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

• EO 13327 “Federal Real Property Asset Management” was created to promote efficient and economical use of the Federal Government’s real property assets.

• H.50 Real Property Asset Management‌(a) The Contractor shall comply with Departmental requirements and guidance involving the acquisition, life cycle management, maintenance, disposition, or disposal of real property assets to ensure that real property assets are available, utilized, and in a suitable condition to accomplish DOE’s missions in a safe, secure, sustainable, and cost‐effective manner.

• A non-confidential marketing brochure for each Real Property Asset describing the opportunity to acquire each Real Property Asset (each, a “ Brochure”) will be made available by the Broker to all Known Sub-Portfolio Buyers and Local Brokers as soon as practicable following November 30, 2021 (or such earlier date that the Receiver deems appropriate, in consultation with the Broker).

• This investment fully supports the President’s Management Agenda, specifically the investment supports the Real Property Asset Management Plan and the Budget and Performance Integration Initiatives by providing the capital assets to meet the BOP's long range prison capacity and the system-wide performance measures/goals included in the Federal Prison System budget.

• Executive Order 13327, “Federal Real Property Asset Management,” 69 Federal Register 5897, February 4, 2004.

More Definitions of Real Property Asset

Real Property Asset means, at any time of determination, any interest then owned by any Borrower in any real property.

Real Property Asset means a parcel of real property, together with all improvements (if any) thereon, including any Facility, owned in fee simple by a Borrower.

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, at any time of determination, any and all real property owned or leased by the Loan Parties.

Real Property Asset means, at any time of determination, any fee ownership or leasehold interest owned by any Borrower in any real property.