Legacy Properties definition

Legacy Properties means those properties that have previously been procured by Luton Council that will be transferred into the partnership.

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Legacy Properties means, collectively, the properties located at (i) ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, (ii) ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, (iii) ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇, and (iv) ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇.

Legacy Properties collectively, the Improvements on the land owned or ground leased by HPT TA Trust or HPT TA LLC, as identified on Schedule 3.

Examples of Legacy Properties in a sentence

LLC’s Closing Obligations in Respect of the New Properties and the Legacy Properties.
Upon execution of this Addendum and the P&S, Buyer shall remit by check, wire or electronic exchange of funds, a non-refundable deposit in the amount of ten percent 10% of the purchase price identified above made payable to Legacy Properties, Sotheby’s International Realty, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
TA Operating hereby assigns to HPT TA Trust and/or HPT TA LLC, respectively, all of its right, title and interest in and to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by HPT TA Trust and/or HPT TA LLC, to the extent first arising from and after the Effective Date.
Periods of temporary illness, temporary layoff, Military Service, and Authorized Leaves of Absence shall not be deemed as breaking continuity of employment and shall be counted in determining Years of Service.
Notwithstanding the foregoing, this Agreement shall terminate earlier than the first (1st) anniversary of the date hereof in the event any of the following occurs prior to such first (1st) anniversary: (i) the death of Employee or long-term disability of Employee; (ii) termination of this Agreement by the Company for Cause in accordance with Section 2(b) below; or (iii) the closing of the sale of all of the Legacy Properties.
Even if all of the Legacy Properties have not been sold by the first (1st) anniversary of the date hereof, this Agreement and Employee’s employment with the Company shall nonetheless terminate on the first (1st) anniversary of the date hereof, and the Company’s other officers shall immediately assume responsibility for the disposition of any remaining Legacy Properties.
HPT TA Trust and/or HPT TA LLC, respectively, each hereby agrees to perform all of TA Operating’s obligations with respect to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by it to the extent first arising from and after the Effective Date.
HPT TA Trust and/or HPT TA LLC, respectively, each hereby assumes all of TA Operating’s obligations with respect to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by it to the extent first arising from and after the Effective Date.
Valid policies of title insurance have been issued insuring Legacy's or any of its Subsidiaries' fee simple title to the Legacy Properties in amounts at least equal to the purchase price thereof, subject only to the matters set forth therein or disclosed above and in Schedule 4.12 of the Legacy Disclosure Letter, and such policies are, at the date hereof, in full force and effect and there are no pending claims against any such policy.
Statoil Oil & Gas LP 6▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: K▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Asset Manager Office Telephone: 5▇▇-▇▇▇-▇▇▇▇ E-Mail: K▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ Earthstone Legacy Properties, LLC 1▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: C▇▇▇▇▇▇▇▇▇▇ ▇.

More Definitions of Legacy Properties

Legacy Properties shall have the meaning given such term in the recitals to this Agreement.

Legacy Properties means those certain properties which are, as of the date hereof, owned directly or indirectly by an Owner, but not subject to a Property Management Agreement, as further identified on the Legacy Property Schedule.

Legacy Properties shall have the meaning given such term in Section 3.23.1.

Legacy Properties means any real property or facility previously used, owned or operated in connection with the conduct of the Business, other than the Owned Real Property and Leased Real Property. Liabilities. “Liabilities” means any and all debts, liabilities, claims, demands, expenses, guarantees, commitments or obligations of any kind, character or nature whatsoever, whether direct or indirect, accrued or unaccrued, fixed or variable, known or unknown, absolute or contingent, asserted or unasserted, liquidated or unliquidated, matured or unmatured, on or off balance sheet or determined or determinable, due or to become due, including those arising under any Law, Action or Governmental Order and those arising under any Contract. Local Conveyance Documents. “Local Conveyance Documents” means one or more Bills of Sale, Assignment and Assumption Agreements and Deeds of Transfer with respect to the transactions contemplated by Section 2.1 and Section 2.2, respectively, to be entered into by the Purchaser and the Sellers (or their respective Affiliates) as of the Closing Date, each on customary terms in a form to be mutually agreed upon by the Purchaser and the Sellers prior to the Closing Date pursuant to Section 6.17. Loss. “Loss” shall have the meaning set forth in Section 10.2. LP Canada. “LP Canada” has the meaning set forth in the Preamble. LP Counsel. “LP Counsel” shall have the meaning set forth in Section 6.10(a).