Common use of Property Restrictions Clause in Contracts

Property Restrictions. Zoning and similar restrictions on the use of, and easements, restrictions, covenants, title defects and similar encumbrances on, any Real Property or pipeline right-of-way that (i) do not materially impair the Company's use of the Real Property or pipeline right-of-way and (ii) are not violated by existing structures (including the pipeline) or current land use.

Appears in 7 contracts

Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)

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Property Restrictions. Zoning and similar restrictions on the use of, and easements, restrictions, covenants, title defects and similar encumbrances on, any Real Property or pipeline right-of-way that that, (i) do not materially impair the Company's ’s use of the Real Property or pipeline right-of-way and (ii) are not violated in any material respect by existing or proposed structures (including the pipeline) or current land use.

Appears in 3 contracts

Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp), Term Credit Agreement (Teppco Partners Lp)

Property Restrictions. Zoning and similar restrictions on the use of, and easements, restrictions, covenants, title defects defects, and similar encumbrances on, any Real Property or pipeline right-of-way that (i) do not materially impair the Company's use of the Real Property or pipeline right-of-way and (ii) are not violated by existing structures (including the pipeline) or current land use.

Appears in 1 contract

Samples: Credit Agreement (Teppco Partners Lp)

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Property Restrictions. Zoning and similar restrictions on the use of, and easements, restrictions, covenants, title defects defects, and similar encumbrances on, any Real Property or pipeline right-of-way that (i) do not materially impair the Company's use of the Real Property or pipeline right-of-way and (ii) are not violated by existing or proposed structures (including the pipeline) or current land use.

Appears in 1 contract

Samples: Credit Agreement (Teppco Partners Lp)

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