No Grant of Property Interest Sample Clauses

No Grant of Property Interest. The License does not grant or convey any property interest.
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No Grant of Property Interest. This AGREEMENT is not a grant by CITY of any property interest but is made subject and subordinate to the prior and continuing right of CITY to use all the PUBLIC RIGHT OF WAY including, but not limited to, public use as a sidewalk and for the purpose of laying, installing, maintaining, repairing, protecting, replacing, and removing sanitary sewers, water mains, storm drains, gas mains, poles, overhead and underground electric and telephone wires, cable television, telecommunications facilities and other utility and municipal uses together with appurtenances thereof and with right of ingress and egress, along, over, across and in said PUBLIC RIGHT OF WAY.
No Grant of Property Interest. The Agreement does not grant or convey any property interest. City Participation in Litigation: FOAB shall immediately notify the City of any litigation which would affect the City’s rights under this Agreement. The City shall promptly notify FOAB in writing of any claim or suit for which the City seeks indemnification and defense by FOAB and request that FOAB indemnify the City. FOAB will give written notice to the City of its acceptance of the defense and shall be entitled to engage legal counsel of its own choosing. City’s failure to so notify and request indemnification shall not relieve FOAB of any liability that FOAB might have, except to the extent that such failure prejudices FOAB’s ability to defend such claim or suit. In the event that FOAB refuses the tender of defense in any suit or any claim, as required under the indemnification provisions contained herein, and that refusal is subsequently determined by a court having appropriate jurisdiction (or such other tribunal that the Parties agree to decide the matter), to have been a wrongful refusal on the part of FOAB, FOAB shall pay all of the City’s reasonable costs for defense of the action, including all reasonable expert witness fees, costs, and attorneys’ fees, and including costs and fees incurred in recovering under this indemnification provision. The City shall have the right, at the City’s sole cost and expense, to employ separate counsel on behalf of the City for the City to bring or pursue any counterclaims or interpleader action, equitable relief, restraining order, or injunction. Each Party agrees to cooperate and to cause its employees and agents to cooperate with the other Party in the defense of any such claim, and the relevant records of each Party shall be available to the other party with respect to any such defense. No compromise or settlement shall be approved or executed without the prior written consent of the City and FOAB, if the compromise or settlement involves the rights of the other party. If the City refuses a compromise or settlement that has been approved by FOAB, the City shall, at its sole cost and expense, take over the defense and FOAB shall not be responsible for, nor obligated to indemnify the City, against any cost or liability in excess of such refused compromise or settlement.

Related to No Grant of Property Interest

  • CONDITION OF PROPERTY Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date. An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

  • Abandonment of Property We need not accept any property abandoned by an "insured".

  • Treatment of Property All property purchased or furnished by DSHS for use by the Contractor during this Contract term shall remain with DSHS. Title to all property purchased or furnished by the Contractor for which the Contractor is entitled to reimbursement by DSHS under this Contract shall pass to and vest in DSHS. The Contractor shall protect, maintain, and insure all DSHS property in its possession against loss or damage and shall return DSHS property to DSHS upon Contract termination or expiration.

  • Transfer of Property On the date set forth above, the Grantor transferred to the Trust Estate and assets described in Attachment A which is attached and incorporated into the Trust. The Grantor or someone acting on the Grantor’s behalf may transfer property, during the life of the Grantor or by the Grantor’s Will, to the Trust and list such property on Attachment A. The Grantor, along with any other individual, may transfer property to the ownership of the Trust. Property may be added to the Trust by writing in Attachment A, by attached receipt, or by placing the property under the ownership of the Trust. Attachment A is for reference only, and any property transferred to the Trust formally or informally, but not listed on Attachment A, is also part of the Trust. All property transferred to the Trust formally or informally, together with the investments and reinvestments, as well as any income earned is sometimes collectively referred to herein as the "Trust Estate". All property transferred to or deposited with the Trustee shall be held by it in trust for the uses and purposes stated herein.

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