Examples of Purchased Real Property in a sentence
On the Closing Date, Seller and its applicable Subsidiaries will convey good and marketable title to the Purchased Real Property free and clear of all Liens, except for Permitted Liens.
The Sellers shall have (and Buyer and the Designated Buyers grant) all rights of entry onto the Purchased Real Property necessary for the Sellers to maintain the Transferred Permits and Licenses prior to transfer.
With respect to each parcel of Purchased Real Property, there are no pending, or to Sellers’ Knowledge, threatened condemnation proceedings or other Legal Proceedings that materially and adversely affect the current use or occupancy thereof.
NonCoreCo shall use commercially reasonable efforts to segregate and remove from the Purchased Real Property all Excluded Assets within 120 days after the Closing Date, and CoreCo shall provide reasonable access to NonCoreCo and its Representatives for such task.
In the event the Purchaser fails to cure any such matters, Sellers shall have the right, but not the obligation, to cure such matters (including right of entry onto the applicable Purchased Real Property).