Property Matter definition
Examples of Property Matter in a sentence
The foregoing shall not limit any licenses or rights granted under the Intellectual Property Matter Agreements or herein.
Section 5, Intellectual Property Matter is hereby restated in its entirety as follows: This contract does not contemplate, authorize or support acquisition of custom software products or services.
Neither party, as of the date of this letter agreement, knows of any right that it has to terminate the Agreements other than item (iii) in the definition of "Real Property Matter" in the SPC Agreement.
Notwithstanding the above, any Immovable Property Matter that has been disclosed in a Schedule to this Agreement (other than the title policies attached as Exhibit 4.6(a)(i) to Schedule 4.6(a)(i)) or in the Business Financial Statements, shall not form the basis of an Immovable Property Notice.
Purchaser shall have obtained from Commonwealth Land Title Insurance Company commitments to issue owner's policies of title insurance providing that upon due recordation of an appropriate deed such title company shall insure that the title to each parcel of the Real Property shall be vested in Purchaser free and clear of any Real Property Matter.
By delivery of Buyer’s Acceptance Notice to Seller and the closing of this transaction, except for a breach of any representation or warranty or any indemnity obligation of Seller set forth in this Agreement, Buyer shall conclusively deemed, for itself and its successors and assigns, to have waived all claims against Seller with respect to any Property Matter or otherwise with respect to the Property or this Agreement, whether then known or unknown.
If any such review by Buyer shall reveal an Immovable Property Matter (as hereinafter defined) with respect to the Immovable Property, Buyer shall deliver to Sellers a written notice describing the Immovable Property Matter (the "Immovable Property Notice") by the end of the Immovable Property Audit Period.
No Real Property Matter presently exists nor will any Real Property Matter exist on or as of the Closing Date.
Any Immovable Property Matter which has been disclosed in the Immovable Property Audit Documents and is not included in an Immovable Property Notice delivered by the Buyer to Sellers shall be deemed to be accepted by Buyer and shall not give rise to a right to terminate the Agreement as provided in Section 6.7(b).
In addition, the Immovable Property Audit Period specified in Section 6.7 shall have expired and either (i) Buyer shall not have served an Immovable Property Notice on Sellers, or (ii) any Immovable Property Matter disclosed in an Immovable Property Notice shall have been cured to Buyer's satisfaction.