Examples of Transferred Real Property in a sentence
Each Seller owns and has valid title to the Transferred Real Property that is Owned Real Property owned by it and has valid leasehold or subleasehold interests, as the case may be, in all of the Transferred Real Property that is Leased Real Property leased or subleased by it, in each case, free and clear of all Encumbrances, other than Permitted Encumbrances.
Each of Sellers and the Purchased Subsidiaries has complied with the terms of each lease, sublease, license or other Contract relating to the Transferred Real Property to which it is a party, except any failure to comply that would not reasonably be expected to have a Material Adverse Effect.
Neither Seller nor any of its Subsidiaries has granted any lease, license or sublicense to use the material Transferred Real Property, other than Permitted Encumbrances.
With respect to the Allied Paper Mill Transferred Real Property, the Environmental Custodial Trust shall at all times maintain (i) the Custodial Trust Response Cost Account, (ii) the Custodial Trust Restoration Cost Account, and (iii) the Custodial Trust MDNRE Cost Account.
Such written request shall specify what expenditures by the Lead Government Agency the funds would reimburse and shall certify that such expenditures by the Lead Government Agency were only for Environmental Actions and/or oversight costs with respect to the Transferred Real Property and related Site.