Acceptable Encumbrances Sample Clauses

Acceptable Encumbrances. A Transmission Owner that has issued Local Furnishing Bonds may become a Participating TO under Section 2.2 even though covenants or restrictions applicable to the Transmission Owner’s Local Furnishing Bonds require the CAISO’s Operational Control to be exercised subject to Encumbrances, provided that such Encumbrances do not materially impair the CAISO’s ability to meet its obligations under the CAISO Tariff or the Transmission Owner’s ability to comply with the TO Tariff.
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Acceptable Encumbrances. A Transmission Owner that has issued Local Furnishing Bonds may become a Participating TO under Section 2.2 even though covenants or restrictions applicable to the Transmission Owner’s Local Furnishing Bonds require the ISO’s Operational Control to be exercised subject to Encumbrances, provided that such Encumbrances do not materially impair the ISO’s ability to meet its obligations under the ISO Tariff or the Transmission Owner’s ability to comply with the TO Tariff.
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Acceptable Encumbrances. The Seller shall convey and transfer to the Buyer or the Buyer's designee at each of the several closings hereunder, good and marketable fee simple title to the Property being purchased, free and clear of all liens, encumbrances, objections, defects, exceptions, irregularities, encroachments and other survey defects, and possessory interests in favor of third parties, except those that can be and are discharged by the Seller at or before closing, and the following, herein collectively called the "Acceptable Encumbrances":
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Acceptable Encumbrances. Notwithstanding the terms and provisions of Paragraph 5 hereof, this lease is made expressly subject to certain valid and existing easements, leases, rights of way, oil, gas and mineral rights, and restrictions which are presently of record.
Sample 1

Related to Acceptable Encumbrances

  • Title; Encumbrances Is the Property sold subject to any Encumbrances? No Yes, listed below: ■ WARNING TO SELLER: You are required to disclose all Title Encumbrances which will remain after settlement (for example, easements on your title and statutory easements for sewerage and drainage which may not appear on a title search). Failure to disclose these may entitle the Buyer to terminate the contract or to compensation. It is NOT sufficient to state "refer to title", "search will reveal", or similar. Tenancies: TENANTS NAME: ■ If the property is sold with vacant possession from settlement, insert 'Nil'. Otherwise complete details from Residential Tenancy Agreement. TERM AND OPTIONS: STARTING DATE OF TERM: ENDING DATE OF TERM: RENT: BOND: $ $ Managing Agent: AGENCY NAME: PROPERTY MANAGER: ADDRESS: SUBURB: STATE: POSTCODE: PHONE: FAX: MOBILE: EMAIL: POOL SAFETY

  • No Encumbrances Borrower has good and indefeasible title to the Collateral, free and clear of Liens except for Permitted Liens.

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

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