Examples of Owned Facility in a sentence
Any moneys received by the mortgagees or beneficiaries under a Mortgage relating to an Owned Facility as payment for any loss under any policy of mortgage title insurance which was delivered by NHLP shall become part of the Mortgaged Property and shall be paid and applied in the same manner contemplated by Section 3.3 hereof.
The Liens granted to the Agent for the benefit of the Banks pursuant to the Mortgages and the Leasehold Mortgages constitute valid Liens under applicable law having priority over all other Liens except that if otherwise permitted by this Agreement they may be subordinate to Liens in favor of the Owned Facility Lenders and Lessor Lenders, as the case may be, and Schedule 6.01(aa) indicates if such Liens are subordinated.
The Company or one of the Company Subsidiaries has fee title to each Company Owned Facility, free and clear of any Liens other than Permitted Liens.
In the absence of a finding of noncompliance such auditor shall not be present at such Chartered Jointly Owned Facility for more than five (5) working days.
The Owned Facility, including all buildings situated thereon and all real property leasehold improvements and all rights in easements, driveways and signs, all as legally described on Schedule 2.1(a).
Neither Seller nor Officer have received any notice of violation, alleged violation, noncompliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to the Owned Facility from any Person, nor does Seller or Officer have Knowledge or reason to believe that any such notice will be received from or is being threatened by any Person.
The legal description for the Owned Facility contained in the deed therefor shall describe the real property forming a part of the Owned Facility fully and adequately.
There are no outstanding options or rights of first refusal or first offer to purchase the Owned Facility or any portion thereof.
All durable medical equipment products held for sale, --------- including, without limitation, wheelchairs, beds, braces and other walking aids, and all disposable products, including, without limitation, incontinence and urological aids, ostomy products and fitted garments whether located at the Stores, the Owned Facility or offsite pursuant to customer rental arrangements (the "Inventory").
There are no parties other than Seller in possession of the Owned Facility or any portion thereof.