Contributed Real Property definition
Examples of Contributed Real Property in a sentence
Each Indemnitor shall indemnify, defend and hold harmless the Indemnitees, from and against any Losses incurred by an Indemnitee arising out of any asbestos, polychlorinated biphenyl, or radioactive materials present at Closing at any of such Indemnitor’s Contributed Leased Real Property or Contributed Real Property.
For these purposes a “Relevant Contributed Real Property Lease” is a lease of Contributed Leased Real Property under which, when aggregated with the rental and ancillary payments on an aggregate annual basis or, as applicable, the deposit paid, on other leases of Contributed Leased Real Property at the same location or in the same building, the rental and ancillary payments on an aggregate annual basis or the deposit paid exceed ¥100,000,000.
The MUS Contributed Real Property and all uses of, and developments on, the MUS Contributed Real Property comply with all Applicable Law in all material respects.
Such Party’s Disclosure Letter sets forth a true, accurate and complete list of all such Party’s Relevant Contributed Real Property Leases (including the address of each Contributed Leased Real Property leased thereunder).
Except as set forth in MUFG’s Disclosure Letter, there is no pollution or contamination of the environment on, in, at, under or migrating to or from any MUS Contributed Real Property with respect to asbestos, polychlorinated biphenyl, or radioactive materials at any MUS Contributed Real Property.
No Person has or has asserted any Lien, option, right of pre-emption or other similar interest (including any arising under Applicable Law) in or over any MUS Contributed Real Property or any relevant documents, other than Permitted Liens.
MUS has good and marketable title to each piece of MUS Contributed Real Property and all original documents necessary to evidence or prove such title are in the possession or under the control of MUS.
Micron has not agreed to encumber any portion of the Contributed Real Property.
No prior options or rights of first refusal have been granted by Micron to any third parties to purchase or lease any interest in the Contributed Real Property, or any part thereof, which are effective as of the date hereof.
Micron has received no notice of any pending or, to the knowledge of Micron, threatened or contemplated action by any Governmental Entity having the power of eminent domain, which reasonably should be expected to result in any part of the Contributed Real Property being taken by condemnation or conveyed in lieu thereof.