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.
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.
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.
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":
