ENCUMBRANCES AND RESTRICTIONS Sample Clauses

ENCUMBRANCES AND RESTRICTIONS. The Contractor shall not cause or permit any lien, attachment or other encumbrance by any third party to be placed on file or to remain on file in any public office or on file with the UNWTO against any monies due or to become due for any work done or services rendered in connection with this Contract, or by reason of any claim or demand against the Contractor.
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ENCUMBRANCES AND RESTRICTIONS. The Villa is located within a horizontal property regime and governed by the recorded condominium documents pertaining thereto in accordance with the Horizontal Property Act of the State of South Carolina. The Regime has been established for the purpose of operating and maintaining the common elements of the Property. Each Owner of a Villa is a co‑owner of the Regime and is subject to the Regime By‑Laws and Regime regulations thereof. As set forth in the Regime By‑Laws, the vote of each co‑owner is based on the ratio of the value of such co‑owner's villa(s) to the total value of all the villas comprising the Condominium. The affairs of the Regime are conducted by a Board of Directors as provided for in the applicable Regime By‑Laws. It is expressly understood and agreed that the Villa shall be conveyed subject to and Purchaser hereby subscribes to the recorded Master Deed creating the Regime (herein referred to as the “Master Deed”), and the Regime By‑Laws and to the Declaration of Covenants, Restrictions, and Affirmative Obligations applicable to all Class “B” Covenants for Multi‑ Family Residential Areas, declared by the Kiawah Island Company, Inc. (predecessor of Kiawah Resort Associates, LP), dated February 19, 1976, and recorded in the ROD Office, in Book T108, at page 340 and any recorded additions thereto made on or before the date of this Contract. The Villa shall also be conveyed subject to the recorded plat and plan of the Property. Purchaser hereby agrees to abide by the Covenants as a matter of contractual agreement with Kiawah Resort Associates, LP under this Contract, in addition to any and all compliances required as a matter of real property law. It is expressly understood and agreed by Purchaser that, by joining in and subscribing to the provisions of the Master Deed and the Regime By‑Laws, Purchaser shall be liable for the payment, as set forth in the aforesaid documents, of a proportionate share of periodic Regime Assessments. In addition, Purchaser shall, by owning the Villa, be liable for the payment of periodic assessments and service charges levied by public authorities, including, but not limited to, water and sewer assessments and service charges levied by Kiawah Island Utility, Inc. or any duly authorized Public Service District or other similar body. Fire and extended coverage insurance on the exterior of the Villa is provided by the Regime. If this Contract includes the sale of furnishings and equipment, Seller shall maintain, u...
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ENCUMBRANCES AND RESTRICTIONS. Seller shall convey marketable title to the property to Buyer in fee simple free from all liens, except restrictions of record (see EXHIBIT B) and those Buyer has agreed to assume. If Seller is unable to convey marketable title without a court action or incurring any unusual expenses or within thirty ('30) days after herein specified closing date, Buyer has the option of terminating this Agreement by giving written notice to the Seller.
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ENCUMBRANCES AND RESTRICTIONS. As of the Closing Date, other than (i) the Transactions and (ii) the First Lien Credit Agreement, dated as of June 14, 2007, by and among Golden Nugget, Inc., Wachovia Bank, National Association, and the other lenders party thereto (iii) the Second Lien Credit Agreement, dated as of June 14, 2007, by and among Golden Nugget, Inc., Wachovia Bank, National Association, and the other lenders party thereto and (iv) the Deed of Trust Note, dated as of May 10, 2000, payable to ▇▇▇▇▇▇▇ Realty Finance Corporation by Seawall Investments, LLC and assumed by Island Hospitality, Inc. as of March 14, 2003, there will be no encumbrances or restrictions on the ability of any Subsidiary of the Company (x) to pay dividends or make other distributions on such Subsidiary’s capital stock or to pay any indebtedness to the Company or any other Subsidiary of the Company, (y) to make loans or advances or pay any indebtedness to, or investments in, the Company or any other Subsidiary of the Company or (z) to transfer any of its property or assets to the Company or any other Subsidiary of the Company (other than Permitted Liens or provisions that restrict any such transfer).
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ENCUMBRANCES AND RESTRICTIONS. (a) None of the Owned Intellectual Property: (i) is subject to any Encumbrance; or (ii) is subject to any other agreement restricting its use by any Group Company (including any delimitation or co-existence agreement or agreement limiting use by territory, field, persons or as to time), other than as expressly set out in the Intellectual Property Agreements. (b) None of the Group Intellectual Property will be restricted as to its exploitation, or will be lost, terminated, or rendered liable to a right of termination, assignment or licence to a third party, by virtue of the execution of this agreement or the transaction effected by the Transaction Documents.
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ENCUMBRANCES AND RESTRICTIONS. Except as provided (i) in the Transaction Documents, (ii) the security documents and agreements related to the Credit Agreement, (iii) by Applicable Law and (iv) in the organizational or other governing documents of any Foreign Subsidiary, as of the Closing Date, there will be no encumbrances or restrictions on the ability of any Subsidiary of the Company (x) to pay dividends or make other distributions on such Subsidiary’s capital stock or to pay any indebtedness to the Company or any other Subsidiary of the Company, (y) to make loans or advances or pay any indebtedness to, or investments in, the Company or any other Subsidiary of the Company or (z) to transfer any of its property or assets to the Company or any other Subsidiary of the Company (other than pursuant to the Existing Credit Facility or Permitted Liens or provisions that restrict any such transfer).
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ENCUMBRANCES AND RESTRICTIONS. This Lease and the Premises are subject to all applicable building restrictions, planning and zoning ordinances, governmental rules and regulations, and all other encumbrances, restrictions and easements affecting the Premises and the terms and provisions of any declarations, reciprocal easement and operating agreements or other restrictions of record affecting the Premises, as well as all matters that can be disclosed by inspection or survey of the Premises.
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ENCUMBRANCES AND RESTRICTIONS. The Property and its use will be governed by certain restrictions as set forth in the Terms and Conditions. All lots are subject to a blanket easement in favor of Maui Electric Company, Limited and Hawaiian Telcom, Inc. Also, there are other easements and restrictions. Refer to Attachment 2 attached hereto for a schedule listing the matters specifically affecting each lot. FLOOD ZONE: Portions of the Property may be located in a 100-year flood inundation area, to which special design and construction requirements may apply. The remainder of the subdivision is in flood zone "X" (areas determined to be outside the 0.2% annual chance flood plain) under the County of Maui Zoning Ordinance. Flood development permits might be required in zones X and XS for any work done in streams, gulches, low-lying areas, or any type of drainage way. Flood development permits are required for work in all other zones.
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ENCUMBRANCES AND RESTRICTIONS. 9.2.1 The Properties are free from any mortgage, debenture, charge, rent charge lien or any other Encumbrance securing the repayment of monies or other obligation or liability of either the Company or any other party. 9.2.2 The Properties are not subject to any outgoings other than the general rates, water rates and insurance premiums and rent and service charges and the rent and service charges are paid up to the date hereof. 9.2.3 The Properties are not subject to any restrictive covenants, stipulations, easements, way-leaves, licences, grants, restrictions, over-riding interests or other such rights vested in third parties. 9.2.4 The leases of the leasehold properties contain no onerous covenants affecting freedom of alienation and no right on the part of any Landlord to terminate the Lease except in the event of default. 9.2.5 No Property is subject to any option, right of pre-emption or right of first refusal. 9.2.6 All the covenants restrictions and stipulations contained in any Lease demising or affecting any Property have been observed and performed and the Vendors are not aware of any circumstance whereby the Landlord could serve a notice on the Tenant under any such Lease and further each Landlord has performed his or its covenants and obligations pursuant to the relevant lease by which the relevant Property was demised.
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Related to ENCUMBRANCES AND RESTRICTIONS

  • Rights and Restrictions The Restricted Share Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Share Units and delivery of the Shares to the Employee following his termination of employment, the Employee shall not have any rights or privileges of a shareholder as to the Shares subject to the Award. Specifically, the Employee shall not have the right to receive dividends or the right to vote such Shares prior to vesting of the Award and delivery of the Shares.

  • Deed Restrictions The Recipient shall record the Deed Restrictions together with the deed. The Recipient agrees that the Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, at the Director's sole and absolute discretion, who shall have full enforcement authority with respect to the Deed Restrictions. If any amendment, release, extinguishment or other modification of the Deed Restrictions should occur without the prior written approval of the Director, the Recipient or its successors and assigns as owner of the Land or interest therein, shall pay to the OPWC upon demand from the Director the following: 1) all grant funds disbursed under this Agreement; and 2) liquidated damages equal to one hundred percent (100%) of the Funds disbursed by the OPWC for the Project together with interest accruing at a rate equal to six percent (6%) per annum from the date of Recipient's receipt of the grant.

  • Limitations and Restrictions Deduction of Rollovers and Transfers – A deduction is not allowed for rollover or transfer contributions.

  • Prohibitions and Restrictions The provisions of this Agreement shall not in any way limit the right of either Contracting Party to apply prohibitions or restrictions of any kind or take any other action which is directed to the protection of its essential security interests, or to the protection of public health or the prevention of diseases and pests in animals or plants.

  • Permitted License Uses and Restrictions A. Subject to the terms and conditions of this License, you are granted a limited non-exclusive license to use the tvOS Software on a single Apple-branded Apple TV. You agree not to install, use or run the tvOS Software on any non-Apple-branded device, or to enable others to do so. Except as permitted in Section 2B below, and unless as provided in a separate agreement between you and Apple, this License does not allow the tvOS Software to exist on more than one Apple-branded Apple TV at a time, and you may not distribute or make the tvOS Software available over a network where it could be used by multiple devices at the same time. This License does not grant you any rights to use Apple proprietary interfaces and other intellectual property in the design, development, manufacture, licensing or distribution of third party devices and accessories, or third party software applications, for use with the Apple TV. Some of those rights are available under separate licenses from Apple. For more information on developing software applications or third party devices and accessories for Apple TV, please visit https:// ▇▇▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/. B. Subject to the terms and conditions of this License, you are granted a limited non-exclusive license to download tvOS Software Updates that may be made available by Apple for your model of Apple TV to update or restore the software on any such Apple TV that you own or control. This License does not allow you to update or restore any Apple TV that you do not control or own, and you may not distribute or make the tvOS Software Updates available over a network where they could be used by multiple devices or multiple computers at the same time. C. You may not, and you agree not to or enable others to, copy (except as expressly permitted by this License), decompile, reverse engineer, disassemble, attempt to derive the source code of, decrypt, modify, or create derivative works of the tvOS Software or any services provided by the tvOS Software or any part thereof (except as and only to the extent any foregoing restriction is prohibited by applicable law or by licensing terms governing use of open-source components that may be included with the tvOS Software). D. The tvOS Software may be used to reproduce materials so long as such use is limited to reproduction of non-copyrighted materials, materials in which you own the copyright, or materials you are authorized or legally permitted to reproduce. Title and intellectual property rights in and to any content displayed by, stored on or accessed through your Apple TV belongs to the respective content owner. Such content may be protected by copyright or other intellectual property laws and treaties, and may be subject to terms of use of the third party providing such content. Except as otherwise provided herein, this License does not grant you any rights to use such content nor does it guarantee that such content will continue to be available to you. E. You agree to use the tvOS Software and the Services (as defined in Section 5 below) in compliance with all applicable laws, including local laws of the country or region in which you reside or in which you download or use the tvOS Software and Services. Features of the tvOS Software and the Services may not be available in all languages or regions and some features may vary by region. F. Use of the App Store requires a unique user name and password combination, known as an Apple ID. An Apple ID is also required to access app updates and certain features of the tvOS Software and Services. You acknowledge that some features and Services of the tvOS Software transmit data and could impact charges to your internet data plan, and that you are responsible for any such charges. The quality of the display of streaming movies or other content can vary from device to device and can be affected by a variety of factors, such as your location, TV display, content provider, and available bandwidth or speed of your Internet connection. G. The tvOS Software will periodically check with Apple for updates to the tvOS Software, Aerial screensaver and apps installed on your Apple TV. If an update is available, the update will automatically download and install onto your Apple TV. By using the tvOS Software, you agree that Apple may download and install such automatic updates onto your Apple TV. You can turn off automatic updates to the tvOS Software, Aerial screensaver and apps at any time from within Settings.