Existing Exceptions definition

Existing Exceptions means the encumbrances which affect Landlord's title to the Property and which are set forth in Exhibit B attached hereto, together with the Lease itself, together with such additional encumbrances on the title to the Property as are created by or at the request or with the consent of Tenant in accordance with the terms of the Lease, exclusive, however, of any mortgage, liens, deeds to secure debt or other loan documents encumbering fee title to the Property.
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Existing Exceptions means: (a) applicable zoning, subdivision, building and other land use laws and regulations; (b) all matters, whether or not of record, that arise by, through or under Developer or its agents, representatives or contractors; (c) the lien of real estate taxes and assessments not yet due and payable, subject to adjustment as provided herein; and (d) all other matters shown on or referenced in the Title Commitment or the Survey as of the date hereof or during the Due Diligence Period.
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Existing Exceptions means those matters set forth in Exhibit ”B” attached hereto and incorporated herein by this reference.
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Examples of Existing Exceptions in a sentence

  • Tenant shall have the title to the Property examined and give written notice to Landlord within thirty (30) days following Tenant's receipt of the Exercise Notice of any Title Objections disclosed by such initial examination or by a survey of the Property other than the Existing Exceptions.

  • The Agency shall not permit or cause to be created during the period of its ownership any exceptions to title other than the Existing Exceptions.

  • Notwithstanding the foregoing, prior to the contribution of the Existing Property to the Company, Tejon may, without the Approval of the Executive Committee or the Developers, enter into agreements for or otherwise permit hunting and the grazing of livestock on the Existing Property and engage in or otherwise allow any other party to engage in any activity specifically permitted pursuant to the Approved Existing Exceptions.

  • If Buyer fails to timely provide written notice of Disapproved Exceptions, all Existing Exceptions (other than Disapproved Monetary Liens) will be deemed Permitted Exceptions.

  • If Purchaser objects to any of the Existing Exceptions, it shall provide written notice to Seller prior to expiration of the Feasibility Period, in which event this Agreement shall terminate, Purchaser shall be entitled to receive the return of the Deposit and neither party shall have any further liabilities or obligations to the other party, except for those expressly stated to survive the termination of this Agreement.

  • The Existing Exceptions, together with any other exceptions to which Buyer does not object within such ten (10) day period as aforesaid, shall constitute "Permitted Exceptions" hereunder, and Buyer shall be conclusively deemed to have waived its right to object thereto.

  • Notwithstanding the foregoing, prior to the contribution of the Existing Property to the Company, Tejon may, without the Approval of the Executive Committee, enter into agreements for or otherwise permit hunting and the grazing of livestock on the Existing Property and engage in or otherwise allow any other party to engage in any activity specifically permitted pursuant to the Approved Existing Exceptions.

  • Said lease shall convey to Tenant a leasehold interest in the Real Property pursuant to this Ground Lease which shall not be subject to any exceptions to title other than the following (the "PERMITTED EXCEPTIONS"): (a) the Existing Exceptions; (b) the Leases (as defined in the Executory Lease Agreement); (c) the rights of Landlord under this Ground Lease; and (d) any other exceptions to title approved in writing by Tenant.

  • Seller is the sole and unconditional legal and equitable owner of the Assets free and clear of any and all liens, charges, claims, security interests or encumbrances of any kind or nature whatsoever and of any agreement or understanding with respect to the use or possession thereof except as set forth in Schedule 2.1(d) (the "Existing Exceptions").

  • The fourth paragraph within Paragraph 7.1 of the Agreement is hereby deleted in its entirety and the following provision is substituted in its place: "Purchaser agrees to purchase the Property with the Existing Exceptions.


More Definitions of Existing Exceptions

Existing Exceptions mean those matters set forth on Exhibits D-1 through D-4 attached hereto and incorporated herein by this reference.
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Existing Exceptions means a lien against the Property for real estate taxes not yet due and payable and those other matters affecting title to the Property as are set forth on Exhibit D attached hereto.
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Existing Exceptions those certain exceptions to title to the Property set forth on Exhibit B attached hereto.
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Existing Exceptions means those matters affecting title to the Property as are set forth on Exhibit C attached hereto.
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Existing Exceptions means and refer to the following, and any other exceptions contained in Buyer’s Survey as referenced in Section 9.2 herein: 2.9.1 Easement in favor of the City of Ocala recorded May 13, 1991, in Book 1737, Page 909, Public Records of ▇▇▇▇▇▇ County, Florida; 2.9.2 Master Development Agreement as set forth in instrument recorded in Book 5564, page 45; First Amendment in Book 5857, page 365; Qualified Purchaser Agreement in Book 5904, page 1775; Release in Book 5904, page 1801, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.3 Development Entitlements Agreement as set forth in instrument recorded in Book 5821, page 1137, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.4 Easement recorded in Book 5904, page 1679, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.5 Access Easement Agreement SW as set forth in instrument recorded in Book 5904, page 1703, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.6 Access Easement Agreement NW as set forth in instrument recorded in Book 5904, page 1736, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.7 Access Agreement as set forth in instrument recorded in Book 5904, page 1756, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.8 Recorded Notice of Environmental Resource Permit as set forth in instrument recorded in Book 6039, Page 1309, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.9 Recorded Notice of Environmental Resource Permit as set forth in instrument recorded in Book 6103, page 634, Public Records of ▇▇▇▇▇▇ County, Florida. 2.9.10 Easement granted by Current Owner to Seller for ingress, egress, and utilities, across the portion of the Property depicted in Exhibit “D”, as contemplated by the Prime Contract.
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Existing Exceptions means any liens or other exceptions set forth on SCHEDULE 1 attached hereto.
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Related to Existing Exceptions

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory or deemed satisfactory to Purchaser as determined pursuant to Section 2.4(e) hereof.

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

  • Exceptions means the conditions set out in Standard Licence Condition 14A.3 of our Licences, which are: (i) if your previous supplier has prevented