Property Donation Sample Clauses

Property Donation. GOT hereby represents and warrants to Business that GOT owns the real property and all improvements and appurtenances thereto (collectively, the “Property”) legally described in the attached Exhibit A in fee, free and clear of all liens, encumbrances, occupancy rights and other interests except those filed of record. Within 30 days of Business’s delivery to GOT of written notice, GOT shall transfer the Property to Business or its designee (including, without limitation, Shawnee County, Kansas (the “County”)) for $10.00 via special warranty deed (the “Deed”), subject only to matters of title approved by Business. If Business fails to provide the forgoing notice on or before the two-year anniversary of the Effective Date, upon written notice from Business or GOT this Agreement shall terminate, in which event the parties will be released from all further duties and liabilities hereunder, unless Business and GOT have agreed in writing to an extension of such two-year term. Within 30 days of GOT’s provision of the JEDO Approval, as defined below, GOT shall file of record a notice, in form and substance acceptable to Business, that the Property is subject to Business’s right to require conveyance of the same pursuant to this Agreement, and that GOT shall grant no competing rights or other interests in and to the Property while this Agreement is in effect. GOT will use its best efforts to assist Business in obtaining (i) any and all approvals needed to lawfully construct and operate the Facility upon the Property (including but not limited to, upon request of Business, applying for and seeking such approvals in GOT’s name to the extent permitted under applicable law, provided that any application fees payable in connection with such applications shall be paid or reimbursed to GOT by Business) and (ii) a 50% reduction by the City in any and all permitting fees in connection with the development of the Facility. Business will pay all costs and expenses in connection with its acquisition of the Property (other than brokerage fees related to brokers engaged by GOT, transfer taxes and any other costs and expenses which must be paid by grantor pursuant to applicable law), and taxes, Property expenses and income will be prorated to the date of Business’s acquisition of the Property. GOT will at all times be responsible for any so-called ‘greenbelt’ or ‘rollback’ taxes and any other taxes arising from any change in use of the Property.
Sample 1
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Property Donation. At such time as necessary for the Commission to develop any of the Site Improvements or Public Improvements, Developer shall donate by quitclaim deed the Lot 1 on Exhibit A. An exemplar Quitclaim Deed of the Donation Area is attached as Exhibit D.
Sample 1
Property Donation. Xxxxxx'x Jazz Company has donated the Square 26 Property to the City. Notwithstanding anything to the contrary contained herein, there shall be no reversion of the Square 26 Property, whether or not any part of the Donated Property reverts to Tenant, Xxxxxx'x Jazz Company or any other Person for any reason, or upon any event identified herein.
Sample 1
Property Donation. Traveller hereby donates the Property to the City under the terms of this Agreement, and the City accepts the donation of the Property under the terms of this Agreement.
Sample 1

Related to Property Donation

  • Property Documents The Lender shall have received and approved in its sole discretion, the following:

  • PROPERTY DESCRIPTION The undersigned Xxxxxxxxx agrees to purchase from the undersigned owner (seller) through Ohio Real Estate Auctions, County, OH and known as

  • Property Use The Property shall be used only for industrial, warehouse and office purposes, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's sole and absolute discretion.

  • The Property The Landlord agrees to lease the described property below to the Tenant: (enter the property information) Mailing Address: [PROPERTY MAILING ADDRESS] Residence Type: ☐ Apartment ☐ House ☐ Condo ☐ Other: [OTHER] Bedroom(s): [# OF BEDROOMS] Bathroom(s): [# OF BATHROOMS] The aforementioned property shall be leased wholly by the Tenant (“Premises”).

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.

  • Condominium Borrower covenants and agrees as follows: (i) Borrower shall pay all common charges and other assessments as required by the Condominium Documents in respect of the Property and shall promptly, following demand, exhibit to Lender proof of all such payments; (ii) Borrower shall not, unless directed otherwise in writing by Lender, without first obtaining Lender's prior written consent, (a) vote for, consent to or permit to occur any modification of, amendment to, or relaxation in the enforcement of, any material provision of the Condominium Documents; provided, however, Lender's approval shall not be required for amendments to the Condominium Documents containing disclosures or other provisions required to be made by Legal Requirements; (b) in the event of damage to or destruction of the Property, vote in opposition to a motion to repair, restore or rebuild, unless the Indebtedness will be repaid in full pursuant to Section 5.16; (c) partition or subdivide any Condominium Unit, or combine any Condominium Unit with another Condominium Unit; (d) consent to the termination of a Condominium; or (e) vote in favor of the imposition of special assessments for capital improvements pursuant to the Condominium Documents. (iii) Borrower shall fully and faithfully observe, keep and perform, in all material respects, each and every material requirement, condition, covenant, agreement and provisions under the Texas Condominium Act and the Condominium Documents on the part of Borrower to be observed, kept and performed. Borrower shall promptly deliver to Lender a copy of any notice of default received by Borrower with respect to any obligation of Borrower under the provisions of the Condominium Documents or the Texas Condominium Act.

  • School Improvement 1. The Board and the Association agree that employee participation in decision making is effective in providing positive results for education. 2. The provisions contained in this section shall apply to all school improvement plans, programs or processes set forth by school improvement committees established in the Xxxxxxx-Xxxxxx School District as a result of Section 1277 of the Revised School Code. 3. It is understood that participation on school improvement committees is voluntary. Further, employees who participate, or are non-participants, in such activities shall not be negatively evaluated for any conduct relative to such committees. 4. In the event that any provision(s) of a school improvement plan, program or process or application thereof violates, contradicts, or is inconsistent with this Collective Bargaining Agreement, the Collective Bargaining Agreement shall prevail.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"): (a) the land that is more particularly described in Exhibit C, attached hereto and made a part hereof (the "Land"); (b) all buildings, structures and other improvements of every kind including, but not limited to, the Retirement Community, alleyways and connecting tunnels, sidewalks, utility pipes, conduits and lines (on-site and off-site), parking areas and roadways appurtenant to such buildings and structures presently situated upon the Land (collectively, the "Leased Improvements"); (c) all easements, rights and appurtenances relating to the Land and the Leased Improvements; (d) all equipment, machinery, fixtures, and other items of property, now or hereafter permanently affixed to or incorporated into the Leased Improvements, including, without limitation, all furnaces, boilers, heaters, electrical equipment, heating, plumbing, lighting, ventilating, refrigerating, incineration, air and water pollution control, waste disposal, air-cooling and air-conditioning systems and apparatus, sprinkler systems and fire and theft protection equipment, all of which, to the maximum extent permitted by law, are hereby deemed by the parties hereto to constitute real estate, together with all replacements, modifications, alterations and additions thereto, but specifically excluding all items included within the category of Tenant's Personal Property (collectively, the "Fixtures"); (e) all machinery, equipment, furniture, furnishings, moveable walls or partitions, computers or trade fixtures located on or in the Leased Improvements, and all modifications, replacements, alterations and additions to such property, except items, if any, included within the category of Fixtures, but specifically excluding all items included within the category of Tenant's Personal Property (collectively, the "Leased Personal Property"); and (f) all of the Leased Intangible Property.

  • Ground Lease Reserved.

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