Remaining Property definition

Remaining Property shall have the meaning set forth in Section 2.10 hereof.

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Remaining Property shall have the meaning set forth in Section 2.5.2(a)(viii).

Remaining Property has the meaning specified in the definition of “Collateral Substitution Test”.

Examples of Remaining Property in a sentence

• For purposes of triggering the Right of First Refusal, an offer to enter into a transaction that will result in a Change of Control shall constitute an offer to purchase the Remaining Property.

• In the event that Buyer does not so exercise its rights to purchase the Remaining Property, Seller may convey the Remaining Property pursuant to the Refusal Notice Documentation free and clear of the Right of First Refusal which shall be deemed terminated.

• Seller grants Buyer thirty (30) days after the giving of the Refusal Notice Documentation to Buyer to deliver notice to Seller that Buyer elects to purchase the Remaining Property from Seller pursuant to the same terms and conditions set forth in the Refusal Notice Documentation (hereinafter referred to as the “Right of First Refusal”).

• If, at any time during the ten (10) year period following the Closing Date, Seller receives a bona fide third-party offer to purchase all or any portion of the Remaining Property, which offer Seller desires to accept, Seller shall deliver notice to Buyer of such offer together with, in all instances, copies of all documentation pertaining thereto (hereinafter referred to as the “Refusal Notice Documentation”).

• In the event that the terms and conditions of the offer to purchase the Remaining Property change or if Buyer does not so exercise its rights to purchase the Remaining Property and the sale thereof does not close within one hundred and eighty days (180) of delivery of the Refusal Notice Documentation to Buyer, then the Remaining Property shall again be subject to the Right of First Refusal.

More Definitions of Remaining Property

Remaining Property shall have the meaning set forth in Section 2.4 hereof.

Remaining Property means that portion of the Property which will remain encumbered by the lien(s) of the Security Instrument(s) following a release in connection with a partial defeasance in accordance with Section 2.5.1(b) hereof.

Remaining Property means, collectively, the Properties encumbered by the Remaining Mortgages.

Remaining Property means all of the property of the Trust other than the Special Voting Shares and the Golden Share;

Remaining Property means the applicable portion of the Property remaining subject to the Lien of the Security Instrument after the Partial Release Event related to the Commercial Property and/or the ACL Music Venue Property, which is completed in accordance with Section 2.4.

Remaining Property has the meaning set forth in Section 2.6(2)(k).

Remaining Property is defined in Recital B.