Linked Properties definition
Linked Properties means each of (i) the Properties identified on Schedule 1 attached hereto as “Miami Springs” and “Miami Springs Pkg. Garage”, (ii) the Properties identified on Schedule 1 attached hereto as “Ft. ▇▇▇▇▇ Downtown” and “Ft. ▇▇▇▇▇ Downtown (Parking)”, (iii) the Properties identified on Schedule 1 attached hereto as “Winston Salem Linden Center” and “Winston Salem Linden Center Parking Lot” and (iv) the Properties identified on Schedule 1 attached hereto as “Columbia ▇▇▇▇▇▇▇▇ ▇▇. Ops. Center” and “Columbia ▇▇▇▇▇▇▇▇ Road Annex”. Each such Property is referred to hereinafter as a “Linked Property”; provided that each Linked Property is a Linked Property only with the Property identified in the same clause above as such Linked Property, and is not a Linked Property with any other Property.
Linked Properties shall have the meaning given such term in Section 35.
Examples of Linked Properties in a sentence
Upon the termination of this Agreement as to Linked Properties, Seller shall reimburse Purchaser, or Purchaser shall reimburse Seller, as herein provided, for all out-of-pocket expenses incurred in connection with the Due Diligence Inspections for such removed Linked Properties.
Thereafter, this Agreement shall be null and void as to the Linked Properties (but shall remain in force and effect as to the remaining Properties), and neither party shall have any obligation to the other with respect to the removed Linked Properties, except to the extent such obligation expressly survives such termination.