Asset-Related Property shall have the meaning assigned thereto in Section 2.1(b).
Asset-Related Property means the following:
Asset-Related Property means all of Seller’s right, title and interest in and to the following:
Examples of Asset-Related Property in a sentence
To the extent one or more Properties are excluded from this transaction pursuant to the immediately preceding sentence, such affected Property and the Asset-Related Property related thereto in this Agreement shall constitute “Excluded Assets” for purposes of this Agreement.
HISTORY AND IDENTITIESHistorical experiences were an important resource in identity construction.
The Land, the Hotel and the Asset-Related Property shall be referred to herein as the “Asset”.
To the extent one or more Properties are excluded from this transaction pursuant to the immediately preceding sentence, such affected Property shall be removed from the Assets to be sold hereunder, all references to such Property and the Asset-Related Property related thereto in this Agreement shall be deemed deleted and the Gross Asset Value shall be reduced by an amount equal to the Allocated Asset Value for each such affected Property.
In the event any Asset-Related Property is not assignable (such as a letter of credit that is not transferable), Sellers shall use commercially reasonable efforts after the Closing to provide Buyer, at no cost to Sellers, with the economic benefits of such property by enforcing such property (at Buyer’s direction) for the benefit and at the expense of Buyer.
More Definitions of Asset-Related Property
Asset-Related Property means any and all of the following which is owned or used by the Seller in connection with the Property:
Asset-Related Property means all of the Seller's right, title and interest (to the extent, by operation of law, the Sellers own such right title and interest), in and to (A) all easements, covenants and other rights appurtenant to said Property and all right, title and interest of the Seller, if any, in and to any land lying in the bed of any street, road, avenue or alley or any other right of way, open or closed, in front of or adjoining said Property, (B) all furniture, fixtures, equipment and other tangible personal property (except items owned or leased by tenants from third parties or which are leased by the Seller which are now, or may hereafter prior to the Closing Date be, placed in, attached to, situated in or upon such Property (collectively, with all additions and replacements thereof, the "Tangible Personal Property"), (C) to the extent they may be transferred under applicable law, all licenses, franchises, certifications, approvals, permits and authorizations presently issued in connection with the operation, ownership and maintenance of all or any part of the Property as it is presently being operated, (D) to the extent assignable, all warranties, if any, issued or assigned to the Seller by any manufacturer or contractor in connection with construction or installation of equipment or any component of the improvements included as part of the Property, (E) to the extent assignable, all service, supply and maintenance contracts including commitments therefor (if any) held by the Seller with respect to its Property, including, without limitation, those contracts listed on Schedule E attached hereto (collectively, the "Contracts"), (F) to the extent assignable by the Seller, all trade names, logos, designs, trademarks, service marks, copyrights and other general intangibles and intellectual property (including any computer software programs used in connection with tenant escalation xxxxxxxx and maintained at the Property) relating to the Property, including, without limitation, but limited, nonetheless, to the extent assignable and subject to the provisions of Paragraph 36 of the NCB Space Lease, the name "National City Center" (collectively, the "Intangible Personal Property") and (G) all leases, licenses, contracts and other agreements, to the extent transferable, for the use and occupancy of all or any part of the Property, including, without limitation, all of Sellers' and City Center LLC's interests, as lessor, in and to the NCB Space Lease (the "Space Leases") and...
Asset-Related Property means all of the applicable Seller’s right, title and interest in and to (i) the Improvements, (ii) the Leases, (iii) the Assumed Operating Agreements, (iv) the Personal Property, and (v) the Intangibles.
Asset-Related Property means, collectively, the Crown Ridge Asset-Related Property, the Canyon Springs Asset-Related Property, the Cascades I Asset-Related Property, the Cascades II Asset-Related Property, and the Cibolo Canyon Asset-Related Property.
Asset-Related Property means all of the Seller's right, title and interest in and to (A) all easements, covenants and other rights appurtenant to the Property and all right, title and interest of the Seller, if any, in and to any land lying in the bed of any street, road, avenue or alley, open or closed, in front of or adjoining the Property and to the center line thereof, (B) all furniture, fixtures, equipment and other personal property (except items owned or leased by tenants or which are leased by the Seller) which are now, or may hereafter prior to the Closing Date be, placed in or attached to the Property, (C) to the extent they may be transferred under applicable law, all licenses, permits and authorizations presently issued in connection with the operation of all or any part of the Property as it is presently being operated, (D) to the extent assignable, all warranties, if any, issued to the Seller by any manufacturer or contractor in connection with construction or installation of equipment or any component of the improvements included as part of the Property, (E) to the extent assignable, all service, supply and maintenance contracts (if any) held by the Seller with respect to the Property and its mechanical equipment, elevators and other elements, (F) to the extent assignable, all trade names and general intangibles relating to the Property and (G) all leases, licenses, contracts and other agreements, to the extent transferable, for the use and occupancy of all or any part of the Property and all security and escrow deposits held by the Seller in connection with any such leases, licenses, contracts and other agreements.
Asset-Related Property means all assets, properties and rights (including prepaid expenses) of every kind principally used or employed in connection with the Acquired Properties as of the Closing, whether known or unknown, fixed or unfixed, accrued, absolute, contingent or otherwise, and whether or not specifically referred to in this Agreement, including, but not limited to the following, but in each case, except for any Excluded Assets:
Asset-Related Property means (a) to the extent they may be transferred under Applicable Law without cost or consent of a third party, all licenses, permits and authorizations presently or hereafter issued to or for the benefit of Seller in connection with the operation or development of all or any part of the Property as it is presently being operated; (b) to the extent assignable under Applicable Law without cost or consent of a third party, all warranties and guaranties, if any, issued or assigned to Seller or any Affiliate of Seller or the Property Manager from any manufacturer, contractor, engineer or architect in connection with construction of any improvements or installation of equipment or any component of the improvements included as part of the Property; (c) the plans and specifications, engineering drawings and prints with respect to the improvements, all operating manuals, and all books, data and records regarding the physical components systems of the improvements at the Property, each to the extent in Seller’s possession (or reasonably obtainable by Seller); (d) all books and records, tenant files, tenant lists, tenant information and marketing information relating to the Property, each to the extent in Seller’s possession (or reasonably obtainable by Seller); and (e) to the extent assignable under Applicable Law without cost or consent of a third party, all other intangibles associated with the Property, including, without limitation, any websites, designs, trade names, building names, trademarks, copyrights and other intellectual property used exclusively with respect to the Property; but excluding any property rights specifically excluded under Section 1 of the Agreement.