No Possessory Interest. Seller shall cause the Property and FF&E to be free and clear of any possessory interest whether under a lease or otherwise on the Closing Date, except where approved by Buyer in writing prior to the Closing Date.
No Possessory Interest. Seller shall cause the Property to be free and clear of any possessory interest whether under a lease or otherwise on the Closing Date, except where approved by Bxxxx in writing prior to the Closing Date. Any and all tenant(s) or licensee(s), if any, shall have surrendered its interest in North Range and removed all of its FF&E and other personal property from the PODS as of the Closing Date, and any such failure of Seller to assure the same shall result in the imposition of liquidated damages of Fifty Thousand Dollars (US$50,000) per day thereafter, starting from that date which is forty-five (45) days following the Effective Date.
No Possessory Interest. BANKRUPTCY CUSTOMER has, and will have, no possessory or other interest in the transponder(s) used to provide Service pursuant to this Agreement. CUSTOMER acknowledges that: (1) it has been advised of and fully understands the conditions and the consideration pursuant to which SKYNET provides and CUSTOMER accepts the Service and (2) the rates for the Service, as well as the termination charges as provided for in Section 20 (`EARLY TERMINATION") hereof, are fair and reasonable at the market on the date of commitment to the Service and the date of this Agreement. CUSTOMER recognizes that the transponder used for the provision of the Service contemplated under this Agreement is a commodity in limited supply and that those using full time transponder service, similar to the Service provided under this Agreement, usually enter into long-term commitments with service providers. Therefore, CUSTOMER understands that its acceptance of the Service precludes SKYNET from accepting any other customer for Service on the transponder(s) being used to provide Service to Customer. Because of this, CUSTOMER concedes that a failure to fulfill CUSTOMER's obligations under this Agreement would irreparably harm SKYNET. Therefore, in the event of any bankruptcy or similar proceeding on the part of CUSTOMER, CUSTOMER agrees that it will petition any relevant court for prompt action to accept or reject this Agreement, and to authorize the scheduled payments in full.
No Possessory Interest. No clause, phrase, sentence, paragraph or article of this Agreement shall vest any possessory or leasehold interest in any real property or the personal property of the County in the AIRLINE nor shall such be construed as creating any landlord and tenant or partnership or joint venture relationship between the County and the AIRLINE, other than as set forth in any lease agreement entered into between the parties.
No Possessory Interest. Notwithstanding anything set forth herein, Licensee acknowledges that nothing herein shall provide Licensee with either a possessory right, title or interest in and to the Oxxxxxxxx , or a possessory right in and to said Premises or Offices.
No Possessory Interest. The Parties agree and expressly warrant that this Agreement does not convey any possessory interest in the Tribal Operations or any other tribal lands. The Tribe maintains the sole proprietary and possessory interest in the casino.
No Possessory Interest. No possessory interest in any part of the Marina is conveyed or accrues under this Agreement and Operator acknowledges same. Ownership of the Premises, including the real property, submerged property, buildings, facilities, dock improvements, fixtures, equipment, office furniture, and other property constituting the Premises shall remain with the City. Accordingly, City and Operator agree that nothing in this Agreement shall entitle Operator to file any claim, lien or notice against any real property owned by City. Operator waives any right it may now or hereafter have to record a lis pendens against the Premises property if a dispute arises under this Agreement.
No Possessory Interest. I understand and acknowledge that I have no specific ownership or possessory right in the District-owned devices I use or in the information stored or created therein. I understand and acknowledge that District-owned devices are the property of the District. District-owned devices and the information contained therein may be assigned or used by other employees.
No Possessory Interest. Licensee acknowledges and agrees that City’s grant of this License to use the Property creates no possessory interest in the Property and therefore Licensee shall abandon the use of the Property without the necessity of a judicial proceeding by the City no later than the expiration of this Agreement, or, in the event of an earlier termination of this Agreement, Licensee shall abandon the use of the Property immediately upon such earlier termination. Licensee further acknowledges and agrees that any failure to abandon the use of the Property upon expiration or termination of this Agreement shall constitute a trespass. This Agreement is intended to be for a short term duration.
