claiming by, through or under Seller that have a possessory right in and to any space in respect of the Real Property (all such agreements listed on Schedule 3.21(a), the “Tenant Leases”). Seller has delivered to Buyer a true, correct and complete copy of each Tenant Lease as amended, modified or supplemented as of the date hereof. Each Tenant Lease is an existing legal, valid and binding obligation of Seller and, to Seller’s Knowledge, each other party thereto, subject to bankruptcy, insolvency, reorganization, moratorium, receivership, conservatorship and similar laws relating to the rights and remedies of creditors, as well as to general principles of equity; and there does not exist with respect to Seller’s obligations thereunder, or, to Seller’s Knowledge, with respect to the obligations of the tenant thereunder, any default, or event or condition which constitutes or, after notice or passage of time or both, would constitute a default, on the part of Seller or the tenant under any such Tenant Lease.
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Owned Real Property and Leased Real Property. (a) The Disclosure Schedule lists all of the real estate in which any of the CD Int Subsidiaries holds a fee simple interest (or an equivalent interest under the laws of Canada or the United Kingdom) (all of such real estate described in the Disclosure Schedule is referred to herein as the "Owned Real Property"). Ceridian does not have any fee simple interest in (or equivalent thereof under the laws of Canada or the United Kingdom) any real estate used in the CD Int Business. Except as set forth on the Disclosure Schedule, each of the CD Int Subsidiaries, as the case may be, has good and valid fee simple title (or an equivalent interest under the laws of Canada or the United Kingdom) to the Owned Real Property and owns all of the improvements located thereon, subject only to the Permitted Exceptions. For purposes of this Agreement, "
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Owned Real Property and Leased Real Property. The Company owns no real property. The property which the Company occupies is owned by the Stockholders, Xxxx X. Xxxxxx and Xxxxxx X. Xxxxxx. We do not have a lease, but are on a month-to-month rental. The amount of the rental is $8,666 per month and is paid in the following manner: $2,000 from United Terrazzo: $ 1,000 to Xxxx Xxxxxx $ 1,000 to Xxxxxx Xxxxxx, Trustee $6,666 from Xxxxx X. Xxxxxxx: $ 3,000 to Xxxxxx Xxxxxx, Trustee $ 3,666 to Xxxx Xxxxxx The amount paid to the owners from Xxxxx X. Xxxxxxx is being taken out of the AAA.
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Owned Real Property and Leased Real Property. All of the Owned Real Property described on Schedule 2.1(a)(3)(i) and rights under leases for all Leased Real Property described on Schedule 2.1(a)(3)(ii), which Real Property shall include, without limitation all appurtenant rights and easements and all buildings, structures, improvements, plants, facilities, and fixtures located thereon;
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Owned Real Property and Leased Real Property. (a) Schedule 4.8 includes a list of the real property, including legal descriptions thereof, owned by the Seller or any of its Subsidiaries (other than the Excluded Buildings and the Wxxxx) (under the heading "Owned Real Property") and, other than the Wxxxx, the real property leased by the Seller or any of its Subsidiaries (under the heading "Leased Real Property"), including all leases, subleases, licenses, rail -related transportation agreements, and other occupancy agreements (and all modifications, extensions or amendments thereof) related to the Transferred Owned Real Property or Leased Real Property (the "Real Property Leases"), and in each case, used solely or primarily in connection with the operation of the Business. Except as set forth on Schedule 4.8 and except for the Wxxxx, the Transferred Owned Real Property and the Leased Real Property is the only real property currently used by the Seller and its Subsidiaries in connection with the Business.
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Owned Real Property and Leased Real Property. (i) The Owned Real Property and the Leased Real Property constitutes all of the real property necessary for the Company to operate its business as it is currently being conducted other than property to be leased on a temporary basis for particular construction projects or other jobs for customers.
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Related to Owned Real Property and Leased Real Property

  • Leased Real Property Section 3.13(b) of the Company Disclosure Letter contains a true, correct and complete list of (i) all of the real property that is leased, subleased, licensed or otherwise used or occupied by, the Company or any of its Subsidiaries (such property, the “Leased Real Property”) and (ii) all leases, subleases, licenses or other Contracts pursuant to which the Company or its Subsidiaries use or occupy, or have the right to use or occupy, now or in the future, such Leased Real Property (each, a “Lease”). The Company has made available to Parent true, correct and complete copies of all Leases (including all material modifications, amendments and supplements thereto), and in the case of any oral Lease, a written summary of the material terms of such Lease. The Company and/or one of its Subsidiaries, as the case may be, have and own good, valid and subsisting leasehold interests in the Leased Real Property under each Lease, subject to proper authorization and execution of such Lease by the other party thereto and Permitted Liens, except in each case, as enforcement may be limited by the Enforceability Limitations, except as would not, individually or in the aggregate, have a Company Material Adverse Effect. With respect to each Lease and except as would not, individually or in the aggregate, have a Company Material Adverse Effect or materially and adversely affect the current use by the Company or its Subsidiaries of the Leased Real Property, (i) each Lease is in full force and effect and a valid, binding and legally enforceable obligation of the Company or its applicable Subsidiary, as the case may be, and, to the Knowledge of the Company, the other parties thereto (except in each case as may be limited by the Enforceability Limitations); (ii) each Lease has not been amended or modified in any material respect except as reflected in the modifications, amendments, supplements and side letters thereto made available to Parent; (iii) there is no existing material default or event of default by the Company or any of its Subsidiaries or, to the Knowledge of the Company, any other party thereto, under any Lease (iii) to the Knowledge of the Company, there are no disputes with respect to any Lease; (iv) neither the Company nor any of its Subsidiaries has collaterally assigned or granted any other security interest in such Lease or any interest therein; and (v) there are no Liens (other than Permitted Liens) on the estate or interest created by such Lease. The Leased Real Property is in all material respects in good operating condition and in a state of good and working maintenance and repair, ordinary wear and tear excepted, and is adequate and suitable for its current uses and purposes. There are no physical conditions or defects on any part of the Leased Real Property that would materially impair or would be reasonably expected to materially impair the continued operation of the business of the Company and its Subsidiaries as presently conducted at such Leased Real Property.

  • Owned Real Property The Company does not own any real property.

  • Real Property (a) The Company does not own any real property.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

  • Real Property; Leasehold Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company or any of its Subsidiaries, and (b) copies of all leases under which any such real property is possessed (the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder. The Company’s use and operation of each such leased property conforms to all applicable Laws in all material respects, and the Company has exclusive possession of each such leased property and has not granted any occupancy rights to tenants or licensees with respect to such leased property. In addition, each such leased property is free and clear of all Encumbrances other than Permitted Encumbrances. The Company has not received written notice from its landlords or any Governmental Body that: (i) relates to violations of building, zoning, safety or fire ordinances or regulations; (ii) claims any defect or deficiency with respect to any of such properties; or (iii) requests the performance of any repairs, alterations or other work to such properties.

  • Property and Leases (a) The Company and the Company Subsidiaries have sufficient title to all their properties and assets to conduct their respective businesses as currently conducted or as contemplated to be conducted, with only such exceptions as would not have a Material Adverse Effect.

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Title; Real Property (a) Each Group Member has good and marketable fee simple title to all owned real property and valid leasehold interests in all leased real property, and owns all personal property, in each case that is purported to be owned or leased by it, including those reflected on the most recent Financial Statements delivered by the Borrower, and none of such property is subject to any Lien except Permitted Liens.

  • Real Property Interests Except for the ownership, leasehold or other interests set forth in the Information Certificate, no Credit Party has, as of the Closing Date, any ownership, leasehold or other interest in real property.

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

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