Owned Real Property definition
Examples of Owned Real Property in a sentence
The Company and the Company Subsidiaries have good and marketable title in fee simple to the Owned Real Property, free and clear of any Liens, other than Permitted Liens.
Neither the Company nor any Company Subsidiary has received any notice of any pending nor, to the Knowledge of Sellers, does there exist any threatened condemnation, eminent domain or similar proceedings affecting any of the Owned Real Property.
The Company and the Company Subsidiaries, as applicable, have not granted any option or right of first refusal or first opportunity to any Person to acquire any direct interest in the Owned Real Property or any portion of it.
There are no third parties in or entitled to possession, occupancy or use of the Owned Real Property, except for Permitted Liens.
The Company has made available to Buyer true, correct and complete copies of all title insurance policies and surveys to the extent the same are within the possession and control of the Company and the Company Subsidiaries relating to the Owned Real Property.