Common use of Description of Real Property Clause in Contracts

Description of Real Property. Schedule 6.01(13) contains a description as of the Closing Date of (a) all real property owned by each Group Party (including municipal addresses, legal description (to the extent available), the name of the Person which owns such property and a brief description of such property and its use) and indicating which real property owned by the Group Parties is a Material Freehold Interest, (b) all real property leased by each Group Party (including municipal addresses, legal description (to the extent available), the name of the Person which leases such property, the name of the landlord, the term and any renewal rights under the applicable lease and a brief description of such property and its use) and indicating which real property leased by the Group Parties is a Material Leasehold Interest, and (c) all real property not owned or leased by a Group Party at which any of its inventory may from time to time be stored or located (including municipal addresses, the name of the Person which keeps inventory at such property and the name of the bailee or third party holding such inventory at such property).

Appears in 3 contracts

Samples: Credit Agreement (Valens Company, Inc.), Credit Agreement (SNDL Inc.), Credit Agreement (Valens Company, Inc.)

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Description of Real Property. Schedule 6.01(139.01(13) contains a description as of the Closing Date of (a) all real property owned by each Group Credit Party (including municipal addresses, legal description (to the extent available), the name of the Person which owns such property and a brief description of such property and its use) and indicating which real property owned by the Group Credit Parties is a Material Freehold Interest, (b) all real property leased by each Group Credit Party (including municipal addresses, legal description (to the extent available), the name of the Person which leases such property, the name of the landlord, the term and any renewal rights under the applicable lease and a brief description of such property and its use) and indicating which real property leased by the Group Credit Parties is a Material Leasehold Interest, and (c) all real property not owned or leased by a Group Credit Party at which any of its inventory may from time to time be stored or located (including municipal addresses, the name of the Person which keeps inventory at such property and the name of the bailee or third party holding such inventory at such property).

Appears in 1 contract

Samples: Credit Agreement (Valens Company, Inc.)

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