Amarillo Owned Real Property definition

Amarillo Owned Real Property means all of the real property located at “300 Xxxxx Xxxxxx, Xxxxxxxx, Texas 79101” and further described in Section 4.10(a) of the Disclosure Schedules.
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Examples of Amarillo Owned Real Property in a sentence

  • Once prepared, the Survey description will replace the legal description of the Amarillo Owned Real Property set forth in Section 4.10(a) of the Disclosure Schedules.

  • Within ten (10) calendar days after execution of this Agreement, Seller shall apply to First American Title Insurance Company (the “Title Company”) for a title commitment (the “Title Commitment”) in an amount reasonably satisfactory to Buyer and Seller that shall constitute the commitment of such company to insure the title to the Amarillo Owned Real Property in the name of Buyer, and shall have ordered a search of filings under the Texas Uniform Commercial Code (the “UCC Search”).

  • Title to the Amarillo Owned Real Property shall be marketable and insurable and shall be free and clear of all Encumbrances other than Permitted Encumbrances.

  • Within thirty (30) calendar days after execution of this Agreement, Seller shall cause an as-built survey of the each parcel of the Amarillo Owned Real Property (the “Survey”), to be prepared by a licensed surveyor reasonably acceptable to Buyer.

  • Title to the Amarillo Owned Real Property shall be conveyed by a Special Warranty Deed in the form and substance satisfactory to Buyer and Seller (each, a “Deed”).

Related to Amarillo Owned Real Property

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

  • Company Owned Real Property shall have the meaning set forth in Section 3.15(a).

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • 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.

  • Material Owned Real Property means any Mine or other real property, in each case, owned or acquired in fee by any Loan Party having a fair market value in excess of $1,000,000.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

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

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

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • Material Leased Real Property shall have the meaning assigned to such term in Section 5.10(b).

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • 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.

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Residential property means improved property that:-

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Woman owned business means a woman owned business that is a continuing, independent, for profit business which performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one or more women; or, in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned and controlled by one (1) or more women and whose management and daily business operations are under the control of one (1) or more women.