Norco Property definition

Norco Property means the real property to which Dow has rights under the Norco Agreements that are within the Norco Facility Area.

Examples of Norco Property in a sentence

  • Whilst the Retained Group has continued to meet its obligations under the lease for the Norco Property, following certain construction activity, the landlord of the Norco Property raised an action against members of the Retained Group in November 2018 claiming damages for losses resulting from the demolition of the previous on-site structure and breach of certain maintenance provisions set out in the lease.

  • Outpatient services requiring preauthorization include psychological testing, neuropsychological testing, Intensive Outpatient Programs and electroconvulsive therapy.

  • Members of the Retained Group are jointly and severally liable as guarantor for obligations under two leasehold properties in California, USA: one located in Norco (the “Norco Property”) and one located in San Diego (the “San Diego Property”).The lease in respect of the Norco Property is due to expire in November 2023.

  • Concurrent with the litigation proceedings, the Retained Group has identified a potential replacement tenant who could occupy the Norco Property and that potential tenant has entered into a substitute lease with the landlord that is subject to contingency periods.

  • Assuming good fee title was vested in the applicable lessor at the time of the creation of the lease, a Dow Entity has a valid and binding leasehold interest in each parcel of Leased Real Property (other than the Norco Property, which is covered by Section 3.09(c)), free and clear of all Encumbrances other than Permitted Encumbrances.

Related to Norco Property

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • 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.

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

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

  • 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.

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  • Mortgaged Real Property means any 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.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • 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.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • 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.

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

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

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

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Owned Properties has the meaning set forth in Section 3.16.

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

  • 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.

  • New property means (i) the assessed value, after final

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Retail Property means each Property listed on Part I of Schedule 6.1.(f) hereto as a Retail Property and any other Property, a substantial use of which is the retail sale of goods and services, which may include a Property that is part of a Mixed-Use Project.

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

  • Estate in Real Property A fee simple estate in a parcel of land.