Encumbrances of Record Sample Clauses

The "Encumbrances of Record" clause defines which existing legal claims, liens, easements, or other restrictions on a property are officially recognized and accepted as part of a transaction. In practice, this clause typically lists or references all encumbrances that have been recorded in public records, such as utility easements, mortgages, or restrictive covenants, and clarifies that the buyer will take ownership of the property subject to these existing conditions. Its core function is to ensure transparency and allocate risk by making clear which encumbrances the buyer must accept, thereby preventing disputes over undisclosed property restrictions after the transaction.
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Encumbrances of Record. The Property is conveyed subject to all easements, covenants, conditions, restrictions, and other encumbrances of record and those revealed by inspection of the Property.
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Encumbrances of Record. PVR would relinquish the following BLM-authorized lease and rights-of-way on the Federal land prior to conveyance:
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Encumbrances of Record. Enter the balance, terms of payment and the lender on each trust deed of record.
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Encumbrances of Record. Tenant acknowledges that the Property is subject to various encumbrances and other matters of record, all of which Tenant leases subject to. Additionally, Ordinance No. 1688, as a condition to issuance of the Cannabis Permit, requires Tenant to enter into a development agreement with the City (the "Development Agreement'). Tenant will comply with all terms, covenants and conditions of the Development Agreement pertaining to retailer non-storefront operations at the Property during the Lease Term.
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Encumbrances of Record. All other covenants, conditions, restrictions, reservations, rights, rights-of-way and easements of record and apparent. GRANTOR: WESTMINSTER MALL, LLC, a Delaware limited liability company By: Name: Its: STATE OF CALIFORNIA COUNTY OF ___________________ On __________________, ____, before me, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. ________________________________________ Signature Westminster Mall, LLC (“Seller”) is a disregarded entity as defined in Treasury Regulation Section 1.1445-2(b)(2)(iii). Washington Prime Group, L.P., as the sole member of Seller, is treated as the transferor for U.S. tax purposes (“Transferor”). For the purpose of this affidavit, the Transferor is not a disregarded entity as defined in Treasury Regulation Section 1.1445-2(b)(2)(iii). To inform _________________________ (the “Transferee”) that withholding of tax is not required upon the disposition of a U.S. real property interest by Seller, Transferor hereby certifies to Transferee, as follows: 1. Transferor is not a foreign person, foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Code and Treasury Regulations promulgated thereunder); 2. The U.S. employer identification number of Transferor is __-_______; 3. Transferor’s office address is ___________________________;
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Related to Encumbrances of Record

  • Notices of Record Date In the event of any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend (other than a cash dividend which is the same as cash dividends paid in previous quarters) or other distribution, the Company shall mail to the Holder, at least ten (10) days prior to the date specified herein, a notice specifying the date on which any such record is to be taken for the purpose of such dividend or distribution.

  • Notices of Record Date, etc In case: (a) the Company shall take a record of the holders of its Common Stock (or other securities at the time receivable upon the exercise of the Warrant) for the purpose of entitling them to receive any dividend (other than a cash dividend) or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities, or to receive any other right; or (b) of any capital reorganization of the Company (other than a stock split or reverse stock split), any reclassification of the capital stock of the Company, any consolidation or merger of the Company with or into another corporation (other than a merger for purposes of change of domicile) or any conveyance of all or substantially all of the assets of the Company to another corporation; or (c) of any voluntary or involuntary dissolution, liquidation or winding-up of the Company, then, and in each such case, the Company shall mail or cause to be mailed to each holder of the Warrant at the time outstanding a notice specifying, as the case may be, (i) the date on which a record is to be taken for the purpose of such dividend, distribution or right, and stating the amount and character of such dividend, distribution or right, or (ii) the date on which such reorganization, reclassification, consolidation, merger, conveyance, dissolution, liquidation or winding-up is to take place, and the time, if any, is to be fixed, as to which the holders of record of Common Stock (or such other securities at the time receivable upon the exercise of the Warrant) shall be entitled to exchange their shares of Common Stock (or such other securities) for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, conveyance, dissolution, liquidation or winding-up. Such notice shall be mailed at least twenty (20) days prior to the date therein specified and the Warrant may be exercised prior to said date during the term of the Warrant no later than five (5) days prior to said date.

  • Owner of Record The Seller is the owner of record of each Mortgage and the indebtedness evidenced by each Mortgage Note, except for the Assignments of Mortgage which have been sent for recording, and upon recordation the Seller will be the owner of record of each Mortgage and the indebtedness evidenced by each Mortgage Note, and upon the sale of the Mortgage Loans to the Purchaser, the Seller will retain the Mortgage Files with respect thereto in trust only for the purpose of servicing and supervising the servicing of each Mortgage Loan;

  • Importer of Record If any Goods are imported, Seller shall when possible allow AGILENT to be the importer of record, unless otherwise specified or approved by AGILENT. If AGILENT is not the importer of record and Seller obtains duty drawback rights to the Goods, Seller shall furnish to AGILENT, upon request, information and documentation required by the customs authorities of the country of receipt to prove importation and to transfer duty drawback rights to AGILENT.

  • Places of Business and Locations of Records The principal places of business and chief executive office of such Seller Party and the offices where it keeps all of its Records are located at the address(es) listed on Exhibit III or such other locations of which the Agent has been notified in accordance with Section 7.2(a) in jurisdictions where all action required by Section 14.4(a) has been taken and completed. Seller's Federal Employer Identification Number is correctly set forth on Exhibit III.