Property Interests. If the Executive's employment with the Company is terminated, and within three years of such termination, the Executive acquires directly or indirectly other than from the Company or its subsidiaries any present or future interest in any mining claims or properties or mineral interests within 10 kilometers of the external boundaries of any mineral property held by the Company during the time the Executive was employed by the Company, the Executive will offer the Company, in writing the right to acquire such interest in exchange for reimbursement of his direct and indirect acquisition costs. The Company shall have 30 days after receipt of such offer to accept the offer and 90 days after receipt of such offer to reimburse such costs.
Property Interests. No real or other property of the Company or any Series shall be deemed to be owned by any Member individually, but shall be owned by and title shall be vested solely in the Company or the Series, as applicable. The Interests of the Members shall constitute personal property.
Property Interests. If the Executive’s employment with the Company is terminated, and within three years of such termination, the Executive acquires for his account, directly or indirectly, other than from the Company or its subsidiaries any present or future interest in any mining claims or properties or mineral interests within 10 kilometers of the external boundaries of any mineral property held by the Company during the time the Executive was employed by the Company, the Executive will offer the Company, in writing the right to acquire such interest in exchange for reimbursement of his direct and indirect acquisition costs. The Company shall have 30 days after receipt of such offer to accept the offer and 90 days after receipt of such offer to reimburse such costs. For further clarity, the requirements of the Section 6.5 shall not preclude a company that employs the Executive subsequent to the termination of the Executive’s employment with the Company from acquiring, directly or indirectly, any present or future interest in any mining claims or properties or mineral interests wherever situated for the account of such company.
Property Interests. All tangible, intangible and mixed property interests (which include any and all rights and licenses, express or implied) that arise as a result of the Development Work under this Agreement shall be owned by the Participants as tenants in common in undivided ownership interests; subject, however, to the limitations set forth in this
Property Interests. The RDT Interests are free and clear of adverse claims created by, through or under RDT except those arising in the ordinary course of business and that would not have a Material Adverse Effect on RDT and, to its knowledge, RDT holds the RDT Interests under valid and subsisting patents and licenses or other agreements except where the failure to so hold the RDT Interests would not have a Material Adverse Effect on RDT.
Property Interests. All of Seller’s, right, title and interest in and to the following shall herein be called the Property Interests:
Property Interests. Most of the Bank’s properties are used in the Bank’s operations and those properties that are not used as bank premises are leased to third parties (including DSFH) to generate rental income or are vacant pending sale or lease. As at 31st December, 2005, the Bank had 41 branches in Hong Kong, 17 of which operated in premises owned by the Bank and 24 of which were leased from third parties. As at 31st December, 2005, the Bank owned a total of 24 properties, the aggregate value of which was HK$1,307 million. Of the 24 properties owned by the Bank, 13 were occupied exclusively by members of the Bank, 6 were partially leased to third parties, 4 properties were leased exclusively to third parties and 1 was vacant pending lease or sale. The valuations of the owned properties were carried out by independent property valuers. As at 31st December, 2005, the carrying value of the Bank’s owned properties used, in whole or in part, as the Bank’s branches and offices amounted to HK$ 987 million and the value of the Bank’s investment properties leased to third parties or vacant amounted to HK$ 320 million, based on an independent professional valuation conducted as at 31st December, 2005.
Property Interests. All of the present and after-acquired right, title, interest and estate of the Chargor in and to:
Property Interests. 1. It is understood and agreed that the Property described in Exhibit “A” and depicted on Exhibit “B” is being transferred to the CITY by the undersigned GRANTOR. The Property includes all of GRANTOR’s right, title and interest in any and all easements, rights of way and other appurtenant rights benefiting the Property.
Property Interests. District shall acquire all land, easements, and rights of way required for the construction, operation, and maintenance of the First Expansion Facilities including real property interests owned by City where applicable. City shall assist with the identification and acquisition of all water storage sites within its respective Service Areas. If City either acquires real property for District’s portion of the First Expansion Facilities, or agrees to the utilization of already owned property for District’s portion of the Project, then District shall acquire the real property from City at the Property Cost.
