Property Claims Clause Samples
Property Claims. 10.3.1 Unless we give our written consent, you must not create or attempt to create a property claim that is prior to our security or has the same priority as our security, and you must keep the property free from such a property claim.
10.3.2 You must pay every amount payable by you, when it's due, under a property claim that is prior to our security or has the same priority as our security. You must comply with every other obligation of yours under that claim. Where section 10.3.1 requires it, you must also get our written consent to the claim. You agree that you will not do, omit to do or permit anything that might lower the value of the property or impair our security, and you will not agree to do, omit to do or permit those things.
Property Claims. Property Claims" means all claims, actions, causes of action, demands, liens, rights, judgments, settlements, awards, compensation, and damages of every kind and nature (other than the Insurance Claims and Condemnation Claims) which Trustor now has or which may hereafter accrue against any Person, whether arising in tort, by contract or statute, or in any other manner, which in any way directly or indirectly relate to or arise out of any or all of the following: (a) the Property; (b) any existing or future fact, matter, occurrence, or transaction relating to the Property; or (c) the design, construction, improvement, development, use, ownership, operation, maintenance, repair or marketing of the Property.
Property Claims. (i) The Purchaser has not received any indigenous claims which affects the Company or any of its subsidiaries nor, to the knowledge of the Purchaser, has any indigenous claims been threatened which relates to any of the Purchaser’s material properties, any permits or the operation by the Purchaser or any of its subsidiaries of its businesses in the areas in which such operations are carried on or in which any of the Purchaser’s material properties are located.
(ii) The Purchaser and its subsidiaries have no outstanding agreements, memorandums of understanding or similar arrangements with any indigenous groups.
(iii) There are no ongoing or outstanding discussions, negotiations, or similar communications with or by any indigenous groups concerning the Purchaser, any of its subsidiaries or their respective business, operations or assets.
(iv) No group blockade, occupation, illegal action or on-site protest has occurred or, to the knowledge of the Purchaser, has been threatened in connection with the activities on the Purchaser’s material properties.
(v) No dispute between the Purchaser or any of its subsidiaries and any non- governmental organization, community, or community group exists or, to the knowledge of the Purchaser, is threatened or imminent with respect to any of the Purchaser’s material properties or operations.
Property Claims. The Landlord covenants with the Tenant that it shall, as and from the Closing Date, assign, release and quit claim to the Tenant all of the Landlord’s right, title and interest in and to the Property Claims, together with any and all benefits, advantages, privileges and rights relating thereto or arising and flowing therefrom, to have and to hold the same unto the Tenant, its successors and assigns, forever. On Closing, the Landlord shall execute and deliver to the Tenant a Release of Property Claims.
Property Claims. The State maintains self-insurance and property insurance for the Properties. Property Manager shall respond to property claims as directed by Risk Management and the State Contract Manager. Property Manager shall be responsible for:
a) Submitting property claims and support documents to State Risk Management in a manner prescribed by Risk Management and the State Contract Manager; and
b) Maintaining related files.
Property Claims. “Property Claims” means all claims, actions, causes of action, demands, liens, rights, judgments, settlements, awards, compensation, and damages of every kind and nature (other than the Insurance Claims and Condemnation Claims) which Trustor now has or which may hereafter accrue against any Person, whether arising in tort, by contract or statute, or in any other manner, which in any way directly or indirectly relate to or arise out of any or all of the following: (a) the Property; (b) any existing or future fact, matter, occurrence, or transaction relating to the Property; or (c) the design, construction, improvement, development, use, ownership, operation, maintenance, repair or marketing of the Property.
Property Claims. PMA will retain a vendor to make a damage assessment, report claims meeting the attachment point of an applicable policy, pursue subrogation where appropriate and issue payment to Client if requested by Client. All services provided by PMA shall be in accordance with Client’s other insurance arrangements applicable
Property Claims. An insurance claim can be made for damage to or loss of School property due to any of the perils listed in the Guide. The following items are specifically excluded from cover:
Property Claims. JECO agrees to include full claims management services for ten (10) property claims (non-catastrophic in nature) per year and the costs for these services are included in the service fees outlined in Section 2.02 of this Agreement.