Property Closing Date definition

Property Closing Date means the date on which the Lessor purchases a Property or, with respect to the first Advance, the date on which the Lessor seeks reimbursement for Property previously purchased by the Lessor.

Property Closing Date. (three (3) Business Days prior notice required for Advance)

Property Closing Date means each date on which a Lessor purchases or ground leases the Property.

Examples of Property Closing Date in a sentence

• On each Property Closing Date, the Construction Agent shall cause each Property acquired by the Lessor on such date to be free and clear of all Liens except those referenced in Sections 6.2(r)(i) and 6.2(r)(ii).

• The Acquisition Loan will have a maturity date of 18 months from the Property Closing Date and will not bear any interest.

• No Default or Event of Default will occur under any of the Operative Agreements as a result of, or after giving effect to, the Advance requested by the Requisition on such Property Closing Date.

• If the costs of the VIMS and VIMS OMM for the Intended Design and Intended Use, any ongoing monitoring, as well as without limitation, DEH oversight and permitting costs, in the approved final RAP (or associated documents) are in excess of Baseline Costs ("Excess Costs"), as determined immediately prior to the scheduled H1 Property Closing Date by an independent consultant retained by the Developer and acceptable to the City ("RAP Consultant") then the following provisions shall apply.

• On the Property Closing Date, the Construction Agent or the Lessee shall cause the Property acquired by the Lessor to be free and clear of all Liens except those referenced in Section 6.1(cc)(i) and (ii).

More Definitions of Property Closing Date

Property Closing Date means the Initial Closing Date.

Property Closing Date means the date on which a Property Closing occurs.

Property Closing Date means the date of closing of the acquisition of Property–11 Commerce by Property Purchaser from CBH pursuant to the Property Purchase Agreement.

Property Closing Date means, as to any Permitted Parcel, the date on which the Lessor purchases such Permitted Parcel and all of the conditions precedent set forth in Section 5.2 of the Participation Agreement are satisfied.

Property Closing Date means the date of the initial advance of Loan proceeds with respect to a particular Financed Property.

Property Closing Date means, with respect to any Property, the date on which such Property was acquired by the Prior Lessor (or TD 1996 Real Estate Trust, to which the Prior Lessor was the successor).

Property Closing Date means the Closing Date or the Additional Properties Closing Date, as applicable.