Title to the Facility Sample Clauses

Title to the Facility. Any improvements permanently affixed to the Facility shall become part of the Facility. The Charter School shall have no right, title, or ownership interest in the Facility or any fixtures or other permanent additions and modifications thereto or replacements thereof by virtue of this Lease.
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Title to the Facility. It is the intention of each Party hereto that the Facility shall not constitute improvements or fixtures on the Licensed Lands or the Site, but that the Facility shall remain at all times the personal property of Producer. Generator shall notify in writing the holder of, or the agent for the holder of, any mortgage on the Licensed Land or the Site during the Term of this Agreement, and any purchaser of the Licensed Land or the Site during the Term of this Agreement prior to any sale, that the Facility does not constitute a fixture on the Licensed Land or the Site and is the personal property of Producer. Title to the Facility shall remain with Producer unless and until Producer transfers title thereof. For purposes of clarification, Producer acknowledges and agrees that the Refined Coal Scales were installed by Operator pursuant to the Operation Agreement but do not constitute part of the Facility and, upon installation, became the property of Generator, on an “as-is, where is” basis, free and clear of all liens, claims and other encumbrances, without any consideration being payable by Generator for the same. If requested by Xxxxxxxxx, Producer agrees to (or to cause Operator to) execute and deliver to Generator a bill of sale in form reasonably satisfactory to the Parties, evidencing the vesting of title to the Refined Coal Scales in Generator as described above.
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Title to the Facility. Title to the Facility shall have been cleared of any Encumbrances which are not Permitted Encumbrances
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Title to the Facility. It is the intention of each Party hereto that the Facility shall not constitute improvements or fixtures on the Licensed Lands or the Site, but that the Facility shall remain at all times the personal property of Producer. Generator shall notify in writing the holder of, or the agent for the holder of, any mortgage on the Licensed Land or the Site during the Term of this Agreement, and any purchaser of the Licensed Land or the Site during the Term of this Agreement prior to any sale, that the Facility does not constitute a fixture on the Licensed Land or the Site and is the personal property of Producer. Title to the Facility shall remain with Producer unless and until Producer transfers title thereof.
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Title to the Facility 
Sample 1

Related to Title to the Facility

  • Title to the Assets The Purchased Assets are owned by the Vendor with a good and valid title, free and clear of any and all encumbrances.

  • Title to the Property Borrower will warrant and defend the title to the Property, and the validity and priority of all Liens granted or otherwise given to Lender under the Loan Documents, subject only to Permitted Encumbrances, against the claims of all Persons.

  • Title to the Properties Borrower will warrant and defend (a) the title to each Individual Property and every part thereof, subject only to Liens permitted hereunder (including Permitted Encumbrances) and (b) the validity and priority of the Liens of the Mortgages and the Assignments of Leases on the Properties, subject only to Liens permitted hereunder (including Permitted Encumbrances), in each case against the claims of all Persons whomsoever. Borrower shall reimburse Lender for any losses, costs, damages or expenses (including reasonable attorneys' fees and court costs) incurred by Lender if an interest in any Individual Property, other than as permitted hereunder, is claimed by another Person.

  • Title to Properties The Company and each Subsidiary have good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of their respective businesses, except for such defects in title as could not, individually or in the aggregate, have a Material Adverse Effect. As of the Closing Date, the property of the Company and its Subsidiaries is subject to no Liens, other than Permitted Liens.

  • Title to Property The Company and its Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects except such as are described in Schedule 3(t) or such as would not have a Material Adverse Effect. Any real property and facilities held under lease by the Company and its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as would not have a Material Adverse Effect.

  • Good Title to Property The Company and each of the Subsidiaries has good and valid title to all property (whether real or personal) described in the Registration Statement, the Disclosure Package and the Prospectus as being owned by each of them, in each case free and clear of all liens, claims, security interests, other encumbrances or defects except such as are described in the Registration Statement, the Disclosure Package and the Prospectus and those that would not, individually or in the aggregate materially and adversely affect the value of such property and do not materially and adversely interfere with the use made and proposed to be made of such property by the Company and the Subsidiaries. All of the property described in the Registration Statement, the Disclosure Package and the Prospectus as being held under lease by the Company or a Subsidiary is held thereby under valid, subsisting and enforceable leases, without any liens, restrictions, encumbrances or claims, except those that, individually or in the aggregate, are not material and do not materially interfere with the use made and proposed to be made of such property by the Company and the Subsidiaries.

  • Title to the Shares Seller owns of record and beneficially the Shares of the Company, free and clear of all liens, encumbrances, pledges, claims, options, charges and assessments of any nature whatsoever, with full right and lawful authority to transfer the Shares to Buyer. No person has any preemptive rights or rights of first refusal with respect to any of the Shares. There exists no voting agreement, voting trust, or outstanding proxy with respect to any of the Shares. There are no outstanding rights, options, warrants, calls, commitments, or any other agreements of any character, whether oral or written, with respect to the Shares.

  • Title to Equipment Title shall vest in the Contractor to all equipment purchased hereunder.

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

  • Title to Acquired Assets Other than the Security Interests set forth on Section 2(d) of the Disclosure Schedule (which shall be released at or before the Closing) the Seller has good and marketable title to all of the Acquired Assets, free and clear of any Security Interest or restriction on transfer.

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