Included Real Property definition

Included Real Property those seven (7) parcels of Real Property owned by a Borrower that are included in Real Property Appraisals delivered to Agent in connection herewith prior to the Closing Date or pursuant to Section 10.1.13 (Post Closing Requirements), as such properties are more fully-described on Schedule 1.1(b) (Included Real Property; Leased and Owned Real Property).
Included Real Property means, collectively, the Owned Real Property and the Leased Real Property.
Included Real Property means the parcels of Leased Real Property identified on Section 2.10(b) of the Disclosure Schedule located at (i) 0000 Xxxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxx Xxxxxx and (ii) 0000 X. Xxxxxx Xxxx 1103 and 0000 X. Xxxxxx Xxxx 0000, Xxxxxxx, Xxxxx, which Purchaser has elected to lease or sublease on and after the Closing.

Examples of Included Real Property in a sentence

  • The Title Company shall be irrevocably committed to issue both the Title Policy insuring Buyer’s valid and enforceable leasehold title in and to the Leased Real Property and good and marketable fee simple title to the Included Real Property, subject to no exceptions other than the Permitted Encumbrances, together with such endorsements to such Title Policy as Buyer deems necessary in its reasonable discretion.

  • The Title Company shall be irrevocably committed to issue the Title Policy insuring the Joint Venture’s good and marketable fee simple title to the Included Real Property, showing no exceptions other than the Permitted Encumbrances, together with such endorsements to such Title Policy as LifePoint Sub deems necessary in its commercially reasonable discretion.

  • A list of the Included Real Property and Included Joint Ventures Owned Real Property is contained on Schedule 1.1(b) (which Schedule includes the street address, tax map and parcel number, a legal description of the parcels and tracts constituting the Included Real Property and Included Joint Ventures Owned Real Property, respectively, as described in Seller’s and Included Joint Ventures’ respective vesting deeds to the Included Real Property and the Included Joint Ventures Owned Real Property).

  • A list of the Included Real Property is contained on Schedule 1.1(b) (which Schedule includes a legal description of the parcels and tracts constituting the Included Real Property as reflected in Sellers’s vesting deeds to such Included Real Property).

  • A list of the Included Real Property is contained on Schedule 1.1(b) (which Schedule includes a legal description of the parcels and tracts constituting the Included Real Property as reflected in Seller Group’s vesting deeds to such Included Real Property).

  • The Title Company shall be irrevocably committed to issue the Title Policy insuring Buyer’s good and marketable fee simple title to the Included Real Property, showing no exceptions other than the Permitted Encumbrances, together with such endorsements to such Title Policy as Buyer deems necessary in its commercially reasonable discretion.

  • All known Liabilities of Seller relating to Environmental Requirements, Environmental Permits, or Hazardous Materials, in each case in respect of the Included Real Property, are specifically identified on Section 2.18(f) of the Disclosure Schedule.

  • The Permitted Liens do not and will not impair or adversely affect the value of any Included Real Property, the current or contemplated use, occupancy, quiet enjoyment or operation thereof, or the Business conducted thereon.

  • None of the Included Real Property is listed or proposed for listing on the National Priorities List or the Comprehensive Environmental Response, Compensation and Liability Information System or on any analogous foreign, federal, state or local list.

  • All aspects of the Included Real Property are in compliance with any and all restrictions and other provisions included in the Permitted Liens, and there are no matters which create a Breach of any of the documents evidencing the Permitted Liens.


More Definitions of Included Real Property

Included Real Property means the parcels of Leased Real Property identified on Section 2.10(b) of the Disclosure Schedule located at
Included Real Property means the real property owned by the Sellers as set forth on SECTION 2.03(L) SCHEDULE (A), together with all other structures, facilities, improvements, fixtures, systems, equipment and items of property presently or hereafter located thereon or attached or appurtenant thereto prior to the Closing, which are owned by Sellers.
Included Real Property as defined in Section 2.2(e).
Included Real Property means the real properties set forth on Exhibit B to this Agreement.

Related to Included Real Property

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • 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.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • 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.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • 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.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • 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.

  • Material Real Property means any real property owned by any Loan Party with a fair market value in excess of $5,000,000.

  • 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.

  • Leased Real Estate means all real property that the Company or any of its Subsidiaries leases, subleases or otherwise uses or occupies, or has the right to use or occupy, pursuant to a Lease.

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of Xxxxxxx Retained Business.