Real Property Asset definition

Real Property Asset means, at any time of determination, any interest then owned by any Loan Party in any real property.
Real Property Asset means, at any time of determination, any fee ownership or leasehold interest then owned by any Credit Party in any real property.
Real Property Asset means, a parcel of real property, together with all improvements (if any) thereon, owned in fee simple or leased pursuant to an Eligible Ground Lease by any Person; “Real Property Assets” means a collective reference to each Real Property Asset.

Examples of Real Property Asset in a sentence

  • To the knowledge of the Responsible Officers of the Borrowers, no material casualty event has occurred with respect to the improvements located on any Real Property Asset listed as a Borrowing Base Asset on Part I of Schedule 5.12 which has not been (or, if applicable) will not be able to be) fully remediated with available insurance proceeds.

  • Approval to acquire existing real property must follow the requirements set forth in DOE Order 430.1C, Real Property Asset Management.I.D. ComplianceNoncompliance with legal requirements referenced in this policy could result in violations of the Anti-Deficiency Act (31 USC §§ 1341(a)(1)(A), 1341(a)(1)(B); and 1342, 1517(a)).v‌ II.

  • Real Property Management accountability requirements are specified in DOE Order 430.1C, Real Property Asset Management.

  • To the knowledge of the Responsible Officers of the Borrowers, no condemnation or condemnation proceeding has been instituted and remained undismissed for a period in excess of thirty (30) consecutive days, in each case, with respect to a material portion of any Real Property Asset listed as a Borrowing Base Asset on Part I of Schedule 5.12.

  • The Administrative Agent shall have received, in form and substance reasonably satisfactory to the Administrative Agent, each of the Borrowing Base Asset Deliverables with respect to each Real Property Asset set forth on Schedule 5.12 attached hereto and shall have approved each such Real Property Asset as a Borrowing Base Asset hereunder.


More Definitions of Real Property Asset

Real Property Asset means an asset from which income is, or upon completion expected by the Borrower to be, derived predominantly from contractual rent payments under leases with unaffiliated third party tenants, hotel operations, tradeshow operations or leasing commissions and management and development fees, and shall include those investments in mortgages and mortgage participations owned by the Borrower as to which the Borrower has demonstrated to the Administrative Agent, in the Administrative Agent’s reasonable discretion, that Borrower has control of the decision-making functions of management and leasing of such mortgaged properties, has control of the economic benefits of such mortgaged properties, and holds the right to acquire such mortgaged properties.
Real Property Asset means, a parcel of real or leasehold property, together with all improvements (if any) thereon (including all tangible personal property owned by the Person owning such real or leasehold property) owned in fee simple or leased pursuant to an Eligible Ground Lease by any Person. “Real Property Assets” means a collective reference to each Real Property Asset.
Real Property Asset means any one of them.
Real Property Asset means a real property asset owned by the Borrower, Kerrow or any of their respective Subsidiaries, as applicable, in fee simple or leased pursuant to a ground lease located in the United States and for retail use.
Real Property Asset means, at any time of determination, any fee ownership or leasehold interest owned by any Borrower in any real property.
Real Property Asset means, at any time of determination, any and all real property owned or leased by the Obligors and the Subsidiaries of the Obligors.
Real Property Asset means, a parcel of real or leasehold property located in the United States, together with all improvements (if any) thereon (including all tangible personal property owned by the person owning such real or leasehold property) owned in fee simple or leased pursuant to an Eligible Ground Lease by any Person. “Real Property Assets” shall mean, collectively, to all such Real Property Assets.