Opco Personal Property definition

Opco Personal Property means “Personal Property” as defined in the Opco Mortgage.
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Opco Personal Property means all tangible and intangible personal property and fixtures owned by Opco, and includes, without limitation: (a) all tangible and intangible personal property owned by Opco and used in connection with the operation, maintenance, use or occupancy of either Facility, including the items of personal property described on Schedule II attached hereto, (b) the Opco Facility Contracts, (c) any and all unreturned and unapplied deposits or prepayments, of any type and for any purpose, made by or in the possession of Opco or anyone on its behalf, including, without limitation, any and all utility deposits held by any utility companies and insurance premiums, (d) any and all proceeds or rights to proceeds in any threatened or pending condemnation proceedings or proceedings in lieu thereof, (e) any and all causes of action of Opco against anyone now existing or hereafter arising and (f) all goodwill, copyrights, patents and trademarks, all licenses in respect of the foregoing, and all income, royalties, proceeds and other rights arising from or asserted under the foregoing; provided, however, that the Opco Personal Property shall not include any Excluded Assets.
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Examples of Opco Personal Property in a sentence

  • Opco hereby agrees to (a) grant, convey and transfer to the Opco Acquiring Entity the Opco Personal Property; (b) assign absolutely to the Opco Acquiring Entity all of the Pioneer Trail Service Contracts or Buffalo Lake Service Contracts to which Opco is a party and which Administrative Agent elects in its sole discretion to continue beyond the Closing Date; and (c) assign absolutely, grant, convey and transfer to the Opco Acquiring Entity all other Collateral owned by Opco.

  • SCHEDULE II OPCO TANGIBLE PERSONAL PROPERTY · All tangible Opco Personal Property* *Detailed Schedule may be provided on or prior to Closing.

Related to Opco Personal Property

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

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Tangible Personal Property has the meaning set forth in Section 2.01(e).

  • Eligible personal property means property that meets all of the following conditions:

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

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

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

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

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

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

  • Residential property means improved property that:-

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

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

  • 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.

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

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Transition Property means the property right created by a financing order, including without

  • 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.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.