Non-owned Property Sample Clauses

Non-owned Property. We do not cover property damage to non- owned property occupied by, used by, or in the care of any insured or any other resident of any insured's household, except as provided in Additional Coverages, item 2. We do cover an insured's liability for property damage to such non-owned property if arising out of fire or smoke.
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Non-owned Property. All tangible personal property located at the Corporation's facility situated on the Real Estate is owned by the Corporation and has been included in the Corporation's Financial Statements.
Sample 1
Non-owned Property a. Coverage -- "We" cover direct physical loss or damage caused by a covered peril to non-owned "boats", "motors", or "boat trailers" that are borrowed by or rented to an "insured".
Sample 1
Non-owned Property. All tangible personal property located at the Corporation's facility situated at 11333 W. Melrose Street, Franklin Park, Illinois and on the Florxxx Xxxx Xxxxxx xx xxxxx xx xxx Xxxxxxxxxxx xxx has been included in the Corporation's Financial Statements.
Sample 1
Non-owned Property. The Vendor or its Associates do not own, directly or indirectly, any property or assets which are used by the Company or are necessary or useful in the conduct of its businesses, except for subcontracting arrangements with corporations owned as to 50% by the Company and disclosed on the schedule Material Contracts;
Sample 1
Non-owned Property. Except for the assets of Ameritech which are listed on SCHEDULE 3(BB) hereto, all tangible personal property located at the Company's facility situated at 10202 Airline Drive, Houston, Xxxxx, xx xx xxx Xxxxxxx Xxxx, xx xxxxx xy the Company and has been included in the Company's Financial Statements.
Sample 1

Related to Non-owned Property

  • Owned Property We do not cover property damage to property owned by any insured or any other resident of any insured's household. This includes expenses and costs incurred by any insured or others to repair, replace, restore or maintain such property to prevent injury to a person or damage to property of others, whether on or away from an insured location.

  • Owned Properties The Company does not own any real property.

  • Owned Real Property The Company does not own any real property.

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Title to Properties; Leases Except as indicated on Schedule 7.3 hereto, the Borrower and its Subsidiaries own all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

  • Owned Real Estate Neither the Company nor any of its Subsidiaries own any real property.

  • Tax Parcels Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, which shall be effective for the next tax year.

  • Title to Property; Encumbrances (a) The Company does not own any real property or any Structures.

  • Excluded Property Notwithstanding anything to the contrary in Section 2.1, the property, assets, rights and interests set forth in this Section 2.2 (the “Excluded Property”) are excluded from the Property:

  • Leaseholds If the Mortgage Loan is secured by a long-term residential lease, (1) the lessor under the lease holds a fee simple interest in the land; (2) the terms of such lease expressly permit the mortgaging of the leasehold estate, the assignment of the lease without the lessor's consent and the acquisition by the holder of the Mortgage of the rights of the lessee upon foreclosure or assignment in lieu of foreclosure or provide the holder of the Mortgage with substantially similar protections; (3) the terms of such lease do not (a) allow the termination thereof upon the lessee's default without the holder of the Mortgage being entitled to receive written notice of, and opportunity to cure, such default, (b) allow the termination of the lease in the event of damage or destruction as long as the Mortgage is in existence, (c) prohibit the holder of the Mortgage from being insured (or receiving proceeds of insurance) under the hazard insurance policy or policies relating to the Mortgaged Property or (d) permit any increase in rent other than pre-established increases set forth in the lease; (4) the original term of such lease is not less than 15 years; (5) the term of such lease does not terminate earlier than five years after the maturity date of the Mortgage Note; and (6) the Mortgaged Property is located in a jurisdiction in which the use of leasehold estates in transferring ownership in residential properties is a widely accepted practice;

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