Property Items Clause Samples
The "Property Items" clause defines and lists the specific items of property that are included within the scope of an agreement, such as equipment, furniture, or fixtures. This clause typically details each item by description, quantity, and sometimes condition, ensuring both parties are clear on what is being transferred, leased, or otherwise dealt with. By clearly identifying the relevant property, this clause prevents disputes over ownership or responsibility and ensures both parties have a mutual understanding of what is covered by the contract.
Property Items. All keys and original copies of licenses and permits if any, in Seller’s possession, together with material property files and records which are in Seller’s possession (provided that Seller may retain copies of any such files and documents as it deems necessary); and
Property Items. All keys and all assignable licenses and permits, if any, in the possession of Seller or Seller’s agents, together with such non-confidential leasing and property files and records which are material in connection with the continued operation, leasing and maintenance of the Property.
Property Items. To the extent in Seller’s possession, all keys, the Hotel Books and Records and all assignable licenses and permits, if any, together with such non-confidential leasing and property files and records which are material in connection with the continued operation, leasing and maintenance of the Property; delivery of the foregoing may be effected by making them available at the Property.
Property Items. To the extent not previously delivered to Buyer, (i) originals of the assigned Contracts and permits or approvals, (ii) all plans and specifications related to the Land and the Improvements in Seller’s possession and control or otherwise available to Seller, (iii) a current certificate of occupancy (or comparable permit or license) with respect to the entirety of the Property and (iv) keys to all locks located in the Property, to the extent in Seller’s possession or control.
Property Items. All keys and (to the extent in Seller’s possession or control) the Intangible Property, together with the property files and records which are in Seller’s possession (provided that Seller may retain copies of any such files and documents as it deems necessary); and