Interests in land Sample Clauses

Interests in land. No Target Entity has any interest in land except for its interest in the Properties.
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Interests in land. B1 The Owner is the (unencumbered) freehold owner of the Application Site with registered freehold title absolute under Title Number [ ] B2 The Mortgagee has a registered charge over the Application Site dated XXXX
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Interests in land. The Target Group Companies do not have any interest in land except for its interest in the Properties, and the information in Schedule 7 is true and correct in all material respects.
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Interests in land. (a) At Completion, the Target Entity does not have any interest in land except for their interest in the Properties set out in Part 2 and Part 3 of Schedule 9. (b) So far as the Seller is aware, the Manager does not have any freehold interest in land except for its interest in the Properties set out in Part 1 of Schedule 9.
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Interests in land. The rights and interests of Seller (a) as “Lessee” or “Tenant” of the land described in Schedule 2.1.1 under and pursuant to the Ground Lease, together with all appurtenant easements, hereditaments and appurtenances thereunto and any other rights and interests appurtenant to such leasehold interest (the “Land”), (b) as “Project Owner” in and to the easements, licenses, rights and other interest under and pursuant to the REA, (c) as “Declarant” and a “Unit Owner” of the Hotel/Conference Center Unit under and pursuant to the Master Condominium Documents, (d) as “Lessee” or “Tenant” of the Conference Center Unit under and pursuant to the Conference Center Lease, together with all appurtenant easements, hereditaments and appurtenances thereunto and any other rights and interests appurtenant to such leasehold interest, and (e) as “Declarant” and a “Unit Owner” of the Hotel Unit and (by virtue of Seller’s status as “Lessee” or “Tenant” of the Conference Center Unit under the Conference Center Lease) the Conference Center Unit under and pursuant to the Sub-Condominium Documents (collectively, the “Real Property Interests”);
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Interests in land a. Interests in land owned prior to the project will be valued for credit purposes as of the date of the award of the construction contract. An appraisal report will need to be made unless the time of acquisition was close to the signing of the PCA, then credit may be based upon a value established in an acceptable appraisal report capable of being updated. EXCEPTION: Interests in land purchased previously under another Federal project do not qualify for credit. b. All acquisitions for this project by the Sponsor after the PCA signing shall be based on the fair market value established by an appraisal or upon a counteroffer which has been approved in writing by the Real Estate Division, St. Xxxx District. c. Interests in land that were acquired through condemnation shall receive credit based upon the court award. d. Interests in land donated to the Sponsor shall be credited according to the value established by an appraisal of its fair market value as of the date of the award of the construction contract.
Sample 1
Interests in land. No Group Company has any interest in land except for its interest in the Properties.
Sample 1
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Interests in land. (1) Without prejudice to the generality of this Act and despite anything to the contrary in any other Act or law, if, immediately before the coming into operation of an Order under section 98 (whether made before or after the commencement of section 7 of the Water Acts (Amendment) Act 1996), an Authority, in relation to property affected by the Order, was the registered proprietor of, or entitled to be registered as the proprietor of, an interest in land under the Transfer of Land Act 1958 or had claimed an interest in land under the Transfer of Land Act 1958 by lodging a caveat under that Act, then on and after that coming into operation—
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Interests in land. The Company does not have any interest in land except for its interest in the Properties.
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Related to Interests in land

  • 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.

  • 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.

  • Partnership Interests Except as may otherwise be provided herein, each Partner’s percentage interest in the assets, profits, and distributions of the Partnership (“Partnership Interest”) shall be as set forth in Exhibit B attached hereto and incorporated herein by reference.

  • Varying Interests All items of income, gain, loss, deduction or credit shall be allocated, and all distributions shall be made, to the Persons shown on the records of the Company to have been Members as of the last calendar day of the period for which the allocation or distribution is to be made. Notwithstanding the foregoing, if during any taxable year there is a change in any Member's Sharing Ratio, the Members agree that their allocable shares of such items for the taxable year shall be determined on any method determined by the Management Committee to be permissible under Code Section 706 and the related Treasury Regulations to take account of the Members' varying Sharing Ratios.

  • Rights; Interests; Etc (a) So long as no Event of Default (as hereinafter defined) shall have occurred and be continuing: (i) the Company shall be entitled to exercise any and all rights pertaining to the Pledged Property or any part thereof for any purpose not inconsistent with the terms hereof; and (ii) the Company shall be entitled to receive and retain any and all payments paid or made in respect of the Pledged Property. (b) Upon the occurrence and during the continuance of an Event of Default: (i) All rights of the Company to exercise the rights which it would otherwise be entitled to exercise pursuant to Section 2.2(a)(i) hereof and to receive payments which it would otherwise be authorized to receive and retain pursuant to Section 2.2(a)(ii) hereof shall be suspended, and all such rights shall thereupon become vested in the Secured Party who shall thereupon have the sole right to exercise such rights and to receive and hold as Pledged Property such payments; provided, however, that if the Secured Party shall become entitled and shall elect to exercise its right to realize on the Pledged Property pursuant to Article 5 hereof, then all cash sums received by the Secured Party, or held by Company for the benefit of the Secured Party and paid over pursuant to Section 2.2(b)(ii) hereof, shall be applied against any outstanding Obligations; and (ii) All interest, dividends, income and other payments and distributions which are received by the Company contrary to the provisions of Section 2.2(b)(i) hereof shall be received in trust for the benefit of the Secured Party, shall be segregated from other property of the Company and shall be forthwith paid over to the Secured Party; or (iii) The Secured Party in its sole discretion shall be authorized to sell any or all of the Pledged Property at public or private sale in order to recoup all of the outstanding principal plus accrued interest owed pursuant to the Convertible Debenture as described herein

  • Participating Interests Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.

  • Interests in and of Distributor It is understood that any of the shareholders, trustees, officers, employees and agents of the Trust may be a shareholder, director, officer, employee or agent of, or be otherwise interested in, the Distributor, any affiliated person of the Distributor, any organization in which the Distributor may have an interest or any organization which may have an interest in the Distributor; that the Distributor, any such affiliated person or any such organization may have an interest in the Trust; and that the existence of any such dual interest shall not affect the validity hereof or of any transaction hereunder except as otherwise provided in the agreement and declaration of trust or by-laws of the Trust, in the limited partnership agreement of the Distributor or by specific provision of applicable law.

  • Interests in Other Entities The Company does not own or control, directly or indirectly, an interest in any corporation, partnership, limited liability company, joint venture, trust or other entity.

  • 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.

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