Partial Conveyance Resulting from Partition Sample Clauses
Partial Conveyance Resulting from Partition. Upon any conveyance under Section 2.4 hereof to the County, the Corporation and the Trustee shall execute and deliver to the County all necessary documents assigning, transferring and conveying all interest in the County Facilities by an instrument terminating the Sub-Base Lease and this Facilities Agreement with respect to the County Facilities and quit claim or special warranty deed, as the case may be, in the form as mutually agreed to by the Trustee, the Corporation and the County, subject to the following:
(i) Permitted Encumbrances, other than this Facilities Agreement and the Trust Agreement;
(ii) all liens, encumbrances and restrictions created or suffered to exist by the County, the Corporation and the Trustee as required or permitted by this Facilities Agreement or the Trust Agreement or arising as a result of any action taken or permitted to be taken by the County, the Corporation or the Trustee as required or permitted by this Facilities Agreement or the Trust Agreement; and
(iii) any lien or encumbrance created by action of the County. Neither the Trustee nor the Corporation shall be responsible for the recordation of any deed or other instrument for such purposes, and the County shall be responsible for the recordation of any such deed or other instrument for such purposes. Upon any conveyance under Section 2.4 hereof to the Corporation, the County shall execute and deliver to the Corporation and the Trustee all necessary documents assigning, transferring and conveying all interest in the Corporation Facilities by an instrument terminating this Facilities Agreement with respect to the Corporation Facilities and quit claim or special warranty deed, as the case may be, in the form as mutually agreed to by the Trustee, the Corporation and the County, subject to the following:
(i) Permitted Encumbrances, other than this Facilities Agreement and the Trust Agreement;
(ii) all liens, encumbrances and restrictions created or suffered to exist by the County, the Corporation and the Trustee as required or permitted by this Facilities Agreement or the Trust Agreement or arising as a result of any action taken or permitted to be taken by the County, Corporation or the Trustee as required or permitted by this Facilities Agreement or the Trust Agreement;
(iii) any lien or encumbrance created by action of the County; and
(iv) the Sub-Base Lease. The County shall not be responsible for the recordation of any deed or other instrument to the Trustee or the Cor...
Partial Conveyance Resulting from Partition. Upon any conveyance under Section 2.4 hereof to the City, the Corporation and the Lender shall execute and deliver to the City all necessary documents assigning, transferring, and conveying all interest in the City Facilities by an instrument terminating the Base Lease and this Facilities Agreement with respect to the City Facilities and quit claim or special warranty deed, as the case may be, in the form as mutually agreed to by the Lender, the Corporation, and the City, subject only to the following:
(i) Permitted Encumbrances, other than this Facilities Agreement and the Note Agreement;
(ii) All liens, encumbrances, and restrictions created or suffered to exist by the City, the Corporation and the Lender as required or permitted by this Facilities Agreement or the Note Agreement or arising as a result of any action taken or permitted to be taken by the Corporation or the Lender as required or permitted by this Facilities Agreement or the Note Agreement; and
(iii) Any lien or encumbrance created by action of the City. Neither the Lender nor the Corporation shall be responsible for the recordation of any deed or other instrument for such purposes.
Partial Conveyance Resulting from Partition. Upon any conveyance under Section 2.4 hereof, the Corporation and the Trustee shall execute and deliver to the School District all necessary documents assigning, transferring and conveying all interest in the School District Facilities by an instrument terminating the Base Lease and this Purchase and Use Agreement with respect to the School District Facilities and quit claim or special warranty deed, as the case may be, in the form as mutually agreed to by the Trustee, the Corporation and the School District, subject to the following:
(i) Permitted Encumbrances, other than this Purchase and Use Agreement and the 2013 Trust Agreement;
(ii) all liens, encumbrances and restrictions created or suffered to exist by the Corporation and the Trustee as required or permitted by this Purchase and Use Agreement or the 2013 Trust Agreement or arising as a result of any action taken or permitted to be taken by the Corporation or the Trustee as required or permitted by this Purchase and Use Agreement or the 2013 Trust Agreement; and
(iii) any lien or encumbrance created by action or inaction of or consented to by the School District. Neither the Trustee nor the Corporation shall be responsible for the recordation of any deed or other instrument for such purposes.