Seller’s Right to Remove Properties from Agreement Sample Clauses

Seller’s Right to Remove Properties from Agreement. (a) As to any Real Property where (i) the Buyer Environmental Consultant has identified a Release during any Buyer Environmental Investigation for which Seller is Responsible pursuant to Section 6.4.1(a)(ii), or (ii) a Tank Integrity Inspection Report indicates there exists a UST Defective Condition, Seller shall obtain an estimate, using the environmental consultant of its choice (the “Seller Environmental Consultant”), for the total cost of (i) the Corrective Action necessary to secure NFA Status for each such Real Property (the “Corrective Action Cost Estimate”) and/or (ii) all required UST Repair Action for each Real Property (the “UST Repair Action Cost Estimate”) (collectively, and as it may be adjusted by the results of any dispute resolution process under Section 6.3.2, the “Environmental Action Cost Estimate”). Buyer shall deposit, on behalf of Seller, the aggregate of all Environmental Action Cost Estimates for each such Real Property, other than (A) Excluded Properties and (B) Environmental Action Cost Estimates in respect of (x) any UST Repair Action for which Seller has elected to pursue UST Option (2), or (y) any Real Property that Buyer has elected to be Responsible for in accordance with Section 6.5(c), in each case, in the Environmental Escrow Account on the Closing Date in accordance with Section 2.4(b)(vii).
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Related to Seller’s Right to Remove Properties from Agreement

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • Subordination and Attornment Requirements All Non-Residential Leases, regardless of whether Lender’s consent or approval is required, will specifically include the following provisions:

  • ASSIGNMENT AND XXXX OF SALE This ASSIGNMENT AND XXXX OF SALE is made, delivered and effective as of March 9, 2021, by Xxxx Wealth, Inc., a Delaware corporation (the “Transferor”), in favor of Series Gallery Drop 087, a Series of Xxxx Gallery LLC, a Delaware series limited liability company (the “Transferee”).

  • The Assignment On or prior to the Purchase Date, World Omni will execute and deliver the RPA Assignment.

  • 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).

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