Excluded Permits definition

Excluded Permits means, with respect to each Property, those Permits which, under applicable law, are nontransferable.

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Excluded Permits means those Permits which, under applicable law, are nontransferable and such other Permits, if any, as may be designated as Excluded Permits on Schedule 1.1.20.

Excluded Permits means those Permits which, under applicable law, are nontransferable and such other Permits as may be designated as Excluded Permits on Exhibit 1.1.5, if any, attached hereto.

Examples of Excluded Permits in a sentence

• Fees paid or payable for Permits (other than Excluded Permits) shall be prorated as of the Cut-off Time.

• Fees paid for Permits (other than Excluded Permits) shall be apportioned between the parties to the extent such Permits are assignable.

• Seller shall cause Manager to leave at the Hotel all Permits other than Excluded Permits; the Hotel Contracts to the extent assigned to and assumed by Purchaser pursuant to the General Assignment; books and records with respect to the Hotel, and the Bookings and reservation lists and all other assets comprising the Property.

• Following receipt of such supplemented or amended Schedules of the Citadel Parties, Buyer and Parent shall provide, prior to or at Closing, an updated schedule of Assumed Business Contracts, Excluded Business Contracts (provided that Buyer and Parent may not amend such schedules to cause any of the customer contracts currently identified on Schedule 4.3 to be Excluded Contracts), Assumed Permits, Excluded Permits and Excluded Assets.

• The Real Property; (ii) the Fixtures and Tangible Personal Property; (iii) the Operating Equipment and Supplies; (iv) the Consumables; (v) the Hotel Contracts, the Documents, the Space Leases, the Miscellaneous Hotel Assets and the Permits (other than Excluded Permits); (vi) the Inventory; (vii) the Bookings; (viii) the Deposits; (ix) the Accounts Receivable; and (x) Cash-On-Hand or Account Cash; provided, however, that Property shall not include the Excluded Assets.

More Definitions of Excluded Permits

Excluded Permits means the permits, licenses, franchises, approvals and authorizations of Seller by Governmental Authorities that relate to the Excluded Property.

Excluded Permits means those Permits which, under applicable law, are nontransferable and such other Permits, if any, as may be designated as Excluded Permits on Schedule 1.1.18.

Excluded Permits has the meaning set forth in Section 2.02(a)(ix).

Excluded Permits means all Permits to which the Seller is a party that are not included in the Acquired Permits, including all Permits that relate to any Excluded Asset or any Excluded Business and the Permits listed on Schedule 1.51 hereto.

Excluded Permits. Those permits and licenses required for the ownership and operation of the Hotel which, under applicable law, are nontransferable.

Excluded Permits means (i) the non-transferable permits and licenses held by Seller or Operating Tenant in connection with the Hotel and those licenses, certificates and permits held by Seller that are not exclusively used in or relate to the ownership, occupancy or operation of any part of the Hotel, (ii) the zoning rights that Purchaser is relinquishing pursuant to the Agreement Regarding Density Allocation and (iii) those rights with respect to the Adjacent Lots arising from the West Day Plat.

Excluded Permits means any Permits that, at law, are not capable of assignment or are assignable with the consent of the counterparty thereto.