Common use of Real Property and Personal Property Matters Clause in Contracts

Real Property and Personal Property Matters. (a) GWW Owned Real Estate. GWW or one or more of its Subsidiaries has good and marketable fee simple title to the GWW Owned Real Estate free and clear of any Liens other than the Permitted Liens. Schedule 4.13(a) contains a true and complete list by address and legal description of the GWW Owned Real Estate as of the Effective Date. Neither GWW nor any of its Subsidiaries: (i) lease or grant any Person the right to use or occupy all or any part of the GWW Owned Real Estate; (ii) other than to BitNile, has granted any Person an option, right of first offer, or right of first refusal to purchase such GWW Owned Real Estate or any portion thereof or interest therein; or (iii) has received written notice of any pending, and to the Knowledge of GWW threatened, condemnation proceeding affecting any GWW Owned Real Estate or any portion thereof or interest therein. Neither GWW nor any Subsidiary is a party to any agreement or option to purchase any real property or interest therein.

Real Property and Personal Property Matters. (a) GWW Giga Owned Real Estate. GWW Giga or one or more of its Subsidiaries has good and marketable fee simple title to the GWW Giga Owned Real Estate free and clear of any Liens other than the Permitted Liens. Schedule 4.13(a3.13(a) contains a true and complete list by address and legal description of the GWW Giga Owned Real Estate as of the Effective Date. Neither GWW Giga nor any of its Subsidiaries: (i) lease or grant any Person the right to use or occupy all or any part of the GWW Giga Owned Real Estate; (ii) other than to BitNile, has granted any Person an option, right of first offer, or right of first refusal to purchase such GWW Giga Owned Real Estate or any portion thereof or interest therein; or (iii) has received written notice of any pending, and to the Knowledge of GWW Giga threatened, condemnation proceeding affecting any GWW Giga Owned Real Estate or any portion thereof or interest therein. Neither GWW Giga nor any Subsidiary is a party to any agreement or option to purchase any real property or interest therein.