Common use of The Real Property Clause in Contracts

The Real Property. As used herein, the term “Real Property” shall include (a) the Land Parcels, (b) the Auburn Leasehold, (c) the Improvements, (d) all apparatus, equipment and appliances affixed to and used in connection with the operation or occupancy of any of the Land Parcels and/or any of the Improvements (such as heating, air conditioning or mechanical systems and facilities used to provide any utility services, refrigeration, ventilation, waste disposal or other services) and now or hereafter located on or in any of the Land Parcels or any of the Improvements, and (e) all of Transferor’s rights, privileges and easements appurtenant to or used in connection with any of the Land Parcels and/or any of the Improvements, including, without limitation, all minerals, oil, gas and other hydrocarbon substances, all development rights, air rights, water, water rights and water stock relating to any of the Land Parcels, all strips and gores, all of Transferor’s rights, titles and interests in and to any streets, alleys, easements, rights-of-way, public ways, or other rights of Transferor appurtenant, adjacent or connected to any of the Land Parcels; provided, however, that the Real Property applicable to the Auburn Leasehold shall be limited to Transferor’s right, title and interest in and to the Auburn Leasehold.

The Real Property. As used herein, the term “Real Property” shall include (a) the Land Parcels, (b) the Auburn Bel Air Leasehold, (c) the Improvements, (d) all apparatus, equipment and appliances affixed to and used in connection with the operation or occupancy of any of the Land Parcels and/or any of the Improvements (such as heating, air conditioning or mechanical systems and facilities used to provide any utility services, refrigeration, ventilation, waste disposal or other services) and now or hereafter located on or in any of the Land Parcels or any of the Improvements, and (e) all of Transferor’s rights, privileges and easements appurtenant to or used in connection with any of the Land Parcels and/or any of the Improvements, including, without limitation, all minerals, oil, gas and other hydrocarbon substances, all development rights, air rights, water, water rights and water stock relating to any of the Land Parcels, all strips and gores, all of Transferor’s rights, titles and interests in and to any streets, alleys, easements, rights-of-way, public ways, or other rights of Transferor appurtenant, adjacent or connected to any of the Land Parcels; provided, however, that the Real Property applicable to the Auburn Bel Air Leasehold shall be limited to Transferor’s right, title and interest in and to the Auburn Bel Air Leasehold.