Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.
Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.
Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.
Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.
Hotel Site means the real property on which the Hotel is located or to be located, as approved by us.
Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.
Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.
Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.
Hotel Property means a Property on which there is located an operating hotel.
Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.
New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.
Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.
Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.
Shopping Center means the Shopping Center identified on the initial page hereof.
Courtyard means a space permanently open to sky, with or without pergola, enclosed fully or partially by buildings and may be at ground level or any other level within or adjacent to a building;
Real Estate Leases is defined in Section 4.7.
Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;
Master Leases means the PropCo Master Leases and each other Material Master Lease.
Marriott means Marriott International, Inc., a Delaware corporation, or any Affiliate thereof.
Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.
Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.
Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.
Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.
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.
Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.
Residential property means improved property that:-