The leasehold interest Sample Clauses

The leasehold interest. You give us the following promises: You hold the leasehold interest with a good leasehold title free from any property claim or defect and the title cannot be defeated You are absolutely entitled to every other right of the tenant under the lease free from any property claim or defect. All property taxes that have become due have been paid. The lease conforms to every description given to us and hasn't been changed. The person that created the lease had a good title to the property, free from property claims and defects. The lease is good, valid and in force. Your obligations under the lease have been complied with.