Title to Real Estate And Other Assets. Except for the Owned Real Estate and Leased Real Estate, SELLER is the sole owner of each of the Assets free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. As to the Owned Real Estate, SELLER is the sole owner of a fee simple interest in, and has good and marketable title to, such Owned Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions and shall convey, or cause to be conveyed, such real estate to BUYER by delivery at the Closing of a limited warranty deed (or local equivalent of an Ohio limited warranty deed) conveying such title subject only to the Permitted Exceptions. SELLER has a valid leasehold interest in the Leased Real Estate pursuant, and subject to, the Third Party Lease and has the exclusive use of the Leased Real Estate pursuant to the Third Party Lease, which will be assigned to BUYER by delivery of an assignment conveying such leasehold interest to BUYER at the Closing.
Title to Real Estate And Other Assets. Except for the Owned Real Estate and Leased Real Estate, BANK ONE or an affiliate is the sole owner of each of the Assets free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. As to the Owned Real Estate, BANK ONE or an affiliate is the sole owner of a fee simple interest in, and has good and marketable title to, such Owned Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions and shall convey, or cause to be conveyed, such real estate to BUYER by delivery at the Closing of a limited warranty deed conveying such title subject only to the Permitted Exceptions. BANK ONE or an affiliate has a valid leasehold interest in the Leased Real Estate pursuant, and subject to, the Third Party Lease and has the use of the Leased Real Estate pursuant to the Third Party Lease, which will be assigned to BUYER by delivery of an assignment conveying such leasehold interest to BUYER at the Closing.
Title to Real Estate And Other Assets. Except for the Owned Real Estate and Leased Real Estate, SELLER or an affiliate is the sole owner of each of the Assets free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. As to the Owned Real Estate, SELLER is sole owner of such Owned Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions. SELLER has a valid leasehold interest in the Leased Real Estate pursuant, and subject to, the Third Party Lease and has the use of the Leased Real Estate pursuant to the Third Party Lease. Upon execution and delivery in accordance with the terms of this Agreement, the assignment of the Thirty Party Lease will be duly authorized and approved by SELLER and will be a valid and binding assignment to BUYER of all of SELLER's rights and interests in the Third Party Lease.
Title to Real Estate And Other Assets. SELLER or an affiliate is the sole owner of each of the Assets (other than the Leased Real Estate and the Owned Real Estate) free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. As to the Owned Real Estate, SELLER or an affiliate is the sole owner of a fee simple interest in, and has good and marketable title to, such Owned Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions. SELLER or an affiliate has a valid leasehold interest in the Leased Real Estate pursuant, and subject to, the Office Lease and has the use of the Leased Real Estate pursuant to the Office Lease.
Title to Real Estate And Other Assets. SELLER shall convey, or cause to be conveyed, the Owned Real Estate to BUYER by delivery at the Closing of a limited warranty deed conveying such title subject only to the Permitted Exceptions. The Third Party Lease will be assigned to BUYER by delivery of an assignment conveying such leasehold interest to BUYER at the Closing.
Title to Real Estate And Other Assets. Except for the Owned Real Estate and Leased Real Estate, BANK ONE is the sole owner of each of the Assets free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. As to the Owned Real Estate, BANK ONE is the sole owner of a fee simple interest in, and has good and marketable title to, such Owned Real 26 Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions and shall convey such real estate to Premier by delivery at the Closing of a limited warranty deed conveying such title subject only to the Permitted Exceptions. BANK ONE has valid leasehold title to the Leased Real Estate pursuant to the Third Party Lease and has the use of the Leased Real Estate pursuant to the Third Party Lease, a binding lease agreement which will be assigned to Premier by delivery of an assignment conveying such leasehold interest to Premier at the Closing.
Title to Real Estate And Other Assets. Except for the Leased Real Estate, BANK ONE is the sole owner of each of the Assets free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. BANK ONE has valid leasehold title to the Leased Real Estate pursuant to the Third Party Lease and has the use of the Real Estate pursuant to the Third Party Lease, a binding lease agreement which will be assigned to CNB by delivery of an assignment conveying such leasehold interest to CNB at the Closing for the Flushing Office and, to the extent possible, for the St. Xxxxxxxxxxx Office.
Title to Real Estate And Other Assets. SELLER is the sole -------------------------------------- owner of each of the Assets (other than the Owned Real Estate) free and clear of any mortgage, lien, encumbrance or restrictions of any kind or nature. Notwithstanding the prior sentence, with respect to the Owned Real Estate, SELLER or an affiliate is the sole owner of a fee simple interest in, and has good and marketable title to, such Owned Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions and shall convey, or cause to be conveyed, such real estate to BUYER by delivery at the Closing of a special warranty deed conveying such title subject only to the Permitted Exceptions.
Title to Real Estate And Other Assets. Except for the Branch Real Estate, Seller is the sole owner of each of the Assets free and clear of any mortgage, lien or encumbrance of any kind or nature. As to the Branch Real Estate, Schedule 1.01 correctly identifies the Branch Real Estate. Seller is the sole owner of a fee simple interest in, and has good and marketable title to, such Branch Real Estate, free and clear of all liens, claims, encumbrances and rights of tenants in possession except for the Permitted Exceptions and the other matters that are disclosed in the title report and survey, and Seller shall convey, or cause to be conveyed, such real estate to Buyer by delivery at the Closing of a warranty deed conveying such title subject only to the Permitted Exceptions and the other matters waived by the Buyer.
Title to Real Estate And Other Assets. FNB is the sole owner of the Assets (other than the Real Estate), free and clear of any Liens. As to the Real Estate, NBOH is the sole owner of a fee simple interest in, and has good and marketable title to, such Real Estate, free and clear of all Liens and rights of tenants in possession except for the Permitted Exceptions. FNB has a valid leasehold interest in the Office.
