Description of the Properties Sample Clauses

Description of the Properties. In a Building intended for mixed purposes with activities and offices, known as “Le Capella”, located in CLICHY LA GARENNE (92), “ZAC des Terrains Citroën” (also known as “Espace Clichy), lot A5 in the ZAC1 and more particularly at ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (postal address): • Outside: exclusive enjoyment of the part of the access courtyard, covering a surface area of approximately 100 square meters and which shall contain at least three parking spaces, with two spaces for disabled persons, featured under the green box in the drawing mentioned below and hereto appended. 1 Translator’s note: “ZAC” is a mixed development zone in France. • In the basement: Nineteen (19) parking spaces, including one controlled parking space no. 37 to 46, 81 to 89 • On the first floor of stairwell B: ESPACE 1, to be used for activities with corresponding washroom facilities • On the second floor of stairwell B: ESPACES 1 and 1, to be used for activities, with stair landing and corresponding washroom facilities These premises on the first and second floor, covering a “usable floor area” of approximately 1,934 square meters for a “Lease Surface Area” of 1,994 square meters, are outlined in the yellow box in drawings nos. 3B and 4B dated 1 March 2001 and that are mentioned above and hereto appended. Lessor and authorized personnel shall have access to common premises and technical facilities even if located in the spaces leased.

Description of the Properties. The Properties which are the subject of this Agreement consist of the following: (a) All of the real property owned by the applicable Sellers and referenced on Schedule A as the Properties, together with all of the applicable Sellers’ rights, title and interests in and to all buildings, structures, fixtures, easements, rights of way and improvements thereon (collectively, the “Real Property”). (b) All of the applicable Sellers’ tangible personal property related thereto and used in connection with the operation of the applicable Sellers’ self-storage business at such Properties, including supplies, inventory, vehicles, machinery, equipment, furniture and trade fixtures, computers and related hardware (the “Personal Property”), it being understood that Personal Property consisting of retail goods for sale and merchandise inventory shall be sold to Purchaser for the Inventory Cost as provided in Sections 3.1 and 3.17. (c) All of the rights, title and interests of the applicable Sellers in any intangible personal property related to the Real Property, including (i) Property

Description of the Properties. 10.1 The Purchaser shall be deemed to have accepted the description of the Properties (including but not limited to its title particulars, area and measurements) as described in the Proclamation of Sale and such other documents offered by the Assignee prior to the Auction as the correct and valid description of the Properties. 10.2 Any error, misstatement, omission or misdescription of the Properties in the Proclamation of Sale and the documents referred to in Clause 10.1 above shall not annul the sale, nor shall any compensation be allowed therefor to the Purchaser or any other party. 10.3 The Properties is sold: - (a) in its present state and condition on an “as-is-where-is” basis, for the avoidance of doubt, the Assignee shall not be in any way responsible for any encumbrance lodged against the Properties on or at any time after the date of the Auction. Accordingly, should there be any encumbrance (including but not limited to caveats and prohibitory orders) lodged against the Properties during such period, the Purchaser shall be solely responsible to remove or procure the removal of such encumbrance at the Purchaser’s sole cost and expense. Further, the Purchaser shall not be entitled to terminate the sale of the Properties as a result of the lodgment of such encumbrance; (b) without vacant possession; (c) subject to all conditions of title whether express or implied and restrictions-in-interest; (d) subject to all restrictive or other covenants, easements, rights and interests and the existing category of land use affecting the Properties; (e) subject to: - (i) all schemes or proposed schemes affecting the Properties by any Governmental Authorities; and (ii) all matters, notices, charges and claims affecting the Properties. The Purchaser shall be deemed to have purchased the Properties with full knowledge and notice of all such schemes or proposed schemes including any layout plans, matters, notices, charges and claims which shall be complied with and discharged by the Purchaser who shall not be entitled to make or raise any objection or requisition whatsoever in respect thereof; and (f) notwithstanding any other provision contained herein, subject to the Assignee making no representation or warranty of any kind whatsoever either express or implied including without limitation as to description, certificate of fitness, tenancy, quality, conditions, restrictions in interest, measurements, area, land acquisition, payment of rates and other outgoings, su...

Description of the Properties. The Properties, as further described on Schedule A hereto, shall include all of the rights, title and interest of Seller to the Properties, together with all of Seller’s right, title and interest in and to all buildings, structures, fixtures, parking areas, easements, rights-of-way and improvements on the Properties included in the Properties, including without limitation all of Seller’s personal and other property related to or located on the Properties and used or useful in the operation of Seller’s self-storage business at the location of the Properties, such as (i) tangible personal property (i.e., supplies, vehicles, machinery, equipment, furniture and trade fixtures, computers and related hardware and software), (ii) agreements, contracts, subcontracts, warranties, guarantees, or other similar arrangements or rights thereunder, (iii) franchises, approvals, consents, permits, licenses, orders, registrations, certificates, certificates of occupancy, exemptions and similar rights obtained from governments or agencies or any other written authorizations necessary for the use or ownership of the Properties, (iv) all right, title and interest, if any, of Seller in and to any land lying in the bed of any street, road or avenue opened or proposed in front of or adjoining the Properties to the center line thereof, and all right, title and interest of Seller in and to any award or payment made, or to be made (x) for any taking in condemnation, eminent domain or agreement in lieu thereof of land adjoining all or any part of the Properties; (y) for damage to the Properties or any part thereof by reason of change of grade or closing of any such street, road, highway or avenue; and (z) for any taking in condemnation or eminent domain of any part of the Properties, (v) leases, subleases, licenses and other occupancy agreements and all other rights thereunder, including, subject to any prorations pursuant to Article 7 hereof, rents and other profits, (vi) claims, deposits, refunds, causes of action and rights of recovery, and, subject to any prorations pursuant to Article 7 hereof, prepayments and deferred items (vii) accounts, accounts receivable, reserve funds, notes, and other receivables, (viii) telephone numbers, books, records, ledgers, files, documents, correspondence and lists, (ix) drawings and specifications, architectural plans, advertising and promotional materials, studies, reports, (x) intangibles including trade or business names, logos, trademarks, g...

Description of the Properties