Common use of FF&E Clause in Contracts

FF&E. The Property Owner has, and as of the Subsequent Closing Date will have, good and marketable title to the FF&E, except for any leased or licensed FF&E set forth on Schedule 6.1(i) attached hereto and by this reference made a part hereof, and such FF&E is (or will be at Subsequent Closing) free and clear of all Liens. There are no items owned or leased by the Existing Manager and used at the Property which would otherwise constitute FF&E.

Appears in 2 contracts

Samples: Interest Contribution Agreement (Landmark Apartment Trust of America, Inc.), Interest Contribution Agreement (Landmark Apartment Trust of America, Inc.)

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FF&E. The Each Property Owner has, and or as of the Subsequent Closing Date will have, good and marketable title to the FF&E, except for any leased or licensed FF&E set forth which will be noted on Schedule 6.1(i) Exhibit J attached hereto and by this reference made a part hereof, and such FF&E is (or will be at Subsequent Closing) free and clear of all Liens. There are no items owned or leased by the Existing Manager and used at any of the Property Properties which would otherwise constitute FF&E.FF&E, other than immaterial items of the type typically owned or leased by a property manager.

Appears in 1 contract

Samples: Interest Purchase and Sale Agreement (Legacy Healthcare Properties Trust Inc.)

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FF&E. The Property Owner has, and as of the Subsequent Closing Date will have, good and marketable title to the FF&E, except for any leased or licensed FF&E set forth on Schedule 6.1(i) attached hereto and by this reference made a part hereof, and such FF&E is (or will be at Subsequent Closing) free and clear of all Liens. There are no items owned or leased by the Existing Manager and used at the Property which would otherwise constitute FF&E.

Appears in 1 contract

Samples: Interest Contribution Agreement (Landmark Apartment Trust of America, Inc.)

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