Property Fence Sample Clauses

Property Fence. Within ninety (90) days of Closing, Purchaser shall complete the construction of a fence surrounding the perimeter of the Property, to conform in all aspects with the existing fence erected on portions of Square 2526, Lot 194 appurtenant to the Property, including, but not limited to, material, height, width, color, nature, kind, and shape, and specifications as set forth in Schedule 1.2.1 attached hereto and incorporated herein. Prior to and as a condition to Closing, Purchaser shall deposit with Antonoplos & Associates, Attorneys at Law, whose address is 0000 XxXxxxx Xxxxxx, X.X., Xxxxx 000, Xxxxxxxxxx, X.X. 00000 (the “Escrow Agent”) a monetary reserve (“Fence Reserve” in the amount of Two Hundred Fifty Thousand Dollars and No Cents ($250,000.00), separate from and in addition to the Purchase Price, to be held in escrow pending the completion of the fence to the satisfaction of Seller, with final approval of the fence to be granted in Seller’s sole and unreviewable discretion. Upon timely completion of the fence to the satisfaction of Seller, Seller shall authorize the Escrow Agent to release the funds in full to Purchaser. In the event the Purchaser fails to timely complete the fence to the satisfaction of Seller, the reserve funds shall be released to the Seller. In such event, Purchaser, on behalf of itself, its successors, heirs, and/or assigns, hereby (i) grants access to the Property to the Seller, its contractors, subcontractors, agents, and/or assigns, (ii) consents to and approves all action taken by the Seller to build and complete the fence, (iii) grants a limited power-of-attorney to sign on behalf of Purchaser any and all documents necessary to procure approvals, permits, and any other authorization required to build and complete the fence; and (iv) hereby waives any and all claims against the Seller that arise or may arise out of this provision, whether relating to the build of the fence, the release, retention, or expenditure of any of the reserved funds herein referenced, or otherwise.
Sample 1
AutoNDA by SimpleDocs

Related to Property Fence

  • Property Use The Property shall be used only for industrial, warehouse and office purposes, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's sole and absolute discretion.

  • Property Maintenance Maintain all of its property that is necessary to or useful in the proper conduct of its business in good working condition, ordinary wear and tear excepted.

  • B8 Property B8.1 Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Real Property Matters The Company does not own any real property as of the date hereof and has not owned any real property during the three years preceding the date hereof.

  • Property Description A document prepared as an exhibit for the conveyance of a property interest, reflecting a boundary survey, signed and sealed by a Registered Professional Land Surveyor (RPLS), attached to an acquisition deed as Exhibit A, and consists of the following two (2) parts:

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract.

  • Property Generally Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, subject only to Liens permitted by Section 7.02 and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

  • Property or Properties As the context requires, any, or all, respectively, of the Real Property acquired by the Company, either directly or indirectly (whether through joint venture arrangements or other partnership or investment interests).

  • Personal Property Loss An employee's personal property loss or damage by the action of a client shall be replaced or repaired at the expense of the Employer to a maximum of seven hundred and fifty ($750.00) dollars, subject to integration with one hundred (100%) per cent coverage by Workers' Compensation Board, provided that reasonable proof of the cause of such damage is submitted by the employee concerned within reasonable time of such loss or damage.

Time is Money Join Law Insider Premium to draft better contracts faster.