Common use of Acquired Real Property Clause in Contracts

Acquired Real Property. In the event the Grantor hereafter acquires any interest in any Real Property, the Grantor shall promptly: (a) provide the Collateral Agent with a description of the location of the applicable Real Property; (b) provide the Collateral Agent with a legal description of such Real Property sufficient to enable the Collateral Agent to record the financing statements in the appropriate Real Property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.

Appears in 2 contracts

Samples: Security Agreement (Chromocell Therapeutics Corp), Security Agreement (Chromocell Therapeutics Corp)

AutoNDA by SimpleDocs

Acquired Real Property. In the event the any Grantor hereafter acquires any interest in any Real Property, the such Grantor shall promptly: (a) provide the Collateral Agent with a description of the location of the applicable Real Property; (b) provide the Collateral Agent with a legal description of such Real Property sufficient to enable the Collateral Agent to record the financing statements in the appropriate Real Property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.

Appears in 1 contract

Samples: Security Agreement (Unrivaled Brands, Inc.)

AutoNDA by SimpleDocs

Acquired Real Property. In the event the any Grantor hereafter acquires any interest in any Real Propertyreal property, the such Grantor shall promptly: (a) provide the Collateral Agent with a description of the location of the applicable Real Propertyreal property; (b) provide the Collateral Agent with a legal description of such Real Property real property sufficient to enable the Collateral Agent to record the financing statements in the appropriate Real Property real property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.

Appears in 1 contract

Samples: Security Agreement (Vsee Health, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.