Existing Exceptions definition

Existing Exceptions means the encumbrances which affect Landlord's title to the Property and which are set forth in Exhibit B attached hereto, together with the Lease itself, together with such additional encumbrances on the title to the Property as are created by or at the request or with the consent of Tenant in accordance with the terms of the Lease, exclusive, however, of any mortgage, liens, deeds to secure debt or other loan documents encumbering fee title to the Property.
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Existing Exceptions means: (a) applicable zoning, subdivision, building and other land use laws and regulations; (b) all matters, whether or not of record, that arise by, through or under Developer or its agents, representatives or contractors; (c) the lien of real estate taxes and assessments not yet due and payable, subject to adjustment as provided herein; and (d) all other matters shown on or referenced in the Title Commitment or the Survey as of the date hereof or during the Due Diligence Period.
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Existing Exceptions means those matters set forth in Exhibit ”B” attached hereto and incorporated herein by this reference.
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Examples of Existing Exceptions in a sentence

  • Tenant shall have the title to the Property examined and give written notice to Landlord within thirty (30) days following Tenant's receipt of the Exercise Notice of any Title Objections disclosed by such initial examination or by a survey of the Property other than the Existing Exceptions.

  • The Agency shall not permit or cause to be created during the period of its ownership any exceptions to title other than the Existing Exceptions.

  • If Buyer fails to timely provide written notice of Disapproved Exceptions, all Existing Exceptions (other than Disapproved Monetary Liens) will be deemed Permitted Exceptions.

  • If Purchaser objects to any of the Existing Exceptions, it shall provide written notice to Seller prior to expiration of the Feasibility Period, in which event this Agreement shall terminate, Purchaser shall be entitled to receive the return of the Deposit and neither party shall have any further liabilities or obligations to the other party, except for those expressly stated to survive the termination of this Agreement.

  • Notwithstanding the foregoing, prior to the contribution of the Existing Property to the Company, Tejon may, without the Approval of the Executive Committee or the Developers, enter into agreements for or otherwise permit hunting and the grazing of livestock on the Existing Property and engage in or otherwise allow any other party to engage in any activity specifically permitted pursuant to the Approved Existing Exceptions.

  • For purposes of this Contract the term "Permitted Exceptions" will mean, collectively, the following: (a) all Existing Exceptions, (b) all Title Exceptions to which Purchaser has not timely objected, and (c) all Title Objections which Purchaser has waived, accepted or is deemed to have waived or accepted (other than the Required Cure Items, which Seller shall be obligated to remove at or prior to the Closing) under this Section 4.

  • In such event, the indemnifying party shall have the option to defend the indemnified party against any Loss, and, in the event that the indemnifying party so elects, such defense shall be conducted by counsel chosen by the indemnifying party and approved by the indemnified party in its reasonable discretion.

  • Notwithstanding the foregoing, Seller shall have no obligation to remove or modify any of the Existing Exceptions, nor shall Seller’s obligations to cure any objection require Seller to expend more than $5,000.00 or to file suit with regard to the same.

  • To the best of Seller's knowledge, Banter's title is subject only to the Existing Exceptions, Contracts, and other matters referred to in this Agreement, and except as set forth in Schedule G to this Agreement, Seller is not in default under or in violation of the terms of any Existing Exceptions or Contracts.

  • To the knowledge of each B/S/S Party, no B/S/S Party is in default under any of the Existing Exceptions.


More Definitions of Existing Exceptions

Existing Exceptions means those certain exceptions to title to the Property set forth on Exhibit B attached hereto.
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Existing Exceptions mean those matters set forth on Exhibits D-1 through D-3 attached hereto and incorporated herein by this reference.
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Existing Exceptions means a lien against the Property for real estate taxes not yet due and payable and those other matters affecting title to the Property as are set forth on Exhibit D attached hereto.
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Existing Exceptions means those matters affecting title to the Property as are set forth on Exhibit C attached hereto.
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Existing Exceptions means any liens or other exceptions set forth on SCHEDULE 1 attached hereto.
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Existing Exceptions means and refer to the following, and any other exceptions contained in Buyer’s Survey as referenced in Section 9.2 herein: 2.9.1 Easement in favor of the City of Ocala recorded May 13, 1991, in Book 1737, Page 909, Public Records of Xxxxxx County, Florida; 2.9.2 Master Development Agreement as set forth in instrument recorded in Book 5564, page 45; First Amendment in Book 5857, page 365; Qualified Purchaser Agreement in Book 5904, page 1775; Release in Book 5904, page 1801, Public Records of Xxxxxx County, Florida. 2.9.3 Development Entitlements Agreement as set forth in instrument recorded in Book 5821, page 1137, Public Records of Xxxxxx County, Florida. 2.9.4 Easement recorded in Book 5904, page 1679, Public Records of Xxxxxx County, Florida. 2.9.5 Access Easement Agreement SW as set forth in instrument recorded in Book 5904, page 1703, Public Records of Xxxxxx County, Florida. 2.9.6 Access Easement Agreement NW as set forth in instrument recorded in Book 5904, page 1736, Public Records of Xxxxxx County, Florida. 2.9.7 Access Agreement as set forth in instrument recorded in Book 5904, page 1756, Public Records of Xxxxxx County, Florida. 2.9.8 Recorded Notice of Environmental Resource Permit as set forth in instrument recorded in Book 6039, Page 1309, Public Records of Xxxxxx County, Florida. 2.9.9 Recorded Notice of Environmental Resource Permit as set forth in instrument recorded in Book 6103, page 634, Public Records of Xxxxxx County, Florida. 2.9.10 Easement granted by Current Owner to Seller for ingress, egress, and utilities, across the portion of the Property depicted in Exhibit “D”, as contemplated by the Prime Contract.
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Related to Existing Exceptions

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

  • Exceptions means the conditions set out in Standard Licence Condition 14A.3 of our Licences, which are: (i) if your previous supplier has prevented

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Existing Survey means the existing ALTA survey of the Property.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Permitted Encumbrances means:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Existing Liens means Liens on the property or assets of the Company and/or any of its Subsidiaries existing on the date of this Indenture securing Indebtedness of the Company or any of its Subsidiaries (other than Liens incurred pursuant to clause (1) of Section 4.07 hereof).

  • Immaterial Title Deficiencies means minor defects or deficiencies in title which do not diminish more than 2% of the aggregate value of the Oil and Gas Properties evaluated in the Reserve Report used in the most recent determination of the Borrowing Base.

  • Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Additional Properties means any oil and natural gas assets or related interests that are acquired by any member of the Partnership Group pursuant to an Acquisition.

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Existing Equipment means any items of existing plant or equipment owned or controlled by either Pur- chaser or End-User upon which Supplier is required to perform Services.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.