Venture Property Sample Clauses

Venture Property. Subject to the terms and conditions of this Agreement and pursuant to O.C.G.A. §§ 32-3-1, 32-3-3, and 36-9-3, Venture shall, at the consummation of the exchange contemplated by this Agreement, transfer, grant, assign, deliver, and convey to County, and County shall acquire, accept, and assume from Venture all right, title, and interest of Venture in and to the Venture Property.
Sample 1
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Venture Property. Each Grafx Xxxty has validly and effectively transferred and contributed to the Venture all property, rights and assets acquired by any Grafx Xxxty from MMG and TVG pursuant to the LOI, the Joint Venture Agreement and the Technology Transfer Agreement, in each case in such form and in such condition
Sample 1
Venture Property. Subject to the provisions of Article 4 hereof, all property, tangible and intangible, acquired or developed with funds of the Venture, shall constitute property of the Venture, whether or not such property is held in the name of the Venture or of an individual Party. Any property of a Party that is made available for use by the Venture shall remain the property of such Party, and such Party shall not be compensated for the use thereof unless otherwise agreed by a majority in interest of the Parties.
Sample 1
Venture Property. All property transferred by the Venturers to ----------------- the Venture as contributions to capital and any other property subsequently acquired, by purchase or otherwise, on account of the Venture shall be the property of the Venture.
Sample 1
Venture Property. Each Xxxxx Party has validly and effectively transferred and contributed to the Venture all property, rights and assets acquired by any Xxxxx Party from MMG and TVG pursuant to the LOI, the Joint Venture Agreement and the Technology Transfer Agreement, in each case in such form and in such condition as was received by such Xxxxx Party. Such transfer and contribution was (and is) made by such Xxxxx Party free and clear of any Liens created or permitted by any Xxxxx Party but without recourse (except as to such Xxxxx Party's own actions) and without any representation or warranty as to title or fitness for use. No Xxxxx Party has or claims any interest in any such property, rights or assets. The representation and warranty of each Xxxxx Party made in this Section 5.4 includes, but is not limited to, all right, title and interest of any Xxxxx Party in and to the following property, rights and assets:
Sample 1

Related to Venture Property

  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.

  • Exclusive Property The Executive confirms that all protected information is and shall remain the exclusive property of the Company Group. All business records, papers and documents kept or made by the Executive relating to the business of the Company shall be and remain the property of the Company Group.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • General Partnership Interest A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

  • Property The word "Property" means all of Grantor's right, title and interest in and to all the Property as described in the "Collateral Description" section of this Agreement.

  • Community Property Each spouse individually is bound by, and such spouse’s interest, if any, in any Optioned Shares is subject to, the terms of this Agreement. Nothing in this Agreement shall create a community property interest where none otherwise exists.

  • Partnership Interest Except as provided in this Agreement and the Transferor Partnership Agreement, no right (contingent or otherwise) to purchase or acquire the Transferor Partnership Interests held by such Transferor Partner is authorized or outstanding. Except as disclosed on Schedule 5.34, such Transferor Partner owns and holds the Transferor Partnership Interests set forth opposite its name on Schedule I beneficially and of record free and clear of any liens, pledges and encumbrances of any kind whatsoever and free of any rights of assignment of any third party. Prior to the Closing, all liens disclosed on Schedule 5.34 will be paid in full. Upon the Closing, good, valid, marketable, and indefeasible title to such Transferor Partnership Interests shall be vested in the BRI Partnership free and clear of any lien, claim, charge, pledge, encumbrance, limitation, agreement or instrument whatsoever. The provisions of this Section 5.34 shall survive the Closing indefinitely.

  • Condominiums If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development), or stock in a cooperative housing corporation, such condominium, cooperative or planned unit development project meets the eligibility requirements of Fxxxxx Mxx and Fxxxxxx Mac.

  • Other Properties If any Imposition shall be levied, charged, filed, assessed, or imposed upon or against the Leased Property, and if such Imposition shall also be a levy, charge, assessment, or imposition upon or for any other real or personal property that does not constitute a part of the Leased Property, then the computation of the amounts to be deposited under this Section 4.6 shall be based upon the entire amount of such Imposition and the Lessee shall not have the right to apportion any deposit with respect to such Imposition.

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