Examples of Easement Real Property in a sentence
One of the Companies is the sole owner and holder of a valid and subsisting easement interest in and to all of the Easement Real Property, subject only to Permitted Liens and Post-Signing Liens.
One of the Companies is the sole owner and holder of good, valid and marketable title to all of the Improvements located on the Leased Real Property and Easement Real Property, subject only to Permitted Liens and Post-Signing Liens, or except for the Joint Use Facilities, as such term is defined in each Generating Facility Easement, or other Improvements owned by the lessor or grantor under any Lease or Generating Plant Easement which are permitted by such instrument to be located on such property.
Except as set forth in Section 4.11(c) of the Sellers Disclosure Schedule, none of the Acquired Companies has leased, licensed or otherwise granted any Person the right to use or occupy such Owned Real Property, Leased Real Property or Easement Real Property which right includes material obligations of any Acquired Company or materially affects the Acquired Company’s actual use of or ability to use such Owned Real Property, Leased Real Property or Easement Real Property.
Seller shall reasonably cooperate with Buyer’s efforts to obtain, at Buyer’s sole cost and expense, any title insurance and ALTA surveys that Buyer may desire with respect to the Owned Real Property and Easement Real Property (including providing a customary owner’s affidavit to Buyer’s title insurance company in form and substance acceptable to Seller).
Except as set forth on Section 3.11(c)(ii) of the Seller Disclosure Schedule, a Seller has a good and valid easement or license interest in the Easement Real Property, as applicable, free and clear of all Liens other than Permitted Liens.
The Company is in compliance, in all material respects, and during the past three (3) years has been in compliance, in all material respects, with each easement, right-of-way, permit or license interest in and to the Easement Real Property.
Except as set forth in Section 3.15(b)(ii) of the Seller Disclosure Schedule, Seller owns and possesses good and valid easement, right-of-way, permit and license and other real estate interests in the Easement Real Property and owns good and indefeasible title in fee simple to all Improvements constituting real property located therein or thereon, as applicable, free and clear of all Liens other than Permitted Liens.
Except as set forth on Section 3.11(d)(ii) of the Seller Disclosure Schedule, none of the Owned Real Property and no interest of any Seller in the Easement Real Property, is subject to or encumbered by any purchase options, rights of first refusals, rights of first offer or other rights to sell, assign or dispose any interest in such Real Property.
Other than the owners of the Leased Real Property and Easement Real Property and the owners of the personal property and Intellectual Property leased or licensed to Sellers, no Persons other than Sellers are engaged in the operation of, or hold rights, title and interest in, the Purchased Assets that are used or useful in the operation of the Business.
The Company possesses valid easement, right-of-way, permit or license interests in and to the Easement Real Property, in each case free and clear of all Liens, except for Permitted Liens or Liens related to Closing Date Indebtedness.