Fee Title Sample Clauses

Fee Title. Seller has the authority and power to enter and execute this Agreement and convey the Property to Buyer free and clear of the claims of any third party or parties (including, without limitation, any elective share, dower, curtesy or community property rights of any spouse), except for the Permitted Exceptions, without further authorization or signature of any other person;

Fee Title. Seller is the sole current legal and beneficial fee simple title holder of the Property and has the authority and power to enter and execute this Agreement and convey the Property to Buyer free and clear of the claims of any third

Fee Title. Except as otherwise set forth in the Title Reports and Opinions listed on Exhibit D hereto, Mortgagor holds and owns good and marketable title in fee simple to the fee lands and patented mining claims which constitute part of the Property, and has all right, full power and lawful authority to mortgage and pledge the same and Mortgagee may at all times peaceably and quietly enter upon, hold, occupy and enjoy such Property in accordance with the terms of this Mortgage. Mortgagor is in exclusive possession of such Property, and such Property is free and clear of all damages, claims, encumbrances, liens, royalties and security interests, except Permitted Encumbrances and Encumbrances identified in Exhibit A and except as otherwise set forth in the Title Reports and Opinions listed on Exhibit D hereto.

Fee Title. Mortgagor covenants that so long as any of the Debt remains unpaid, the Leasehold shall not merge in or with the fee title or in or with any other estate or interest in the Real Estate, but always shall be complete, separate and distinct notwithstanding the occurrence of any event or events by which the Leasehold may become vested in the same person in whom said fee title is vested.

Fee Title. Fee title to the Lots Under Development shall have been acquired by Borrower and Administrative Agent shall have received evidence of such acquisition satisfactory to Administrative Agent in its sole and absolute discretion.

Fee Title. The Town is the owner in fee of title or, in the case of the Streets, has a right of entry, to the Property. No lien or encumbrance on the Property materially impairs the Town’s use of the Property for the purposes for which it is, or may reasonably be ex- pected to be, held.

Fee Title. Seller has good and marketable title to the Property free and clear of all liens, covenants, conditions, restrictions, rights-of-way, easements and encumbrances of any kind or character whatsoever, except those currently existing of record on the date of this Agreement.

Fee Title. The City shall have acquired the fee title to all of the real property to be conveyed at the closing. Nothing in this Agreement shall be construed as creating an obligation on the part of the City to acquire or accept real property from any third party fee owners, including but not limited to the United States.

Fee Title. TOWN, with DISTRICT assistance, shall be responsible for acquiring, subject to approval of DISTRICT, fee title to such poperty needed to implement PROJECT as defined herein. Appraisal costs will also be considered a PROJECT cost. Fee title acquisition by negotiation and / or the exercise of eminent domain shall be in full compliance with the laws of the State of Colorado. In addition, the fee title acquired shall be in the name of the TOWN and the conveyancing document shall be promptly recorded in the records of the Clerk and Recorder of Boulder County. A. Coordination of Fee Title Acquisition. Cost sharing by PARTIES will be based on supporting documentation such as formal appraisals, legal description of the property, and other information deemed appropriate to the acquisition. Furthermore, cost sharing by DISTRICT will be only for the property and the costs of acquisition including eminent domain approved by PARTIES to be needed for drainage and flood control improvements. TOWN shall purchase the fee title or proceed with eminent domain only after receiving prior approval of DISTRICT and such purchases shall be made with PROJECT funds.

Fee Title. The City is, or shall be, the owner in fee of title to the Property. No lien or encumbrance on the Property materially impairs the City’s use of the Property for the purposes for which it is, or may reasonably be expected to be, held.