Owned Real Estate definition

Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Owned Real Estate means the real property owned by the Seller as described in Section 2(i) of the Disclosure Schedule and all buildings, fixtures, and improvements located thereon.

Owned Real Estate has the meaning set forth in Section 4.15.

Examples of Owned Real Estate in a sentence

The Company or one or more of its Subsidiaries has good and marketable fee simple title to the Owned Real Estate free and clear of any Liens other than the Permitted Liens.
Section 4.13(a) of the Company Disclosure Letter contains a true and complete list by address of the Owned Real Estate as of the date hereof.
The Company shall use commercially reasonable efforts to execute and deliver to Chicago Title Insurance Company (the “Title Company”) at Closing such customary seller’s affidavits and gap undertakings in form and substance reasonably acceptable to the Company, as required by Title Company to issue the Title Policies with respect to the Owned Real Estate subject only to Permitted Liens.
To the Knowledge of the Company, there are now in full force and effect duly issued certificates of occupancy (or the local equivalent) permitting the Owned Real Estate and the improvements located thereon to be legally used and occupied as the same are now constituted.
The Owned Real Estate identified in Section 4.13(a) of the Company Disclosure Letter and the Leased Real Estate identified in Section 4.13(b) of the Company Disclosure Letter comprise all of the real property used or intended to be used in, or otherwise related to, the business of the Company or any of its Subsidiaries.

More Definitions of Owned Real Estate

Owned Real Estate means the real property owned by any Credit Party or any Subsidiary of any Credit Party.

Owned Real Estate has the meaning ascribed to it in Section 3.6(b) and Section 5.12(a)(iv).

Owned Real Estate means the real property owned by the Sellers as described in Section 2(i) of the Disclosure Schedule and all buildings, fixtures, and improvements located thereon.

Owned Real Estate means Real Estate owned by a Borrower in fee simple absolute.

Owned Real Estate has the meaning set forth in Section 3.17 hereof.

Owned Real Estate means all real estate owned by the Company.