Assumed Leased Real Property definition

Assumed Leased Real Property shall have the meaning set forth in Section 1.1(h).
Assumed Leased Real Property means those certain leases of real property related to the SellersBusiness locations that are subject to Assigned Contracts and that are identified in Schedule 2.1(b).

Examples of Assumed Leased Real Property in a sentence

  • To Seller’s Knowledge the Leases with respect to the Assumed Leased Real Property will continue to be legal, valid, binding, enforceable and in full force and effect on the same material terms immediately following the consummation of the transactions contemplated hereby.

  • Sellers will use reasonable commercial efforts to cooperate with Purchaser in obtaining from each of the Landlords on Assumed Leased Real Property an estoppel certificate substantially in the form of Exhibit I to this Agreement or in such substantively similar form as may be provided for under the particular Lease for the Assumed Leased Real Property (“Estoppel Certificate”).

  • To Sellers’ Knowledge, the Leases with respect to the Assumed Leased Real Property will continue to be legal, valid, binding, enforceable and in full force and effect on the same material terms immediately following the consummation of the transactions contemplated hereby.

  • Purchaser acknowledges that prior to the Agreement Date, it has had the opportunity to examine and investigate the Purchased Assets and the Assumed Leased Real Property to the extent permitted by Sellers.

  • Xxxxxxx Xxxxxxxx Schedule 2.1(a) Assumed Leased Real Property Company Party Other Party Conveyance Instrument Execution Date Expiration Date Columbia Properties Vicksburg, LLC City of Vicksburg Riverboat Property Lease 6/23/1993 6/23/2023 Columbia Properties Vicksburg, LLC City of Vicksburg Amended and Restated Master Agreement 10/22/2003 10/22/2023 Columbia Properties Vicksburg, LLC City of Vicksburg Master Agreement 1/23/1993 Columbia Properties Vicksburg, LLC Xxxxx X.

  • Schedule 3.7.1(b) delivered pursuant to Section 5.6.4, lists all Leased Real Property (other than the Assumed Leased Real Property) and the Leases by which Seller occupies such Leased Real Property.

  • Any Retained Contract that is designated as an Assumed Contract shall be an Acquired Asset, and any assets located at Assumed Leased Real Property shall be an Acquired Asset.

  • Seller has never received any written notice of any violation of any Environmental Laws with respect to the Portamedic Business or any Assumed Leased Real Property.

  • Nor has Seller received any written notice of any pending or threatened action by any Governmental Authority alleging Seller is not in compliance under any Environmental Law with respect to the Portamedic Business or the Assumed Leased Real Property.

  • Schedule 3.7.1(c) sets forth, with respect to each Assumed Leased Real Property, the lease term, rent payment and other lease terms as set forth on such Schedule (the “Lease Chart”).


More Definitions of Assumed Leased Real Property

Assumed Leased Real Property means the underlying Leased Real Property to the Assumed Real Property Leases.
Assumed Leased Real Property. Leased Real Property subject to an Assumed Contract.
Assumed Leased Real Property means those certain leases and/or subleases and other agreements listed on Schedule 2.1(a).

Related to Assumed Leased Real Property

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

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

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • 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.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

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

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • 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.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in the Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrances of the affected real property.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other 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.

  • Leased Real Estate means all real property that the Company or any of its Subsidiaries leases, subleases or otherwise uses or occupies, or has the right to use or occupy, pursuant to a Lease.

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

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

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Real Property Leases has the meaning set forth in Section 4.7(b).

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Material Real Property means any real property owned by any Loan Party with a fair market value in excess of $5,000,000.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • 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.