ENCUMBRANCES AND RESTRICTIONS Sample Clauses

ENCUMBRANCES AND RESTRICTIONS. The Contractor shall not cause or permit any lien, attachment or other encumbrance by any third party to be placed on file or to remain on file in any public office or on file with the UNWTO against any monies due or to become due for any work done or services rendered in connection with this Contract, or by reason of any claim or demand against the Contractor.
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ENCUMBRANCES AND RESTRICTIONS. The Villa is located within a horizontal property regime and governed by the recorded condominium documents pertaining thereto in accordance with the Horizontal Property Act of the State of South Carolina. The Regime has been established for the purpose of operating and maintaining the common elements of the Property. Each Owner of a Villa is a co‑owner of the Regime and is subject to the Regime By‑Laws and Regime regulations thereof. As set forth in the Regime By‑Laws, the vote of each co‑owner is based on the ratio of the value of such co‑owner’s villa(s) to the total value of all the villas comprising the Condominium. The affairs of the Regime are conducted by a Board of Directors as provided for in the applicable Regime By‑Laws. It is expressly understood and agreed that the Villa shall be conveyed subject to and the Purchaser hereby subscribes to the recorded Master Deed creating the Regime (herein referred to as the “Master Deed”), and the Regime By‑Laws and to the Declaration of Covenants, Restrictions, and Affirmative Obligations applicable to all Class “B” Covenants for Multi‑ Family Residential Areas, declared by the Kiawah Island Company, Inc. (predecessor of Kiawah Resort Associates, LP), dated February 19, 1976, and recorded in the ROD Office, in Book T108, at page 340 and any recorded additions thereto made on or before the date of this Contract. The Villa shall also be conveyed subject to the recorded plat and plan of the Property. Purchaser hereby agrees to abide by the Covenants as a matter of contractual agreement with Kiawah Resort Associates, LP under this Contract, in addition to any and all compliances required as a matter of real property law. It is expressly understood and agreed by Purchaser that, by joining in and subscribing to the provisions of the Master Deed and the Regime By‑Laws, Purchaser shall be liable for the payment, as set forth in the aforesaid documents, of a proportionate share of periodic Regime Assessments. In addition, Purchaser shall, by owning the Villa, be liable for the payment of periodic assessments and service charges levied by public authorities, including, but not limited to, water and sewer assessments and service charges levied by Kiawah Island Utility, Inc. or any duly authorized Public Service District or other similar body. Fire and extended coverage insurance on the exterior of the Villa is provided by the Regime. If this Contract includes the sale of furnishings and equipment, Seller shall maintai...
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ENCUMBRANCES AND RESTRICTIONS. (a) None of the Owned Intellectual Property: (i) is subject to any Encumbrance; or (ii) is subject to any other agreement restricting its use by any Group Company (including any delimitation or co-existence agreement or agreement limiting use by territory, field, persons or as to time), other than as expressly set out in the Intellectual Property Agreements. (b) None of the Group Intellectual Property will be restricted as to its exploitation, or will be lost, terminated, or rendered liable to a right of termination, assignment or licence to a third party, by virtue of the execution of this agreement or the transaction effected by the Transaction Documents.
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ENCUMBRANCES AND RESTRICTIONS. As of the Closing Date, other than (i) the Transactions and (ii) the First Lien Credit Agreement, dated as of June 14, 2007, by and among Golden Nugget, Inc., Wachovia Bank, National Association, and the other lenders party thereto (iii) the Second Lien Credit Agreement, dated as of June 14, 2007, by and among Golden Nugget, Inc., Wachovia Bank, National Association, and the other lenders party thereto and (iv) the Deed of Trust Note, dated as of May 10, 2000, payable to Xxxxxxx Realty Finance Corporation by Seawall Investments, LLC and assumed by Island Hospitality, Inc. as of March 14, 2003, there will be no encumbrances or restrictions on the ability of any Subsidiary of the Company (x) to pay dividends or make other distributions on such Subsidiary’s capital stock or to pay any indebtedness to the Company or any other Subsidiary of the Company, (y) to make loans or advances or pay any indebtedness to, or investments in, the Company or any other Subsidiary of the Company or (z) to transfer any of its property or assets to the Company or any other Subsidiary of the Company (other than Permitted Liens or provisions that restrict any such transfer).
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ENCUMBRANCES AND RESTRICTIONS. Seller shall convey marketable title to the property to Buyer in fee simple free from all liens, except restrictions of record (see EXHIBIT B) and those Buyer has agreed to assume. If Seller is unable to convey marketable title without a court action or incurring any unusual expenses or within thirty ('30) days after herein specified closing date, Buyer has the option of terminating this Agreement by giving written notice to the Seller.
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ENCUMBRANCES AND RESTRICTIONS. Except as provided (i) in the Transaction Documents, (ii) the security documents and agreements related to the Credit Agreement, (iii) by Applicable Law and (iv) in the organizational or other governing documents of any Foreign Subsidiary, as of the Closing Date, there will be no encumbrances or restrictions on the ability of any Subsidiary of the Company (x) to pay dividends or make other distributions on such Subsidiary’s capital stock or to pay any indebtedness to the Company or any other Subsidiary of the Company, (y) to make loans or advances or pay any indebtedness to, or investments in, the Company or any other Subsidiary of the Company or (z) to transfer any of its property or assets to the Company or any other Subsidiary of the Company (other than pursuant to the Existing Credit Facility or Permitted Liens or provisions that restrict any such transfer).
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ENCUMBRANCES AND RESTRICTIONS. 9.2.1 The Properties are free from any mortgage, debenture, charge, rent charge lien or any other Encumbrance securing the repayment of monies or other obligation or liability of either the Company or any other party. 9.2.2 The Properties are not subject to any outgoings other than the general rates, water rates and insurance premiums and rent and service charges and the rent and service charges are paid up to the date hereof. 9.2.3 The Properties are not subject to any restrictive covenants, stipulations, easements, way-leaves, licences, grants, restrictions, over-riding interests or other such rights vested in third parties. 9.2.4 The leases of the leasehold properties contain no onerous covenants affecting freedom of alienation and no right on the part of any Landlord to terminate the Lease except in the event of default. 9.2.5 No Property is subject to any option, right of pre-emption or right of first refusal. 9.2.6 All the covenants restrictions and stipulations contained in any Lease demising or affecting any Property have been observed and performed and the Vendors are not aware of any circumstance whereby the Landlord could serve a notice on the Tenant under any such Lease and further each Landlord has performed his or its covenants and obligations pursuant to the relevant lease by which the relevant Property was demised.
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ENCUMBRANCES AND RESTRICTIONS. The Property and its use will be governed by certain restrictions as set forth in the Terms and Conditions. All lots are subject to a blanket easement in favor of Maui Electric Company, Limited and Hawaiian Telcom, Inc. Also, there are other easements and restrictions. Refer to Attachment 2 attached hereto for a schedule listing the matters specifically affecting each lot. FLOOD ZONE: Portions of the Property may be located in a 100-year flood inundation area, to which special design and construction requirements may apply. The remainder of the subdivision is in flood zone "X" (areas determined to be outside the 0.2% annual chance flood plain) under the County of Maui Zoning Ordinance. Flood development permits might be required in zones X and XS for any work done in streams, gulches, low-lying areas, or any type of drainage way. Flood development permits are required for work in all other zones.
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ENCUMBRANCES AND RESTRICTIONS. This Lease and the Premises are subject to all applicable building restrictions, planning and zoning ordinances, governmental rules and regulations, and all other encumbrances, restrictions and easements affecting the Premises and the terms and provisions of any declarations, reciprocal easement and operating agreements or other restrictions of record affecting the Premises, as well as all matters that can be disclosed by inspection or survey of the Premises.
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Related to ENCUMBRANCES AND RESTRICTIONS

  • Rights and Restrictions The Restricted Share Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Share Units and delivery of the Shares to the Employee following his termination of employment, the Employee shall not have any rights or privileges of a shareholder as to the Shares subject to the Award. Specifically, the Employee shall not have the right to receive dividends or the right to vote such Shares prior to vesting of the Award and delivery of the Shares.

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  • Ownership and Restrictions 4.1 You retain all ownership and intellectual property rights in and to Your Content and Your Applications. Oracle or its licensors retain all ownership and intellectual property rights to the Services, including Oracle Programs and Ancillary Programs, and derivative works thereof, and to anything developed or delivered by or on behalf of Oracle under this Agreement. 4.2 You may not, and may not cause or permit others to: a) remove or modify any program markings or any notice of Oracle’s or its licensors’ proprietary rights; b) make the programs or materials resulting from the Services (excluding Your Content and Your Applications) available in any manner to any third party for use in the third party’s business operations (unless such access is expressly permitted for the specific Services You have acquired); c) modify, make derivative works of, disassemble, decompile, reverse engineer, reproduce, distribute, republish or download any part of the Services (the foregoing prohibitions include but are not limited to review of data structures or similar materials produced by programs), or access or use the Services in order to build or support, and/or assist a third party in building or supporting, products or Services competitive to Oracle; d) perform or disclose any benchmark or performance tests of the Services, including the Oracle Programs; e) perform or disclose any of the following security testing of the Services Environment or associated infrastructure: network discovery, port and service identification, vulnerability scanning, password cracking, remote access testing, or penetration testing; and f) license, sell, rent, lease, transfer, assign, distribute, host, outsource, permit timesharing or service bureau use, or otherwise commercially exploit or make available the Services, Oracle Programs, Ancillary Programs, Services Environments or Oracle materials to any third party, other than as expressly permitted under the terms of the applicable order.

  • TENANCIES AND RESTRICTIVE COVENANTS The Property is believed to be and shall be taken to be correctly described and is sold subject to all express conditions, restrictions-in-interest, caveats, leases, tenancies, easements, liabilities, encumbrances and rights, if any, subsisting thereon or thereover without the obligation to define the same respectively and the Purchaser is deemed to have full knowledge thereof.

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