Indefeasible title definition

Indefeasible title means, in relation to a parcel of land, all information contained in the register respecting the title to the estate in fee simple to the parcel, together with all conditions, provisos, restrictions, exceptions, reservations and charges to which that title is subject;
View Source
Indefeasible title means a title to an immovable property or an interest therein entered in the Register of Titles and which cannot be altered or voided.
View Source
Indefeasible title means good and indefeasible title, free and clear of all leases, contracts, liens, claims and encumbrances, other than the lien of ad valorem taxes not yet due and owing; PROVIDED, HOWEVER, that in the case of the Facility Leases, the Amended Facility Leases, leases related to the improvements at the Sheridan Indiana Facility or any leases of vehicles, furniture or office equipment, Indefeasible Title shall mean a valid and unencumbered leasehold interest.
View Source

Examples of Indefeasible title in a sentence

  • Indefeasible title in fee simple to the Real Property, as further described on SCHEDULE 1.4.

  • Indefeasible title in fee simple to ownership of the Real Property as further described on SCHEDULE 1.4.


More Definitions of Indefeasible title

Indefeasible title means a title to an immovable property or an interest therein entered in the Register of Titles maintained in Books B and Book G and which cannot be altered or voided.
View Source

Related to Indefeasible title

  • Defensible Title means, with respect to a given Asset, such ownership by Seller in that Asset that, subject to and except for Permitted Encumbrances:

  • Marketable Title means such ownership by Seller in the Assets that, subject to and except for the Permitted Encumbrances:

  • Good and Defensible Title means title that is free from reasonable doubt to the end that a prudent person engaged in the business of purchasing and owning, developing, and operating producing oil and gas properties in the geographical areas in which they are located, with knowledge of all of the facts and their legal bearing, would be willing to accept the same acting reasonably.

  • Unencumbered means, with respect to any Hotel Property, at any date of determination, the circumstance that such Hotel Property on such date:

  • Adverse Grantor Trust Event As defined in Section 10.02(e).