Common use of Real Property; Plant and Equipment Clause in Contracts

Real Property; Plant and Equipment. (a) Schedule 4.13(a) contains a legal description of, and exhibits indicating the location of, the Real Property included in the NMP-2 Assets in which Sellers have tenant-in-common interests. All Encumbrances on the Real Property (other than Permitted Encumbrances) shall be released on or before the Closing Date. Complete and correct copies of any current surveys in Sellers' possession and any policies of title insurance currently in force and in the possession of Sellers with respect to the Real Property have heretofore been delivered by Sellers to Buyer.

Appears in 4 contracts

Samples: Asset Purchase Agreement (New York State Electric & Gas Corp), Asset Purchase Agreement (Niagara Mohawk Power Corp /Ny/), Asset Purchase Agreement (Rochester Gas & Electric Corp)

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Real Property; Plant and Equipment. (a) Schedule 4.13(a) contains a legal description of, and exhibits indicating the location of, the Real Property included in the NMP-2 Assets in which Sellers have tenant-in-common interestsNMP-1 Assets. All Encumbrances on the Real Property (other than Permitted Encumbrances) shall be released on or before the Closing Date. Complete and correct copies of any current surveys in Sellers' Seller's possession and any policies of title insurance currently in force and in the possession of Sellers Seller with respect to the Real Property have heretofore been delivered by Sellers Seller to Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Niagara Mohawk Power Corp /Ny/)

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