Examples of Subject Properties in a sentence
All persons with a lien interest in the Subject Properties have executed this Agreement, and those lienholders with a power of sale have subordinated such liens to the position of the BOCC under this Agreement.
Purchaser has all requisite power and authority to enter into this Agreement for the purchase of the Subject Properties on the terms described herein and to perform its obligations hereunder.
To the best of Sellers’ knowledge, there are no claims, legal actions, suits, judicial or administrative proceedings, or governmental investigations pending or threatened which involve or may involve the Subject Properties, the operations being conducted thereon, or the purchase, sale, transportation, or processing of production or products therefrom.
No part of any of the Subject Properties or the Buildings and Fixtures located on the Subject Properties has been taken or expropriated by any Governmental Entity, no written notice or proceeding in respect of an expropriation has been given or commenced nor is the Borrower aware of any intent or proposal to give any such notice or commence any proceedings, that in any case, could reasonably be expected to have a Material Adverse Effect.
After the parties have agreed upon the Allocated Value for the Subject Properties, Sellers will be deemed to have accepted such Allocated Value for purposes of this Agreement and the transactions contemplated hereby, but otherwise make no representation or warranty as to the accuracy of such values.