Deeded Property definition

Deeded Property means the land, and all buildings, structures, improvements, machinery, equipment or fixtures erected on, above, or under the land, to which the County has obtained title after the exhaustion of the redemption period pursuant to ORS 312.200.
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Examples of Deeded Property in a sentence

  • Parent shall notify the Company of any such transfer and identify the related Deeded Property and transferee no later than five Business Days prior to the Effective Time.

  • Parent may direct the transferee of such Deeded Property to deliver a portion of the Cash Consideration; provided, however, that Parent shall be liable for any failure of the transferee to deliver such Cash Consideration.

  • Any transfer Taxes, recording fees and other costs incurred by the Company or the relevant Company Subsidiary in connection with such transfer of a Deeded Property shall be the responsibility of Parent.

  • Purchaser represents and certifies that it is the fee owner of the Deeded Property as of the date of execution of this Release of Liability.

  • For purposes of this Section 7, the "Deeded Property" shall mean the property on Flagstaff Mountain which was the subject of the Company’s application for a metes and bounds subdivision presented to the Park City Planning Commission (the "Commission") at a meeting of the Commission on March 26, 2003.

  • If any term, provision, agreement, covenant or restriction of this Release of Liability, or the application of it to any Person Substances), which Purchaser has incurred or may at any time incur in connection with the Deeded Property, and Purchaser specifically agrees that if any Claim is brought against Purchaser arising out of any Environmental Law, Purchaser shall have no claim of any kind or nature against any Seller Party.

  • The Property is Deeded Property; Fairhope Single Tax Corporation Property.

  • PROPERTIES: collectively, the parcels of real property and Improvements thereon owned by the respective Borrowers and encumbered by the Mortgages; together with all rights pertaining to such real property and Improvements, and all other collateral for the Loan as more particularly described in the Granting Clauses of the Mortgages and referred to therein as the Mortgaged Property, the Deeded Property or the Trust Property.

  • The Property is _ Deeded Property; _ Fairhope Single Tax Corporation Property.

  • The covenants, terms, conditions, and restrictions of this Release of Liability shall be binding upon, Purchaser and Purchaser’s Related Parties and shall inure to the benefit of the Seller Parties and shall continue as a servitude running with the Deeded Property.