Title to Properties definition

Title to Properties. The Trust has title to all of the Trust's assets owned or purported to be owned by the Trust as of the date hereof as shown on the pro forma balance sheet delivered pursuant to Section 3.3 hereof, including without limitation the Nuclear Fuel referred to in Schedule A to the Lease Agreement as of the Closing Date and all such assets are free of any Liens, except those which are of a character permitted by Section 8.12 hereof; provided, however, that, with respect to any title to assets acquired from the Lessee or any other vendor as provided in the Lease Agreement, the Trust (except with respect to its own actions) is making this representation and warranty only to the extent of and entirely in reliance on representations and warranties made by the Lessee or such other vendor in the Agreement of Sale or in the Vendors' Bills of Sale delivered from time to time pursuant to the Lease Agreement or in other instruments and has made no independent investigation with respect thereto.
Sample 1
Title to Properties. Except as set forth in Schedule 3.17, to the Jollays' knowledge, OPC and each OPC Subsidiary has good, valid and marketable title to all of its assets (except for those assets which are held pursuant to valid leases) of every kind, nature and description, tangible or intangible, wherever located, which constitute all of the property now used in and necessary for the conduct of its business as presently conducted (including without limitation all assets shown or reflected on the OPC Financial Statements). To the knowledge of the Jollays, the UCC-11 lien searches and the real estate title lien searches provided to the Jollays by Baker & Hostetler LLP set forth all mortgages, pledges, liens, xxxurixx xxxxxxsts, and encumbrances relating to the assets of OPC and each OPC Subsidiary. Such real estate title lien searches reference all real property owned by OPC or any OPC Subsidiary. Except as set forth in Schedule 3.17, neither OPC nor any OPC Subsidiary leases any real property as a lessee.
Sample 1
Title to Properties. Either World Commerce Online, Inc. or one of its Subsidiaries owns all the material properties and assets that they purport to own (real, personal and nixed, tangible and intangible), including without limitation, all the material properties and assets reflected in the Balance Sheet (except for property sold since the date of the Balance Sheet in the ordinary course of business or leased under capitalized leases), and all the material properties and assets purchased or otherwise acquired by World Commerce Online, Inc. or any of its Subsidiaries since the date of the Balance Sheet.
Sample 1

Examples of Title to Properties in a sentence

  • Title to Properties Acquisition of rights to the mineral properties is a very detailed and time-consuming process.

  • The Borrower shall not, and shall not cause or permit any Restricted Subsidiary to, at any time, directly or indirectly, create, incur, assume or suffer to exist any Lien on any property or assets of the Borrower or any Restricted Subsidiary, tangible or intangible, now owned or hereafter acquired, or agree or become liable to do so, except Permitted Liens, subject to the proviso in Section 6.8(a) [Title to Properties].

  • Power and Authority; Compliance With Laws; Title to Properties; Event of Default.

  • Subject to the qualifications and limitations set forth expressly in the Mortgages and in the proviso set forth in Section 6.8(a) [Title to Properties], the Liens granted to the Collateral Agent pursuant to each Mortgage constitute a valid first priority Lien on the Real Property under applicable law, subject only to Permitted Liens.

  • It also allows us to say the first term is larger for teams that ranked highly in the previous year.

  • Written notice of special Shareholder’s meetings, stating the place within or without the Commonwealth of Virginia, the date and hour of the meeting, the purpose or purposes for which it is called, and the name of the person by whom or at whose direction the meeting is called, shall be given not less than ten (10) nor more than sixty (60) days before the date set for the meeting.

  • Title to Properties; Possession Under Leases............................................

  • Title to Properties Acquisition of rights to the exploration and evaluation properties is a very detailed and time- consuming process.

  • The following third party consents and approvals may be necessary in order to consummate the share exchange: Consent of each of the third parties referenced in Schedules 3.13 Title to Properties and 3.10 Contractual Commitments.

  • Title to Properties; Possession Under Leases..............................


More Definitions of Title to Properties

Title to Properties. Except as set forth on Schedule 4.8 Franklin has good title to all of its properties and assets, both real and personal, tangible and intangible, reflected on the balance sheet included in the Audited Financial Statements or acquired after the date thereof (except inventory or other personal property disposed of in the ordinary course of business subsequent to the date thereof), and such properties and assets are not subject to any mortgage, pledge, lien, security interest encumbrance or charge other than (o) liens for current taxes not yet due and payable, (ii) liens and encumbrances that do not materially detract from the value of the property subject thereto or materially impair the operations of Franklin or (iii) liens securing obligations reflected in the Financial Statements. With respect to properties or assets it leases, except as set forth on Schedule 4.8, Franklin is in compliance with such leases (except for such defaults or breaches that would not, individually or in the aggregate, have a material adverse affect on assets, liabilities, condition (financial or otherwise), operating results, business or prospects) and holds valid leasehold interests free of any liens, claims or encumbrances except for those described in subsections (i) through (iii) hereof.
Sample 1

Related to Title to Properties

  • Owned Properties has the meaning set forth in Section 3.16.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

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

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • 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.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Owned Real Property has the meaning set forth in Section 4.10(a).

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  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.