Immovable Property. Enter into any acquisitions or leases of immovable property, including new leases and lease extensions; or
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. 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. (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. The parties have purchased a common home as set out in clause 1.1.2 above. 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. 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.
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. Section 3.8 of the Disclosure Schedule lists all real property owned by the Company and XXX Group Companies (“Owned Real Property”). Section 3.8 of the Disclosure Schedule also lists all real property leased from or to a third party by the Company or any XXX Group Companies (“Leased Real Property”). Except as set forth on Section 3.8 of the Disclosure Schedule, the Company or one of the XXX Group Companies has a valid and subsisting title to all Owned Real Property and/or has a valid and subsisting leasehold estate in, and enjoys peaceful and undisturbed possession of, all Leased Real Property, subject only to any (i) Permitted Encumbrance, and (ii) except where the failure to have such interests or possession would not, individually or in the aggregate, reasonably be expected to materially impair the Company or the XXX Group Companies use of such parcel of Owned or Leased Real Property for the uses for which it is currently intended.
