Common use of IN FEE SIMPLE Clause in Contracts

IN FEE SIMPLE. Except with respect to the Permitted Exceptions, Grantor covenants with Grantee that it will forever warrant and defend said title to the Premises against all lawful claims and encumbrances claiming by, through or under Grantor, but against none other. The conveyance of any minerals or water rights conveyed to Grantee herein is hereby made by Grantor purely by quitclaim and accepted by Grantee without any warranty by Grantor, either express or implied, without recourse against Grantor.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Plum Creek Timber Co Inc), Contribution Agreement (Plum Creek Timber Co Inc)

IN FEE SIMPLE. Except with respect to the Permitted Exceptions, Grantor covenants with Grantee that it will forever warrant and defend said title to the Premises against all lawful claims and encumbrances claiming by, through or under Grantor; provided, but against none other. The however, Grantor does not by this conveyance of warrant, nor will it defend, title to any minerals oil, gas or minerals, or water rights conveyed to Grantee herein is hereby made by Grantor purely by quitclaim and accepted by Grantee without any warranty by Grantoror water rights, either express on, in or implied, without recourse against Grantorunder the Property.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Plum Creek Timber Co Inc), Contribution Agreement (Plum Creek Timber Co Inc)