Surplus Property Laws definition

Surplus Property Laws means all applicable laws pertaining to the disposition of surplus school property pursuant to Sections 17455, et seq., of the California Education Code and Sections 54220, et seq., of the California Government Code.
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Examples of Surplus Property Laws in a sentence

  • Buyer shall hold Seller harmless from any and all claims, obligations and/or liabilities arising out of any procedural defect under Seller’s control which might invalidate the provisions of this Agreement or the delivery of title to Parcel B, including the Surplus Property Laws and the Waiver, that arise after Closing.

  • In the event that the sale of the Property to Buyer is contested in writing prior to the Closing by any person or entity on the grounds that Seller has not complied with the Surplus Property Laws (a “Pre-Closing Contested Matter”), and based upon the facts and circumstances, there is significant exposure to litigation with respect to this transaction, Buyer shall have the right to terminate Escrow.

  • Buyer shall hold Seller harmless from any and all claims, obligations and/or liabilities arising out of any procedural defect under Seller’s control which might invalidate the provisions of this Agreement or the delivery of title to Parcel C, including the Surplus Property Laws and the Waiver, that arise after Closing.

  • In the event that the sale of Parcel C to Buyer is contested in writing prior to the Closing by any person or entity on the grounds that Seller has not complied with the Surplus Property Laws, including, but not limited to, compliance with the Waiver (a “Pre-Closing Contested Matter”), and based upon the facts and circumstances, there is significant exposure to litigation with respect to this transaction, either Party shall have the right to terminate Escrow.

  • Buyer shall hold Seller harmless from any and all claims, obligations and/or liabilities arising out of any procedural defect under Seller’s control which might invalidate the provisions of this Agreement or the delivery of title to the Property, including the Surplus Property Laws, that arise after Closing.

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  • In the event that the sale of Parcel A to Buyer is contested in writing prior to the Closing by any person or entity on the grounds that Seller has not complied with the Surplus Property Laws, including, but not limited to, compliance with the Waiver (a “Pre-Closing Contested Matter”), and based upon the facts and circumstances, there is significant exposure to litigation with respect to this transaction, Buyer shall have the right to terminate Escrow.

  • Buyer shall hold Seller harmless from any and all claims, obligations and/or liabilities arising out of any procedural defect under Seller’s control which might invalidate the provisions of this Agreement or the delivery of title to Parcel A, including the Surplus Property Laws and the Waiver, that arise after Closing.

Related to Surplus Property Laws

  • Real Property Laws as defined in Section 3.1.18(f).

  • Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from section 9 of the Act, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use of the property for the purpose of eco-tourism or for the trading in or hunting of game;

  • Environmental Property Transfer Act means any applicable requirement of law that conditions, restricts, prohibits or requires any notification or disclosure triggered by the closure of any property or the transfer, sale or lease of any property or deed or title for any property for environmental reasons, including, but not limited to, any so-called "Industrial Site Recovery Act" or "Responsible Property Transfer Act."

  • Real Property Security Documents means the Landlord Consent and any mortgage or deed of trust or any other real property security document executed or required hereunder to be executed by any Obligor and granting a security interest in real Property owned or leased (as tenant) by any Obligor in favor of the Lenders.

  • Environmental, Health or Safety Requirements of Law means all Requirements of Law derived from or relating to foreign, federal, state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto, any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • hazardous properties means radioactive, toxic or explosive properties.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

  • Liquor Act means the Liquor Act 2007 and any regulation made under the Liquor Act 2007. Any reference to a provision of the Liquor Act includes a reference to the same or similar provision in any legislation replacing, amending or modifying the Liquor Act however that provision may be amended in that legislation.

  • Labor laws means the following labor laws and E.O.s:

  • Liquor Laws means all applicable federal, state and local statutes, laws, rules and regulations pursuant to which Liquor Authorities possess regulatory, licensing or permit authority over the sale, distribution and possession of alcoholic beverages.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • surplus assets means any assets of the Company that remain after paying all debts and other liabilities of the Company, including the costs of winding up.

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Trade Laws means, with respect to any Person, all applicable customs, import and export Laws in jurisdictions in which such Person or any of its Subsidiaries does business or is otherwise subject to jurisdiction.

  • Insurance Laws means all Laws applicable to the business of insurance or the regulation of insurance companies.

  • District Property means all property owned by the District including, but not limited to, the Amenity Center, common areas, parking lots and ponds.

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization, or similar laws, or general equitable principles from time to time in effect affecting the rights of creditors generally.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.