Completed Property definition

Completed Property means property for which occupancy certificate has been received from the relevant authority;

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Completed Property any Operating Property (or phase of an Operating Property) that is Construction-in-Process until the completion of such Operating Property (or phase thereof) as evidenced by the issuance of a temporary or permanent certificate of occupancy (whichever occurs first) for such Operating Property or any phase thereof.

Completed Property means a Property for which Completion has occurred or will occur on the date of determination or on the respective Property Closing Date.

Examples of Completed Property in a sentence

Schedule 4.1 designates as to each such Unencumbered Pool Property, the owner of such Property (and whether such owner is a Qualified Venture) and whether such Unencumbered Pool Property is a Qualified Development Property, Newly Acquired Property, Recently Completed Property or Operating Property.
Schedule 4.1. is, as of the Agreement Date, a complete and correct listing of all Unencumbered Pool Properties owned or leased by the Loan Parties and the other Subsidiaries, setting forth, for each such Property, the current occupancy status of such Property and whether such Property is a Qualified Development Property, Newly Acquired Property, Recently Completed Property or Operating Property.
Pursuant to this Agreement and the Credit Agreement, the Loans will be made to the Lessor from time to time at the request of the Lessee for the purpose of providing funds to the Lessor to acquire one or more parcels of Land, and, if such Property is not a Completed Property, to construct the Improvements in accordance with the Plans and Specifications.
Pursuant to this Agreement and the Credit Agreement, the Loans will be made to the Lessor from time to time at the request of the Construction Agent in consideration for the Construction Agent's agreeing for the benefit of the Lessor, pursuant to the Agency Agreement, to assist with the acquisition by the Lessor of parcels of Land or other Property and, if such Property is not a Completed Property, to construct Improvements in accordance with the Plans and Specifications.
The Lessee may appear in any proceeding or action to negotiate, prosecute, adjust or appeal any claim for any award, compensation or insurance payment on account of any Casualty or Condemnation with respect to any Completed Property and shall pay all expenses thereof.

More Definitions of Completed Property

Completed Property means each of the: (i) Chattanooga Property; (ii) Lenexa Property; and (iii) Lubbock Property, and “Completed Properties” means the collective reference to all of the foregoing.

Completed Property means a Property that has achieved Construction Completion.

Completed Property means a Property acquired by the Lessor which contains Improvements that are suitable as of the Property Closing Date for occupancy by the Lessee and the operation by such Lessee of its business thereon.

Completed Property means property for which an occupancy certificate has been received, and “Developmental property” means a property which is under construction and for which an occupancy certificate has not been received.

Completed Property means any Property (a) that is an Improved Property or (b) with respect to which the Completion Date has occurred.

Completed Property means any Multifamily Property, for which a final certificate of occupancy has been issued by the appropriate Governmental Authority and is effective.

Completed Property means a Property on which the Improvements are in existence (and are not intended to be renovated) as of the Property Closing Date with respect thereto.