Title of Property. 1.1. Late Xxxxxx Xxx, W/o. Late Xxxxxx Xxxxxxxx Xxx was the original owner and pattedar of agricultural land in Sy. Xx. 00/0 xx Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx, R. R. District, Andhra Pradesh, admeasuring about Ac. 10-02 Gts.
Title of Property. 4.1 In relation to goods supplied to the Client, ownership and property in the goods vests absolutely with the Company and does not pass to the Client UNTIL the Client:
(a) Pays for the goods in full;
(b) Pays in full all other monies owing or unpaid by the Client to the Company including monies in respect of goods previously or subsequently supplied to the Client by the Company.
4.2 In relation to goods supplied to the Client for which payment in full has not been received:
(a) The relationship between the Client and the Company shall be fiduciary;
(b) The Client will hold those goods as bailee for the Company;
(c) Where the Client sells those goods, the Client does so as fiduciary agent of the Company;
(d) When new goods or objects are formed with the Company’s goods into other products or the goods are affixed to other objects, the Company will be given full ownership of such new goods or objects;
(e) Where the goods are disposed of, the monies resulting from the disposal and all other proceeds received in respect of the goods, including insurance proceeds will be kept separately in trust for the Company;
(f) Where the goods are disposed of, the Client may only dispose of the goods in the ordinary course of its business on commercially reasonable terms;
(g) The Client undertakes that until it delivers the goods to a third party, it will store the goods on its premises separately from its own goods, or those of any other person, and in a manner which makes the goods readily identifiable as the Company’s goods.
Title of Property. Title to all property, real and personal, acquired by the Contractor from City funds shall vest in the name of the City of Oakland and shall be accounted for by means of a formal set of property records. Contractor acknowledges it is responsible for the protection, maintenance and preservation of all such property held in custody for the City during the term of the Agreement. The Contractor shall, upon expiration of termination of this Agreement, deliver to the City all of said property and documents evidencing title to same. In the case of lost or stolen items or equipment, the Contractor shall immediately notify the Police Department, obtain a written police report and notify the City in accordance with “Notice” section of this Agreement. Contractor shall provide to the City Auditor all property-related audit and other reports required under this Agreement. In the case of lost or stolen items or equipment, the Contractor shall immediately notify the Police Department, obtain a written police report and notify the City in accordance with the “Notice” section of this Agreement. Prior to the disposition or sale of any real or personal property acquired with City funds, Contractor shall obtain approval by the City Council and City Administrator in accord with the requirements for disposal or sale of real or personal surplus property set forth in the Oakland City Charter and/or Oakland Municipal Code Title 2.04, Chapter 2.04.120. Surplus supplies and equipment – Disposal or Destruction.
Title of Property. Title to all property, real and personal, acquired by the Contractor from City funds shall vest in the name of the City of Oakland and shall be accounted for by means of a formal set of property records. Contractor acknowledges it is responsible for the protection, maintenance, and preservation of all such property held in custody for the City during the term of the Agreement. The Contractor shall, upon expiration of termination of this Agreement, deliver to the City all of said property and documents evidencing title to same. In the case of lost or stolen items or equipment, the Contractor shall immediately notify the Police Department, obtain a written police report, and notify the City in accordance with “Notice” section of this Agreement. Contractor shall provide to the City Auditor all property-related audit and other reports required under this Agreement. Contractor shall obtain the City’s approval prior to the disposition or sale of any real or personal property acquired with City funds.
Title of Property. Except as set forth on Exhibit “C” hereto annexed, none of the assets of Borrower are, as of the date hereof, subject to any mortgage, pledge, lien or encumbrance except to the Lender.
Title of Property. The Company and its subsidiaries have good and marketable title to all real property owned by them and good title to all other properties owned by them, in each case, free and clear of all mortgages, pledges, liens, security interests, claims, restrictions or encumbrances of any kind except such as (a) are described in the Offering Memorandum or (b) do not, singly or in the aggregate, materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company or any of its subsidiaries; and all of the leases and subleases material to the business of the Company and its subsidiaries, considered as one enterprise, and under which the Company or any of its subsidiaries holds properties described in the Offering Memorandum, are in full force and effect, and neither the Company nor any of its subsidiaries has any notice of any material claim of any sort that has been asserted by anyone adverse to the rights of the Company or any of its subsidiaries under any of the leases or subleases mentioned above, or affecting or questioning the rights of the Company or any subsidiary thereof to the continued possession of the leased or subleased premises under any such lease or sublease;
Title of Property. 1.1 M/s. Gulmohar Residency, a registered partnership firm having its office at Xxxx xx. 0, Xxxx xx. 0, Xxxxxxxx Xxxxxxxxxx Xxxx, X/x. Xxxxxxxx Tubes, Hyderabad – 500 067, represented by its Managing Partner Shri Xxxxxx X Xxxxx, S/o. Late Xxxxxxxx X Xxxxx, Occupation: Business (hereinafter referred to as Owner no.1) is the absolute owner of land in Sy. Nos. 19, situated at Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx, Medchal Malkajgiri District, (formerly known as Ranga Reddy District), admeasuring about Ac. 4-00 Gts. by virtue of registered sale deed dated 22.12.2005, bearing document no. 12683/05 registered at the office of the Sub-Registrar, Xxxxx, X. X. District (hereinafter this land is referred to as the Scheduled A Land and is more fully described at the foot of the document).
1.2 M/s. Jade Estates, a registered partnership firm having its office at Xxxx xx. 0, Xxxx xx. 0, Xxxxxxxx Xxxxxxxxxx Xxxx, X/x. Xxxxxxxx Tubes, Hyderabad – 500 067, represented by its Managing Partner Shri Xxxxxx X Xxxxx, S/o. Late Xxxxxxxx X Xxxxx, Occupation: Business (hereinafter referred to as Owner no.2) is the absolute owner of land in Sy. Nos. 19, situated at Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx, Medchal Malkajgiri District, (formerly known as Ranga Reddy District), admeasuring about Ac. 4-00 Gts. by virtue of registered sale deed dated 22.12.2005, bearing document no. 12684/05 registered at the office of the Sub-Registrar, Xxxxx, X. X. District (hereinafter this land is referred to as the Scheduled B Land and is more fully described at the foot of the document).
1.3 The total land owned by Owner no. 1 & Owner no. 2 admeasuring Ac. 8-00 gts., forming a party of Sy. No. 19, situated at Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx, Medchal Malkajgiri District, (formerly known as Ranga Reddy District) is hereinafter referred to as the Scheduled C Land and is more fully described at the foot of the document.
1.4 Accordingly, Owner no. 1 has became owner of 50% share in the Scheduled C Land and Owner no. 2 has became owner of 50% share in the Scheduled C Land.
1.5 The Vendor has agreed to take on development the Scheduled Land from the Owners, by constructing a Housing Project with 6 floors of flats, 2 basements for parking, along with certain common amenities and entered in to a Joint Development Agreement cum General Power of Attorney bearing document no. 3741/2019, dated 08.07.219 registered at SRO, Kapra.
1.6 The flat along with parking space, undivided share of land and common amenities for joint enjo...
Title of Property. 1.1 The Owners are absolute owners and possessors of land admeasuring about Ac. 16-19 gts., in Sy. Xx. 000, Xxxxxxxxxxx Xxxxxxx, Xxxxxxxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxx, Xxxxxxxxx. Originally Xx. Xxxxxxxxx Xxxxxxxx Xxxxx, S/o. Xxxxxxxxxxx Xxxxx along with Late Xx. Xxxxxxxx Xxxxx Xxxxx, S/o. Xxxxxx Xxxxx were the owners of the said land in Sy. No. 786. The names were duly recorded in the pahanis since 1956 as owners and possessors of the said land.
1.2 Late Xx. Xxxxxxxx Xxxxx Xxxxx died on 11.07.2009 and the MRO Miryalaguda has issued a family member certificate bearing no. E/968/2010 dated 26.03.2010, certifying the Owners herein as the sole legal heirs of late Xx. Xxxxxxxx Xxxxx Xxxxx.
1.3 After the death of late Xx. Xxxxxxxx Xxxxx Xxxxx, the Owners herein inherited the portion of land owned by him in Sy. No. 786. Further, Xx. Xxxxxxxxx Xxxxxxxx Xxxxx has also transferred his share of land in Sy. No. 786 to the Owners herein. The MRO Miryalaguda has appropriately recorded the change in ownership of the land admeasuring Ac. 16-19 gts., in Sy. No. 786 from Xx. Xxxxxxxx Xxxxx Xxxxx and Xx. Xxxxxxxxx Xxxxxxxx Xxxxx in favour of the Owners herein. The Record of Rights (ROR) dated 16.09.2011 reflects the transfer of the Ac. 16-19 gts., in Sy. No. 786, of Miryalaguda Village in favour of the Owners.
1.4 Accordingly, the Owners herein have become absolute owners and possessors of land admeasuring about Ac. 16-19 gts., in Sy. Xx. 000, Xxxxxxxxxxx Xxxxxxx, Xxxxxxxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxx, Xxxxxxxxx. The MRO Miryalaguda has issued patta passbooks and title books in their favour as per the details given below. Name of Pattedar Patta No. Pass book no. Title book no. Extent in Sy. No. 786 Ac – gts., Extent in Sy. No. 786/AA Ac – gts., Xxxxxxxx Xxxxxxx Reddy Owner no. 1 2071 963442 963442 2-26 4-09.5 Xxxxxxxx Xxxxx Reddy Owner no. 2 2070 963441 963441 2-27 4-09.5 Xxxxxxxx Xxxx Reddy Owner no. 3 2069 963440 963440 2-27 --
1.5 The Owners have expressed interest in developing a portion of the above mentioned land, admeasuring about Ac. 6-18 gts., forming a part of Sy. Xx. 000, Xxxxxxxxxxx Xxxxxxx, Xxxxxxxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxx, Xxxxxxxxx (hereinafter referred to as the Scheduled Land and more fully described in the schedule given herein) by constructing residential houses/villas along with common amenities like clubhouse, roads, drains, water & electricity supply, landscaping, gates, children’s park, compound wall, sports & recreational facilities, etc.
1.6 The...
Title of Property. All tangible and intangible, real and personal property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, no Member shall have any ownership interest in such property in its individual name or right, and each Member's interest in the Company shall be personal property for all purposes.
Title of Property. Each of the Company and its subsidiaries has good and valid title to all of their respective properties, interests in properties and assets, real and personal, reflected in the Balance Sheet or acquired after the Balance Sheet Date (except properties, interests in properties and assets sold or otherwise disposed of since the Balance Sheet date in the Ordinary Course of Business), or in the case of leased properties and assets, valid leasehold interests in such properties, free and clear of all Encumbrances, except (i) liens for of current taxes not yet due and payable, (ii) such imperfections of title, liens and easements as do not and will not materially detract from or interfere with the use of the properties subject thereto or affected thereby, or otherwise materially impair business operations involving such properties and (iii) liens securing debt which is reflected on the Balance Sheet. The plants, property and equipment of the Company and its subsidiaries are in good operating condition and repair. All properties used in the operations of the Company and its subsidiaries are reflected in the Balance Sheet to the extent generally accepted accounting principles require the same to be reflected.