Dallas Property Sample Clauses

Dallas Property. During the Interim Operating Period, FAREISI and NEWCO shall, subject to the terms of the Operating Agreement as incorporated into the Interim Operating Agreement, use their best efforts to document the relationship that FAREISI will have with NEWCO from and after the Effective Time in respect of that certain real property owned by FAREISI and located at 0000 Xxxxxxxx Xxxxxxx, Xxxxxx, Xxxxx (the "Dallas Property"), which relationship shall require FAREISI (i) to sublease to NEWCO that space currently utilized in connection with the FAREISI Business and (ii) to make available to NEWCO certain tenant improvements at the Dallas Property, which tenant improvements shall be paid for on a monthly basis over a ten-year period.
AutoNDA by SimpleDocs
Dallas Property. Bank consents to, and agrees that upon a sale of the Dallas Property it will release its Lien thereon, provided the sale price received by USVO for such Property is at least $1,000,000 and Bank receives (i) the entire cash payment of the purchase price therefor, (ii) endorsements or assignments (in form and substance satisfactory to Bank) of all instruments evidencing the obligation to pay any unpaid portion of the purchase price therefor, (iii) assignments (in form and substance satisfactory to Bank) of any and all Liens securing such payment, and (iv) any and all other instruments and documents (in form and substance satisfactory to Bank) deemed necessary or advisable by Bank in connection therewith. The proceeds of such sale shall be applied in accordance with Section 2.09(B) hereof.
Dallas Property. 7.11 Damages ......................................................... 11.2

Related to Dallas Property

  • B8 Property B8.1 Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Property or Properties As the context requires, any, or all, respectively, of the Real Property acquired by the Company, either directly or indirectly (whether through joint venture arrangements or other partnership or investment interests).

  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.

  • Real Estate Assets In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Collateral Agent shall have received from Borrower and each applicable Guarantor:

  • HUSBAND’S PROPERTY It is declared by the Couple that, under this Agreement, the Husband shall be the owner of the following assets and property: (continued on Attachment C if required, incorporated herein by reference)

  • Real Property; Assets (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • WIFE’S PROPERTY It is declared by the Couple that, under this Agreement, the Wife shall be the owner of the following assets and property: (continued on Attachment D if required, incorporated herein by reference)

  • Oil and Gas Properties The Borrower will and will cause each Subsidiary to, at its own expense, do or cause to be done all things reasonably necessary to preserve and keep in good repair, working order and efficiency all of its Oil and Gas Properties and other material Properties including, without limitation, all equipment, machinery and facilities, and from time to time will make all the reasonably necessary repairs, renewals and replacements so that at all times the state and condition of its Oil and Gas Properties and other material Properties will be fully preserved and maintained, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts. The Borrower will and will cause each Subsidiary to promptly: (i) pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties, (ii) perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties, (iii) cause each Subsidiary to do all other things necessary to keep unimpaired, except for Liens described in Section 9.02, its rights with respect to its Oil and Gas Properties and other material Properties and prevent any forfeiture thereof or a default thereunder, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts and except for dispositions permitted by Sections 9.16 and 9.17. The Borrower will and will cause each Subsidiary to operate its Oil and Gas Properties and other material Properties or cause or make reasonable and customary efforts to cause such Oil and Gas Properties and other material Properties to be operated in a safe, careful, and efficient manner in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance in all material respects with all Governmental Requirements, including the Environmental Laws.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

Time is Money Join Law Insider Premium to draft better contracts faster.