Material Improvements. To Sellers’ Knowledge, there have been no improvements of a value in excess of $25,000 in the aggregate made to or constructed on any Owned Real Property or the Wilkesbarre Pier by Sellers within the applicable period for the filing of mechanics' liens under the laws of the jurisdictions in which the Owned Real Property and the Wilkesbarre Pier is located for which payment or provision thereof has not been made.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Capital Properties Inc /Ri/), Asset Purchase Agreement (Sprague Resources LP)