Common use of Habendum Clause Clause in Contracts

Habendum Clause. The Property is conveyed to Trustees, and the Trustees' successors and assigns, to have and to hold forever in fee simple, but subject, however, to defeasance as described in Section 2.4 of this Deed of Trust.

Appears in 2 contracts

Sources: Indemnity Deed of Trust, Assignment of Leases and Rents and Security Agreement (Corporate Office Properties Trust), Indemnity Deed of Trust, Assignment of Leases and Rents and Security Agreement (Corporate Office Properties Trust)

Habendum Clause. The Property is conveyed to Trustees, and the Trustees' ’ successors and assigns, to have and to hold forever in fee simple, but subject, however, to defeasance as described in Section 2.4 of this Deed of Trust.

Appears in 1 contract

Sources: Indemnity Deed of Trust, Assignment of Leases and Rents and Security Agreement (Corporate Office Properties Trust)