Possession of Real Property Sample Clauses

Possession of Real Property. Possession of the Real Property free of any tenancies or occupancy.
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Possession of Real Property. The Owners are in full, complete and exclusive possession of the Real Property. To Sellers’ knowledge, there are no real property leases, licenses, tenancy or occupancy arrangements (other than the Space Leases, provision of Hotel rooms and related facilities to Hotel guests in the Ordinary Course of Business or as otherwise disclosed in Exhibit “B”) which relate to the Business, the Hotel or any part of the Real Property. There are no Space Leases affecting all or any portion of the Property except as set forth in Exhibit “B” to this Agreement. True and complete copies of the Space Leases (including all amendments), to the extent in Sellers’ possession or control, have been made available to Purchaser or will be made available to Purchaser no later than five (5) Business Days after the Effective Date. All of the Space Leases described in Exhibit “B” are in full force and effect, and there are no material defaults by any party thereunder except as disclosed in Exhibit “B”. There are no outstanding obligations for commissions, tenant improvements or other tenant concessions with respect to the Space Leases except as disclosed in Exhibit “B”.
Sample 1
Possession of Real Property. The Company represents that there are no parties in possession of the Real Property other than the Company. The Company shall deliver possession of the Real Property at the Closing Date.
Sample 1
Possession of Real Property. As of the Closing, Seller shall deliver possession of the Fee Parcels, GHM Ground Lease Parcel and Improvements to Buyer, subject only to Permitted Title Exceptions, including all keys and entrance cards to all of the entrance doors and all parking passes to the Improvements (not held by the Tenants) and keys to any Tangible Personal Property requiring same, which keys shall be properly tagged for identification.
Sample 1
Possession of Real Property. Possession of the Real Property will be given to Purchaser at the Closing. Purchaser will not acquire any title to the Real Property until possession has been given to it in accordance with this Real Property Agreement, and, accordingly, all risk and loss with respect to the Real Property will be borne by Seller until possession has been given to Purchaser. For purposes of this Real Property Agreement, possession will be deemed to have been given to Purchaser when Seller deliver or causes to be delivered to Purchaser good and sufficient instruments of transfer and conveyance as provided in this Real Property Agreement.
Sample 1
Possession of Real Property. Possession of the Real Property and the Leased Branch in the condition provided for in this Agreement, and keys therefor as well as all vault keys and combinations.
Sample 1

Related to Possession of Real Property

  • Location of Real Property The Perfection Certificate lists correctly, in all material respects, as of the Closing Date all Material Real Property owned by the Borrower and the Subsidiary Loan Parties and the addresses thereof. As of the Closing Date, the Borrower and the Subsidiary Loan Parties own in fee all the Real Property set forth as being owned by them in the Perfection Certificate except to the extent set forth therein.

  • Condition of Real Property All real property owned or leased by the Company or a Subsidiary is free of material structural defects and all building systems contained therein are in good working order in all material respects, subject to ordinary wear and tear or, in each instance, the Company has created an adequate reserve to effect reasonably required repairs, maintenance and capital expenditures. To the knowledge of the Company and the Operating Partnership, water, storm water, sanitary sewer, electricity and telephone service are all available at the property lines of such property over duly dedicated streets or perpetual easements of record benefiting such property. Except as described in the Registration Statement and the Prospectus, to the knowledge of the Company and the Operating Partnership, there is no pending or threatened special assessment, tax reduction proceeding or other action that, individually or in the aggregate, could reasonably be expected to increase or decrease the real property taxes or assessments of any of such property, that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

  • Possession of Property Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

  • Possession of the Property The Parties hereby agree that the exclusive possession of the Property shall be delivered by the Seller to the Buyer on .

  • Real Property Interests Except for leasehold interests disclosed on Schedule 3.20, and except for the ownership or other interests set forth on Schedule 3.20, no Credit Party has, as of the Closing Date, any ownership, leasehold or other interest in real property. Schedule 3.20 sets forth, with respect to each parcel of real estate owned by any Credit Party as of the Closing Date, the address and legal description of such parcel.

  • 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 Properties; Possession Under Leases (a) Such Borrower and each of its Subsidiaries have good and marketable title to, or valid leasehold interests in, all its material properties and assets, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes.

  • Possession of Collateral Agent and Secured Parties appoint each Lender as agent (for the benefit of Secured Parties) for the purpose of perfecting Liens in any Collateral held or controlled by such Lender, to the extent such Liens are perfected by possession or control. If any Lender obtains possession or control of any Collateral, it shall notify Agent thereof and, promptly upon Agent’s request, deliver such Collateral to Agent or otherwise deal with it in accordance with Agent’s instructions.

  • Personal Property Collateral The Administrative Agent shall have received, in form and substance satisfactory to the Administrative Agent:

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