Interests in Real Property Sample Clauses

Interests in Real Property. US WIRELESS does not own or lease any real property, except for that listed on an attachment hereto.
AutoNDA by SimpleDocs
Interests in Real Property. Except as listed in attachment hereto does not own any item of real property.
Interests in Real Property. LICENSEE shall acquire or settle all property, property rights and all damages to property affected by the installation, construction, maintenance, and operation of the Facilities. The cost of said property, property rights and damages to property shall be borne by LICENSEE. RAILWAY, insofar as it has the legal right so to do, shall permit LICENSEE to enter upon lands owned or operated by RAILWAY to construct and occupy its property with sufficient width to permit construction and maintenance of the Facilities. LICENSE and RAILWAY shall enter into good faith negotiations for a price to be consistent with the property interest determined by LICENSEE to be needed for the proposed improvement. However, the price to be paid by LICENSEE to RAILWAY for said conveyances (representing the fair market value thereof plus damages, if any, to the residue) shall be as mutually agreed upon within nine (9) months from the date of occupancy by LICENSEE, and if agreement as to price is reached, an additional period of ninety (90) days shall be allowed for settlement, it being agreed however, that if no agreement as to price is reached within the aforesaid nine (9) month period, LICENSEE will within ninety (90) days thereafter institute an eminent domain proceeding authorized by law for the determination of the value of same. The provisions of this Agreement shall survive the institution of such eminent domain proceeding. LICENSEE shall furnish the plans and descriptions for any such conveyance. It is understood, however, that the foregoing right of entry is a permissive use only, and this Section is not intended to convey or obligate RAILWAY to convey any interest in its land.
Interests in Real Property. Except as set forth and described in Schedule 2.13 hereto, the Company has no interest in any owned or leased real properties and is not in violation of any covenant, agreement, or other obligation with respect to any such interests in real properties.
Interests in Real Property. At the Closing, the Shareholder shall cause the Seller to obtain, and the Seller shall obtain, the following documents with respect to the transfer of interests in real property:
Interests in Real Property. (a) The Company does not own and has never owned any real property. Section 3.10 of the Disclosure Schedule sets forth a true and complete list of all real properties leased by the Company. Except as disclosed in Section 3.10 of the Disclosure Schedule, the Company has good and transferable leaseholds in all real property shown in Section 3.10 of the Disclosure Schedule as leased by it (all such leases being referred to herein as "Real Property Leases"). To any Seller's knowledge each of the Real Property Leases is valid and enforceable. To any Seller's knowledge there does not exist under any Real Property Lease any default by the Company or any landlord or any event which with notice or lapse of time or both would constitute a default by either the Company or the landlord. Except as disclosed in Section 3.10 of the Disclosure Schedule, none of the Company's interests in real property leased by the Company is subject to any liens (other than a lien of current property Taxes and assessments not in default, if any), mortgages or encumbrances; and none of such real properties is subject to any easement, right of way, license, grant, building or use restriction, exception, reservation, limitation or other impediment which materially and adversely affects the value thereof to the Company or which interferes with or impairs the present and continued use thereof in the usual and normal conduct of the business of the Company. Sellers have no reason to believe, nor have they attempted to determine whether improvements on all real property leased or used by the Company and the operations therein conducted fail to conform in all material respects to all applicable health, fire, environmental, safety, zoning and building laws, ordinances and administrative regulations, except for nonconforming uses or violations which do not and will not expose any person or property to injury or damage, adversely affect any insurance coverage, give rise to strict liability, penalties or fines, jeopardize any Licenses or Environmental Permits, or interfere materially in any respect with the present use, operation or maintenance thereof by the Company as now used, operated or maintained, or which do not and will not materially and adversely affect the value thereof. All buildings, structures, improvements and fixtures owned, leased or used by the Company in the conduct of its business are in good operating condition and repair.
Interests in Real Property. Schedule 2.11 sets forth an accurate and complete list of the location of each item of real property ("Real Property") owned or leased by MM. MM as of the closing date, owns no "Real Property". Schedule 2.11 sets forth an accurate and complete list (by lessee) in the summary description of all leases of Real Property to which MM is a party. MM has a valid leasehold interest in each Real Property lease held by it as lessee or sub-lessee as of the date hereof, in each case free and clear of all Liens, except for those Liens described in Schedule 2.11. All such Real Property leases are in full force and effect and MM has received no notice of any default thereunder or waived or is aware of any event or circumstances with which the giving of notice or lapse of time or both would constitute a default hereunder. MM has received no notice nor has any knowledge of any pending, threatened or contemplated condemnation proceeding affecting any Real Property owned or leased by it or any part thereof or of any sale or other disposition thereof in lieu of condemnation. All of the buildings, fixtures and other improvements described in Schedule 2.11 are in good operating condition, subject to ordinary wear and tear.
AutoNDA by SimpleDocs
Interests in Real Property. Section 3.16 of the Company Disclosure Schedule sets forth a complete and correct list and brief description of all real property leased by the Company and each of the Company Subsidiaries on the date of this Agreement. Neither the Company nor any of the Company Subsidiaries owns any real property. All real property leases to which the Company or any of the Company Subsidiaries is a party are valid and in full force and effect and, to the Company’s Knowledge, are valid and binding on the other parties thereto in accordance with their respective terms, assuming enforceability as to the parties other than the Company and the Company Subsidiaries that are parties thereto, and neither the Company nor any of such Company Subsidiaries, as applicable, is in Default of any material provision thereof. All improvements and fixtures made by or at the direction of the Company or any of the Company Subsidiaries on real properties leased by the Company or each of the Company Subsidiaries conform in all material respects to all applicable health, fire, safety, environmental, zoning and building Laws and ordinances; and all materials, buildings, structures (or the space used by the Company or any of the Company Subsidiaries in such buildings or structures) and fixtures used by the Company and each of the Company Subsidiaries in the conduct of their business are in good operating condition and repair, ordinary wear and tear excepted.
Interests in Real Property. (a) Schedule 3.11 sets forth a true and complete list of all real properties leased by the Company or any of its Subsidiaries. Neither the Company nor any of its Subsidiaries owns any real property.
Interests in Real Property. Worldwide Management does not own any item of real property.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!