Former Property definition

Former Property means any real property or facility owned, leased or operated by any of the Companies or a predecessor thereof prior to the Closing Date, that is not owned, leased or operated by any of the Companies on or after the Closing Date.

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Former Property means any and all real property ever owned or leased by Seller or any of its predecessors in interest.

Former Property means any and all land or property, other than the Properties, owned, occupied or used at any time by the Company;

Examples of Former Property in a sentence

Upon the satisfaction of all such conditions precedent, the Term of this Lease will thereupon end as to the Former Property and commence as to the Substitute Property, and all references to the Former Property will apply with full force and effect to the Substitute Property.
The Authority and the City will execute, deliver and cause to be recorded all documents required to discharge the Site Lease, this Lease and the Assignment Agreement of record against the Former Property and to cause the Substitute Property to become subject to all of the terms and conditions of the Site Lease, this Lease and the Assignment Agreement.
From and after the date on which all of the foregoing conditions precedent to such substitution are satisfied, the Term of this Lease shall cease with respect to the Former Property and shall be continued with respect to the Substitute Property, and all references herein to the Former Property shall apply with full force and effect to the Substitute Property.
Subject to Section 9.2(b), Seller hereby agrees to indemnify, defend and hold harmless each Buyer Indemnified Party from and against any Loss incurred by such Buyer Indemnified Party as a result of (i) any breach of a Seller representation or warranty contained herein, or any breach by Seller of, or default in the performance by Seller of, any covenant, agreement or obligation to be performed by Seller pursuant to this Agreement, and (ii) any Environmental Former Property Conditions.
In the event a Loss occurs in connection with an alleged release (as defined in CERCLA or any other Environmental Law), or alleged releases of Hazardous Materials at or from a Company Property or a Former Property, it shall be presumed that such release and the presence of Hazardous Materials constitutes a breach of a representation or warranty under Section 4.19, unless Seller proves that no breach of any representation or warranty occurred or exists.

More Definitions of Former Property

Former Property shall have the meaning referenced in Section 2.25.2 hereof.

Former Property has the meaning set forth in Section 4.20(a)(iii) below.

Former Property means any one of the Former Properties Freehold Properties means the freehold properties identified in folders 2.9.1, 2.9.2 to 2.9.8 (inclusive), and 2.15.17 of the Data Room Hazardous Substances means any natural or artificial substance, organism, preparation or article that (alone or combined with another substance, preparation or article) is or may be harmful to the Environment or a living organism, or which is prohibited or restricted under Environmental Laws (including any waste) Indebtedness means borrowings and indebtedness in the nature of borrowings (including by way of acceptance credits, discounting or similar facilities, loan stocks, bonds, debentures, notes, overdrafts or any similar arrangements the purpose of which is to raise money) owed to any banking, financial, acceptance credit, lending or other similar institution or organisation Intellectual Property Rights means all intellectual property rights, whether registered or not, including patents, ▇▇▇▇▇ patents, utility models, design patents, designs, copyright (including moral rights and neighbouring rights), database rights, rights in integrated circuits and other sui generis rights, trade marks, trading names, company names, service marks, logos, the get up of products and packaging, geographical indications and appellations and other signs used in trade, internet domain names, social media user names, rights in know-how and any rights of the same or similar effect or nature as any of the foregoing in any jurisdiction in which the Business operates as at the date of this Agreement IT Systems means any and all computer, telecommunications and network equipment and/or computer software or programs used by each Group Company for the purposes of carrying on the business of the Group Key Employees means ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ Schuhholz Leasehold Properties means the leasehold properties identified in folders 2.9.1, 2.9.2 to 2.9.8, 2.15.7, 3.8.1, 4.9.1, and 5.9 of the Data Room

Former Property means a property owned, occupied or used by a Group member before Completion other than a Property;

Former Property means any real property (other than the Properties) formerly owned or leased by the Target Company at any time prior to Closing; Hazardous Materials means any material or substance used by or on behalf of the Seller or the Target Company or both at any time prior to Closing which alone, or in combination with other substances, causes or may cause significant harm or damage to the Environment, including Asbestos, energy, radiation and radioactive substances;

Former Property means any property owned, leased, operated or occupied by any of the MGT/IST Group Companies prior to Completion other than the Properties;

Former Property means any of the following properties: