Examples of Transferred Real Property in a sentence
To the Knowledge of Seller, no other party to any Transferred Real Property Lease or Transferred Right-of-Way is in default, violation or breach of such Transferred Real Property Lease or Transferred Right-of-Way and there are no disputes pending or threatened thereunder other than those defaults, violations, breaches and disputes that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Each Seller owns and has valid title to the Transferred Real Property that is Owned Real Property owned by it and has valid leasehold or subleasehold interests, as the case may be, in all of the Transferred Real Property that is Leased Real Property leased or subleased by it, in each case, free and clear of all Encumbrances, other than Permitted Encumbrances.
On or before the date that is ninety (90) days after the Effective Date, the Environmental Custodial Trust Trustee shall provide the United States and the Lead Government Agency for a Transferred Real Property with a proposed budget for the balance of the calendar year and the next calendar year.
With respect to the Allied Paper Mill Transferred Real Property, the Environmental Custodial Trust shall at all times maintain (i) the Custodial Trust Response Cost Account, (ii) the Custodial Trust Restoration Cost Account, and (iii) the Custodial Trust MDNRE Cost Account.
Such written request shall specify what expenditures by the Lead Government Agency the funds would reimburse and shall certify that such expenditures by the Lead Government Agency were only for Environmental Actions and/or oversight costs with respect to the Transferred Real Property and related Site.