INTEREST IN REAL PROPERTY Sample Clauses

INTEREST IN REAL PROPERTY. It is the intention of the parties that the rights granted to the lessee by this lease constitute an interest in real property in the leased area.

INTEREST IN REAL PROPERTY. Each Timeshare Property that is a UDI constitutes a fee simple interest in real property and improvements on the real property.

INTEREST IN REAL PROPERTY. The VOI or Lot underlying such ---------------------------- Contract is an interest in real property consisting of either (a) a fixed week or undivided interest in fee simple in a lodging unit or group of lodging units at a Development, (b) an undivided leasehold interest in any lodging unit located at the Harbortown Marina Resort Hotel in Ventura County, California or the Pagosa Mountain Xxxxxxx VOI Regime at the Pagosa Development in Xxxxxxxxx County, Colorado or (c) if a lot, a fee simple interest in real property; and in each case such VOI or Lot has been deeded to the Nominee pursuant to the terms of one of the Title Clearing Agreements, or has been deeded to the relevant Obligor in accordance with the requirements of the applicable Contract or applicable law.

INTEREST IN REAL PROPERTY. The Timeshare Property underlying such Loan is an interest in real property consisting of either a Fixed Week or a UDI, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to a Nominee or has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.

INTEREST IN REAL PROPERTY. It is the intention of the parties that the rights granted to AngloGold by this Lease constitute an interest in real property in the Leased Area.

INTEREST IN REAL PROPERTY. The Timeshare underlying each Sold Receivable and each Contributed Receivable is an interest in real property consisting of an undivided interest in fee simple in a lodging unit or group of lodging units at each Resort for a fixed or floating period of time; provided that, subject to the criteria set forth in the definition of Eligible Receivable, Timeshares underlying the Sold Receivables and the Contributed Receivables may be beneficial interests in the Oak N' Spruce Resort Trust and are therefore not fee interests in real property.

INTEREST IN REAL PROPERTY. The members of the Obligated Group represent and warrant that they have an interest of record in or possession of the real property described in Exhibit A and that this real property is the property where the fixtures, crops, or other real property interests that comprise part of the Collateral are located.

INTEREST IN REAL PROPERTY. The members of the Obligated Group will provide a true and correct description of the real property where the fixtures, crops, or other real property interests are located, which description is attached hereto as Exhibit A.

INTEREST IN REAL PROPERTY. Each Timeshare Property that is either a Fixed Week or a UDI constitutes a fee simple interest in real property, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.

INTEREST IN REAL PROPERTY. The Royalty interest provided in this Rio Tinto Royalty Deed shall attach to (i) any amendments, relocations, adjustments, resurvey, additional locations of any existing mining claims or conversions of any mining claims comprising the Property, and any extralateral rights claimed by Barrick pertaining to any interests within the Property, and (ii) to any renewal, amendment or other modification or extensions of any leases of any real property interests now existing or hereafter arising comprising the Property. The Royalty interest is a real property interest that runs with the Property, is perpetual, and shall be applicable to Barrick and its transferees, successors and assigns of the Property; provided, however, that the Royalty shall not be applicable to any lands subject to a joint venture agreement as to which the Cxxxxx Joint Venture has no further participating interest. Barrick acknowledges that the Royalty Holder will record this Rio Tinto Royalty Deed, the costs of which shall be borne by Royalty Holder.