Identified Property definition

Identified Property as of any time, Properties acquired during the most recent Test Period.

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Identified Property means a Property which is subject to a Lien securing Nonrecourse Secured Indebtedness but which would otherwise qualify as an Eligible Property and which Property the Borrower has requested, and the Agent has agreed, to include as an Identified Property.

Identified Property as of any time, Properties acquired by Kimco during the most recent Test Period.

Examples of Identified Property in a sentence

• Within 10 business days after Tenant’s receipt of the Pending Deal Notice, Tenant shall have the right to elect (“RFR Purchase Option”) to purchase the Project or the portion thereof identified in the Pending Deal Notice (as applicable, the “Identified Property”), subject to the terms set forth in the Pending Deal Notice by delivering to Landlord written notice (the “Pending Deal Acceptance”) of Tenant’s election to purchase the Identified Property.

• Nothing contained in this Section 41 shall excuse Tenant from any of its obligations under this Lease prior to the date that the Identified Property is conveyed to Tenant or from any obligation that survives the expiration or earlier termination of this Lease with respect to the Identified Property.

• Except with respect to the pathway from the Contributed Property to the Bridge, Third Party shall not be entitled to make any modifications, improvements or alterations to the Identified Property.

• Third Party agrees to pay Company fifty percent (50%) of all (i) capital improvement costs, and (ii) ordinary and necessary maintenance expenses, in each case incurred by Company in the improvement, maintenance, upkeep and repair of the Identified Property (the “Maintenance and Improvement Fee”).

• For and in consideration of the Maintenance and Improvement Fee and upon the other terms and conditions set forth therein, Company hereby grants to Third Party non-exclusive access for the owner of the Contributed Property, its successors-in-title and their respective tenants, guests and invitees (the “Permitted Users”), to access and use the Identified Property, and Third Party hereby accepts from Company this Agreement, upon the terms and conditions hereof.

• The financing of an Identified Property prior to a redemption, the coordination of any guaranties or similar arrangements necessary to address the tax protection needs of the In-Kind Redeeming Preferred Partners, and the negotiation, if necessary, of the purchase and sale contract relating to the properties, shall be arranged for and coordinated by the Preferred Partner Representative.

• The obligations of the Parties hereunder relating to the Identified Property shall be covenants running with the land and shall be binding upon the owner of the TP Property and the owner of the Contributed Property and their successors-in-title.

• For purposes of this Section, the Net Sales Proceeds for an Identified Property shall be equal to the amount of sales proceeds distributed at the close of escrow of the sale of the Identified Property in exchange for a release from ▇▇ ▇▇▇▇▇▇ of the JPMorgan Deed of Trust from the Identified Property as set forth in the final closing statement prepared by the title company at the close of escrow for the sale of the Identified Property.

• Notwithstanding anything to the contrary herein and during the term hereof, Third Party shall be required to maintain, repair and improve, at Third Party’s own cost and expense, such portion of the path from the Contributed Property to the Bridge as is located within the Identified Property.

• Third Party warrants and represents that it previously inspected, and will continue on a regular basis, to inspect, the Identified Property, and its condition in accordance with industry standards during the Access Period.

More Definitions of Identified Property

Identified Property means (a) an Oil & Gas Opportunity presented to the Company by a Member; and (b) any other oil or gas (or their constituents) property, field, interest or prospect which the Company from time to time identifies in writing to the Members as (i) the subject of a possible acquisition or investment by the Company, (ii) owned, operated, managed, leased, being developed or engaged in production activities by the Company thereon; (iii) subject to a contract, agreement, or letter of intent, or a written definitive plan, to acquire by the Company; or (iv) with respect to which the Company has performed, or commissioned due diligence to be performed, thereon.

Identified Property means a Property which is subject to a Lien securing Nonrecourse Secured Indebtedness but which would otherwise qualify as an Eligible Property and which Property the Borrower has requested, and the Agent has agreed, to include as an Identified Property. So long as each of the conditions set forth in Section 12.20. continues to be satisfied, 1221 Avenue of the Americas shall be deemed to be an Identified Property.

Identified Property with respect to any period of two consecutive fiscal quarters of the Borrower, any Property acquired by the Borrower or any of its Subsidiaries during such period and designated as an "Identified Property" for such period by the Borrower by written notice to the Administrative Agent concurrently with the delivery of any compliance certificate pursuant to Section 6.2(b); provided, that, after giving effect to such designation (and the calculation of Gross Asset Value as a result thereof), the amount described in clause (d) of the definition of Gross Asset Value for such period shall not exceed 20% of such Gross Asset Value.

Identified Property means the Real Property, the Leased Property, all real property previously owned or leased by the Company and all improvements, fixtures, equipment and personal property now or hereafter located on the Real Property, the Leased Property or any real property previously owned or leased by the Company.

Identified Property has the meaning set forth in the Omnibus Agreement.

Identified Property means any and all assets of Debtors which Debtors claim are unavailable to satisfy creditor claims, including, among other reasons: because they hold legal title to such assets in a fiduciary capacity for the sole benefit of donors, their intended beneficiaries, and/or members of the public; because such assets are subject to donor restrictions on use and purpose; because Debtors claim such assets are essential to BSA’s capability to carry out its mission in a manner consistent with its charter and bylaws; or otherwise, including, but not limited to the property set out in Exhibit E to Debtor’s original Chapter 11 Plan of Reorganization [ECF No. 20].