Improved Properties definition

Improved Properties means all Properties of the Borrower other than Properties that have not been developed.
Sample 1Sample 2
Improved Properties shall have the meaning given such term in Section 9.2(b) of the Lease.
Sample 1

Examples of Improved Properties in a sentence

  • Improved Properties upon which institutions (other than hospitals) are maintained (e.g. nursing homes) shall be charged with 0.3596 Equivalent Dwelling Units for each bed the institution is authorized to maintain.

  • Improved Properties upon which beauty shops or barbershops are maintained (except as described in subsection (A)) shall be charged with 0.2285 Equivalent Dwelling Units for each operator's chair.

  • Improved Properties upon which offices are maintained shall be charged with 0.0002 Equivalent Dwelling Units for each square foot of gross floor area devoted to office and accessory uses (including e.g., storage, filing, and supply areas, waiting areas, conference areas, meeting rooms, halls, elevators, washrooms, etc.).

  • Improved Properties upon which movie or live-performance theatres are maintained shall be charged with 0.0005 Equivalent Dwelling Units for each square foot of gross floor area in the performance-viewing areas of the Improved Properties.

  • Except as provided in paragraph (2), Improved Properties upon which swimming pools or bathhouses are maintained shall be charged with 0.0007 Equivalent Dwelling Units for each square foot of gross area in the building areas and/or outdoor enclosed areas devoted to the pool or bathhouse uses.

  • Improved Properties upon which self-service laundries are maintained shall be charged with 0.0286 Equivalent Dwelling Units for each square foot of gross floor area in the areas open to the public.

  • Improved Properties upon which boarding schools are maintained shall be charged with 0.0023 Equivalent Dwelling Units for each square foot of gross floor area in any residence hall (including bedrooms, washrooms, lounge areas, halls, etc.), plus 0.0229 Equivalent Dwelling Units per person for all other areas.

  • Improved Properties upon which churches are maintained shall be charged with 0.0002 Equivalent Dwelling Units for each square foot of gross floor area in any worship-assembly area (including, but not limited to, nave and sanctuary areas, but not including any vestibule areas).

  • Improved Properties upon which schools are maintained (other than boarding schools) shall be charged with 0.0229 Equivalent Dwelling Units per person if the school includes showers, and 0.0109 Equivalent Dwelling Units per person if the school does not include showers.

  • All Improved Properties having structures thereon, whose principal building is located within one hundred fifty (150) feet of the Water System or any part or extension of the System, shall be required to pay the minimum quarterly fees as described herein whether or not water is actually consumed.

Related to Improved Properties

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.