Specified Real Estate definition

Specified Real Estate means, parcels of real property owned by any Loan Party with a Fair Market Value of greater than $3,000,000, as reasonably estimated in good faith by the Borrower.

Specified Real Estate means the Canal Development Mortgaged Property and the Fultxx Xxxelopment Mortgaged Property.

Specified Real Estate means (a) each owned real property of any Loan Party or a Subsidiary listed on Schedule 1.01(b) as of the Restatement Effective Date and (b) any other real property that is owned by any Loan Party or Subsidiary at any time after the Restatement Effective Date.

Examples of Specified Real Estate in a sentence

• It is the Investment Corporation’s asset investment policy to make an investment, so that the ratio of the aggregate value of the Specified Real Estate, as defined below, to the aggregate value of the Specified Assets is at least 75%.

• The Specified Real Estate shall mean, among the Specified Assets, the real estate, leaseholds of real estate, surface rights or the beneficiary rights of trusts for ownership of real estate, leaseholds of land or surface rights.

• As its investment policy, the Investment Corporation shall ensure that the total amount of Specified Real Estate (this means the Specified Assets acquired by the Investment Corporation that are real estate, real estate leasehold rights or surface rights, or the beneficiary interest of a trust having as trust assets real estate ownership, land leasehold rights, or surface rights) accounts for at least 75% of the total amount of Specified Assets held by the Investment Corporation.

• The Investment Corporation shall ensure that the total amount of Specified Real Estate (this means the Specified Assets acquired by the Investment Corporation that are real estate, real estate leasehold rights or surface rights, or the beneficiary interest of a trust having as trust assets real estate ownership, land leasehold rights or surface rights; the same shall apply to Paragraph 2) accounts for at least 75% of the total amount of Specified Assets held by the Investment Corporation.

• The Investment Corporation aims to maintain the ratio of the aggregate value of the Specified Real Estate (i.e., the real estate, leaseholds of real estate or surface rights, or the beneficial interests of trusts formed by entrustment of ownership rights of real estate, leaseholds of land or surface rights) to the aggregate value of the Specified Assets held by the Investment Corporation (the “ Specified Real Estate Ratio”) at not less than 75%.

More Definitions of Specified Real Estate

Specified Real Estate means the real property owned by Argo-Tech Corporation (HBP) on the Issue Date.

Specified Real Estate means the real estate listed on Schedule 1.01(c) (and the related improvements). "Spin-Off Agreements" means (a) that certain Distribution and Transfer Agreement dated as of October 26, 1993, among the Borrower, Holdings and Plainbridge, (b) that certain Distribution and Transfer Agreement dated as of May 3, 1993, among the Borrower, Supermarket Holdings and Chefmark, (c) that certain Tax Indemnity Agreement dated as of October 26, 1993, between the Borrower and Plainbridge, (d) that certain Tax Sharing Agreement dated as of October 26, 1993, between the Borrower and SMG-II Holdings, (e) that certain Logistical Services Agreement dated as of October 26, 1993, between the Borrower and Plainbridge, (f) that certain Xxxxx Services Agreement dated as of October 26, 1993, between the Borrower and Plainbridge, (g) that certain Xxxxxx Services Agreement dated as of October 26, 1993, between the Borrower and Plainbridge, (h) that certain Chefmark Services Agreement dated as of May 3, 1993, between the Borrower and Chefmark, and (i) that certain letter agreement dated as of May 3, 1993 between the Borrower and Chefmark filed as Exhibit 10.5 to the Registration Statement of the Borrower and Supermarket Holdings (Registration No. 33-59616) filed with the Securities and Exchange Commission on March 16, 1993, as amended by Amendment No. 1 to Post-Effective Amendment No. 1

Specified Real Estate means the parcels of real property owned by the Company commonly known as 0 Xxxxx Xxxxx (designated Parcel VII in [insert reference to description of this property]) and Xxxxxx Mall (designated Parcels I, III, V and VI of [insert reference to description of this property]).

Specified Real Estate means any fee-owned real property of a Credit Party with a value in excess of $2,000,000.

Specified Real Estate means the real estate owned by Argo-Tech Corporation (HBP) as of the Effective Date identified on Schedule 6.05.

Specified Real Estate means certain office buildings located at 2100 and 0000 Xxxxxxx Xxxx, Charlotte, NC, which were purchased by Xxxxxxx Office Holdings, LLC, a Subsidiary of the Borrower, on or about December 28, 2016 and which are intended to be used as office space by the Parent and its Subsidiaries.

Specified Real Estate means the tracts or parcels of land listed on Schedule 4.11 and marked with an asterisk, together with all buildings, structures, fixtures and improvements located thereon or relating thereto, owned or leased by any member of the Del Monte Group.