GGP Property definition
GGP Property or “GGP Properties” means any asset owned, leased or operated by the Parent or any Subsidiary of the Parent (whether a Wholly Owned Subsidiary or otherwise) or Joint Venture owned by the Parent or any of its Subsidiaries.
GGP Property any Real Property or personal property, plant, building, facility, structure, underground storage tank or unit, equipment, general intangible, receivable, or other asset owned, leased or operated by any Consolidated Entity or any Minority Holding (including any surface water thereon or adjacent thereto, and soil and groundwater thereunder).
GGP Property shall have the meaning give such term in Section 3.3(2)(C)(ii) of the Credit Agreement.
Examples of GGP Property in a sentence
Individual GGP Properties No individual GGP Property or Equity Interests in a Person owning an individual GGP Property shall be acquired without the consent of the Administrative Agent and the Requisite Lenders if the Value represented by such Investment exceeds 25% of total Value (including such GGP Property).