Common use of IN FEE SIMPLE Clause in Contracts

IN FEE SIMPLE. Except with respect to the Permitted Exceptions, Grantor covenants with Grantee that it will forever warrant and defend said title to the Premises against all lawful claims and encumbrances claiming by, through or under Grantor; provided, however, Grantor does not by this conveyance warrant, nor will it defend, title to any oil, gas or minerals, or water or water rights, on, in or under the Property.

Appears in 2 contracts

Samples: Contribution Agreement (Plum Creek Timber Co Inc), Limited Liability Company Agreement (Plum Creek Timber Co Inc)

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IN FEE SIMPLE. Except with respect to the Permitted Exceptions, Grantor covenants with Grantee that it will forever warrant and defend said title to the Premises against all lawful claims and encumbrances claiming by, through or under Grantor; provided, however, Grantor does not by this but against none other. The conveyance warrant, nor will it defend, title to of any oil, gas or minerals, minerals or water rights conveyed to Grantee herein is hereby made by Grantor purely by quitclaim and accepted by Grantee without any warranty by Grantor, either express or water rightsimplied, on, in or under the Propertywithout recourse against Grantor.

Appears in 2 contracts

Samples: Contribution Agreement (Plum Creek Timber Co Inc), Limited Liability Company Agreement (Plum Creek Timber Co Inc)

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