Encumbrances to Eliminate. The Owners shall be required to eliminate (a) all mortgages (other than the Mortgage), (b) unpaid water charges and assessments, (c) any other Title Objections which are in a liquidated amount and which may be satisfied by the payment of money, and (d) any other Title Objections that were contained in the original Commitment.
Appears in 2 contracts
Samples: Contribution Agreement (Cedar Shopping Centers Inc), Contribution Agreement (Cedar Shopping Centers Inc)
Encumbrances to Eliminate. The Owners shall be required to eliminate (a) all mortgages (other than the Mortgage, in the event Cedar shall elect to assume the Mortgage Loan in connection with the Closing), (b) unpaid water charges and assessments, (c) any other Title Objections which are in a liquidated amount and which may be satisfied by the payment of money, and (d) any other Title Objections that were contained in the original Commitment.
Appears in 2 contracts
Samples: Recapitalization Agreement (Cedar Shopping Centers Inc), Recapitalization Agreement (Cedar Shopping Centers Inc)
