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LAND TITLE Sample Clauses

LAND TITLE. 5.1 Title to the Property will be free of all encumbrances, liens and interests except for: (a) those implied by law; (b) non-financial obligations now on title such as easements, utility rights-of-way, covenants and conditions that are normally found registered against property of this nature; (c) homeowner association caveats, encumbrances and similar registrations; and (d) items the buyer agrees to assume in this contract.
LAND TITLEFederal Title Registration 1. Federal land title and land registry laws, other than laws with respect to the survey and recording of interests or estates that are owned by Canada and are in Kitselas Lands, do not apply to any parcel of Kitselas Lands.
LAND TITLE. The Town has agreed to provide land to the District to construct the new library facility. The site is as described in Exhibit A hereto. The Town will continue to own, and will lease to the District pursuant to this IGA, the library site as defined in exhibit A. Although a lease will not require a title insurance policy, the Town agrees that as the owner it is responsible for defending any and all title disputes relating to the defined library site and any adjoining property owned by the Town. In the event of a question as to the validity of the Town’s claim of ownership, the Town agrees to take reasonable steps necessary to confirm its ownership of the Library site, including seeking to obtain appropriate deeds or other forms of documentation as to such property, and, if necessary, bringing a quiet title action or other legal proceeding to resolve any possible title disputes.
LAND TITLE. Before the Final Agreement, the Parties will deal with issues related to the registration of interests on Tsawwassen Lands, including:
LAND TITLE. Although the Company has obtained title opinions with respect to certain of its properties, there may still be undetected title defects affecting such properties. Accordingly, such properties may be subject to prior unregistered liens, agreements, transfers or claims, and title may be affected by, among other things, undetected defects which could have a material adverse impact on the Company's operations. No assurance can be given that aboriginal land claims will not be asserted in the future in which event the Company's operations and title to its properties may potentially be seriously adversely affected.
LAND TITLE. The Final Agreement will include provisions to allow for Yekooche First Nation Lands and parcels thereof to be registered in the provincial Land Title Office.
LAND TITLETitle to the Property will be free of all encumbrances, liens and interests except for:
LAND TITLE. The Town has agreed to make the New Library Site available to the District to construct the new library facility. The Town will continue to own the New Library Site and will lease it to the District in accordance with the terms set forth in this IGA. The Parties agree that the lease arrangement would not typically require a title insurance commitment, but the Town and the District previously obtained one effective April 1, 2016, covering several parcels, and the Town wishes to receive an updated title commitment for just for the new library site, and will bear any costs associated therewith. The Town further agrees to take such reasonable steps as may be necessary to confirm its ownership of the New Library Site, including but not limited to seeking to obtain appropriate deeds or other forms of documentation as to such property, and, if necessary, bringing a quiet title action or other legal proceeding to resolve any possible title disputes. In addition, the Town may also elect to obtain a title insurance policy for the new library site in a reasonable amount as determined by the Town. If the Town applies for and obtains a title insurance policy, the Parties agree to share the cost of the policy evenly. If the District is required to obtain a title insurance policy as a condition of securing financing for the lease and the project, the District shall be responsible for all costs associated with that title insurance policy.

Related to LAND TITLE

  • ABSTRACT AND TITLE Sellers, at their expense, shall promptly obtain an abstract of title to the Real Estate continued through the date of this contract and deliver it to Buyers for examination. It shall show merchantable title in Sellers in conformity with this contract, Iowa law and the Title Standards of the Iowa State Bar Association. The abstract shall become the property of the Buyers when the purchase price is paid in full, however, Buyers reserve the right to occasionally use the abstract prior to full payment of the purchase price. Sellers shall pay the costs of any additional abstracting and title work due to any act or omission of Sellers, including transfers by or the death of Sellers or their assignees.

  • RISK AND TITLE (a) Risk of damage to or loss of the Goods shall pass to the Customer at the time when: i) in the case of Goods to be delivered otherwise than at the Company’s premises, at the time of delivery or, if the Customer fails to take delivery of the Goods in accordance with the terms of the Contract, the time when the Company tenders delivery of the Goods; or ii) the Company notifies the Customer that the Goods are available for collection. (b) Notwithstanding risk in the Goods passing in accordance with Term (7)(a) above, legal and equitable title in the Goods shall not pass to the Customer until payment in full in cleared funds is received by the Company for the Goods and no other amounts are outstanding from the Customer to the Company. (c) Until title to the Goods has passed to the Customer, the Customer shall: i) hold the Goods on a fiduciary basis as the Company’s bailee; ii) store the Goods separately from all other goods held by the Customer so that they remain readily identifiable as the Company’s property; iii) not remove, deface or obscure any identifying mark or packaging on or relating to the Goods; iv) maintain the Goods in satisfactory condition and keep them insured against all risks for their full price from the date of delivery; v) notify the Company immediately if it becomes subject to insolvency proceedings, ceases or threatens to cease to carry on its business or is the subject of any enforcement action by a creditor (including the presentation of a petition for bankruptcy); and vi) give the Company such information relating to the Goods as the Company may require from time to time, however, the Customer may use the Goods in the ordinary course of its business. (d) The Company is irrevocably authorised at any time to enter the Customer’s premises or any alternative location where the Goods are stored for the purpose of repossessing, removing and if necessary dismantling such Goods for the purposes of removal. (e) The Company’s rights set out in this Term (7) shall survive any termination of the Contract.