FARM PROPERTY Sample Clauses

FARM PROPERTY a. All crop income and expenses, including government program payments for the 2021 crop year shall belong to Seller. The Landlord’s share of Crop income and expenses, including government program payments for the 2022 crop year and thereafter shall belong to the Buyer. b. The lease rights of the farm tenant, who is Xxxxxxx X. Xxxxxxxx, will be terminated as of November 1, 2021, or when the 2021 crop has been harvested, whichever is later. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis.
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FARM PROPERTY. Despite anything herein to the contrary, all of landlord’s rental or crop share, farm payments and crop insurance, if any, for the year 2021 shall belong to Seller. Further, the parties acknowledge and agree that Buyer’s right to actual possession of the Premises is not subject to any existing lease of the Premises.
Sample 1
FARM PROPERTY a. The Landlord’s share of Crop income and expenses, including government program payments for 2023 and thereafter shall belong to the Buyer. b. The lease rights of the farm tenant, Xxxxxx Xxxxxx , have been terminated. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: None . d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis. e. Obligation of Buyer to continue prior farm programs. Xxxxx agrees to continue the enrollment of the farm in all existing Conservation Reserve Program Contracts. The Buyer is personally responsible for the repayment of any benefits received by the Seller in a year prior to the 2023 crop year and which repayment obligation by the Seller is caused by actions taken by Xxxxx after Closing. Seller and Buyer each acknowledge that they are familiar with the Conservation Reserve Program (CRP) and the manner in which it is administered by the Farm Service Agency of the United States Department of Agriculture. f. The sale of the property is subject to an Option to Purchase a Perpetual Right and Easement with Ford County Wind Farm LLC. The Option encumbers 100 feet along the entire North property line. Xxxxxx agrees to cooperate with Buyer and Ford County Wind Farm in transferring its right, title and interest in and to the Option to Buyer.
Sample 1
FARM PROPERTY a. The Landlord’s share of Crop income and expenses, including government program payments for 2022 and thereafter shall belong to the Buyer. b. The lease rights of the farm tenant were previously terminated. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: None d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis. e. Obligation of Buyer to continue prior farm programs. Xxxxx agrees to continue the enrollment of the farm in all existing Conservation Reserve Program Contracts. The Buyer is personally responsible for the repayment of any benefits received by the Seller in a year prior to the 2022 crop year and which repayment obligation by the Seller is caused by actions taken by Buyer after Closing. Seller and Buyer each acknowledge that they are familiar with the Conservation Reserve Program (CRP) and the manner in which it is administered by the Farm Service Agency of the United States Department of Agriculture.
Sample 1
FARM PROPERTY a. The Landlord’s share of Crop income and expenses, including government program payments for 2022 and thereafter shall belong to the Buyer. b. The lease rights of the farm tenant were previously terminated. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: None. d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis. DRAFT: Non-Executable e. Obligation of Buyer to continue prior farm programs. Xxxxx agrees to continue the enrollment of the farm in all existing Conservation Reserve Program Contracts. The Buyer is personally responsible for the repayment of any benefits received by the Seller in a year prior to the 2022 crop year and which repayment obligation by the Seller is caused by actions taken by Buyer after Closing. Seller and Buyer each acknowledge that they are familiar with the Conservation Reserve Program (CRP) and the manner in which it is administered by the Farm Service Agency of the United States Department of Agriculture.
Sample 1
FARM PROPERTY a. Farm is leased for the 2024 crop year. All rent for the 2024 growing season has been collected by the seller. The Buyer will receive a 2024 rent credit of $15,740 at closing. The farm lease will be assigned to the Buyer for the 2024 growing season. The lease for 2025 will be terminated and open for the 2025 season. b. The lease rights of the farm tenant, who is Xxxxx Xxxxxxxx , will be terminated for the 2025 crop year. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: None . d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis. e. Obligation of Buyer to continue prior farm programs. Xxxxx agrees to continue the enrollment of the farm in all existing Conservation Reserve Program Contracts. The Buyer is personally responsible for the repayment of any benefits received by the Seller in a year prior to the 2024 crop year and which repayment obligation by the Seller is caused by actions taken by Buyer after Closing. Seller and Buyer each acknowledge that they are familiar with the Conservation Reserve Program (CRP) and the manner in which it is administered by the Farm Service Agency of the United States Department of Agriculture.
Sample 1
FARM PROPERTY. Despite anything herein to the contrary, all of landlord’s rental or crop share, farm payments and crop insurance, if any, for the year 2021 shall belong to Seller. Further, the parties acknowledge and agree that Xxxxx’s right to actual possession of the Premises is not subject to any existing lease of the Premises.
Sample 1
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FARM PROPERTY a. The Landlord’s share of Crop income and expenses, including government program payments for 2022 and thereafter shall belong to the Buyer. b. The lease rights of the farm tenant have been terminated. c. Seller represents that the farm tenant is not entitled to any reimbursement for fertilizer, tillage or any other expense unless described here: . d. To the extent applicable Seller has, to the best of Seller’s knowledge, advised Buyer of fence ownership, field tile location, and government program production basis.
Sample 1

Related to FARM PROPERTY

  • Farm Products None of the Collateral constitutes, or is the Proceeds of, Farm Products.

  • INCOME FROM IMMOVABLE PROPERTY 1. Income derived by a resident of a Contracting State from immovable property (including income from agriculture or forestry) situated in the other Contracting State may be taxed in that other State. 2. The term "immovable property" shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships and aircraft shall not be regarded as immovable property. 3. The provisions of paragraph 1 shall apply to income derived from the direct use, letting, or use in any other form of immovable property. 4. The provisions of paragraphs 1 and 3 shall also apply to the income from immovable property of an enterprise and to income from immovable property used for the performance of independent personal services.

  • Property and Equipment The buildings, plants, structures located at the Plant Property and the Equipment are all owned by the CCC Company free and clear of all Liens (except Permitted Liens) and are structurally sound, are in good operating condition and repair, subject to normal wear and tear, and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, personal property or Equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.

  • Excluded Property Notwithstanding anything to the contrary in Section 2.1, the property, assets, rights and interests set forth in this Section 2.2 (the “Excluded Property”) are excluded from the Property:

  • Furniture, Fixtures and Equipment Sublessee shall have the right to use during the Term the office furnishings and equipment within the Subleased Premises that are identified on Exhibit C attached hereto, as such exhibit may be adjusted by mutual agreement of the parties prior to the Third Floor Premises Delivery Date (the “Furniture”), provided Sublessee may only use the Furniture located in the Second Floor Premises after the Second Floor Commencement Date. The Furniture is provided in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever. Sublessee shall insure the Furniture under the property insurance policy required under the Master Lease, as incorporated herein, and pay all taxes with respect to the Furniture. Sublessee shall maintain the Furniture in good condition and repair, reasonable wear and tear excepted, and shall be responsible for any loss or damage to the same occurring during the Term. Sublessee shall surrender the Furniture to Sublessor upon the termination of this Sublease in the same condition as exists as of the applicable Delivery Date, reasonable wear and tear excepted. Sublessee shall not remove any of the Furniture from the Subleased Premises. Notwithstanding anything to the contrary herein, Sublessee may provide Sublessor with written notice one (1) time not less than forty-five (45) days prior to the Third Floor Premises Delivery Date that lists any items of Furniture that Sublessee does not want to use and Sublessor shall, at no cost to Sublessee, remove such items from the Subleased Premises prior to the Third Floor Premises Delivery Date and such items shall no longer be considered Furniture hereunder. Notwithstanding the foregoing, provided Sublessee is not in default beyond the expiration of any applicable cure or grace period as of the date of the expiration or earlier termination of this Sublease, which condition may be waived by Sublessor in its sole discretion, then upon the expiration or earlier termination of this Sublease, the Furniture shall become the property of Sublessee, and Sublessee shall accept the same in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever except as provided in the Bill of Sale referred to in the following sentence. In the event the Furniture is to become the property of Sublessee upon the expiration or earlier termination of this Sublease pursuant to the terms of the immediately preceding sentence, then Sublessor agrees to execute and deliver to Sublessee a Bill of Sale in the form of Exhibit D attached hereto conveying and transferring to Sublessee the Furniture.

  • Investment Property Except to the extent otherwise provided in Article II, if any Grantor shall at any time hold or acquire any certificated securities, such Grantor shall forthwith endorse, assign and deliver the same to the Notes Collateral Agent for the benefit of the Secured Parties, accompanied by such instruments of transfer or assignment duly executed in blank as the Notes Collateral Agent may from time to time reasonably request. If any securities now or hereafter acquired by any Grantor are uncertificated and are issued to such Grantor or its nominee directly by the issuer thereof, upon the Notes Collateral Agent’s request and following the occurrence of an Event of Default such Grantor shall promptly notify the Notes Collateral Agent thereof and, at the Notes Collateral Agent’s reasonable request, pursuant to an agreement in form and substance reasonably satisfactory to the Notes Collateral Agent, either (i) cause the issuer to agree to comply with instructions from the Notes Collateral Agent as to such securities, without further consent of any Grantor or such nominee, or (ii) arrange for the Notes Collateral Agent to become the registered owner of the securities. If any securities, whether certificated or uncertificated, or other investment property are held by any Grantor or its nominee through a securities intermediary or commodity intermediary, upon the Notes Collateral Agent’s request and following the occurrence of an Event of Default, such Grantor shall immediately notify the Notes Collateral Agent thereof and at the Notes Collateral Agent’s request and option, pursuant to an agreement in form and substance reasonably satisfactory to the Notes Collateral Agent shall either (i) cause such securities intermediary or (as the case may be) commodity intermediary to agree to comply with entitlement orders or other instructions from the Notes Collateral Agent to such securities intermediary as to such security entitlements, or (as the case may be) to apply any value distributed on account of any commodity contract as directed by the Notes Collateral Agent to such commodity intermediary, in each case without further consent of any Grantor or such nominee, or (ii) in the case of financial assets or other Investment Property held through a securities intermediary, arrange for the Notes Collateral Agent to become the entitlement holder with respect to such Investment Property, with the Grantor being permitted, only with the consent of the Notes Collateral Agent, to exercise rights to withdraw or otherwise deal with such Investment Property. The Notes Collateral Agent agrees with each of the Grantors that the Notes Collateral Agent shall not give any such entitlement orders or instructions or directions to any such issuer, securities intermediary or commodity intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by any Grantor, unless an Event of Default has occurred and is continuing. The provisions of this paragraph shall not apply to any financial assets credited to a securities account for which the Notes Collateral Agent is the securities intermediary.

  • Personal Property Collateral The Administrative Agent shall have received, in form and substance satisfactory to the Administrative Agent: (i) (A) searches of UCC filings in the jurisdiction of incorporation or formation, as applicable, of each Loan Party and each jurisdiction where any Collateral is located or where a filing would need to be made in order to perfect the Collateral Agent’s security interest in the Collateral, copies of the financing statements on file in such jurisdictions and evidence that no Liens exist other than Permitted Liens and (B) tax lien, judgment and bankruptcy searches; (ii) searches of ownership of Intellectual Property in the appropriate governmental offices and such patent/trademark/copyright filings as requested by the Administrative Agent in order to perfect the Collateral Agent’s security interest in the Intellectual Property (and certain of which searches may be provided after the Closing Date as determined by the Administrative Agent); (iii) completed UCC financing statements for each appropriate jurisdiction as is necessary, in the Collateral Agent’s sole discretion, to perfect the Administrative Agent’s security interest in the Collateral; (iv) stock or membership certificates, if any, evidencing the Pledged Collateral and undated stock or transfer powers duly executed in blank; in each case to the extent such Pledged Collateral is certificated; (v) in the case of any personal property Collateral located at premises leased by a Loan Party and set forth on Schedule 5.21(g), such estoppel letters, consents and waivers from the landlords of such real property to the extent required to be delivered in connection with Section 6.14 (such letters, consents and waivers shall be in form and substance satisfactory to the Administrative Agent, it being acknowledged and agreed that any Landlord Waiver is satisfactory to the Administrative Agent); (vi) to the extent required to be delivered, filed, registered or recorded pursuant to the terms and conditions of the Collateral Documents, all instruments, documents and chattel paper in the possession of any of the Loan Parties, together with allonges or assignments as may be necessary or appropriate to create and perfect the Administrative Agent’s and the Lenders’ security interest in the Collateral; and (vii) Qualifying Control Agreements satisfactory to the Administrative Agent to the extent required to be delivered pursuant to Section 6.14.

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Material Assets The financial statements of the Acquiror Company set forth in the SEC Documents reflect the material properties and assets (real and personal) owned or leased by the Acquiror Company.

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property:

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