Storage Property definition

Storage Property means a Property primarily operated as a self-storage facility.
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Storage Property means each parcel of real property owned by the Borrower, the General Partner or any of their Subsidiaries and upon which there is located a self-storage facility.
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Storage Property a self-storage facility owned and operated by the Borrower or any of its Subsidiaries.
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Examples of Storage Property in a sentence

  • All asset and property management fees payable to Strategic Storage Advisor II, LLC or Strategic Storage Property Management II, LLC or their affiliates or any successor thereof shall be subordinated to the Loans.

  • Any excess soil that is removed from the Poinciana Storage Property that will not fit in the designated Soil Bank Area and in the aforedescribed berm will be trucked away or stored on Poinciana Storage Property at no cost to Poinciana.

  • Self Storage and its successors or assigns shall be solely responsible for the construction of the storm water storage, treatment and conveyance facilities within the Poinciana Storage Property with sufficient capacity to convey the pre- development storm water discharge from the Poinciana Property onto the Poinciana Storage Property.

  • If Self Storage is allowed to put separate signage on the Poinciana Storage Property which reduces the allowed signage in the Easement Area, then Poinciana’s share of the signage in the Easement Area shall increase to accommodate for any loss of total signage.

  • Self Storage, at Self Storage’s expense, may relocate or reconfigure the storm water conveyance facilities in the Poinciana Storage Property to any other location on the Poinciana Storage Property so long as after the relocation there is still access to the storm water conveyance facilities on the Poinciana Storage Property from the Poinciana Property.

  • In the event the closing contemplated in the Contract does not take place for any reason, then this Agreement shall become null and void and of no further effect and shall not burden any portion of the Easement Area, the Poinciana Property, the Poinciana Storage Property or the Soil Bank Area.

  • The rights and benefits created by this Agreement in favor of Self Storage shall run with the title to the Poinciana Storage Property and inure to the benefit of Self Storage and Self Storage’s successors, assigns and successors in title to the Poinciana Storage Property.

  • Seller is currently subleasing the entirety of the Battery Storage Property from Magnolia’s tenant.

  • Poinciana agrees to place a lien on the Poinciana Property benefitting the Poinciana Storage Property for its $25,000.00 share of the access road construction, but only after the access road is constructed and accepted by Osceola County.

  • Loan No. Property Name Description of Exception ------------------------ -------------------------------- ------------------------------------------------------------ 33878 Sovran Self Storage Property Carrier is ▇▇▇▇ and ▇▇▇▇▇▇▇, rated BBB by S&P and A-X by A.M.


More Definitions of Storage Property

Storage Property. The approximately 25 hectares real property located adjacent to the Friesau sawmill owned by ALPHA Privatstiftung, Vienna, as described in the Storage Property Agreement;
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Storage Property means a Property primarily operated as a self-storage facility. ​
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Related to Storage Property

  • 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.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.

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

  • 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.