MB Properties definition

MB Properties means collectively all of the MBs and the MB Sites described in Exhibit 1.1 attached hereto. When reference to a specific MB, MB Site or MB Property is intended in this Agreement, such MB, MB Site or MB Property shall be identified by “number” in accordance with the applicable Seller (e.g., MB#3, MB Site#3 and MB Property#3 shall mean the MB, MB Site and MB Property owned in fee simple by Seller#3). For the purpose of clarity, all references to “MB#2” shall mean and include that certain medical building and two (2) story parking structure located on MB Site#2.
MB Properties shall have the meaning ascribed to such term in the recital paragraphs of this Agreement. “MB Property” shall mean any one of the MB Properties.

Examples of MB Properties in a sentence

  • If Purchaser elects to obtain separate title insurance policies for one or more of the MB Properties instead of a single policy for all of the Property, the Purchaser shall pay for all endorsements to all title insurance policies and the $350,000 limit in (iii) above shall only apply to title insurance costs and expenses other than the endorsements.

  • The applicable Seller shall convey title to the MB Properties and Land Sites, as the case may be, by special warranty deed in the forms attached hereto as Exhibit 9.2-A-1 (with respect to MB Property#1), Exhibit 9.2-A-2 (with respect to MB Property#2), Exhibit 9.2-A-3 (with respect to MB Property#3), and Exhibit 9.2-A-4 (with respect to the Land Sites) (each a “Deed” and collectively, the “Deeds”), subject only to the items shown on Exhibit B to each Deed (such items being the “Permitted Exceptions”).

Related to MB Properties

  • 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.

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

  • 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.

  • 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.