Owned Real definition
Examples of Owned Real in a sentence
There are no outstanding options, rights of first offer or rights of first refusal to purchase any Owned Real Property or any portion thereof or interest therein.
Seller has fee simple title to the owned Real Property ("Owned Real Property") free and clear of Liens other than Permitted Liens.
Section 2(i) of the Disclosure Schedule lists and describes briefly all Owned Real Estate and real property leased to the Seller (including, without limitation, complete legal descriptions for all of the Real Estate).
The Owned Real Property includes, and the Real Property Leases provide, access to the Stations' facilities.
There are no outstanding options or rights of first refusal to purchase the Owned Real Property, or any portion thereof or interest therein.
The Company and each of its Subsidiaries enjoy peaceful and undisturbed possession of the Owned Real Property and the Leased Real Property.
None of the Owned Real Property is subject to any right or option of any other Person to purchase or lease an interest in such Owned Real Property.
There are no material latent defects or material adverse physical conditions affecting the Owned Real Property or Leased Real Property.
Advise the Holder of its receipt of any notice of expropriation affecting any Owned Real Property where the expropriation is likely to be successful and if successful would result in expropriation proceeds exceeding Five Hundred Thousand U.S. Dollars (US$500,000).
There are no outstanding options, rights of first offer or rights of first refusal to purchase such Owned Real Property or any portion thereof or interest therein.