Interests Conveyed Sample Clauses

The "Interests Conveyed" clause defines exactly what rights, titles, or interests are being transferred from one party to another under the agreement. In practice, this clause will specify whether the transfer includes full ownership, a partial interest, or specific rights such as mineral, surface, or easement rights. By clearly outlining the scope of what is being conveyed, this clause ensures both parties understand the extent of the transfer and helps prevent future disputes over what was included in the transaction.
Interests Conveyed. At Closing, City will execute and deliver to Developer or the applicable Developer Subsidiary a quitclaim deed substantially in the form attached hereto as Exhibit “N” for the applicable Conveyed Property subject only to the Permitted Exceptions. Except as expressly provided in this Agreement, Developer or the applicable Developer shall take title to the Property in its AS-IS, WHERE-IS, AND WITH-ALL-FAULTS condition. City shall convey the Conveyed Property to Developer or the applicable Developer with a release of its right of entry to the phosphate, minerals, metals and petroleum interests reserved by Section 270.011, Florida Statutes.
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Interests Conveyed. Subject to the terms and conditions provided in this Agreement, ▇▇▇▇▇▇ agrees to sell and ▇▇▇▇▇ agrees to purchase one hundred percent (100%) of Seller’s right, title, and interest in and to the Assets as defined above in exchange for the Purchase Price to be delivered by Buyer to Seller at Closing.
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Interests Conveyed. At closing, Relp shall execute and deliver to City a special warranty deed in substantially the form of Exhibit C attached hereto and incorporated by reference herein conveying marketable title to Parcel One in fee simple free and clear of all liens, reservations, restrictions, easements, leases, tenancies and other encumbrances, except those that are accepted by the City in accordance with Section 8 hereof. Unless Relp refused to accept title to Parcel Two per Section 8(b) above, at closing, City shall deliver to Relp the Resolution for Parcel Two and shall execute and deliver to Relp a quit claim deed in substantially the form of Exhibit D attached hereto and incorporated by reference free and clear of all liens.
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Interests Conveyed. At closing, First Party shall execute and deliver to Second Party a Deed of Conveyance Pursuant to 373.099 F.S., conveying all of the First Party’s interest in Parcel One subject to easements, reservations, restrictions and other interests of record. At closing, Second Party will execute and deliver to First Party a quitclaim deed for Parcel Two conveying all of the Second Party’s interest in Parcel Two, subject to easements, reservations, restrictions and other interests of record. Neither party extends and intends any representations or warranties of any kind regarding either parcel. The parties acknowledge that the above conveyance shall be in “as is” condition. Neither party shall reserve any phosphate, minerals, metals or petroleum interests. DRAFT
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Interests Conveyed. At closing, First Party shall execute and deliver to Second Party a Warranty ▇▇▇▇ conveying all of the First Party's interest in the ▇▇▇▇▇▇▇▇ Ave Parcel subject to easements, reservations, restrictions and other interests of record. At closing, Second Party will execute and deliver to First Party a Warranty ▇▇▇▇ conveying all of the Second Party's interest in the Oak Ave Parcels, subject to easements, reservations, restrictions and other interests of record. Neither Party extends and intends any representations or warranties of any kind regarding either Parcel. The Parties acknowledge that the above conveyances shall be {00846267-2; 22-0731 } 3 in "as is" condition. Neither Party shall reserve any phosphate, minerals, metals or petroleum interests.
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Interests Conveyed. At closing, each party shall execute and deliver to the other quitclaim deeds conveying title to the respective party in fee simple free and clear of all liens, reservations, restrictions, easements, leases, tenancies and other encumbrances.
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Interests Conveyed. Subject to the receipt of the Government Consent with respect thereto, SOCO has conveyed to Territorial an undivided 7.5% Working Interest in the Block B8/38 Concession and an undivided 7.5% Working Interest in the Block B4/32 Concession, free and clear of any liens, security interests, liens, claims, burdens or other encumbrances, other than as provided in Section 1.1 hereof.
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Related to Interests Conveyed

  • Ownership Interests The ownership interest of each member of the Company will be expressed in terms of a percentage that is set out in Exhibit A, attached and made part of this Agreement. The total ownership interests of all members will always equal one-hundred percent (100%). The existing members will determine the ownership interest of any new members prior to admission to the Company.

  • Leasehold Interests Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

  • Security Interests in Personal Property Section 3.01 Security Interest 11 Section 3.02 Representations and Warranties 13 Section 3.03 Covenants 14

  • Equity Interests and Ownership The Equity Interests of each of Borrower and its Subsidiaries have been duly authorized and validly issued and are fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there is no existing option, warrant, call, right, commitment or other agreement to which Borrower or any of its Subsidiaries is a party requiring, and there is no membership interest or other Equity Interests of Borrower or any of its Subsidiaries outstanding which upon conversion or exchange would require, the issuance by Borrower or any of its Subsidiaries of any additional membership interests or other Equity Interests of Borrower or any of its Subsidiaries or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase a membership interest or other Equity Interests of Borrower or any of its Subsidiaries. Schedule 4.2 correctly sets forth the ownership interest of Borrower and each of its Subsidiaries as of the Third Restatement Date.