Common use of Owner in Fee Clause in Contracts

Owner in Fee. [The County covenants that it is the owner in fee of the Facilities. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the FacilitiesDemised Premises. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the Facilities, as described in Exhibit A hereto. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners Corporation harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the Facilities. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority Authority, the Trustee and the Bondowners Bondholders harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the Facilities. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the FacilitiesSubstitute Property. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]

Owner in Fee. [The County covenants that it is the owner in fee of the Facilities. The County further covenants and agrees that if for any reason this covenant proves to be incorrect, the County will either institute eminent domain proceedings to condemn the property or institute a quiet title action to clarify the County’s title, and will diligently pursue such action to completion. The County further covenants and agrees that it will hold the Authority and the Bondowners Holder harmless from any loss, cost or damages resulting from any breach by the County of the covenants contained in this Section.]