Potential Properties definition

Potential Properties means any Projects owned by Borrower or any Subsidiary of Borrower which are not at the time included as Subject Properties and which consist of Projects which are capable of becoming Subject Properties upon satisfaction of the conditions set forth in Section 2A.2.
View Source
Potential Properties any Real Properties of Borrower or any Subsidiary of Borrower which are not at the time included as Subject Properties and which consist of Real Properties which are capable of becoming Subject Properties upon satisfaction of the conditions set forth in Section 6.2.
View Source

Examples of Potential Properties in a sentence

  • Additionally, in the event that Borrower has not replaced any such Cash Collateral deposited in the Cash Collateral Account by adding Potential Properties as additional Subject Properties in accordance with Section 2A.2 within ninety (90) days after the deposit of such Cash Collateral in the Cash Collateral Account, Administrative Agent may withdraw such Cash Collateral from the Cash Collateral Account and apply such funds to the Obligations.

  • Buyer agrees to work exclusively with Broker to acquire Potential Properties during the term of this Agreement.

  • Buyer acknowledges that Broker represents sellers and other buyers and that Broker or other agents associated with RE/▇▇▇ ▇▇▇ represent sellers whose properties qualify as a Potential Property and other buyers who seek Potential Properties.

Related to Potential Properties

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

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

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Residential property means improved property that:-

  • 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.