No Warranty of Title. Lessor claims title to the mineral estate covered by this Lease. Lessor does not warrant title nor represent that no one will dispute the title asserted by Lessor. It is expressly agreed that Lessor shall not be liable to Lessee for any alleged deficiency in title to the mineral estate, nor shall Lessee become entitled to any refund for any rentals, bonuses, or royalties paid under this Lease in the event of title failure.
No Warranty of Title. This Lease is made without warranty of title, express, implied or statutory. It shall be Xxxxxx’s sole burden and obligation to assure itself of the quality of title of the Leased Premises, and Lessee will bear all costs and expenses incurred in curing any title defect or defending title to the Leased Premises. Xxxxxx also agrees that no claims will be made against Lessor pertaining to the title to the Leased Premises. In the event an adverse claimant files suit against the Lessor or Xxxxxx claiming title to all or a portion of the rights on or under the Leased Premises, or Xxxxxx believes, in good faith, that another person may claim title to all or a portion of the rights on or under the Leased Premises, all payments, including royalties accruing to the disputed portion of the Leased Premises shall be placed in an interest-bearing escrow account until such time as the ownership of the disputed interest shall be determined by compromise or a non-appealable final judgment of a tribunal of competent jurisdiction. The payments placed in escrow shall be distributed as determined by compromise or at the direction set forth in a non- appealable final order of the tribunal of competent jurisdiction.
No Warranty of Title. 16.01 State does not warrant the title to the premises, and the rights, privileges, and authority granted herein will be subject to any easements, rights-of-way, mineral reservations or other rights upon, within, over, through, across, above or under the premises now outstanding in third persons.
16.02 In the event of a determination by compromise or by a non-appealable final judgment of a court of competent jurisdiction that State does not have title to all or part of the oil, gas, condensate and/or liquid hydrocarbon rights on or under the Premises, Tenant will pay State Royalties and other payments thereafter accruing in proportion to State’s ownership as determined by the compromise or non-appealable final order. Any sums of money previously paid pursuant to the terms of the Lease will not be reimbursable to Xxxxxx and Xxxxxx agrees it will not seek reimbursement from State for the previously paid money.
16.03 If Tenant is notified of an adverse claim potentially affecting title to all or a portion of the oil, gas, condensate, and/or liquid hydrocarbon rights under the Premises, Tenant will give notice of such claim to State which may, with the approval of the Ohio Attorney General, enter into an escrow arrangement for future royalties and shut-in fees accruing to such disputed portion under terms and conditions proper to safeguard the rights and interests of all parties. If an adverse claimant files suit against State or against Tenant claiming title to all or a portion of the oil, gas, condensate and/or liquid hydrocarbon rights on or under the Premises, or if Tenant, after receiving notice of an adverse claim, institutes litigation in a court of competent jurisdiction to secure an adjudication of the validity of the claim, the Royalties accruing to the litigated portion will be placed in an escrow account until such time as the ownership of the disputed interest will be determined by compromise or a non-appealable final judgment of a court of competent jurisdiction. The Royalties placed in escrow will be distributed as determined by compromise or at the direction set forth in a non-appealable final order of the court of competent jurisdiction. Tenant will not seek reimbursement from State for any Royalty payments made prior to a determination of mineral ownership or rights under this provision, nor will Tenant seek any attorney fees, expert fees, court costs or other payments or reimbursement as a result of any legal, administrative or other action ...
No Warranty of Title. Except as provided in Section 3.1, the contributions and conveyances made by Section 2.1 are made without warranty of title, express, implied or statutory, and without recourse even as to the return of the purchase price, but with full substitution and subrogation of Monterey, and all persons claiming by, through and under Monterey, to the extent assignable, in and to all covenants and warranties by Santa Fe's predecessors in title and with full subrogation of all rights accruing under the statutes of limitation or prescription under the laws of various states in which the Subject Assets are located and all rights of actions of warranty against all former owners of the Subject Assets.
No Warranty of Title. This Lease is made without warranty of title, express, implied or statutory. It shall be Xxxxxx’s sole burden and obligation to assure itself of the quality of title of the Leased Premises, and Lessee will bear all costs and expenses incurred in curing any title defect or defending title to the Leased Premises. Xxxxxx also agrees that no claims will be made against Lessor pertaining to the title to the Leased Premises. In the event an adverse claimant files suit against the Lessor or Xxxxxx claiming title to all or a portion of the rights on or under the Leased Premises, the royalties accruing to the litigated portion of the Leased Premises shall be placed in an interest-bearing escrow account until such time as the ownership of the disputed interest shall be determined by compromise or a non-appealable final judgment of a tribunal of competent jurisdiction. The royalties placed in escrow shall be distributed as determined by compromise or at the direction set forth in a non-appealable final order of the tribunal of competent jurisdiction.
No Warranty of Title. In executing this Lease, the State makes no claims or guarantees with respect to the title of the Premises herein Leased, and the Lessee specifically agrees that it shall in no way hold the State liable for any claims or damages for any interruption of its enjoyment or use of the Premises should any dispute to title arise during the course of this Lease.
No Warranty of Title. Except as specifically set forth in Article 9.1, Vendor does not warrant title to the Assets or purport to convey any better title than it now has or is entitled to receive.
No Warranty of Title. In the event any Party, subsequent to the date of this Agreement, encumbers any interest it now holds or may obtain under this Agreement, the Party which encumbers its interest shall be solely responsible for that encumbrance, and agrees to indemnify the other Parties to this Agreement from any Losses caused by the encumbrance.
No Warranty of Title. Subject to Section 2.05 below and without limiting or reducing any of Landlord’s covenants contained in this Lease Agreement, Tenant agrees that Landlord is leasing to Tenant all of Landlord’s right, title and interest in and to the Fairgrounds without warranty of title.
No Warranty of Title. CP does not warrant that it has good title to the Property.
