Examples of Individual Owners in a sentence
Neither the applicable Individual Owners nor the applicable Ground Lessor under any Ground Lease has commenced any action or given or received any written notice for the purpose of terminating such Ground Lease.
No Individual Property, the Collateral nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties (although there exist Ground Lease Purchase Options in favor of Individual Owners).
The reorganization, merger or consolidation of any one or both of the Individual Owners or any Mezzanine Borrower into or with any other Person.
Non-Natural Owner(s) For purposes of determining who receives the death benefit for a policy owned by a non-natural Owner, we will apply the rules for Individual Owner(s) as provided below in 2(a) or (b).
Individual Owners may request the Association to obtain on their behalves additional insurance coverage.
Upon payment for the Purchased Shares and Individual Shares as contemplated herein, the Sellers and Individual Owners will convey to Buyer all of such Person’s right, title and interest in and to, and valid title to, the Purchased Shares or the Individual Shares, free and clear of all Liens and any such limitation or restriction.
Concurrently with the foregoing transfer, ADGE hereby irrevocably agrees to transfer the applicable number of EuroSite Shares it owns to the Individual Owners, all as set forth on the signature page.
The Individual Owners also hereby relinquish, effective on the exchange, all of their rights with respect to warrants the Individual Owners own to purchase shares of EUSP common stock from ADGE, the amount underlying the warrants being 606,000 shares of EUSP common stock; the Individual Owners agree to immediately return after the exchange the related warrant certificates to ADGE for cancellation.
Notwithstanding anything to the contrary, the obligations of the Individual Owners and the Operating Lessees herein may be enforced only by Purchaser and not by any Seller.
The ASAP Representative and the CRG Representative shall have the sole authority to act on behalf of and to legally bind, respectively, ASAP Investors, its respective Seller Members and their respective Individual Owners, and CRG Investors, its respective Seller Members and their respective Individual Owners for all purposes of this Agreement and the Escrow Agreement, including without limitation pursuant to Articles VIII, IX, X, XI, and XII of this Agreement.