Title to the Land. RESOURCE represents and warrants that RESOURCE’s title to the Assets is good and marketable and on the Closing shall be free and clear of any lien, claim or encumbrance, except the following (the “Permitted Exceptions”):
Title to the Land. Except as may be more fully set forth on Schedule B(2) of the Title Commitment (as defined in Section 5.3 herein), Seller owns good and marketable title to the Land, and at Closing the Land will be free and clear of any lien, mortgage, charge, restriction, pledge, security interest, option, lease, claim, easement, encroachment or encumbrance ("Lien"), no person has an option to purchase the Land, and except as set forth on Schedule 4.1(g):
Title to the Land. (a) At the Closing, the Company will own the Land free and clear of liens and encumbrances (including free of any interest of the Prior Lessee as a result of the termination of any lease agreement with the Prior Lessee), except for the items disclosed in that certain Preliminary Title Report issued by Western Nevada Title Company, dated as of January 21, 2015, and those items created or caused by Buyer (collectively, the “Permitted Exceptions”).
Title to the Land. During the term of this Agreement and the Joint Venture Agreement, unless otherwise agreed by the Joint Venturers, and subject to completion of all the Contract(s) for Sale, the Landowner must remain the registered owner of the Land.
Title to the Land. Ground Lessor owns title to the Land in fee simple, subject only to Permitted Liens. The Ground Lease is in form and substance sufficient to convey a valid leasehold estate to Ground Lessee, subject only to Permitted Liens. Ground Lessee will at all times during the Construction Period and the Lease Term have good and marketable title to a valid leasehold estate in the Land, and Lessor will at all times during the Construction Period and the Lease Term have good and marketable title to a valid sublease hold estate in the Land and in fee simple to all Improvements located on the Land, in each case subject only to Permitted Liens. Ground Lessor will at all times during the Lease Term have marketable title in fee simple to the Land subject only to Permitted Liens.