Excluded Real Estate Assets definition

Excluded Real Estate Assets means (i) any fee-owned Real Estate Asset located outside the United States (or in respect of any Foreign Credit Party, located outside the jurisdiction of incorporation or establishment thereof (other than the United States)); (ii) any fee-owned Real Estate Assets located in the United States (or in respect of any Foreign Credit Party, located in the United States or in the jurisdiction of incorporation or establishment thereof) that do not constitute Material Real Estate Assets; and (iii) any Leasehold Property.
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Excluded Real Estate Assets means, with respect to any Credit Party, (a) any fee interest in owned real property not constituting a Material Real Estate Asset, (b) any leasehold interest (including any ground lease interest) in real property and (c) any fixtures affixed to any real property to the extent (i) such real property does not constitute Collateral and/or (ii) such real property is not otherwise an Excluded Asset (as defined in the Pledge and Security Agreement) and a security interest in such fixtures may not be perfected by a UCC-1 financing statement in the jurisdiction of organization of the applicable Credit Party.
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Excluded Real Estate Assets means, with respect to any Loan Party, (a) any fee interest in owned real property not constituting Material Real Property, (b) any leasehold interest (including any ground lease interest) in real property, (c) any Real Property located in an area identified by the Federal Emergency Management Agency (or any successor agency) as a “special flood hazard area” and (d) any fixtures affixed to any Real Property to the extent (i) such Real Property constitutes an Excluded Asset and/or (ii) such Real Property is not otherwise an Excluded Asset and a security interest in such fixtures may not be perfected by a UCC-1 financing statement in the jurisdiction of organization of the applicable Loan Party.
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Examples of Excluded Real Estate Assets in a sentence

  • The Company agrees that all of its Real Estate Assets and any Affiliate's Real Estate Assets, except for Excluded Real Estate Assets, shall be serviced by the Servicer under this Agreement.

  • The Company agrees that the Servicer shall service all of its Real Estate Assets and any affiliate's Real Estate Assets, except for Excluded Real Estate Assets under this Agreement.

  • When a Marine has a second or subsequent alcohol related incident or occurrence of reportable alcohol abuse that does not result in disciplinary action and the incident occurs within a three year span from a previous alcohol related incident or occurrence of reportable alcohol abuse.

  • The Servicer shall provide portfolio management services, including billing, portfolio administration and collection services ("Services") for all Real Estate Assets unless the Servicer and the Company agree that specific Real Estate Assets shall not be so serviced ("Excluded Real Estate Assets").

  • The Servicer shall provide ----------------------------------------- portfolio management services, including billing, portfolio administration and collection services ("Services") for all Real Estate Assets unless the Servicer and the Company agree that specific Real Estate Assets shall not be so serviced ("Excluded Real Estate Assets").


More Definitions of Excluded Real Estate Assets

Excluded Real Estate Assets means, with respect to any Credit Party, (a) any fee interest in owned real property not constituting a Material Real Estate Asset, (b) any leasehold interest (including any ground lease interest) in real property and (c) any fixtures affixed to any real property to the extent
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Excluded Real Estate Assets has the meaning ascribed thereto in Schedule K.
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Excluded Real Estate Assets has the meaning ascribed thereto in Exhibit III;
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Related to Excluded Real Estate Assets

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Material Real Estate Asset means (i) any fee-owned Real Estate Asset having a fair market value in excess of $2,500,000 as of the date of the acquisition thereof or (ii) any Real Estate Asset that the Required Lenders have determined is material to the business, general affairs, assets, liabilities, operations, management, condition (financial or otherwise), stockholders’ equity, results of operations or value of any Loan Party or any Subsidiary thereof, including the Borrower.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Owned Real Property has the meaning set forth in Section 4.10(a).