Transfer of Real Property Sample Clauses

Transfer of Real Property. Landlord’s obligations under this Lease shall not be binding upon the Landlord named herein after the sale, conveyance, assignment or transfer (collectively, a “Transfer”) by such Landlord (or upon any subsequent landlord after the Transfer by such subsequent landlord) of its interest in the Building or the Real Property, as the case may be, and in the event of any such Transfer, Landlord (and any such subsequent Landlord) shall be entirely freed and relieved of all covenants and obligations of Landlord hereunder arising from and after the date of Transfer and the transferee of Landlord’s interest (or that of such subsequent Landlord) in the Building or the Real Property, as the case may be, shall be deemed to have assumed all obligations under this Lease arising from and after the date of Transfer.
AutoNDA by SimpleDocs
Transfer of Real Property. Landlord's obligations under this Lease shall not be binding upon the Landlord named herein after the sale, conveyance, assignment or transfer (collectively a "Transfer") by such Landlord (or upon any subsequent landlord after the Transfer by such subsequent landlord) of its interest in the Building or the Real Property, as the case may be, and in the event of any such Transfer, Landlord (and any such subsequent Landlord) shall be entirely freed and relieved of all covenants and obligations of Landlord hereunder, and the transferee of Landlord's interest (or that of such subsequent Landlord) in the Building or the Real Property, as the case may be, shall be deemed to have assumed all obligations under this Lease.
Transfer of Real Property. Landlord’s obligations under this Lease shall not be binding upon the Landlord named herein after the sale, conveyance, assignment, transfer or lease of Landlord’s interest (collectively, a “Transfer”) by Landlord (or upon any subsequent landlord after the Transfer by such subsequent landlord) of its interest in the Buildings or the Real Property, as the case may be (except for such obligations as accrued prior to such Transfer unless such subsequent landlord assumes in writing such obligations which accrued prior to such transfer), and in the event of any such Transfer, Landlord (and any such subsequent landlord) shall be entirely freed and relieved of all covenants and obligations of Landlord hereunder accruing from and after such Transfer (unless such subsequent landlord shall have expressly agreed to assume Landlord’s obligations which accrued prior to the date of such Transfer in which event Landlord shall also be released from those existing obligations), and the transferee of Landlord’s interest (or that of such subsequent landlord) in the Buildings or the Real Property, as the case may be, shall be deemed to have assumed all obligations under this Lease accruing from and after such Transfer.
Transfer of Real Property. On or before the Closing, Company and Seller shall have caused the transfer of all rights, title and interest in the Real Property from the owners thereof to Buyer, without any additional consideration payable therefore by Buyer, as provided in Section 3.7.
Transfer of Real Property. Landlord’s obligations under this Amended and Restated Lease shall not be binding upon the Landlord named herein after the sale, conveyance, assignment or transfer (collectively, a “Landlord Transfer”) by such Landlord (or upon any subsequent landlord after the Landlord Transfer by such subsequent landlord) of its interest in the Building or the Real Property, as the case may be, and in the event of any such Landlord Transfer, Landlord (and any such subsequent Landlord) shall be entirely freed and relieved of all covenants and obligations of Landlord hereunder arising from and after the date of the Landlord Transfer, and the transferee of Landlord’s interest (or that of such subsequent Landlord) in the Building or the Real Property, as the case may be, shall be deemed to have assumed all obligations under this Amended and Restated Lease arising from and after the date of the Landlord Transfer.
Transfer of Real Property. In the event that the Petitioner transfers ownership of all or part of the Property prior to being reimbursed in full for approved costs of Eligible Activities under the Plan, the Plan may be further amended as it relates to reimbursement of incomplete activities or other Eligible Activities, on the parcel or parcels of real property that have been transferred. Such amendments will not be unreasonably withheld by the ELBRA. Amendments to the Plan shall be subject to the limitations and procedures governing amendments to Plans set forth in the Xxxxxxxxxx Redevelopment Financing Act. This Agreement shall be modified to reflect any such amendments to the Plan.
Transfer of Real Property. The transfers of the Real Property included in the Purchased Assets shall be in such forms as are customary for conveyances of real property on an “as is, where is” basis, but in Ontario shall contain the statements contemplated in clauses 50(22)(a) and (b) of the Planning Act (Ontario). Buyer shall pay the cost of registration of the transfers to it and any land transfer Taxes payable with respect thereto. This Agreement is subject to compliance with the subdivision control provisions of the Planning Act (Ontario) and any similar provisions under Applicable Law, and the Sellers covenant to comply with such provisions and obtain at their own expense any consents required in that regard prior to Closing. The Sellers and Buyer acknowledge and agree that in Ontario the transfer of real property will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, c.L4, as amended, and that the delivery of documents and the release thereof to the Buyer and Sellers shall be governed by a “Document Registration Agreement” to be entered into between the respective solicitors for the Buyer and the Sellers substantially in the current form prescribed by the Law Society of Upper Canada.
AutoNDA by SimpleDocs
Transfer of Real Property. Seller will execute and -------------------------- deliver to Buyer a transferable and recordable general warranty deed, pursuant to which Seller will transfer to Buyer marketable fee simple title to the Real Property, free and clear of all liens and encumbrances, excepting only the Permitted Exceptions. The general warranty deed will be in the form attached hereto as Exhibit J. The general warranty deed will expressly reserve for the benefit of Seller, as the owner of Adjacent Land (as that term is hereinafter defined), access and utility easements over the Land, so as to facilitate the development of the Adjacent Land, without materially, adversely impacting the efficient operation of the Real Property as a shopping center complex. Similarly, the general warranty deed will convey for the benefit of Buyer access and utility easements over the Adjacent Land (and, if required under any of the Leases, a parking easement), so as to facilitate the development and operation of the Land, without materially, adversely impacting the efficient development and operation of the Adjacent Land as a retail complex. The form, content and scope of such easement reservations and grants will be agreed to by Buyer and Seller during the Inspection Period.
Transfer of Real Property. The Vendor shall have transferred to ------------------------- the Corporation at or prior to the Time of Closing legal title to the real property (the "Brampton Property") municipally known as 000 Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxx and more particularly described in Schedule H, which real property is Real Property for all purposes of this Agreement.
Transfer of Real Property. USAF shall not transfer any real property comprising the federal facility except in compliance with CERCLA § 120(h) (42 U.S.C. § 9620(h)) and implementing regulations. At least thirty (30) days prior to any conveyance subject to Section 120(h) of CERCLA, USAF shall notify UDEQ of the proposed transfer of any real property subject to this Agreement and the provisions made for any additional response actions, if required.
Time is Money Join Law Insider Premium to draft better contracts faster.