Subordinate Rights Sample Clauses

Subordinate Rights. All rights of Holders of Registrable Securities under this Agreement shall be subordinate and subject to the rights granted under the REG Newco Registration Rights Agreement.
AutoNDA by SimpleDocs
Subordinate Rights. This Agreement shall be subordinate to the provisions and requirements of any existing or future agreement between the Landlord and the United States, relative to the development, operation, or maintenance of the Xxxxxx City Airport.
Subordinate Rights. This Agreement is subject and subordinate to the prior and continuing right and obligation of MTA, its successors and assigns, to use the MTA Property in the exercise of its powers and in the performance of its duties, including those as a public transportation body. Accordingly, there is reserved and retained unto MTA, its successors, assigns and permittees, the right to construct, reconstruct, maintain and use existing and future rail tracks, facilities and appurtenances and existing and future transportation, communication, pipeline and other facilities and appurtenances in, upon, over, under, across and along the MTA Property, and in connection therewith the right to grant and convey to others, rights and interests to the MTA Property on the License Property and in the vicinity of Facility. This Agreement is subject to all licenses, leases, easements, restrictions, conditions, covenants, encumbrances, liens, claims and other matters of title ("title exceptions") which may affect the MTA Property now or hereafter, and the words "grant" or "convey" as used herein shall not be construed as a covenant against the existence of any such title exceptions.
Subordinate Rights. This Agreement is subject and subordinate to the prior and future rights and obligations of Licensor, its successors and assigns, to use its property in the exercise of its powers and in the performance of its duties, including those as a County transportation commission and a member of the Southern California Regional Rail Authority. Accordingly, there is reserved and retained unto Licensor, its successors, assigns and permittees, the right to construct, reconstruct, maintain and use existing and future rail tracks, facilities and appurtenances and existing and future transportation, communication, [DESCRIPTION OF ACTIVITY] and other facilities and appurtenances in, upon, over, under, across and along the Licensed Property, and in connection therewith, the right to grant and convey to others, rights and interests to the Licensed Property in, on and around the Licensed Property. This Agreement is subject to all licenses, leases, easements, restrictions, conditions, covenants, encumbrances, liens, claims and other matters of title (hereinafter referred to as "Title Exceptions") which may affect the Licensed Property now or hereafter, and the words "grant" or "convey" as used herein shall not be construed as a covenant against the existence of any such Title Exceptions. This Agreement is also subordinate to the Shared Use Agreement, executed between the Licensor and AT&SF Railway Company, dated as of October 30, 1992, and any subsequent amendments thereto.
Subordinate Rights. This Agreement is subject and subordinate to the prior and continuing right and/or obligation of VCTC, SCRRA, Amtrak, Union Pacific Railroad (UPRR) and their successors and assigns, to use the VCTC Property in the exercise of its powers and in the performance of its duties, or for any other purpose, including but not limited to those as a public transportation body. Accordingly, there is reserved and retained unto VCTC, its successors, assigns and permittees, the right to construct, reconstruct, maintain, and use existing and future rail tracks, facilities and appurtenances and existing and future transportation, communication, pipeline and other facilities and appurtenances in, upon, over, under, across and along the VCTC Property, and to otherwise use the VCTC Property, and in connection therewith the right of VCTC, its successors and assigns, to grant and convey to others, rights to and interests in the VCTC Property on the License Property and in the vicinity of the Facility. This Agreement is subject to all licenses, leases, easements, restrictions, conditions, covenants, encumbrances, liens, claims and other matters of title (“Title Exceptions”) which may affect the VCTC Property now or hereafter, and no provision of this Agreement shall be construed as a covenant or warranty against the existence of any such present or future Title Exceptions, whether or not arising out of the actions of VCTC, its successors or assigns. VCTC makes no representations or warranties of any kind with regard to title to the License Property.
Subordinate Rights. Lender explicitly acknowledges that its ------------------ rights hereunder are subordinate, and subject to the rights of NationsBank of Tennessee, N.A. ("NationsBank") pursuant to the Security Agreement dated June 27, 1997, as amended, between Borrower and NationsBank.
Subordinate Rights. Notwithstanding anything contained herein to the contrary, Tenant acknowledges and agrees that (i) its rights under this Section 29 are expressly subordinate to existing rights with respect to all or any portion of the First Offer Space, including, without limitation, any existing expansion rights, rights of first refusal or rights of first offer; and (ii) Tenant’s Right of First Offer shall not apply to any space which is being renewed or extended by existing tenants at the Building whether or not pursuant to existing renewal or extension rights.
AutoNDA by SimpleDocs
Subordinate Rights. Notwithstanding anything to the contrary herein contained, Tenant’s Right of First Offer under this Section 9 is subject to and subordinate to the existing rights of Xxxx Xxxxxxx Financial Services, Inc. and the superior rights existing as of the date of this Amendment of the tenants in the Building, whether these rights be extension, expansion, first offer or first refusal rights (“Superior Rights”).
Subordinate Rights. This Agreement is subject and subordinate to the prior and continuing right and obligation of MTA, its successors and assigns, to use the MTA Property or any portion thereof in the exercise of its powers and in the performance of its duties, including those as a public transportation body. Accordingly, there is reserved and retained unto MTA, its successors, assigns and permittees, the right to construct, reconstruct, operate, maintain, use and/or relocate existing and future rail tracks, facilities and appurtenances and existing and future transportation, communication, pipeline and other facilities and appurtenances in, upon, over, under, across and along the MTA Property or any portion thereof, and in connection therewith the right to grant and convey to others, rights and interests to the MTA Property or any portion thereof. This Agreement is subject to all licenses, leases, easements, reservations, restrictions, conditions, covenants, encumbrances, liens, claims and other matters of title ("title exceptions") which may affect the Property now or hereafter, and this Agreement is executed and delivered by MTA without any warranty of title, express or implied, and the words "grant' or "convey' as used herein shall not be construed as a warranty of title or as a covenant against the existence of any such title exceptions
Subordinate Rights. This Agreement is subject and subordinate to the prior and continuing right and/or obligation of OCTA, SCRRA, Amtrak, BNSF and their successors and assigns, to use the OCTA Property in the exercise of its powers and in the performance of its duties, or for any other purpose including but not limited to those as a public transportation body. Accordingly, there is reserved and retained unto OCTA, its successors, assigns and permittees, the right to construct, reconstruct, maintain and use existing and future rail tracks, facilities and appurtenances and existing and future transportation, communication, pipeline and other facilities and appurtenances in, upon, over, under, across and along the OCTA Property, and to otherwise use the OCTA Property, and in connection therewith the right of OCTA, its successors and assigns, to grant and convey to others, rights to and interests in the OCTA Property on the License Property and in the vicinity of the Facility. This Agreement is subject to all licenses, leases, easements, restrictions, conditions, covenants, encumbrances, liens, claims and other matters of title ("Title Exceptions") which may affect the OCTA Property now or hereafter, and no provision of this Agreement shall be construed as a covenant or warranty against the existence of any such present or future Title Exceptions, whether or not arising out of the actions of OCTA, its successors or assigns. OCTA makes no representations or warranties of any kind with regard to title to the License Property.
Time is Money Join Law Insider Premium to draft better contracts faster.