Common use of Title to Properties; Environmental Audits Clause in Contracts

Title to Properties; Environmental Audits. PSP11 in its sole discretion shall be satisfied as to the status of title to (including the existence and effect of liens and encumbrances), and the results of an environmental audit of, each of the real properties owned by AOPP and each of the PSI Exchange Properties.

Appears in 3 contracts

Samples: Agreement of Merger (Public Storage Properties Xi Inc), Agreement of Merger (Public Storage Properties Xi Inc), Agreement and Plan of Reorganization (Public Storage Properties Xi Inc)

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Title to Properties; Environmental Audits. PSP11 AOPP in its sole discretion shall be satisfied as to the status of title to (including the existence and effect of liens and encumbrances), and the results of an environmental audit of, each of the real properties owned by AOPP and each of PSP11, excluding the PSI PSP11 Exchange Properties.

Appears in 2 contracts

Samples: Agreement of Merger (Public Storage Properties Xi Inc), Agreement of Merger (Public Storage Properties Xi Inc)

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