Agreement Affecting Real Property Sample Clauses

Agreement Affecting Real Property. The DDA is hereby amended by replacing in its entirety the “Agreement Affecting Real Property” attached to the DDA as Attachment No. 13 with the “Agreement Affecting Real Property” attached hereto as Exhibit No. 8 and incorporated herein by this reference.
Sample 1
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Agreement Affecting Real Property. The term “Agreement Affecting Real Property” shall mean that certain Agreement Affecting Real Property (Including Rental Restrictions) conforming in form and substance with the Revised Form of Agreement Affecting Real Property attached to the DDA as Attachment No. 6 and incorporated herein by this reference.
Sample 1
Agreement Affecting Real Property. As a covenant running with the land, the Developer and its successors and assigns to the Site or any portion thereof shall be obligated to comply with the provisions set forth in the Agreement Affecting Real Property attached hereto as Exhibit 7 and incorporated herein by this reference. The Agreement Affecting Real Property shall be executed by the Parties and recorded against the Site upon completion of all improvements. The Parties execution and recordation of the Agreement Affecting Real Property is a material inducement for the City to enter into the OPA.
Sample 1
Agreement Affecting Real Property a. Owner shall execute, notarize and record against the Property the Second Amendment to AARP. The covenants contained in the First Amended AARP, as modified by the Second Amendment to AARP shall, without regard to technical classification and designation, be binding for the benefit and in favor of City, its successors and assigns, and any successor in interest to the Property and the Project or any part thereof.
Sample 1
Agreement Affecting Real Property. Concurrently with the Construction Closing, (i) the Parties shall execute and cause the Agreement Affecting Real Property to be filed in the Official Records against both the Leasehold and the Property, in substantially the same form attached to this Agreement as Attachment No. 6, which is incorporated herein by this reference; and (ii) the Agency shall execute and cause the Notice of Affordability Restrictions to be filed in the Official Records against both the Leasehold and the Property, consistent with CRL Section 33334.3(f)(3). To the extent necessary to allow recordation, and upon the Agency’s request, Owner shall execute and deliver to the Agency the Notice of Affordability Restrictions.
Sample 1
Agreement Affecting Real Property. As a material part of the consideration for this Agreement, Owner covenants and agrees for itself, its successors, its assigns and every successor in interest to the Property or any part thereof, that, as a condition precedent to the Closing, Owner shall execute in recordable form the Agreement Affecting Real Property in substantially the form appended to this Agreement as Attachment No. 6 and incorporated herein by this reference. The Agreement Affecting Real Property and the Notice of Affordability Restrictions (Attachment No. 19) shall be recorded against the Property (i.e., the fee estate, not the Leasehold Estate) in a first priority position senior to all liens and encumbrances (including, without limitation, any Senior Loan). As a condition precedent to the Closing, Owner shall obtain and cause to be recorded (as applicable), at Owner’s sole cost and expense, any instruments necessary and/or appropriate to subordinate to the Agreement Affecting Real Property (to the reasonable satisfaction of Agency Executive Director) any deeds of trust, mortgages, security instruments, other liens, leases, subleases, and/or other agreements affecting title to or possession of or providing a security interest in Property which otherwise are or might be senior to the Agreement Affecting Real Property.
Sample 1
Agreement Affecting Real Property. ‌ Concurrently with the Closing, Developer and Agency shall execute and cause the recordation of an Agreement Affecting Real Property, which shall be senior to any security instruments, liens, or encumbrances.
Sample 1
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Agreement Affecting Real Property a. Concurrently with the Construction Closing, (i) the Parties shall execute and cause the Agreement Affecting Real Property to be filed in the Official Records against the Property in substantially the same form attached to this Agreement as Attachment No. 6, which is incorporated herein by this reference; and (ii) the City shall execute and cause the Notice of Affordability Restrictions to be filed in the Official Records against the Property consistent with CRL Section 33334.3(f)(3). To the extent necessary to allow recordation, and upon the City’s request, Owner shall execute and deliver to the City the Notice of Affordability Restrictions.
Sample 1

Related to Agreement Affecting Real Property

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Acquisition of Property The Contractor shall document that all property was acquired consistent with its engineering, production planning, and property control operations.

  • Right of Way and Real Property The party named in Article 1, Responsible Parties, under AGREEMENT is responsible for the provision and acquisition of any needed right of way or real property. The Local Government shall be responsible for the following:

  • REPLACEMENT OF PERSONAL PROPERTY (A) An employee, while on duty and acting within the scope of employment, who suffers damage or destruction of the employee’s watch or prescription glasses, or other items of personal property as have been given prior approval by the agency as required to adequately perform the duties of the position, will be reimbursed as provided herein.

  • Leased Real Property Section 3.13(b) of the Company Disclosure Letter contains a true, correct and complete list of (i) all of the real property that is leased, subleased, licensed or otherwise used or occupied by, the Company or any of its Subsidiaries (such property, the “Leased Real Property”) and (ii) all leases, subleases, licenses or other Contracts pursuant to which the Company or its Subsidiaries use or occupy, or have the right to use or occupy, now or in the future, such Leased Real Property (each, a “Lease”). The Company has made available to Parent true, correct and complete copies of all Leases (including all material modifications, amendments and supplements thereto), and in the case of any oral Lease, a written summary of the material terms of such Lease. The Company and/or one of its Subsidiaries, as the case may be, have and own good, valid and subsisting leasehold interests in the Leased Real Property under each Lease, subject to proper authorization and execution of such Lease by the other party thereto and Permitted Liens, except in each case, as enforcement may be limited by the Enforceability Limitations, except as would not, individually or in the aggregate, have a Company Material Adverse Effect. With respect to each Lease and except as would not, individually or in the aggregate, have a Company Material Adverse Effect or materially and adversely affect the current use by the Company or its Subsidiaries of the Leased Real Property, (i) each Lease is in full force and effect and a valid, binding and legally enforceable obligation of the Company or its applicable Subsidiary, as the case may be, and, to the Knowledge of the Company, the other parties thereto (except in each case as may be limited by the Enforceability Limitations); (ii) each Lease has not been amended or modified in any material respect except as reflected in the modifications, amendments, supplements and side letters thereto made available to Parent; (iii) there is no existing material default or event of default by the Company or any of its Subsidiaries or, to the Knowledge of the Company, any other party thereto, under any Lease (iii) to the Knowledge of the Company, there are no disputes with respect to any Lease; (iv) neither the Company nor any of its Subsidiaries has collaterally assigned or granted any other security interest in such Lease or any interest therein; and (v) there are no Liens (other than Permitted Liens) on the estate or interest created by such Lease. The Leased Real Property is in all material respects in good operating condition and in a state of good and working maintenance and repair, ordinary wear and tear excepted, and is adequate and suitable for its current uses and purposes. There are no physical conditions or defects on any part of the Leased Real Property that would materially impair or would be reasonably expected to materially impair the continued operation of the business of the Company and its Subsidiaries as presently conducted at such Leased Real Property.

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Agreement with Respect to Data Processing Equipment and Leases (a) The Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to: (i) accept an assignment from the Receiver of all leased Data Processing Equipment and (ii) purchase at Fair Market Value from the Receiver all owned Data Processing Equipment. The Assuming Institution’s election under this option applies to both owned and leased Data Processing Equipment.

  • Properties and Leases Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, the Company and the Company Subsidiaries have good and marketable title to all real properties and all other properties and assets owned by them, in each case free from liens, encumbrances, claims and defects that would affect the value thereof or interfere with the use made or to be made thereof by them. Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, the Company and the Company Subsidiaries hold all leased real or personal property under valid and enforceable leases with no exceptions that would interfere with the use made or to be made thereof by them.

  • REAL PROPERTY GAINS TAX a) Pursuant to the provision of the Real Property Gains Tax Act, 1976 (hereinafter referred to as “the said Act”) and for the purpose of this sale, the Purchaser shall deduct a sum of equivalent to 3% of the Purchase Price and shall pay the said 3% of the Purchase Price to the Director General of Inland Revenue Malaysia within sixty (60) days from the date of disposal of the Property.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

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