B&R Realty definition
B&R Realty means B&R Group Realty Holding LLC, a Delaware limited liability company.
B&R Realty means B&R Group Realty Holding LLC, a Delaware limited liability company. "B&R Real Estate Sale" means the acquisition by B&R from B&R Realty of 100% of the issued and outstanding Equity Interests of B & R Realty, LLC, a California limited liability company, Lucky Realty, LLC, a California limited liability company, Genstar Realty, LLC, a California limited liability company, ▇▇▇▇▇▇ Properties, LLC, a Utah limited liability company, Fortune Liberty, LLC, a Utah limited liability company, A & Kie, LLC, an Arizona limited liability company, Lenfa Food, LLC, a Colorado limited liability company, Big Sea Realty, LLC, a Washington limited liability company, and ▇▇▇▇▇▇. "B&R Real Estate Purchase Agreement" means that certain Membership Interest Purchase Agreement dated as of January 17, 2020 by and among B&R, B&R Realty, the Real Estate Borrowers, as in effect on the Effective Date. "B&R Real Estate Sale Documents" means the B&R Real Estate Purchase Agreement and all other material documents executed between or among B&R, B&R Realty, the other Loan Parties and their Affiliates in connection with the B&R Real Estate Sale. "B&R Realty Seller Note" means, that certain Unsecured Subordinated Promissory Note dated as of the Effective Date issued to B&R Realty by B&R with a ten year term in the initial principal amount of $7,000,000, as in effect on the Effective Date or as modified in accordance with the terms of the B&R Realty Subordination Agreement. "B&R Realty Subordination Agreement" means that certain Subordination and Intercreditor Agreement dated as of the Effective Date by and among B&R Realty, B&R and Administrative Agent. "Bail-In Action" means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEAAffected Financial Institution. "Bail-In Legislation" means, (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule. and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidatio...
B&R Realty means B&R Group Realty Holding LLC, a Delaware limited liability company. "B&R Realty Seller Note" means, that certain Unsecured Subordinated Promissory Note dated as of the Second Amendment and Restatement Date issued to B&R Realty by B&R with a ten year term in the initial principal amount of $7,000,000, as in effect on the Effective Date or as modified in accordance with the terms of the B&R Realty Subordination Agreement. "B&R Realty Subordination Agreement" means that certain Subordination and Intercreditor Agreement dated as of the Second Amendment and Restatement Date by and among B&R Realty, B&R and Administrative Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time. "Bail-In Action" means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an Affected Financial Institution. "Bail-In Legislation" means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). "Banking Services" means each and any of the following bank services provided to any Loan Party by any Lender or any of its Affiliates: (a) credit cards for commercial customers (including, without limitation, "commercial credit cards" and purchasing cards), (b) stored value cards, (c) merchant processing services, (d) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, return items, overdrafts, cash pooling services, and interstate depository network services), and (e)
Examples of B&R Realty in a sentence
Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of B&R Realty and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to the absence of footnotes.
The Loan Parties shall be responsible for the costs and expenses of any real property appraisals required pursuant to any applicable Requirement of Law, in addition to the real property appraisals conducted prior to the Effective Date of the real property of B&R Realty and its Subsidiaries.