Examples of Real Property in a sentence
Except as has not had, and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect, the Company and its Subsidiaries have good and marketable title (or good and indefeasible title with respect to Owned Real Property in Texas), in fee simple, free and clear of all Liens other than Permitted Liens, to the Owned Real Property (including the buildings, structures and other improvements thereon and fixtures thereto).
Such Liens in the aggregate do not materially and adversely affect the value, operation or use of the applicable Real Property (as currently used) or the Borrower’s ability to repay the Loans.
The leasehold interests relating to the Real Property Leases are free and clear of all Liens, other than Permitted Liens.
Except as set forth on the Leased Real Property Schedule, the Leased Real Property leases are in full force and effect, and each Company, as applicable, holds a valid and existing leasehold interest under each such lease.
This Agreement may not be amended or modified except by written instrument signed by Owner and the Department which instrument shall not be effective until it is recorded in the Real Property Records of the county in which the Property is located.