Property Contracts means all maintenance, service and other operating contracts, equipment leases and other arrangements or agreements to which the Company or any Company Subsidiary or any affiliate of such Person is a party affecting the ownership, repair, maintenance, management, leasing or operation of the Properties, but not including Leases.

Property Contracts shall have the meaning ascribed to such ------------------ term in Section 4.12(a) hereof.

Property Contracts means all contracts, agreements, equipment leases, purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of the Property, but only to the extent assignable by their terms or applicable law (including any contracts that are assignable with the consent of the applicable vendor), and not including (a) any national contracts entered into by Seller, Property Manager, or AIMCO with respect to the Property (i) which terminate automatically upon transfer of the Property by Seller, or (ii) which Seller, in Seller’s sole discretion, elects to terminate with respect to the Property effective as of the Closing Date, or (b) any property management contract for the Property. Property Contracts shall not include forward or similar long-term contracts to purchase electricity, natural gas, or other utilities, which contracts shall be “Utility Contracts” governed by the provisions of Section 5.4.11.

Examples of Property Contracts in a sentence

Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.
If Purchaser fails to deliver the Property Contracts Notice on or before the expiration of the Feasibility Period, there shall be no Terminated Contracts and Purchaser shall assume all Property Contracts at the Closing.
Thanks to the Recreation Committee, the Committee on the Arts, the Fire Department, Public Works and the Library for all their efforts on the Ragamuffin Parade, the Arts Festival and Big Trucks Day.On motion of Trustee Fanelli, seconded by Trustee Komar, and unanimously carried, it was: RESOLVED, to approve the minutes of the regular meeting held on August 12, 2013.
Real Property Contracts Assignment and Assumption Agreement dated August 19, 2014 by and between B & H Wind, LLC and Beethoven Wind, LLC, recorded on September 4, 2014 in Book 58, page 183, Register of Xxxxx, Xxxxxxx Mix County, South Dakota.
Other than utility easements and temporary construction easements granted by Seller in the ordinary course of business, Seller covenants that it will not voluntarily create or cause any lien or encumbrance to attach to the Property between the Effective Date and the Closing Date (other than Leases and Property Contracts as provided in Section 7.1) unless Purchaser approves such lien or encumbrance, which approval shall not be unreasonably withheld, conditioned or delayed.

More Definitions of Property Contracts

Property Contracts means, with respect to each Property, all contracts, agreements, equipment leases, purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of such Property, but only to the extent assignable by their terms or applicable law (including any contracts that are assignable with the consent of the applicable vendor), and not including (a) any national contracts entered into by the applicable Seller, Property Manager, or AIMCO with respect to the applicable Property (i) which terminate automatically upon transfer of such Property by such Seller, or (ii) which such Seller, in Seller’s sole discretion, elects to terminate with respect to such Property in accordance with Section 3.6, effective as of the Closing Date, or (b) any property management contract for such Property.

Property Contracts means all purchase orders, maintenance, service, or utility contracts and similar contracts, which relate to the ownership, maintenance, construction or repair and/or operation of the Property and which are not cancelable on 30 days' or shorter Notice without penalty, except Commercial Leases. (o) "PURCHASE CONTRACT" means this Purchase and Sale Contract by and between Seller and Purchaser. (p) "PURCHASE PRICE" means the total consideration to be paid by Purchaser to Seller for the purchase of the Property. (q) "SURVEY" shall have the meaning ascribed thereto in Section (a). (r) "TENANT" means any person or entity entitled to occupy any portion of the Property under a Commercial Lease. (s) "TITLE COMMITMENT" or "Title Commitments" shall have the meaning ascribed thereto in Section 6.1. (t) "TITLE INSURER" shall have the meaning set forth in Section 6.1. ARTICLE II

Property Contracts means the Leases and the Ancillary Property Contracts and "Property Contract" shall mean any one of them;

Property Contracts means the Leases and the Ancillary Property Contracts and

Property Contracts means all purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of the Property and which are not cancelable on 30 days’ or shorter Notice without penalty, but only to the extent transferable and shall also mean any third party maintenance, service, marketing or other contract relating to the Property which Property Owner is obligated to cause Property Owner’s transferee or assign to assume or execute upon Purchaser's purchase of the Property, all as described on Exhibit 1.1.26 attached hereto.

Property Contracts means all contracts, agreements, equipment leases, purchase orders, maintenance, service, and similar contracts, excluding Leases, regardless of whether entered into by Seller, Property Manager, or an affiliate of either, which relate to the ownership, maintenance, construction or repair and/or operation of the Property, whether or not assignable by their terms, but not including (a) any national contracts entered into by Seller, Property Manager, or AIMCO with respect to the Property (i) which terminate automatically upon transfer of the Property by Seller, or (ii) which Seller, in Seller's sole discretion, elects to terminate with respect to the Property effective as of the Closing Date, or (b) any property management contract for the Property.