Leased Items. 274 13.1.5.1 The following leased items are part of the transaction: 275 276 277 278 279
Leased Items. The following personal property is currently leased to Seller which will be transferred to Buyer 65 at Closing (Leased Items): 66 67 69
Leased Items. Leased items that remain with the Property: (e.g., security systems, water softener systems, fuel 30 tank, etc.): .
Leased Items. Seller shall disclose in Paragraph 4(b) above all items on Property, including, but not limited to, any security systems, satellite dishes, or propane gas tanks, that are leased, rather than owned, by Seller. Purchaser may be able to assume any outstanding leases or may not be able to assume same. The assignment or assumption and payment terms are separate and apart from this Contract and must be entered into by separate agreement or addendum hereto after notice and approval by the improvement's lessor (the party who owns the leased item and is leasing it to Seller). However, Xxxxxxxxx agrees to hold harmless agents and brokers from any liability as a result of the removal of said improvement by Seller when said improvement is being leased by Xxxxxx. The repair limitation set forth in Paragraph 10 hereof shall not apply to any repairs necessitated by such detachment or removal of leased items.
Leased Items. Any leased items, systems or service contracts (including, but not limited to, fuel tanks, water treatment systems, lawn contracts, security system monitoring and satellite contracts) DO NOT convey absent an express written agreement by Purchaser and Seller. The following is a list of the leased items within the Property:
Leased Items. Leased items that remain with the Property: (e.g., security systems, water softener systems, fuel 30 tank, etc.): --- . 31 Buyer shall assume any and all lease payments as of Closing. If leases are not assumable, the balance shall be paid in 32 full by Seller at or before Closing.
Leased Items. The following personal property is currently leased to Seller which will be transferred to Buyer 74 at Closing (Leased Items): 75 76 77 78 79 Buyer Will Will Not assume Seller’s debt and obligations under such leases for the Leased Items subject to Buyer’s review 80 under §10.6. (Leased Items Documents) and Xxxxx’s receipt of written approval by such lender before Closing. If Buyer does not 81 receive such approval this Contract terminates.
Leased Items. 2.1 The leased items as stipulated in this Contract are originally owned by Party B. Party B transfers the leased items to Party A according to the Contract, and Party A leases back the equipment and other assets used by Party B. The specific content is shown in Annex I List of Leasing Items.
2.2 Party B guarantees that it has independent, complete and legal ownership of the leased items it transfers to Party A, no mortgage, pledge and other security rights have been set on the leased items in any way, and there is no priority or any other defect of right.
Leased Items. Buyer acknowledges the golf carts (“Leased Carts”) located at the Golf Course are leased to Operator by a third-party lessor (each, a “Cart Lease Lessor”) or subject to one or more golf cart financing agreements with Operator (collectively, the “Cart Leases” and each, a “Cart Lease”) and certain maintenance equipment (“Leased Equipment”) located at the Golf Course is leased to Operator by one or more third party lessors (“Equipment Lessors”) or subject to one or more equipment leases, master leases or financing agreements with Operator (collectively, “Equipment Leases”). Buyer shall, subject to the terms and conditions of this Section 3.4, assume Operator’s obligations under the Cart Leases and Equipment Leases at Closing pursuant to the Assignment and Assumption of Contracts and all costs associated with such assumption shall be split and paid in equal parts by Buyer and Seller, and each Cart Lease Lessor and Equipment Lease Lessor shall release Operator from all obligations and liabilities arising from and after Closing, under the applicable Cart Lease and Equipment Lease, respectively. If any Cart Lease Lessor and/or Equipment Lease Lessor does not confirm in writing to Seller and Operator prior to Closing that such Cart Lease Lessor or Equipment Lease Lessor’s agreement to permit Buyer to assume the applicable Cart Lease or Equipment Lease on the terms set forth above, then the AGC Management Agreement shall be amended to provide that Operator shall continue to be a party to the Equipment Leases and allow the Leased Carts and Leased Equipment to remain in use on the Golf Course and related Property, and the Closing shall proceed in accordance with the terms and provisions of this Agreement, and the applicable Leased Carts or Leased Equipment shall remain the responsibility of Operator as manager of the Golf Course pursuant to the AGC Management Agreement. The terms of this provision shall survive Closing and shall not be merged into the Deed or other closing documents.
Leased Items. Leased items that remain with the Property (e.g. billboards, irrigation systems, fuel tank, etc.)
