Ownership of Real Property Clause Examples for Any Agreement
POPULAR SAMPLE Copied 4 times
Ownership of Real Property. Borrower has, or as of the Closing Date will have, and will continue to have fee simple title to Real Property, subject only to the Permitted Liens. The Borrower is the sole borrower under the Borrower Loan. Borrower shall make no changes to the Property, when it is built, or to the operation thereof that would affect the qualification of the Property under the Act. The Borrower intends to utilize the Property as multifamily rental housing during the Qualified Project Period (as defined in the Tax-Exempt Regulatory Agreement).
Ownership of Real Property. Set forth on Schedule 1 is a list of the addresses of all Real Property owned in fee by any Owner, subject to the Leases and Permitted Exceptions, the legal descriptions of which, to Seller’s knowledge, are set forth on Exhibit A to each of the Commitments.
Ownership of Real Property. Except as would not, individually or in the aggregage, reasonably be expected to have a Material Adverse Effect, each Credit Party has good, recordable and marketable title, in the case of Real Property (other than Leaseholds), and good title (or valid Leaseholds, in the case of any leased or subleased property), in the case of all other property, to all of its properties and assets necessary in the ordinary conduct of its business, free and clear of Liens other than Permitted Liens. The properties (and interests in properties) owned by the Credit Parties, taken as a whole, are sufficient, in the judgment of the Credit Parties, for conducting the businesses of the Credit Parties and their Restricted Subsidiaries. Schedule 5.12 sets forth all Real Property owned by the Parent Borrower or any of its Restricted Subsidiaries as of the Third Amendment Effective Date, showing, as of the Third Amendment Effective Date, the street address, county or other relevant jurisdiction, state, record owner and estimated fair value thereof.
Ownership of Real Property. Seller does not own any real property and does not own, hold or have any right to exercise any right to purchase any real property.
Ownership of Real Property. Except as would not reasonably be expected to have a Material Adverse Effect, each Credit Party has good, recordable and marketable title, in the case of Real Property (other than Leaseholds), and good title (or valid Leaseholds, in the case of any leased or subleased property), in the case of all other property, to all of its properties and assets necessary in the ordinary conduct of its business, free and clear of Liens other than Permitted Liens. The properties (and interests in properties) owned by the Credit Parties, taken as a whole, are sufficient, in the judgment of the Credit Parties, for conducting the businesses of the Credit Parties and their Restricted Subsidiaries. Schedule 5.12 sets forth all Real Property owned, leased or subleased by the Parent Borrower or any of its Restricted Subsidiaries as of the Closing Date, and the nature of the interest therein, is correctly set forth in, showing, as of the Closing Date, the street address, county or other relevant jurisdiction, state, record owner and estimated fair value thereof or, in the case of any leased or subleased property, the annual base rent payment.
Ownership of Real Property. Notwithstanding anything to the contrary, XXXXXX has and shall at all times retain its fee estate in the Childcare Center, Play Area, and other portions of the ILC that XXXXXX owns (“XXXXXX Property”), and nothing in this Agreement shall be deemed or construed to result in CCAG/NPSS having any lease-hold or other estate or interest in the XXXXXX Property.
Ownership of Real Property. Borrower owns a leasehold estate in the Real Property free and clear of all liens and encumbrances subject only to the lien for real estate taxes for the year in which the closing of the Loan occurs and such other matters as have been approved by Lender in writing.
Ownership of Real Property. The Contractor shall own all right, title and interest in the Disposal Facility necessary to enable the Contractor to perform its obligations at the Disposal Facility pursuant to this Agreement. The Contractor shall obtain and maintain any and all land use servitudes, easements, and rights-of-way necessary for the performance of the obligations of both the County and the Contractor at the Site pursuant to this Agreement. Among other things, the Contractor shall provide access to the Disposal Facility for the County during all times when the Facility is required to be open for business pursuant to Section 3.2, above.
Ownership of Real Property. 7.2.1.1 List of real property presently or in the past owned by the Company, together with
(a) the indication of the location and a brief description,
(b) the description of all encumbrances, and
(c) the date of purchase and the date of sale (if sold).
7.2.1.2 Excerpt of the land register for each property.
7.2.1.3 Appraisal report for each property.
7.2.1.4 Documentation of real property history for each property.
7.2.1.5 Information regarding neighborhood disputes.
7.2.1.6 Information regarding zoning law issues, including
(a) zoning plan,
(b) municipal zoning order,
(c) excerpt from the municipal development plan,
(d) excerpt from the state skeleton plan, and
(e) information regarding potential zoning law amendments.
7.2.1.7 Information regarding parking regulations (municipal and cantonal).
7.2.1.8 Files on construction permits.
7.2.1.9 Building plans, including plan indicating the current use.
7.2.1.10 Building insurance appraisal.
7.2.1.11 Annual building maintenance cost.
Ownership of Real Property. The Registered Owner has no beneficial interest in the Real Property and has carried on no business or activity of any kind whatsoever other than holding legal title to the Real Property and other property in trust for the Vendor and dealing with the Real Property and the Employees on behalf of and as directed by the Partnership.