Property Operators definition

Property Operators means (i) at any time prior to the Funding Date, the Persons identified on Schedule 4.1(e) as Property Operators and (ii) on and after the Funding Date the Persons identified as Property Operators on Part A of Schedule I.
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Property Operators means collectively, Mandarin Onshore, ▇▇▇▇▇▇ and Mandarin Offshore, and any other third party operator engaged with respect to an Operator Group Additional Managed Asset.
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Property Operators means the Persons identified as Property Operators on Part ------------------- A of Schedule I. ----------- "Property Owners" means the Persons identified as Property Owners on Part A of ---------------- Schedule I. ---------- "Proposed Refinancing Transaction" has the meaning provided in Section ---------------------------------- ------- 5.4(l)(ii). --------- "Real Property" means any Fee Estate or any Leasehold Estate. -------------- "Reinvestment Rate" means, with respect to any prepayment of the Loan, an amount ----------------- equal to the yield on U.S. Treasuries issued with a term a near to equal to the remaining term as the Loan as possible, such yield being based on the bid price for such issue as published in the Wall Street Journal on the date that is 14 days prior to the date of such prepayment (of, if such bid price is not published on such date, the next preceding date on which such bid price is so published) and converted to a monthly (not compounded) nominal yield, such Reinvestment Rate to be determined by Lender. "Release" means a release, spill, emission, leaking, pumping, injection, ------- deposit, disposal, discharge, dispersal, leaching or migration of a Hazardous ------ Substance into the indoor or outdoor environment or into or out of any Real - Property or other property, including the movement of Hazardous Substances - through or in the air, soil, surface water, groundwater or Real Property or - other property. - "Repair and Replacement Expenditures" has the meaning provided in Section -------------------------------------- ------- 5.3(n)(ii). --------- "Repair and Replacement Reserve Account" has the meaning provided in Section ------------------------------------------ ------- 5.3(n)(i)(A). ----------- "Reportable Event" shall mean any of the events set forth in Section 4043(c) of ----------------- ERISA or the regulations thereunder, a withdrawal from a plan described in Section 4063 of ERISA or a cessation of operations described in Section 4062(e) of ERISA. "Request to Provide Offer to Finance" has the meaning provided in Section ---------------------------------------- ------- 2.6(a). ----- "Required Mortgage Loan Balance" has the meaning provided in Section --------------------------------- ------- 5.3(n)(iii). ---------- "Reserve Account Security Agreement" has the meanings provided in Section ------------------------------------- ------- 3.1(e)(vi). -------- "Reserve Accounts" and "Reserve Account" have the meanings pro...
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Examples of Property Operators in a sentence

  • Each of the Property Operators which operates an Entrance Fee Facility will be an entity which is treated as a corporation or an association taxable as a corporation for United States federal income tax purposes.

  • Each of the Loan Parties and the Property Operators has the corporate or other organizational power: (i) to carry on its business as now being conducted and as proposed to be conducted by it; (ii) to execute, deliver and perform each Transaction Document to which it is a party; and (iii) to take all action as may be necessary to consummate the transactions contemplated thereunder.

  • Each of the Loan Parties and the Property Operators is duly organized and in good standing under the laws of the jurisdiction where such Loan Party or Property Operator, as the case may be, is organized and is duly qualified to do business in each jurisdiction where the absence of such qualification could have a Material Adverse Effect.

  • Concurrently herewith, the Separated Property Owners together with the Phase III Lessor, on the one hand, and the Separated Property Operators together with the Phase III Lessee, on the other hand, and Guarantor are executing the Phase III Amendment.

  • The Real Property is part of an enclosed regional shopping mall, consisting of: (1) the Real Property and (2) the buildings and adjoining parking areas owned by third parties and currently operated as "Dillard's," "JC Penney" and "Sears" stores, respectively (the operators thereof being hereinafter collectively referred to as the "Anchor Property Operators").

  • General Manager shall cooperate with and assist the Property Operators in the performance of the Property Operators’ duties and obligations in connection with the operation and management of the Mandarin Component and ▇▇▇▇▇▇ Component, as applicable, provided that General Manager shall not interfere with the Property Operators’ respective management and operation of such Hotel Assets in breach of any of the Management Agreements.

  • Guarantor hereby (a) consents to this Amendment, including the separation of the Separated Properties and release of the Separated Property Operators as provided in Section 4 above, and (b) re-affirms its obligations under the Guaranty and agrees that the same extends to the Lease, as hereby amended.

  • Sunnybrook of Muscatine Operator ARHC SMMTEIA01 TRS, LLC Manager Muscatine Care Properties LLC Affiliated Property Operator(s) Yes – All Operators listed above are Affiliated Property Operator(s) No Maximum Permitted Equipment Financing Two percent (2%) of the Outstanding Advance Amount.

Related to Property Operators

  • Property owners association" or "association" means an incorporated or unincorporated entity upon

  • Third Party Operator means a Customer who operates a terminal and/or handles Cargo at the Port independently to ABP, under ABP’s Port Approval; and

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.