Immovable Property Sample Clauses

Immovable Property. Enter into any acquisitions or leases of immovable property, including new leases and lease extensions; or
AutoNDA by SimpleDocs
Immovable Property. All of the property described below, together with any and all buildings, improvements, structures, other constructions or fixtures located therein or thereon and any and all rights, ways, privileges, servitudes, appurtenances, advantages, riparian rights, alluvion and accretions, appertaining or in anywise belonging thereto including, without limitation, any portion of such land lying within the right-of-way of any publicly dedicated street, roadway, or alleyway (collectively, the “Immovable Property”): Legal Description: Street Address:
Immovable Property. 1. Income from immovable property may be taxed in the Contracting State in which such property is situated. 2. The term "immovable property" shall be defined in accordance with the law of the Contracting State in which the property in question is situated. The term shall in any case include rights to variable or fixed payments as consideration for the working of, or the right to work, mines, oil xxxxx, quarries or other places of extraction of natural resources. Ships, boats 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 professional services.
Immovable Property. The Group owns no immovable property.
Immovable Property. (1) Income from immovable property may be taxed in the Contracting State in which such property is situated. (a) The term "immovable property" shall, subject to the provisions of subparagraph (b) of this paragraph, be defined in accordance with the law of the Contracting State in which the property in question is situated.
Immovable Property. All present and future immovable property of the Grantor, and all rights of the Grantor in any immovable property, together with all property which may be or become incorporated therewith or permanently physically attached or joined thereto so as to ensure the utility thereof or which is used by the Grantor for the operation of its enterprise or the pursuit of its activities (including heating and air conditioning apparatus and watertanks) and all other property which becomes immovable by the effect of law, including by way of accession, and all real rights relating to or attaching to such immovable property (collectively, the “Immovables”).
Immovable Property. Art. 22 Purchase and retention of immovable property 1. Nationals of a Party who have acquired immovable property in the other Party in accordance with national law before the specified date shall retain the right to hold that property as provided in Article 25 of Annex I to the FMOPA. 2. Nationals of a Party who have established a temporary residence right or a residence right before the specified date in the other Party shall be entitled to acquire immovable property as provided in article 25 of Annex I to the FMOPA on or after the specified date, provided that at the time of purchase the residence right persists and that the national of a Party has his principal residence in the host State. 3. Nationals of a Party who were frontier workers in the other Party prior to the spec- ified date and who have retained their status as frontier workers shall be permitted to acquire immovable property in the other Party in which they are frontier working as provided in Article 25 paragraph 3 of Annex I to the FMOPA.
AutoNDA by SimpleDocs
Immovable Property. The Grantor has no interest in, or title to, any immovable or real property.
Immovable Property. (a) None of Partech, Xxxxxx or Proceda owns any real or immovable property. Each of Partech, Xxxxxx and Proceda has the lawful right to occupy and use all real or immovable property which is used in their respective businesses (the "IMMOVABLE PROPERTY"). (b) All agreements with respect to leases, easements, rights of way, licenses or other interests in Immovable Property granted to Partech, Xxxxxx or Proceda (collectively, the "PROPERTY LEASES") are listed in the Disclosure Memorandum. The interest of Partech, Xxxxxx or Proceda, as applicable, in and under each of the Property Leases is free and clear of any defects, claims or Liens and subject to no present Action or threatened Action. (c) Each of Partech, Xxxxxx and Proceda is lawfully in possession of all of its respective Immovable Property which is the subject of a Property Lease and with respect to which Partech, Xxxxxx or Proceda is a tenant or lessee or has been granted a possessory interest (the "LEASED IMMOVABLE PROPERTY"), and all conditions precedent to the obligation of Partech, Xxxxxx or Proceda to take possession and continue to occupy all Leased Immovable Property have been fulfilled. (d) There is lawfully available to all the Leased Immovable Property, through private easements and facilities or properly dedicated public easements and facilities, all of the water, gas, sewer, electricity and telephone service which are now being utilized and sufficient to allow Partech, Xxxxxx or Proceda, as applicable, to continue to conduct their business as presently conducted by them and, further, to engage in their respective businesses. All of the Leased Immovable Property has reasonably suitable ingress and egress and each parcel of Leased Immovable Property has reasonably suitable access to the existing paved roads and other public rights of way, which access is not limited or restricted. (e) The present use, occupancy and operation of the Immovable Property, and all aspects of the improvements on and to the Immovable Property (collectively, the "IMPROVEMENTS"), are in compliance in all material respects with all, and not in material violation of any, Laws and with all private restrictive covenants of record, and the Sellers have no knowledge of any proposed change to the applicable Laws or the private restrictive covenants of record that would affect any of the Immovable Property or its use, occupancy or operation. There exist no conflicts or disputes with any Government or Person relating to any ...
Immovable Property. 3.1.1 The parties have purchased a common home as set out in clause 1.1.2 above. 3.1.2 The parties further record that [insert details] paid the deposit of [insert amount] plus conveyancing costs and transfer duty as set out in the conveyancer’s account for the purchase of the property. 3.1.3 The balance of the purchase price was obtained from mortgage bond finance and the parties hereby agree that [insert details] shall pay the bond repayments for the common home.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!