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

Real Property and Personal Property Matters. (a) Giga Owned Real Estate. Giga or one or more of its Subsidiaries has good and marketable fee simple title to the Giga Owned Real Estate free and clear of any Liens other than the Permitted Liens. Schedule 3.13(a) contains a true and complete list by address and legal description of the Giga Owned Real Estate as of the Effective Date. Neither Giga nor any of its Subsidiaries: (i) lease or grant any Person the right to use or occupy all or any part of the 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 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 Giga threatened, condemnation proceeding affecting any Giga Owned Real Estate or any portion thereof or interest therein. Neither Giga 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) Giga GWW Owned Real Estate. Giga GWW or one or more of its Subsidiaries has good and marketable fee simple title to the Giga GWW Owned Real Estate free and clear of any Liens other than the Permitted Liens. Schedule 3.13(a4.13(a) contains a true and complete list by address and legal description of the Giga GWW Owned Real Estate as of the Effective Date. Neither Giga GWW nor any of its Subsidiaries: (i) lease or grant any Person the right to use or occupy all or any part of the Giga 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 Giga 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 Giga GWW threatened, condemnation proceeding affecting any Giga GWW Owned Real Estate or any portion thereof or interest therein. Neither Giga GWW nor any Subsidiary is a party to any agreement or option to purchase any real property or interest therein.