Real Property and Leasehold Property Sample Clauses

Real Property and Leasehold Property. Northstar's Form 10-K for its 1999 fiscal year contains a description of (i) a parcel of real property owned by Northstar located in Brooklyn Park, Minnesota (the "Minnesota Fee Property"), and (ii) a parcel of real property owned by GFS located in Nevada, Iowa (the "Iowa Fee Property"). The Minnesota Fee Property and the Iowa Fee Property are hereinafter sometimes collectively referred to as the "Fee Properties" with the legal descriptions of the Fee Properties included in Section 3.9 of the Disclosure Schedule. Northstar's Form 10-K for its 1999 fiscal year contains a description of five (5) properties leased to either Northstar or GFS (the "Leases") with the parties to the leases and the common address of such premises more particularly described in Section 3.9 of the Disclosure Schedule (collectively, the "Leased Properties"). The Fee Properties and the Leased Properties are hereinafter sometimes collectively referred to as the "Real Property."
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Real Property and Leasehold Property common provisions 6.3.1. The Real Property is not subject to any Encumbrances other than those referenced in the property titles provided in the Data Room. There are no claims or complaints with respect to any neighbouring property. 6.3.2. The Leasehold Property is not subject to any easements (“erfdienstbaarheden” / “servitudes”) or similar rights applicable under the relevant jurisdiction, other than those referenced in the Lease Agreements provided in the Data Room. There are no claims or complaints with respect to any neighbouring property. 6.3.3. The Real Property and the Leasehold Property are in good state of maintenance and repair, normal wear and tear excepted and, to the Sellers’ knowledge, fit for their present use.

Related to Real Property and Leasehold Property

  • Real Property and Leases (a) The Company and each of its subsidiaries has sufficient title to all of its real properties and assets to conduct its businesses as currently conducted or as contemplated to be conducted.

  • Leasehold Properties In relation to those Properties which are leasehold:

  • Property and Leases (a) The Company and the Company Subsidiaries have sufficient title to all their properties and assets to conduct their respective businesses as currently conducted or as contemplated to be conducted, with only such exceptions as would not have a Material Adverse Effect.

  • Real Property; Leasehold Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company or any of its Subsidiaries, and (b) copies of all leases under which any such real property is possessed (the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder. The Company’s use and operation of each such leased property conforms to all applicable Laws in all material respects, and the Company has exclusive possession of each such leased property and has not granted any occupancy rights to tenants or licensees with respect to such leased property. In addition, each such leased property is free and clear of all Encumbrances other than Permitted Encumbrances.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

  • Real Property Lease Except as set forth in Disclosure Schedule 1.1.(b), Seller has no leases of real property used or held for use in connection with the Business or the Purchased Assets.

  • Real Property (a) The Company does not own any real property.

  • Real Property; Personal Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

  • Real Property Interests Except for leasehold interests disclosed on Schedule 3.20, and except for the ownership or other interests set forth on Schedule 3.20, no Credit Party has, as of the Closing Date, any ownership, leasehold or other interest in real property. Schedule 3.20 sets forth, with respect to each parcel of real estate owned by any Credit Party as of the Closing Date, the address and legal description of such parcel.

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