Enterprise Property definition

Enterprise Property means the Enterprise Owned Properties, the Enterprise Leased Properties, the Enterprise Sublease Properties, the Enterprise New Lease Properties and the Enterprise Leaseback Properties.
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Enterprise Property means the Enterprise Property together with all improvements and other assets real and personal located thereon.
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Examples of Enterprise Property in a sentence

  • They also provided that the loan or advance would be evidenced by a note that would be secured by a mortgage on the Enterprise Property.

  • Fifth Third then foreclosed on the Enterprise Property under the Danou Mortgage, rather than the API Mortgage.

  • API Properties executed a note in favor of Danou Technical for the full $8,250,000 on February 12, 2001; it also provided Danou Technical with a mortgage on the Enterprise Property (the API Note and the API Mortgage).

  • CONCLUSION The trial court erred when it determined that the API Note and Mortgage had continuing validity after API Properties transferred the Enterprise Property to Danou Technical.

  • SMD Estate then initiated foreclosure proceedings against the Enterprise Property—ostensibly to enforce a debt remaining under the API Note.In December 2009, Fifth Third sued Danou Technical and SMD Estate in order to quiet its title to the Enterprise Property and halt the foreclosure proceedings.

  • It would then transfer the subject property to Danou Technical “at a value equal to the Purchase Price ” In February 2001, Danou Technical also borrowed $5,250,000 from Old Kent Bank, which was the predecessor in interest to Fifth Third Bank (Fifth Third),1 to finance the purchase of the Enterprise Property.

  • The Issuer wrote off the exploration and evaluation assets of $99,363 relating to acquisition costs and exploration expenditures of the Enterprise Property.

  • API Properties then acquired the Enterprise Property with the money Fifth Third loaned to Danou Technical along with $3 million of Danou Technical’s own funds.

  • The agreement also provided that API Properties’ sole financial obligation would be to use the funds advanced to it to purchase the Enterprise Property.

  • Danou Technical found property on Enterprise Drive and Oakwood Boulevard in Allen Park (the Enterprise Property) that it determined would be suitable for the exchange.

Related to Enterprise Property

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • railway property means any railway belonging to Network Rail and—

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Operating Company has the meaning set forth in the preamble.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Condominium Corporation means a condominium or strata corporation established under provincial legislation.

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned by any Pledgor or represented by any Partnership Interest.

  • Residential property means improved property that:-

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Partnership has the meaning set forth in the Preamble.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Commercial real estate means real estate or an interest in real estate that is not any of the following:

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.