Released Properties definition

Released Properties means, collectively and individually, the properties commonly referred to by Borrowers and Lender as “Crotched Mountain”, “Hidden Valley”, “Snow Creek”, “Paoli Peaks”, and “Mount Attitash”, each of which are owned by a Guarantor as of the Effective Date.
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Released Properties means each of the real properties described on Schedule 1.1(A) attached hereto, which real properties have been or are to be released from the Liens of the Administrative Agent created by the Mortgages in connection with the execution of the First Amendment.
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Released Properties means Avenel I, Avenel II, ------------------- Avenel III, Leesburg Pike, Xxx Xxxx, Village Center at Sully Station and Lumberton.
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Examples of Released Properties in a sentence

  • The Successor Agency shall provide the County a written request for the partial release of each of the Released Properties.

  • Successor Agency shall pay all escrow fees and recording charges incurred in connection with the partial reconveyance of the Released Properties.

  • For the avoidance of doubt, AFOP or an Affiliate may elect to make a capital contribution to one or more Issuers for the purposes of paying the applicable Series Collateral Release Price and the related Released Properties may be distributed by the applicable Issuer to AFOP or an Affiliate.

  • Peak Resorts shall not, nor shall its Subsidiaries, for a period of one (1) year following the Effective Date sell, transfer, convey or enter into any sales contract, option to purchase, or similar agreement with respect to any of the Released Properties.

  • The Borrowers agree to pay all reasonable out of pocket costs and expenses of the Administrative Agent in connection with the preparation, execution and delivery of this Amendment and the releases of the Liens affecting the Released Properties, including without limitation the reasonable fees and expenses of counsel to the Administrative Agent.

  • Xxxxxx Xxx and Lender hereby consent to the release from the Collateral Pool of the Released Properties, so that from and after the date hereof, Exhibit A of the Master Agreement is hereby amended to remove the Released Properties as Mortgaged Properties under the Collateral Pool.

  • By its signature below, the Administrative Agent and each Lender release (i) the Specified Released Properties as Eligible Properties under the Credit Agreement and (ii) the Specified Released Guarantors from their obligations as Guarantors under the Credit Agreement (collectively, the “Specified Releases”).

  • The Corporation is exempt from income taxes under Section 149(1)(l) of the Income Tax Act (Canada) as a not- for-profit organization.

  • The Chief Officer (Organisational Change 1) explained that learning had been developing for all stakeholders as the schemes progressed and areas where improvement was required were acknowledged and would be addressed to ensure a “smoother” transition in the future.

  • Borrower may exercise the foregoing Release at one time by releasing the two Released Properties identified above in (ii), or on two occasions by releasing one Released Property on each Release occasion.


More Definitions of Released Properties

Released Properties means Borrower's right, title and interest in and to Brazos Block 000, Xxxx Xxxxxxx Xxxxx 000, Xxxx Xxxxxxx Xxxxx 432 and West Cameron Block 263, as such Properties are more fully described on that certain Act of Partial Release executed by Lender dated of even date with the Second Amendment.
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Released Properties has the meaning set out in Section 15(b). (bbb) “Relinquishment Event” has the meaning set out in Section 15(b). (ccc) “Repurchase” has the meaning set out in Section 5(a). (ddd) “Repurchase Closing Date” has the meaning set out in Section 5(b).
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Released Properties means those Properties set forth on the Released Properties List.”
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Related to Released Properties

  • Released Property means any portion of the Project removed, scrapped, traded in, sold, or otherwise disposed of pursuant to Section 4.03 hereof, any portion of the Project stolen, damaged, destroyed, or taken by condemnation or eminent domain proceedings as described in Article VII hereof, and any infrastructure which the Company dedicates to the public use (within the meaning of that phrase as used in Section 12-6-3420(C) of the Code).

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Release Property shall have the meaning set forth in Section 2.6 hereof.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • hazardous properties include radioactive, toxic or explosive properties; “nuclear material” means source material, special nuclear material or byproduct material; “source material”, “special nuclear material”, and “byproduct material” have the meanings given them in the Atomic Energy Act of 1954 or in any law amendatory thereof; “spent fuel” means any fuel element or fuel component, solid or liquid, which has been used or exposed to radiation in a nuclear reactor; “waste” means any waste material (1) containing byproduct material other than the tailings or wastes produced by the extraction or concentration of uranium or thorium from any ore processed primarily for its source material content and (2) resulting from the operation by any person or organization of any nuclear facility included under the first two paragraphs of the definition of nuclear facility; “nuclear facility” means

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.