Property Included in Sale. Seller hereby agrees to sell and convey to Buyer, and Buyer hereby agrees to purchase from Seller, the following: (a) that certain real property commonly known as the 000-000 Xxxxx Xxxxxx, consisting of approximately 0.14 acres of undeveloped land, described as Assessor's Parcel No. Xxx 000, Xxxxx 0000, located in the City and County of San Francisco, California, and more particularly described in Exhibit A attached hereto (the "Real Property"); (b) any and all rights, privileges and easements appurtenant to the Real Property, including, without limitation, all minerals, oil, gas and other hydrocarbon substances on and under the Real Property, as well as all view rights, air rights, solar rights, water, water rights, and water stocks relating to the Real Property and any easements, rights-of-way or other appurtenances used in connection with the beneficial use and enjoyment of the Real Property (collectively the "Appurtenances"); (c) any and all improvements and fixtures located on the Real Property, including specifically, but not by way of limitation, the four (4) story building plus basement, consisting of approximately 18,000 square feet above ground, and approximately 5,000 square feet below ground (the "Building") together with all related fixtures and related matters associated therewith (all of which are collectively called the "Improvements"); (d) any and all personal property set forth on Exhibit "B" attached hereto, if any (the "Personal Property"); and (e) any and all of the interest of Seller, if any, in and to all development rights, transferable development rights ("TDR's"), plans for a proposed build out, and other intangibles relating to or effecting the Property, to the extent the same may be owned or controlled by Seller ("Development Rights"). All of the items described in subsections (a), (b), (c), (d) and (e) above are hereinafter collectively called the "Property."
Appears in 1 contract
Samples: Purchase and Sale Agreement (Montgomery Realty Group Inc)
Property Included in Sale. Seller hereby agrees to sell and convey to Buyer, and Buyer hereby agrees to purchase from Seller, the following:
(a) that certain real property tract or parcel of land located in Collin County, Texas commonly known as the 000-000 Xxxxx XxxxxxXxxxxxxx Xxxxxxx, consisting of approximately 0.14 acres of undeveloped landXxxxx, described as Assessor's Parcel No. Xxx 000, Xxxxx 0000, located in the City and County of San Francisco, CaliforniaXxxxx, and more particularly described in Exhibit A attached hereto (the "Real PropertyLand");
(b) any and , together with Seller's interest in all rights, privileges and easements appurtenant to the Real PropertyLand, including, without limitation, all minerals, oil, gas and other hydrocarbon substances on and under the Real Property, as well as all view development rights, air rights, solar rights, water, water rights, rights (and water stocks stock, if any) relating to the Real Property and any easements, rights-of-way or other appurtenances used in connection with the beneficial use and enjoyment of thereof (all such items, together with the Real Property (collectively Land, the "AppurtenancesReal Property");
(cb) any and The building(s) (if one or more than one, the "Building"), all other improvements and fixtures located on the Real Property, including specificallyand all apparatus, but not equipment and appliances used in connection with the operation or occupancy of the Real Property (except such apparatus, equipment and appliances owned by way of limitation, the four Credit Tenant under the Credit Lease (4both defined below) story building plus basement, consisting of approximately 18,000 square feet above ground, and approximately 5,000 square feet below ground (the "Building") together with all related fixtures and related matters associated therewith (all of which are collectively called referred to as the "Improvements");
(dc) any and all Any tangible or intangible personal property set forth on Exhibit "B" attached heretoproperty, if any any, owned by Seller and used in the ownership, use and operation of the Real Property and Improvements (the "Personal Property");
(d) all of Seller's rights under all permits and licenses, zoning approvals, certificates of occupancy, warranties, lien waivers, contracts, utility arrangements and other documents and agreements relating to the development, construction, ownership, operation and occupancy of the Property (collectively as the "Intangible Property"); and
(e) any contract or lease rights, or other rights relating to the ownership, use and all operation of the Real Property including, but not limited to, that certain Lease Agreement with Experian Information Solutions, Inc., an Ohio corporation, successor-in-interest of Sellerto TRW, if anyInc., in and to all development rights, transferable development rights an Ohio corporation ("TDR'sCredit Tenant")) dated as of April 15, plans for a proposed build out1993, and other intangibles relating to or effecting Lease Amendment dated March 10, 1995, and Assignment of Tenant's Interest in Lease (undated) (collectively, the Property, to the extent the same may be owned or controlled by Seller ("Development RightsCredit Lease"). All of the items described referred to in subsections subparagraphs (a), (b), (c), (d) and (e) above are hereinafter collectively called referred to as the "Property."
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wells Real Estate Investment Trust Inc)
Property Included in Sale. Seller hereby agrees to sell and convey to BuyerCity, and Buyer hereby City agrees to purchase from Seller, all of the following:, subject, however, to the terms, covenants and conditions hereinafter set forth (including, without limitation, the condition that Seller acquires the Xxxxxxxx Property pursuant to the Owner PSA described in the Recitals above):
(a) that certain the real property commonly known as the 000-000 Xxxxx Xxxxxx, consisting of approximately 0.14 acres 11,672 square feet of undeveloped land, described as Assessor's Parcel No. Xxx 000, Xxxxx 0000, located in the City and County of San Francisco, California, commonly known as 0000 Xxxxxxxx Xxxxxx and more particularly described in Exhibit A attached hereto (the "Real PropertyLand");
(b) any all improvements and all rights, privileges and easements appurtenant to fixtures located on the Real PropertyLand, including, without limitation, all other buildings and structures located on the Land and all apparatus, equipment and appliances located on and affixed to the Land and used in connection with the operation or occupancy of the Land and its improvements (collectively, the "Improvements");
(c) all of Seller’s right, title and interest, if any, in and to (i) any and all rights, privileges, and easements incidental or appurtenant to the Land or Improvements, including, without limitation, any and all minerals, oil, gas and other hydrocarbon substances on and under the Real PropertyLand, as well as (ii) any and all view development rights, air rights, solar rights, water, water rights, riparian rights and water stocks stock relating to the Real Property Land, and any and all easements, rights-of-way or other appurtenances used in connection with the beneficial use and enjoyment of the Real Property Land or Improvements, and (collectively iii) all roads and alleys adjoining or servicing the Land or Improvements (collectively, the "Appurtenances");
(c) any and all improvements and fixtures located on the Real Property, including specifically, but not by way of limitation, the four (4) story building plus basement, consisting of approximately 18,000 square feet above ground, and approximately 5,000 square feet below ground (the "Building") together with all related fixtures and related matters associated therewith (all of which are collectively called the "Improvements");
(d) any and all personal property set forth on Exhibit "B" attached hereto, if any Personal Property (as that term is defined in the Owner PSA) which is acquired by Seller from the Owner pursuant to the Owner PSA (the "Personal Property"); and
(e) any and all of the interest of Seller, if any, in and to all development rights, transferable development rights ("TDR's"), plans for a proposed build out, and other intangibles relating to or effecting the Property, to the extent the same may be owned or controlled by Seller ("Development Rights"). All of the items described referred to in subsections Subsections (a), (b), (c), and (d) and (e) above are hereinafter collectively called referred to as the "Property."
Appears in 1 contract
Samples: Purchase and Sale Agreement
Property Included in Sale. Seller hereby agrees to sell and convey to Buyer, and Buyer hereby agrees to purchase from Seller, the following:
(a) that certain real property commonly known as the 000-000 Xxxxx XxxxxxGull Avenue Project, consisting of approximately 0.14 7.43 acres of undeveloped land, described as Assessor's Parcel No. Xxx 000, Xxxxx 0000-000-000, located in the City and County of South San Francisco, San Mateo County, California, and more particularly described in Exhibit A "A" attached hereto (the "Real Property");
(b) any and all rights, privileges and easements appurtenant to the Real Property, including, without limitation, all minerals, oil, gas and other hydrocarbon substances on and under the Real Property, as well as all view rightsdevelopment rights and credits, air rights, solar rights, water, water rights, and water stocks relating to the Real Property and any easements, rights-of-way or other appurtenances used in connection with the beneficial use and enjoyment of the Real Property (collectively the "Appurtenances");
(c) any and all improvements and fixtures located on the Real Property, including specificallyif any, but not by way of limitation, the four (4) story building plus basement, consisting of approximately 18,000 square feet above ground, and approximately 5,000 square feet below ground (the "Building") together with all related fixtures and related matters associated therewith (all of which are collectively called the "Improvements");
(d) any and all personal property set forth on Exhibit "B" attached hereto, if any (the "Personal Property"); and
(e) any and all of the interest of Seller, if any, in and to all development rights, transferable development rights ("TDR's"), plans for a proposed build out, and other intangibles relating to or effecting the Property, to the extent the same may be owned or controlled by Seller ("Development Rights"). All of the items described in subsections (a), (b), (c), (d) and (e) above are hereinafter collectively called the "Property."
Appears in 1 contract
Samples: Purchase and Sale Agreement (Montgomery Realty Group Inc)
Property Included in Sale. Seller hereby Xxxxxx agrees to sell and convey to BuyerCity, and Buyer hereby City agrees to purchase from Seller, subject to the following:
(following terms, covenants, and conditions: [a) that certain ] the real property commonly known as the San Mateo County APN 000-000-000, 064-162- 180, 000-000-000, and 000-000-000 Xxxxx Xxxxxx, consisting of approximately 0.14 acres of undeveloped land, described as Assessor's Parcel No. Xxx 000, Xxxxx 0000, located in the City and County of San FranciscoHalf Moon Bay, California, and more particularly described in Exhibit A and identified on Exhibit B, both attached hereto (the "Real PropertyLand");
; [b] all improvements and fixtures located on the Land (b) the "Improvements"); and [c] any and all rights, privileges privileges, and easements incidental or appurtenant to the Real PropertyLand or Improvements, including, without limitation, any and all minerals, oil, gas and other hydrocarbon substances substances, on and under the Real PropertyLand under ownership and control of Seller as of the Effective Date of this Agreement, as well as any and all view water rights and development rights, air rights, solar rights, water, water rights, and water stocks rights relating to the Real Property Land, and, any and any all easements, rights-of-way way, or other appurtenances used in connection with the beneficial use and enjoyment of the Real Property Land or Improvements, and any and all of Seller’s right, title and interest in and to all roads and alleys adjoining or servicing the Land or Improvements (collectively collectively, the "Appurtenances");
(c) any and all improvements and fixtures located on the Real Property, including specifically, but not by way of limitation, the four (4) story building plus basement, consisting of approximately 18,000 square feet above ground, and approximately 5,000 square feet below ground (the "Building") together with all related fixtures and related matters associated therewith (all of which are collectively called the "Improvements");
(d) any and all personal property set forth on Exhibit "B" attached hereto, if any (the "Personal Property"); and
(e) any and all of the interest of Seller, if any, in and to all development rights, transferable development rights ("TDR's"), plans for a proposed build out, and other intangibles relating to or effecting the Property, to the extent the same may be owned or controlled by Seller ("Development Rights"). All of the items described referred to in subsections (Subsections [a)], ([b)], (and [c), (d) and (e) ] above are hereinafter collectively called referred to as the "Property." Notwithstanding the definition of Property above, Seller may remove fixtures and special items from the Property, while ensuring security of the Property, upon vacating after Close of Escrow. Except as set forth in Sections 3 and 7 herein, Xxxxx agrees that Buyer shall acquire the Property in an "as-is, where-is" condition, with all faults, without any express or implied representations, covenants, or warrantees relating to merchantability, marketability, profitability, or fitness of the Property for any purpose whatsoever or compliance with any laws, rules, ordinances, or regulations of any applicable governmental authority or body. Buyer fully and irrevocably releases Seller from any and all claims that it may have or hereafter acquire against Seller arising from or related to any construction defects, errors, omission, or other conditions, latent or otherwise, including environmental, geotechnical, and seismic matters affecting the Property from and after the transfer of ownership of the Property to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Agreement