Similar Property definition

Similar Property means a full-service, retirement community offering the continuum of care, that is, independent living (predominantly) accommodations, assisted living accommodations, licensed nursing accommodations and associated community, recreational and health care services.
Sample 1Sample 2
Similar Property means a then-existing full service retirement community offering the full care continuum of independent living (predominantly), assisted living, and health care services, and "Assisted Living Facility" means a retirement community or facility dedicated in its entirety to assisted living accommodations and services, Alzheimer's facilities and nursing care facilities, so long as the Alzheimer's and nursing care facilities constitute less than half of such community or facility.
Sample 1Sample 2
Similar Property means a full-service, retirement community offering the ---------------- continuum of care, that is, independent living (predominantly) accommodations, assisted living accommodations, licensed nursing accommodations and associated community, recreational and health care services.
Sample 1

Examples of Similar Property in a sentence

  • Failure to deliver such notice in a timely manner will terminate Crestline's rights hereunder as to the Similar Property in question.

  • In connection with its acquisition of a Similar Property in accordance with this Section 3.2, Crestline will cause the owner of such Similar Property to enter into an operating agreement with MSLS having terms substantially similar to a Forum Operating Agreement.

  • All of Seller's inventory used to produce cast iron and cast aluminum cookware (including raw materials, work-in-process, finished goods and parts) and supplies used or held for use in connection with the Business, wherever located; (c) Books, Records, Drawings and Similar Property.

Related to Similar Property

  • DOCPROPERTY SWDocID" #4870-7680-5924v2" ""

  • New property means (i) the assessed value, after final

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Assets means all properties, rights, contracts, leases and claims, of every kind and description, wherever located, whether tangible or intangible, and whether real, personal or mixed.

  • Material Assets means with respect to any Person all material interests in any kind of material property or asset, whether real, personal or mixed, or tangible or intangible.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • 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.

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Subject Assets is defined in Section 2.2(c).

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Principal Property means any manufacturing plant or manufacturing facility, located within the United States of America (other than its territories and possessions), owned or leased by the Company or any Restricted Subsidiary, unless, in the opinion of the Board of Directors, such plant, facility or property is not of material importance to the total business conducted by the Company and its Restricted Subsidiaries as an entirety.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Residential property means improved property that:-

  • Participating Property means Development.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).