Other Properties definition
Examples of Other Properties in a sentence
As an example only, if the Original Landlord Entities sell three (3) of the Other Properties via three (3) separate and distinct Third Party Sales, but the Collective Landlord Entities continue to own the Premises and the remaining Other Properties, then the Cross-Default Concept shall continue to apply with respect to this Lease and the Other Leases encumbering the Other Properties owned by the Collective Landlord Entities.
Tenant acknowledges that there are three (3) original landlord entities acquiring all of the Premises and the Other Properties (“Original Landlord Entities”).
Contemporaneously with the execution hereof, Lessor acquired (i) the Leased Property (as hereinafter defined) and certain Other Properties, and (ii) Lessor is entering with Lessee into the Other Leases; and Lessor and Lessee now wish to enter into this Lease.
Notwithstanding anything contained in this Agreement to the contrary, in the event that the Closing of one or more Other Properties is delayed beyond the Closing Date pursuant to the applicable Other APCA, Owner JV may, in its sole and absolute discretion, elect to defer the Closing Date provided under this Agreement to a date that is not later than the Outside Closing Date hereunder and under the applicable Other APCA.
As used herein, the terms "Other Loans" and "Other Properties" shall have the meanings attributed to such terms in ARTICLE XV hereof.