Possession of and Title to Real Property Sample Clauses

Possession of and Title to Real Property. As of the Effective Date, the Authority holds good and marketable fee title to the Premises free and clear of all encumbrances other than those easements and other matters of record set forth on Exhibit D attached hereto (“Permitted Encumbrances”). Except as expressly permitted under this Agreement or as Approved by StadCo and except for Permitted Encumbrances, the Authority shall not create any lien or other encumbrance that would (i) encumber the Premises or (ii) materially diminish, impair or disturb the rights of StadCo under this Agreement.
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Possession of and Title to Real Property. As of the date of the conveyance of the Land by the Fair Board to Bristol, the Fair Board will hold good and marketable fee title to the Premises free and clear of all encumbrances other than easements, matters of record, and encumbrances determinable from an inspection of the Premises (“Permitted Encumbrances”). Except as expressly permitted under this Lease or as Approved by Bristol and except for Permitted Encumbrances, the Fair Board shall not create any Lien or other encumbrance that would (i) encumber the Premises or (ii) materially diminish, impair or disturb the rights of Bristol under this Lease.
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Possession of and Title to Real Property. As of the date of the conveyance of the Land by StadCo to the Authority, the Authority will hold good and marketable fee title to the Premises free and clear of all encumbrances other than those easements and other matters of‌ record set forth on Exhibit D attached hereto (“Permitted Encumbrances”). Except as expressly permitted under this Agreement or as Approved by StadCo and except for Permitted Encumbrances, the Authority shall not create any lien or other encumbrance that would (i) encumber the Premises or (ii) materially diminish, impair or disturb the rights of StadCo under this Agreement.
Sample 1
Possession of and Title to Real Property. As of the Effective Date, the Authority holds leasehold title to the Premises free and clear of all encumbrances other than those easements and other matters of record set forth on Exhibit F attached hereto (“Permitted Encumbrances”). Except as expressly permitted under this Lease or as approved by StadCo and except for Permitted Encumbrances, the Authority shall not create any lien or other encumbrance that would (i) encumber the Premises or (ii) materially diminish, impair or disturb the rights of StadCo under this Lease.‌
Sample 1
Possession of and Title to Real Property. The Authority holds or will hold by not later than the Commencement Date (i) good and marketable fee title to each property owned by the Authority, and (ii) valid and enforceable leases, licenses, and easements over any and all portions of the Stadium Site, in each case, free and clear of all encumbrances other than the Permitted Encumbrances and Permitted Easements. If any title defect shall materially diminish, impair or disturb the rights of the Team under this Agreement with respect to the Stadium and Stadium Infrastructure, the Authority shall take commercially reasonable actions, at its sole cost and expense, to promptly eliminate such title defect. The Parties agree that a Permitted Encumbrance shall not constitute a title defect. Except as expressly permitted under this Agreement and except for Permitted Encumbrances, the Authority shall not create any lien, encumbrance, easement, license, right-of-way, covenant, condition or restriction that would (i) encumber the Stadium and Stadium Infrastructure and (ii) materially diminish, impair or disturb the rights of the Team under this Agreement.
Sample 1

Related to Possession of and Title to Real Property

  • Title to Property The Company and its Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects except such as are described in Schedule 3(t) or such as would not have a Material Adverse Effect. Any real property and facilities held under lease by the Company and its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as would not have a Material Adverse Effect.

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property: _ The real property in Section II and any personal property in Section III shall be collectively known as the “Property”.

  • Title to Equipment Title shall vest in the Contractor to all equipment purchased hereunder.

  • Title to Improvements Any improvements, developments, adaptations and/or modifications to the Foreground Intellectual Property, and any and all new inventions or discoveries, based on or resulting from the use of Transnet’s Background Intellectual Property and/or Confidential Information shall be exclusively owned by Transnet. The Supplier/Service Provider shall disclose promptly to Transnet all such improvements, developments, adaptations and/or modifications, inventions or discoveries. The Supplier/Service Provider hereby undertakes to sign all documents and do all things as may be necessary to effect, record and perfect the assignment of such improvements, developments, adaptations and/or modifications, inventions or discoveries to Transnet and the Supplier/Service Provider shall reasonably assist Transnet in attaining, maintaining or documenting ownership and/or protection of the improved Foreground Intellectual Property.

  • Title to Properties The Company and each Subsidiary have good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of their respective businesses, except for such defects in title as could not, individually or in the aggregate, have a Material Adverse Effect. As of the Closing Date, the property of the Company and its Subsidiaries is subject to no Liens, other than Permitted Liens.

  • WARRANTY OF TITLE TO GAS 1. Seller warrants the title to all gas delivered hereunder and the right to sell the same and that such gas shall be free and clear from all liens and adverse claims.

  • Title to the Property Borrower will warrant and defend the title to the Property, and the validity and priority of all Liens granted or otherwise given to Lender under the Loan Documents, subject only to Permitted Encumbrances, against the claims of all Persons.

  • Title to Work Title to Work, materials and equipment covered by an approved Application for Payment will pass to the Owner either by incorporation in construction or upon receipt of payment by the Contractor, whichever shall occur first;

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

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