Common use of Title Matters; Defects in Improvements Clause in Contracts

Title Matters; Defects in Improvements. There are no trespassers or other adverse parties in possession on or affecting the Fee Interests or the Leased Premises that would reasonably be expected to have a Material Adverse Effect. Neither the Contributor nor any Affiliate thereof has granted and none of the foregoing is party to any unrecorded options, rights of refusal, sales contracts or other such contractual rights in favor of any third parties relating to the Fee Interests or the Leased Premises. No written notice has been received by the Contributor or any Affiliate thereof from any insurance company with respect to the Fee Interests or the Leased Premises or by any board of fire underwriters claiming any material defects or deficiencies or requiring the performance of any repairs, replacement, alteration or other work relating to the improvements situated thereon (in each case, which have not been cured).

Title Matters; Defects in Improvements. There are no trespassers or other adverse parties in possession on or affecting the Fee Interests or the Leased Premises of a Contributor or any Affiliate thereof that would reasonably be expected to have a Material Adverse Effect. Neither the No Contributor nor or any Affiliate thereof has granted and none of the foregoing is party to any unrecorded options, rights of refusal, sales contracts or other such contractual rights in favor of any third parties relating to the its Fee Interests or the Leased Premises. No written notice has been received by the a Contributor or any Affiliate thereof from any insurance company with respect to the its Fee Interests or the Leased Premises or by any board of fire underwriters claiming any material defects or deficiencies or requiring the performance of any repairs, replacement, alteration or other work relating to the improvements situated thereon (in each case, which have not been cured).