Certain Real Property. Without affecting the obligations of the Borrower or any of the Restricted Subsidiaries under any of the Collateral Documents, in the event that the Borrower or any Restricted Subsidiary, at any time after the date hereof, whether directly or indirectly, acquires any interest in any real property, including any fee or other ownership interest in one or more properties with an aggregate cost in excess of $50,000, or any interest under one or more leases of real property for a term in excess of three years and involving aggregate average payments in excess of $100,000 per annum (each such interest, an "After Acquired Property"), the Borrower will, or will cause such Restricted Subsidiary to, as soon as practical provide written notice thereof to the Administrative Agent, setting forth with specificity a description of such After Acquired Property, the location of such After Acquired Property, any structures or improvements thereon and an appraisal or its good-faith estimate of the current value of such real property ("Current Value"). The Administrative Agent shall provide notice to the Borrower of whether the Required Lenders intend to cause the Borrower to grant and record a Mortgage on such After Acquired Property; provided that no new mortgage on such After Acquired Property shall be required if the costs that would be incurred as a result thereof are excessive in relation to the benefits conferred thereby in the reasonable judgment of the Administrative Agent and the Required Lenders; provided, further, that the amount secured by a new mortgage on After Acquired Property located in the State of New York or the State of Florida shall not exceed 125% of the purchase price of such After Acquired Property. In such event, the Borrower or such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Mortgage, together with such of the documents or instruments referred to in Section 4.01(g) and Section 4.01(h) as the Agents shall require. If, at any time, the aggregate cost to the Borrower and its Restricted Subsidiaries of each interest in real property (x) acquired by the Borrower or any Restricted Subsidiary, whether directly or indirectly, at any time after the Closing Date, at a cost equal to or less than $50,000, (y) at such time, owned directly or indirectly by the Borrower or any Restricted Subsidiary and (z) for which a mortgage in favor of the Trustee is not in effect (the "Aggregate Cost of Unmortgaged Property"), exceeds $500,0...
Certain Real Property. If the Closing occurs and thereafter ---------------------- for as long as the Lease shall not have expired or been terminated, no SFEC Entity will, and each SFEC Entity shall cause each SFEC Affiliate to not, without the prior written consent of Fund (which may be withheld by Fund in its sole discretion), own or acquire any interest in or lease (except pursuant to the Lease) any real property located within one mile of the then boundary of the Amusement Park in any direction, if such real property is used in connection with the Amusement Park, and otherwise within 500 yards of the boundary of the Amusement Park in any direction.
Certain Real Property. Matters - 1 *Schedule 3.12(a)(ii)..........................
Certain Real Property. (a) Seller Disclosure Schedule 3.20(a) contains a complete and correct list, as of the date of this Agreement, of all real property and interests in real property owned by the Company, Westside or Terra, other than the Oil and Gas Properties and Sales Lines (the “Owned Real Property” and together with the Properties, the “Non-Oil and Gas Properties”), setting forth information sufficient to identify such real property and the legal owner thereof. Except as set forth in Seller Disclosure Schedule 3.20(a), to the extent not constituting Leased Properties, each of the Company and Westside has fee simple title to the Owned Real Property, free and clear of any Encumbrances other than Permitted Encumbrances.
Certain Real Property. The Company does not directly own any --------------------- real property located in the State of Connecticut.
Certain Real Property. The (i) Great Lakes Customer Center, Flint, Michigan (other than the MLCG support space); (ii) the engineering building and administration building in Warren, Michigan; (iii) Lornx Xxxdware Shop; and (iv) any right, title or interest in the Leased Real Property as a lessor, sublessor or assignor.
Certain Real Property. The owned real property of Seller located adjacent to the Owned Real Property, as described in Schedule 1.2(d) (the "Retained Real Estate"), except to the extent of Buyer's interest therein under the New Lease Agreement;
Certain Real Property. The Company does not directly own any real property located in the State of Connecticut.
Certain Real Property. Without affecting the obligations of Holdings, the Borrower or any of the Material Subsidiaries under any of the Security Documents, the Borrower shall, or shall cause Holdings or any of the Material Subsidiaries to do the following:
Certain Real Property. The parties acknowledge and agree that the Purchaser and the Acquired Companies will have access to the real property set forth in Schedule 3.14(b) until July 6, 2008 or December 31, 2008, as applicable, and on such other terms and conditions contained in the Services Agreement with respect to such property, the form of which is set forth in Exhibit B.
