No Properties Clause Samples

The "No Properties" clause establishes that no real or personal property is being transferred, leased, or otherwise dealt with under the agreement. In practice, this means that neither party is granting rights to, or assuming obligations regarding, any tangible or intangible assets such as land, buildings, equipment, or intellectual property. This clause serves to clarify the scope of the agreement, ensuring that all parties understand that property-related rights and responsibilities are excluded, thereby preventing misunderstandings or disputes over asset ownership or use.
No Properties the Company does not hold any earning from properties or rent in mainland China or other regions.
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No Properties. When the agreed-upon level of inventory is completed and no properties are present in the area of potential effect, the FS shall document a finding of “no historic properties affected”. Except as specified in Stipulations V.E.6 and E.7, the undertaking may proceed following approval of the inventory report by the Forest Archaeologist or other authorized FS professional cultural resource specialist and approval of the undertaking by the Forest Supervisor. Inventory documentation will be provided to the SHPO as follows: Arizona, annual listing; New Mexico, transmittal of inventory reports and associated documentation within 30 calendar days; Oklahoma, annual listing; and Texas, annual listing. This submittal schedule may be amended by written agreement between the FS and individual SHPOs. Such agreements once signed shall be appended to and made part of this Agreement and shall supercede the schedule detailed in this paragraph. Copies of the inventory reports will also be available for inspection by Indian tribes and by the public, consistent with the provisions of Section 304 of NHPA and Section 9 of ARPA
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No Properties. Excluding in all cases under the Interest Documents, save as fairly disclosed in the Disclosure Letter, the Company has no Properties, and, in relation to such Properties, save as fairly disclosed in the Disclosure Letter: (a) there are no mortgages or charges (legal or equitable, fixed or floating) or agreements for sale, estate contracts, options or contractual rights of pre-emption or first refusal affecting any of the Properties; (b) there are no outstanding notices, disputes, claims or orders received in writing in respect of the Properties nor, so far as the Seller is aware, are there any circumstances rendering any of the foregoing reasonably likely; and (c) all rent and other outgoings have been paid up-to-date and there are no outstanding liabilities for any rent, rates, taxes, charges or other sums due in respect of the Properties.
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No Properties. Neither BDAO nor BDAOG owns any interest in the BDA Properties or any other oil and gas properties; provided, that to the extent either entity holds record title to any Properties as nominee, the necessary assignments will be prepared as soon as practical after Closing and the executed assignments shall be delivered to the appropriate beneficial owner(s).
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No Properties. When the Heritage Professional identifies no eligible or unevaluated historic properties through review of existing identification information, or through new field inventories within the APE, the ANF shall document a finding of “No Historic Properties Affected.” The undertaking may proceed following approval of the inventory report by the Heritage Professional, notification to consulting parties, including The Shawnee Tribe, and approval of the undertaking by the Agency Official. Concurrence from the SHPO is not required prior to implementing the undertaking. These undertakings will be listed in the annual report. i. When the Heritage Professional identifies no known historic properties that exist in the APE following an intensive inventory, but uncertainty remains about the possible presence of historic properties because of observation limitations or information about presence of sites from the literature review or other sources (e.g., oral history), field inspection may be employed during the implementation of an undertaking if recommended by the Heritage Professional. The purpose is to ensure that unidentified historic properties, if present, are documented and subjected to appropriate management/mitigation. If any historic properties are identified, the provisions of Stipulation VII shall be followed.
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No Properties. No Effects (Page 10). Some undertakings may contain no historic properties, or the undertakings can be managed in such a way that heritage resource values are protected. This Agreement streamlines NHPA Section 106 review process when: · there are no heritage resources within an undertaking’s Areas of Potential Effects (APEs) or there are no National Register eligible properties within the APEs (pursuant to formal evaluation); · heritage resources have little or no potential to be affected by the undertaking; or · heritage resources will be protected through standard protection measures. The Agreement provides standard protection protocols and criteria for determining when the evaluation of heritage resources is not necessary or appropriate, and when to evaluate heritage resources for eligibility to the National Register of Historic Places.
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No Properties. There are not now, and will not on closing be, any Properties.
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Related to No Properties

  • Real Property (a) Except as would not, individually or in the aggregate, reasonably be expected to have a WWE Material Adverse Effect, WWE or one of the WWE Subsidiaries is the sole owner of each parcel of real property owned by WWE or its Subsidiaries (the “Owned Real Property”) and, subject to the Permitted Encumbrances, WWE or one of the WWE Subsidiaries has good and valid title and, to the knowledge of WWE, marketable title to the Owned Real Property, and the Owned Real Property is free and clear of any Encumbrance, except for Permitted Encumbrances. Section 3.10(a) of the WWE Disclosure Letter sets forth the address of each parcel of Owned Real Property that is material to the business of WWE and the WWE Subsidiaries, taken as a whole, as of the date of this Agreement and designates WWE or the applicable WWE Subsidiary that is the owner thereof. (b) Except as would not, individually or in the aggregate, reasonably be expected to have a WWE Material Adverse Effect, WWE or one of the WWE Subsidiaries holds a valid and existing leasehold interest in the real property that is leased, subleased, licensed, used, or otherwise occupied by WWE or such Subsidiary, as applicable, from another Person (the “Leased Real Property”), free and clear of all Encumbrances other than Permitted Encumbrances. Section 3.10(b) of the WWE Disclosure Letter sets forth each WWE Lease that is material to the business of WWE and its Subsidiaries, taken as a whole, as of the date of this Agreement and identifies the street address of the applicable Leased Real Property subject thereto. As of the date of this Agreement, neither WWE nor any WWE Subsidiary has received any written notice regarding any violation or breach or default under any WWE Lease that has not since been cured, except for violations or breaches that are not, individually or in the aggregate, reasonably expected to have a WWE Material Adverse Effect. (c) The Owned Real Property and the Leased Real Property collectively constitute all of the material real property necessary to operate the business of WWE as currently conducted in all respects material to the business of WWE and its Subsidiaries, taken as a whole. No casualty event has occurred with respect to any Owned Real Property or Leased Real Property that has not been remedied in all material respects, except as would not, individually or in the aggregate, reasonably be expected to have a WWE Material Adverse Effect. Except as would not, individually or in the aggregate, reasonably be expected to have a WWE Material Adverse Effect, no condemnation event is pending or, to the knowledge of WWE, threatened, with respect to any Owned Real Property or, to the knowledge of WWE, Leased Real Property.