Property Transferred. It is mutually agreed that the Sellers will sell to the Buyers, and the Buyers will buy from the Sellers the following described property as set out below:
Property Transferred. The Purchaser shall purchase and receive and the Seller shall sell the Property, all easements and all other interests and rights of the Seller which are appurtenant to the real estate, including, but not limited to, all right, title, and interest, if any, of the Seller in and to any land lying in street, road or avenue in front of, within or adjacent to, or adjoining such land.
Property Transferred. The Purchaser shall purchase and receive and the Seller shall sell the Property and the building located thereon and, if any, all easements and all other interests and rights of Seller which are appurtenant to the real estate, including, but not limited to, all right, title, and interest, if any, of the Seller in and to any land lying in street, road or avenue in front of, within or adjacent to, or adjoining such land. In addition, all personal property located on the Property on the day of closing shall be transferred to the Purchaser, including without limitation any trash or other debris located on the Property. Thereafter, the Purchaser shall be responsible and assume all liability for the personal property.
Property Transferred. The Purchaser shall purchase and receive and the Seller shall sell the Property, including all tenements, hereditaments, appurtenances, and improvements thereunto belonging or in any way appertaining.
Property Transferred. “As Is”. The sale of the Premises pursuant to this Right of First Offer as provided for herein shall be made on a “AS IS,” “WHERE-IS” basis as of the Closing Date, without any representations or warranties, of any nature whatsoever from Landlord. Landlord hereby specifically disclaims any warranty (oral or written) concerning: (i) the nature and condition of the Premises and the suitability thereof for any and all activities and uses that Tenant may elect to conduct thereon, (ii) the manner, construction, condition and state of repair or lack of repair of any improvements located thereon, (iii) the nature and extent of any right-of-way, lien, encumbrance, license, reservation, condition or otherwise, (iv) the compliance of the Premises or its operation with any laws, rules, ordinances, or regulations of any government or other body; and (v) any other matter whatsoever. Tenant expressly acknowledges that, in consideration of the agreements of Landlord herein, LANDLORD MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, OR ARISING BY OPERATION OF LAW, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY OF QUANTITY, QUALITY, CONDITION, HABITABILITY, MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE PREMISES, ANY IMPROVEMENTS LOCATED THEREON, OR ANY SOIL CONDITIONS RELATED THERETO. TENANT, FOR TENANT AND TENANT’S SUCCESSORS AND ASSIGNS, HEREBY RELEASES LANDLORD FROM AND WAIVES ANY AND ALL CLAIMS AND LIABILITIES AGAINST LANDLORD FOR, RELATED TO, OR IN CONNECTION WITH, ANY ENVIRONMENTAL CONDITION AT THE PREMISES (OR THE PRESENCE OF ANY MATTER OR SUBSTANCE RELATING TO THE ENVIRONMENTAL CONDITION OF THE PREMISES), INCLUDING, BUT NOT LIMITED TO, CLAIMS AND/OR LIABILITIES RELATING TO (IN ANY MANNER WHATSOEVER) ANY HAZARDOUS, TOXIC OR DANGEROUS MATERIALS OR SUBSTANCES LOCATED IN, AT, ABOUT OR UNDER THE PREMISES, OR FOR ANY AND ALL CLAIMS OR CAUSES OF ACTION (ACTUAL OR THREATENED) BASED UPON, IN CONNECTION WITH OR ARISING OUT OF ANY AND ALL ENVIRONMENTAL LAWS.
Property Transferred. A transfer of Borrower's interest in the Property occurs as a result of the foreclosure of the lien of the Deed of Trust, the exercise of the power of sale, the delivery of a deed to the Property in lieu of foreclosure or otherwise, and Tenant receives from Agent, its successors and assigns, or any purchaser at a foreclosure or trustee's sale, as the case may be, notice of such transfer, whereupon such person shall succeed to the interest of Borrower under the Lease as provided for in Section 2 above, and thereafter all such rents shall be payable to such person.
Property Transferred. In accordance with the provisions of this Agreement, at Closing Seller shall sell, convey, transfer, assign and deliver to Buyer, and Buyer shall purchase and accept, all of the Seller's right, title and interest in and to the Property as described in Schedule 2.1 attached hereto, together with all of the Seller's right, title and interest in and to the names and logo and Seller's goodwill, and specifically, the mxxx, "SXXXXXXXX" (the "Trademark") (see Exhibit "B" attached hereto and incorporated by reference). All assets not otherwise identified within this Agreement shall remain the property of the Seller, including without limitation those items specifically listed as "Excluded Assets" in Schedule 2.1(a).
Property Transferred. The Purchaser shall purchase and receive and the Seller shall sell the above-referenced property, which is comprised of Tax Parcel No. 51-798-059-00 and legally described in Exhibit “A”, along with the building(s) thereon and, if any, all easements and all other interests and rights of the Seller which are appurtenant to the real estate, including, but not limited to, all right, title, and interest, if any, of the Seller in and to any land lying in street, road, or avenue in front of, within, or adjacent to, or adjoining such land (collectively, the “Property”).
Property Transferred. The Purchasers shall purchase and receive and the Seller shall sell a parcel of real property, along with any structures thereon situated, located at 000 Xxxx Xxxxx Xxxxx Xxxxxx within the City of Laingsburg, Shiawassee County, Michigan, which real property is known as Tax Parcel No. 011-40-015-002-00, including all easements and all other interests and rights of the Seller which are appurtenant to the real estate, including, but not limited to, all rights, title, and interest, if any, of the Seller in and to any land lying in the street, road, or avenue in front of, within, adjacent to, or adjoining such land in their current as-is condition (collectively, the “Property”). The legal description of the Property is attached hereto made a part hereof as Exhibit A.
Property Transferred. There shall be included in the sale of the Real Property:
1.2.1. All of Seller's right, title and interest, if any, in and to any easements, declarations or other title agreements or instruments affecting or in any way connected to, restricting or benefiting the Real Property (the "REAL PROPERTY AGREEMENTS");
1.2.2. All of Seller's right, title and interest, in and to (a) all leases, subleases, tenancies, subtenancies and occupancies for any part of the Real Property set forth on EXHIBIT B, as attached hereto and made a part hereof, and (b) unapplied security deposits, if any, and accrued and undistributed interest thereon and advance rents in respect of any period subsequent to the Closing Date paid by the tenant thereunder (the "SECURITY DEPOSITS");
1.2.3. All of Seller's right, title and interest, if any, in and to all certificates of occupancy and transferable licenses and permits for the use, operation and ownership of the Real Property as currently operated, including, without limitation, those set forth on EXHIBIT C attached hereto and made a part hereof (the "PERMIT RIGHTS");
1.2.4. All of Seller's right, title and interest, if any, and to the extent assignable, in (i) all drawings, plans and specifications in Seller's possession or control substantially relating to the Real Property or any part thereof, (ii) all third party studies and reports located at and covering the Real Property or any part thereof, (iii) all guaranties, warranties, indemnifications, undertakings and other assurances relating to the Real Property or any part thereof (but specifically excluding any such rights to the extent they relate to (1) any property other than the Property, or (2) any periods of time or portions thereof occurring prior to the Closing, which rights Seller shall retain), (iv) all operating and maintenance files, any management files and any other books, records and files (excluding appraisals, budgets, Seller's strategic plans for the Real Property, internal analyses, marketing information, submissions relating to Seller's obtaining entity authorization, attorney and accountant work product, or other information in the possession or control of Seller which Seller, acting reasonably, deems proprietary), which substantially relate to or are used in the ownership or operation of the Real Property and which are located at the situs of the Real Property or which are in the possession and control of Seller, subject, however, in all cases, to Seller's access rig...
