Consent Property definition

Consent Property means a Relevant Property in respect of which a Consent is required for the transfer of the Relevant Property to the Purchaser, relevant Business Purchaser or Target Company or the change of control of the tenant of a Relevant Property or (where applicable) to the grant of any underlease or other derivative interest in respect of a Purchaser Underlease Property or Seller Underlease Property as contemplated by this Agreement;
View Source
Consent Property means property contributed to the Partnership subsequent to the Closing Date of this Agreement pursuant to Section 4.08 of the Contribution Agreement.
View Source

Examples of Consent Property in a sentence

  • Notwithstanding anything to the contrary in this Section 7.19, the release of any Delayed Consent Property from the Borrowing Base pursuant to a Delayed Consent Properties Disposition shall only be subject to the satisfaction of the conditions set forth on Schedule V (including, without limitation, the requirement that there be greater than $25,000,000 in Availability required pursuant to Section 3(ii) of Schedule V).

  • The SHM Surviving Company (or one of its Affiliates) shall collect all revenues, pay all expenses and remit all income associated with the operation of such Delayed Consent Property in accordance with the terms of the Interim Operating Agreement.

  • Project C14-0429 | 12-2021 June 2021 The Corporation of the Township of Cramahe Durham Street South Rehabilitation Contract Administration Forms Letter of Consent Property Owner’s Release Substantial Performance Release of Claims Letter Completion Release of Claims Letter This is to confirm that The Corporation of the Township of Cramahe and its’ Contractor The Corporation of the Township of Cramahe and CIMA Canada Inc.

  • Any liability on the part of the tenant of the existing leases of each Existing Business Property which is also an Assignment Consent Property to pay rent, estate service charge, business rates and insurance prior to the Effective Date.

  • Any liability on the part of the tenant of the existing leases held by a Seller Group Company of each Existing Business Property which is also (i) a Leasehold Property and (ii) either a New Lease Property or a New Underlease Consent Property (but without prejudice to the obligations and Liabilities of the Purchaser pursuant to Schedule 8 and the terms of the New Leases and New Underleases).

  • The Non-Consenting Member shall have no liability for any assessment or billing issued by the Manager for the purpose of paying any expense or liability associated with the Non- Consent Property.

  • At any time after the Sun Closing, upon any Delayed Consent Credit Party obtaining the necessary consent from the applicable lessor or other third party to transfer the lease or other agreement with respect to the Delayed Consent Property of such Delayed Consent Credit Party, SHM II shall assign such Delayed Consent Credit Party to the Parent (through the Borrower and its Subsidiaries) in accordance with the Sun Acquisition Documents (each such acquisition, a “Delayed Consent Property Acquisition”).

  • The Borrower shall immediately upon the receipt by the Loan Parties of Net Cash Proceeds from the Disposition of the Land Sale Consent Property, prepay the Loans in an aggregate amount equal to 100% of such Net Cash Proceeds.

  • The Surviving Company shall collect all revenues, pay all expenses and remit all income associated with the operation of such Delayed Consent Property in accordance with the terms of the Interim Operating Agreement.

  • The closing of such Excluded Consent Property shall occur on the date which is ten (10) Business Days after the date either Buyer or the applicable Seller(s) notifies the other of the satisfaction of the conditions in Section 3.1(b).