Real Property and Fixtures Sample Clauses
The 'Real Property and Fixtures' clause defines what constitutes real property and distinguishes it from fixtures, which are items attached to the property that may be considered part of it. This clause typically clarifies whether certain items, such as built-in appliances, lighting, or equipment, are included in the sale or lease of the property. By specifying what is considered a fixture versus personal property, the clause helps prevent disputes over ownership and ensures both parties have a clear understanding of what is included in the transaction.
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Real Property and Fixtures. Set forth in Schedule VII hereto is (i) a complete and correct list of the street address (or other street/location designation) and county and state or similar jurisdiction of all owned real property located in the United States held by each Grantor, the record owner of such property and the reasonably estimated tax appraised value apportioned to such property as of the most recent appraisal date, (ii) a complete and correct list of each street address (or other street/location designation) and county and state or similar jurisdiction where each Grantor leases or subleases real property, the name and current mailing address of the lessor of such property and the scheduled date of expiration of the lease or sublease with respect to such property, and (iii) a complete and correct list of the location of any of the Collateral consisting of fixtures (to the extent not covered by any existing Mortgage).
Real Property and Fixtures. All right, title and interest of Seller, in and to the real property and improvements located in Frankfort, Indiana, as more fully described in the legal description appended hereto as Schedule 1.1(a)-4, and all fixtures to such real property and improvements (the “Real Property”);
Real Property and Fixtures. Any real property (including the plants of Seller located in Dillon, Montana and Phoenix, Arizona), real property leases or fixtures other than the Purchased Fixtures;
Real Property and Fixtures. Title to the real property upon which the ▇▇▇▇▇▇▇▇ Elementary School is located is currently vested in SAD 58 by virtue of deeds recorded in the Franklin County Registry of Deeds in Book , Page (see attached Exhibit 3). Subject to approval of this Agreement by the voters of the Town of Eustis, following the date of Eustis’ withdrawal, SAD 58 shall convey all of its rights to the real property described in these deeds to the New ▇▇▇▇▇▇ ▇▇▇ by quitclaim deed.
Real Property and Fixtures. (a) Schedule 4.10(a) (i) sets forth a true and complete list of all real properties which the Companies own, lease (including under "contrats de credit bail", use or have agreed or are obligated to purchase or sell or lease, which specifies in each case, if the concerned Company owns, leases, uses or has agreed or is obligated to purchase or sell or lease, such real property. The Companies have good and marketable title to all real properties shown in such Schedule as owned by them and good and transferable right to occupy and use all real estate shown in such Schedule as leased by them, in each case under valid and enforceable leases. Except as disclosed in Schedule 4.10 (a)(i), none of the real properties owned or leased by the Companies is subject to any Lien. Schedule 4.10(a)(ii) contains a true and complete copy of all leases pursuant to which the Companies lease real property as of the date hereof (including "contrats de credit bail") and any amendments thereof. The Companies are not in breach of or default (and no event has occurred which, with due notice of lapse of time or both, may constitute such a breach of default) under any such lease, and no party to any such lease has given the Companies written notice of or made a claim with respect to any breach or default, the consequences of which, individually or in the aggregate, might result in the termination of such lease. Except as set forth on Schedule 4.10(a)(iii), no consent to the consummation of the transactions contemplated by this Agreement is required from the lessor of any such real property. Except as set forth in Schedule 4.10(a) (iv), the real property and said fixtures used in their industrial and commercial activity are not subject to any contract that permits a third party to occupy the premises owned, leased or used by the Companies or that could materially restrict or limit the ability of the Companies to operate their activities as presently carried out.
(b) Except as stated in Schedule 4.10(b), all of the real property and attached fixtures (immeubles par destination) used by the Companies are in good working order and repair (reasonable wear and tear excepted) in conformity in all material respects with the laws and regulations applicable to them, in particular with respect to zoning, environment, safety and labor law. The electrical, water and gas installations conform in all material respects to existing legal requirements. All compliance costs associated with the items set f...
Real Property and Fixtures. (a) The Companies and the Subsidiaries have good title to or lease, under written leases, all of the real property and fixtures to such real property used in their industrial and commercial activity. Exhibit 2.10
(a) contains copies of all such leases including any amendments. The real property and said fixtures used in their industrial and commercial activity are not subject to any contract that permits a third party to occupy the premises used by the Companies or the Subsidiaries or that could materially restrict or limit their present use by the Companies or the Subsidiaries.
(b) To the best knowledge of the Seller and except as stated in Exhibit 2.10(b), all of the real property and attached fixtures used by the Companies and the Subsidiaries are in good working order and repair (reasonable wear and tear excepted) in conformity in all material respects with the laws and regulations applicable to them, in particular with respect to zoning, environment, safety and labor law. To the best knowledge of the Seller, the electrical, water and gas installations conform in all material respects to existing legal requirements.
(c) No decision has been notified in writing to the Companies or the Subsidiaries by a competent authority that has or will have the effect (i) of restricting or modifying the use of the real property or installations used by the Companies or the Subsidiaries or (ii) requiring material new investments. No decision has been published by a competent authority that has or will have the effect of (i) restricting or modifying the use of the real property or installations used by the Companies or the Subsidiaries or (ii) requiring material new investments before July 31, 1998.