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

  • 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.

  • 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.

  • With respect to monetary liens recorded against the Existing Property (other than Approved Existing Exceptions, non-delinquent taxes and assessments and monetary liens Approved by the Executive Committee or otherwise caused by DMB), Tejon shall remove such liens, if any, on or before the contribution of the Existing Property.

  • With respect to monetary liens recorded against the Existing Property (other than Approved Existing Exceptions, non- delinquent taxes and assessments and monetary liens Approved by the Executive Committee or otherwise caused by DMB), Tejon shall remove such liens, if any, on or before the contribution of the Existing Property.

  • Review of Existing Exceptions in Titles 26 through 39-A The Subcommittee began its review of 27 exceptions tabled by the Subcommittee in 2012; the previous Subcommittee did not make any recommendation with regard to any of these exceptions.

  • Within fifteen (15) days after the Effective Date, Seller will, at Seller's expense, deliver or cause to be delivered to Buyer a current commitment ("Title Commitment") for a New Mexico Form 1 (ALTA 2006) owner's title insurance policy for the Real Property issued by the Title Company, together with legible copies of all documents shown on and instruments referred to in the Title Commitment ("Existing Exceptions").

  • Developer shall have the right examine the Title Commitment and Survey during the Due Diligence Period and determine whether the Existing Exceptions are acceptable to Developer, in its sole and absolute discretion, and to deliver Title Objections to the extent that any Existing Exceptions are not acceptable to Developer.

  • 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.

  • At the Closing, Seller will convey to Buyer good, valid and merchantable title to the Assets, free and clear of any and all liens, charges, claims, security interests and encumbrances of any kind or nature whatsoever and of any such agreement or understanding (including, without limitation, the Existing Exceptions), except as expressly agreed to in writing by Buyer.

  • Protected Class Policy and Existing Exceptions As acknowledge by CMS, the protected class policy originated out of a need to ensure the most vulnerable beneficiaries enrolled in Medicare or as dual-eligible for Medicare and Medicaid maintain uninterrupted or unimpeded access to medications covered under the Part D program that are critical to safely and effectively treating patients with specified conditions such as mental health disorders, epilepsy, cancer, HIV/AIDS, and organ transplantation.


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 any liens or other exceptions set forth on SCHEDULE 1 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:
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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 to the Acquiror as determined pursuant to Section 2.2.

  • 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 that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

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

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Existing Survey means the existing ALTA survey of the Property.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Permitted Encumbrances means:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Existing Liens means Liens on the property or assets of the Company and/or any of its Subsidiaries existing on the date of this Indenture securing Indebtedness of the Company or any of its Subsidiaries (other than Liens incurred pursuant to clause (1) of Section 4.07 hereof).

  • Immaterial Title Deficiencies means minor defects or deficiencies in title which do not diminish more than 2% of the aggregate value of the Oil and Gas Properties evaluated in the Reserve Report used in the most recent determination of the Borrowing Base.

  • Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the title insurance policy or title commitment delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • Existing Mortgages means the Mortgages executed and delivered in connection with the Existing Credit Agreement.