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Common use of BOUNDARIES, TITLE, ETC Clause in Contracts

BOUNDARIES, TITLE, ETC. 6.1 The Crown will not be bound to point out the boundaries of the Commercial Redress Property. 6.2 If the Commercial Redress Property is subject only to Relevant Encumbrances, the Governance Entity: 6.2.1 will be treated as having accepted the Crown‟s title to the Commercial Redress Property as at the Date of this Deed; and 6.2.2 may not make any objections to, or requisitions on, it. 6.3 Except as otherwise expressly set out in this Part 2 no error, omission or misdescription of the Commercial Redress Property or its title shall annul the transfer of the Commercial Redress Property. 6.4 The Crown will not be liable to pay for, or contribute towards, the expense of erection or maintenance of any fence between the Commercial Redress Property and any contiguous land of the Crown (unless it is the Crown that requires the fence); and 6.4.1 this clause will not continue for the benefit of any subsequent purchaser of the contiguous land; and 6.4.2 the Crown may require the inclusion of a fencing covenant to this effect in any transfer of the Commercial Redress Property.

Appears in 2 contracts

Samples: Settlement Agreement, Agreement in Principle

BOUNDARIES, TITLE, ETC. 6.1 The Crown will not be bound to point out the boundaries of the Commercial Redress Property. 6.2 If the Commercial Redress Property is subject only to Relevant Encumbrances, the Governance Entity: 6.2.1 will be treated as having accepted the Crown‟s Crown’s title to the Commercial Redress Property as at the Date of this Deed; and 6.2.2 may not make any objections to, or requisitions on, it. 6.3 Except as otherwise expressly set out in this Part 2 no error, omission or misdescription of the Commercial Redress Property or its title shall annul the transfer of the Commercial Redress Property. 6.4 The Crown will not be liable to pay for, or contribute towards, the expense of erection or maintenance of any fence between the Commercial Redress Property and any contiguous land of the Crown (unless it is the Crown that requires the fence); and 6.4.1 this clause will not continue for the benefit of any subsequent purchaser of the contiguous land; and 6.4.2 the Crown may require the inclusion of a fencing covenant to this effect in any transfer of the Commercial Redress Property.

Appears in 2 contracts

Samples: Agreement in Principle, Settlement Agreement