Possession of the Property definition

Possession of the Property means, if the Company elects to acquire the Property, physical and undisputed occupancy and control of the Property at the time of acquisition.
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Possession of the Property means actual and physical occupancy and control of the Property.
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Possession of the Property means, if the Company elects to acquire the Property, physical and undisputed occupancy and control of the Property at the time of acquisition, or in the case of a Loan secured by Collateral, subject to the terms of the proprietary lease from the cooperative housing corporation.
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Examples of Possession of the Property in a sentence

  • Possession of the Property, subject only to rights of guests in possession and tenants pursuant to written leases included in the Leases, and estoppel certificates from tenants under Leases and the lessors under FF&E Leases in form and substance acceptable to Buyer.

  • Access to the Property for purposes of determining its value, and for investigating and/or adjusting the Claim; provided, however, if the Company elects the Acquisition Option, then Possession of the Property must be provided by the Insured, unless the Company waives this requirement in writing.

  • Possession of the Property, but only if the Company has required such Possession in writing.

  • Possession of the Property shall be delivered to Purchaser at the Closing, subject only to tenants in possession under the Leases.

  • Possession of the Property shall be delivered to Purchaser at closing, subject to the rights of the tenants under existing leases and rental agreements.

  • Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

  • Possession of the Property shall be delivered to Buyer upon the Closing.

  • Possession of the Property means, if the Company elects to acquire the Property, physical and undisputed occupancy and control of the Property at the time of acquisition, or in the case of a Loan secured by Collateral, subject to the terms of the proprietary lease from the cooperative housing corporation.

  • Possession of the Property shall be delivered to Buyer on the Closing Date.

  • Possession of the Property shall be granted by Seller to ---------- Purchaser on the date of Closing, subject only to the Lease and the Permitted Exceptions.


More Definitions of Possession of the Property

Possession of the Property means actual, physical and undisputed control of the Property, subject only to: (i) possessory or usage rights of third parties, if any, contemplated by the Insurance Application for the related Loan; or (ii) a Borrower’s unexpired right of redemption, if any.
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Related to Possession of the Property

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Leased Property shall have the meaning given such term in Section 2.1.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Possession means having a weapon on the student’s body or in an area under the student’s control. “Weapon” means any:

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • 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.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by the Collateral Agent.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • 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.

  • The Project Site, where applicable, means the place or places named in the SCC.

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

  • Abandoned property means personal property left by an owner who intentionally

  • Released Property shall have the meaning set forth in Section 2.9 hereof.

  • 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.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

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

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • Release Property has the meaning set forth in Section 2.5.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.