Controlled Properties definition

Controlled Properties means the real property set forth on Schedule 1.1D under the heading “Controlled Properties.”
Sample 1Sample 2Sample 3
Controlled Properties means, collectively, the properties listed as "controlled" on Schedule 1.1 hereto.
Sample 1Sample 2
Controlled Properties means the real property set forth on Schedule 1.1D under the heading “Controlled Properties.” “Controlled Software” means the Software set forth on Schedule 1.1E.
Sample 1

Examples of Controlled Properties in a sentence

  • If the Operating Partnership determines that the applicable Controlled Properties have both Economic Occupancy and Physical Occupancy consistent with or exceeding local market levels for self-storage and/or mini-warehouse facilities for such periods, then the Operating Partnership shall so notify the applicable Manager Parties pursuant to a written notice in accordance with the provisions of Section 8.4(b) below.

  • The sewer, water and utility services of the Controlled Properties are directly connected with sources or systems serving the general public, without traversing property owned by others, or, if not directly connected, valid perpetual recorded easements have been established for rights of way over intervening property.

  • The Controlled Owners hold the fee simple or leasehold estate in and to the Controlled Properties, for their own account, not as an agent or trustee for another party, and the Owned Properties are free and clear of all agreements, liens and encumbrances except those specifically set forth in Schedule B of the Lender's title insurance policies.

  • All taxes relating to the Controlled Properties, to the extent due, have been paid in full.

  • Borrowers have received no written notice and have no knowledge of any pending or proposed special or other assessments for public improvements affecting the Controlled Properties or any contemplated improvements to the Controlled Properties that may result in such special or other assessments, except for any increase in the assessed valuation of the Controlled Properties resulting from improvements to be made in the premises demised to tenants under Leases.

  • During the continuance of an Event of Default, Lender may instruct Borrowers to remove the property manager with respect to any or all of the Controlled Properties and to designate a replacement property manager acceptable to Lender and Borrowers shall so remove the property manager(s) and so designate replacement(s).

  • Borrowers will pay all Impositions and other prior charges and liens now or hereafter assessed or liened on or levied against the Controlled Properties or any part thereof or interest therein when and as the same become due and payable.

  • Without limitation of the foregoing, neither the Controlled Properties nor any part thereof constitute a nonconforming use under any Applicable Laws.

  • No unrestored fire or other casualty damage affects the Controlled Properties, and all insurance policies required by Section 6.03(a) are in full force and effect.

  • If after the date hereof the area in which the Controlled Properties are located is identified or designated as such an area, Borrowers will obtain and maintain insurance against damage or loss by flood on such basis and in such amounts as shall be required from time to time by Lender.

Related to Controlled Properties

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including without limitation cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Specified Property means property for which an election has been made for a special elective benefit.