Real Property Encumbrances definition

Real Property Encumbrances means the Encumbrances over the Real Property disclosed in the Vitran Disclosure Letter;

Real Property Encumbrances means any encumbrance of any kind (meaning any pledge, mortgage, seizure, privilege, lien, usufruct, right of pre-emption, enjoyment or claim, easement, right of first refusal or any third party option right or any other encumbrance or security interest of any kind).

Real Property Encumbrances those Encumbrances set forth on Schedule 3.12(a) related to the Real Property;

Examples of Real Property Encumbrances in a sentence

• If Seller delivers a Non-Removal Notice to Buyer, then Buyer shall have until the date that is five (5) Business Days after the date that Buyer has received the Non-Removal Notice to notify Seller in writing that Buyer elects to either (A) nevertheless proceed with the transactions contemplated herein subject to such exceptions (in which event all such exceptions shall be deemed to constitute Permitted Real Property Encumbrances), or (B) terminate this Agreement.

• If Seller elects in writing not to remove one or more Objectionable Encumbrances (other than the Removable Objections), Buyer may elect, to either (a) terminate this Agreement by giving written notice to Seller within five (5) Business Days after Buyer’s receipt of Seller’s election, or (b) waive such Objectionable Encumbrances, in which event such Objectionable Encumbrances shall be deemed additional Permitted Real Property Encumbrances and the Closing shall occur as herein provided.

• There is a fundamental difference between trust in P2P networks, where it is based on the reliability of a node to adhere correct parameters and is seen as a measure of performance, and trust in social networks.

• Except for the Permitted Real Property Encumbrances and as set forth in Schedule 4.08, Seller has good and marketable title in the Real Property.

• Such Loan Party or such Subsidiary has good, marketable and insurable fee simple title to such real property, free and clear of all Liens, other than Permitted Real Property Encumbrances.

More Definitions of Real Property Encumbrances

Real Property Encumbrances has the meaning set forth in Section 4.9(c).

Real Property Encumbrances means liens, pledges, claims, security interests, restrictions, mortgages, tenancies and other possessory interests, conditional sale or other title retention agreements,

Real Property Encumbrances has the meaning set forth in Section 6.11.1(a).

Real Property Encumbrances means: (a) statutory liens of landlords, banks (and rights of set off), carriers, warehousemen, mechanics, repairmen, workmen, materialmen, vendors and other similar liens arising in the ordinary course of business for amounts not yet overdue or for amounts that are overdue and that are being contested in good faith by appropriate proceedings; (b) liens for Taxes, assessments, or other governmental charges or levies and other liens imposed by law, in each case incurred in the ordinary course of business consistent with past practice for amounts not yet overdue or being contested in good faith by appropriate proceedings; (c) the terms and conditions of all liens created by oil and gas leases, easements, rights of way, restrictions, encroachments, and all other burdens recorded in the real property records of the county in which the Real Property is located; (d) liens to operators and non-operators under model form operating agreements arising in the ordinary course of the business; (e) liens arising from precautionary UCC filings; (f) lease burdens existing as of the date of this agreement constituting monetary obligations payable to third parties, including, without limitation, any royalty, overriding royalty, net profits interest, production payment, carried interest or reversionary working interest; and (g) liens arising under unitization and pooling agreements and orders, farmout agreements, gas balancing agreements and other customary agreements in the energy industry.

Real Property Encumbrances means Encumbrances, rights of way, covenants, restrictions, rights of first refusal, easements, leases, subleases, preemptive rights, restrictions, encroachments and other burdens, options or encumbrances filed of record of any kind.

Real Property Encumbrances means all covenants, restrictions, easements and other matters of title recorded against or otherwise affecting all or any portion of Owned Real Property and set forth on SCHEDULE 11.1(C).

Real Property Encumbrances means the debt secured by the Business Real Property.