Examples of Real Property Leased in a sentence
As of the applicable Closing Date, no Company or any Purchased Subsidiary will (a) own or hold any assets, other than the Owned Real Property, Leased Real Property, interests in Subsidiaries or pursuant to any Material Contract, or (b) conduct any business, other than as set forth in the immediately preceding clause (a), the operation of the Real Property, the Leased Real Property or otherwise pursuant to any Material Contract.
Real Property Taxes and other taxes, and all other expenses and charges relating to the ownership and/or occupancy, as applicable, of the Owned Real Property, Leased Real Property and Assets, shall be shared on a pro rata basis in proportion to the period of ownership or occupancy of Seller, on the one hand, and Purchaser, on the other hand.
There is no condemnation proceeding pending with service of process made on the Seller (or its Affiliates) or, to the Seller’s Knowledge, threatened or pending without service of process made on the Seller (or its Affiliates), against any of the Owned Real Property, Leased Real Property, Easements or Transferred Pipeline Rights.
The Owned Real Property, Leased Real Property and Ground Lease Property, as hereinafter defined (together, the “Real Property”) identified in Section 3.19 of the Company Disclosure Schedule comprise all of the real property (owned or leased) used in the Company’s business.
The risk of loss or damage by fire or other casualty to any Owned Real Property, Leased Real Property or Tangible Personal Property after the Closing is assumed by the Purchaser.
Except as set forth on Schedule 4.22, to the knowledge of the Company, there is no material Release of any Hazardous Material at, on, under, in, or from any other property that has migrated, or is migrating to, on, or under, or is otherwise threatening any Owned Real Property, Leased Real Property or any real property previously operated or occupied by the Company or any of its Subsidiaries, taken as a whole.
Schedule 5.6 contains a list of all Real Property, Leased Real Property, or other interests in Real Property owned by Company.
Except for the Excluded Leased Real Property, Leased Real Property located outside the United States and India Leased Real Property located outside of India, the Combined Leased Real Property constitutes all of the real property leased or otherwise occupied by Seller.
None of the Company or any of its Subsidiaries is subject to any outstanding cessation order or cease or desist order issued by any Surface Mining Enforcement Agency with respect to the Owned Real Property, Leased Real Property or the Business.
Until the Closing Date, unless and until this Agreement is earlier terminated pursuant to the provisions hereof, Sellers will not, directly or indirectly solicit offers for the Car Wash Business, Owned Real Property, Leased Real Property or the Assets.