Permitted Real Property Liens has the meaning set forth in Section 3.12(a).
Permitted Real Property Liens means with respect to any Real Property (including any Gathering System Real Property), the Liens and other encumbrances described in clauses (a), (b), (c), (d), (e), (h), (i), (j), (k), (l), (u), (v), (w), (x), (z), (aa), (bb), (dd), (gg) or (hh) of Section 6.02.
Permitted Real Property Liens means (a) all Liens for Taxes, assessments, both general and special, and other governmental charges that are not yet due and payable and (b) all building codes, zoning ordinances, land use, environmental and other Laws.
Examples of Permitted Real Property Liens in a sentence
At Closing, Buyer will receive good and marketable title to all the Purchased Assets, free and clear of all Liens of any nature whatsoever except those described in Schedule 5.9(a) of the Disclosure Schedule and Permitted Real Property Liens which Buyer has agreed to assume.5.9(b) Condition.
At Closing, Buyer will receive good and marketable title to all the Purchased Assets, free and clear of all Liens, other than Permitted Real Property Liens or those which do not materially adversely effect the Business or the Purchased Assets.
More Definitions of Permitted Real Property Liens
Permitted Real Property Liens means (i) zoning, building and other similar restrictions imposed by Law but only to the extent that the same are not materially violated by any current use, occupancy or activity conducted by the business or operations of a party or by the assets thereof, and (ii) rights, interests, Liens or titles of, or through, a lessor or sublessor under any lease, sublease or other similar agreement related to real property.
Permitted Real Property Liens. Section 4.12.(a) "Personal Property Leases" - Section 1.1.(e) "Products" - Section 4.20 "Purchased Assets" - Section 1.1 "Purchase Orders" - Section 1.1.(g) "Purchase Price" - Section 3.1 "Real Property" - Section 4.12.(c) "Real Property Leases" - Section 1.1.(b) "Recent Business Balance Sheet" - Section 3.3.(b)(i) "Sales Orders" - Section 1.1.(g) "Settlement Date" - Section 3.2.(e) "Third Accounting Firm" - Section 3.3.(b)(iii) "Trade Rights" - Section 1.1.(f) "Waste" - Section 4.11.(c) Where any group or category of items or matters is defined collectively in the plural number, any item or matter within such definition may be referred to using such defined term in the singular number.
Permitted Real Property Liens means, with respect to the Real Property and any interests therein, (a) all Liens for Taxes, assessments, both general and special, and other governmental charges that are not yet due and payable or that are being contested in good faith by appropriate proceedings and for which adequate reserves have been established in accordance with applicable Law and GAAP, (b) all Liens for mechanics’, materialmen’s, workmen’s, repairmen’s, warehousemen’s, carriers’ and similar Liens that are not yet due and payable or that are being contested in good faith by appropriate proceedings and for which adequate reserves have been established in accordance with applicable Law and GAAP, (c) all building codes, entitlement and zoning ordinances, land use, environmental and other applicable Laws heretofore, now or hereafter enacted, made or issued, in each case, that do not materially impair the current occupancy or use of the Real Property for its intended purpose, (d) those exceptions to title set forth in any title policies of the Companies with respect to the Real Property that have been made available to Investor, (e) any matters that are disclosed by the surveys of the Real Property that have been made available to Investor, (f) all rights with respect to the ownership, mining, extraction and removal of oil, gas or minerals of whatever kind and character (including any rights to gravel, hard rock aggregate, or water extraction) that have been excepted or reserved prior to the Agreement Date in the public records, (g) any covenants, conditions, restrictions, easements, rights of way and similar matters affecting title to the Real Property and that have been filed in the public records prior to the Agreement Date and, in each case, that do not materially impair the current occupancy or use of the Real Property, and (h) rights of tenants under Leases of any portions of the Real Property that do not have any options to purchase or rights of first refusal with respect to such Real Property that do not materially impair the current occupancy or use thereof.
Permitted Real Property Liens as defined in Section 4.1.10(a)(i).
Permitted Real Property Liens has the meaning given in Section 4.10.
Permitted Real Property Liens means (a) liens reflected in Schedule 3.14, (b) liens consisting of zoning or planning restrictions, easements and other customary restrictions or limitations on the use of real property or other liens of record, in each case which do not materially (individually or in the aggregate) detract from the value of, or impair the use of, such property by the Company in the operation of its business, and (c) liens for current taxes, assessments or governmental charges or levies on property not yet due and payable. For purposes of this Agreement, "Fee Property" shall mean all real property owned in whole or in part by the Company. Schedule 3.14 contains an accurate and complete list of all Fee Property owned in whole or in part by the Company and includes the name of the record title holder thereof and a list of all indebtedness secured by a lien, mortgage or deed of trust thereon. The Company has good, valid, marketable and insurable title in fee simple to all the Fee Property, free and clear of all encumbrances, liens, charges or other restrictions of any kind or character, except for Permitted Real Property Liens.
Permitted Real Property Liens means (i) liens reflected in Schedule 5.22(a)(ii), (ii) liens consisting of zoning or planning restrictions, easements, and other customary restrictions or limitations on the use of real property or other liens, changes or encumbrances, none of which materially detracts from the value of, or impair the use of, such property by Parent or its Subsidiaries in the operation of their business, or the development or marketability of such real property; or (iii) liens for current taxes, assessments or governmental charges or levies on property not yet due and payable.