Substitute Property definition

Substitute Property shall have the meaning set forth in Section 2.6 hereof.
Substitute Property and “Substitute Properties” shall have the respective meanings set forth in Section 2.4.2(a).
Substitute Property shall have the meaning set forth in Section 2.7(a) hereof.

Examples of Substitute Property in a sentence

  • Notwithstanding anything to the contrary contained herein, if at any time Substitute Property is to be pledged as a Mortgaged Property hereunder, the Administrative Agent shall not enter into, accept or record any Mortgage in respect of such Substitute Property until the Administrative Agent shall have received written confirmation from each Lender (which may be delivered via electronic mail) that flood insurance compliance has been completed by such Lender with respect to such Substitute Property.


More Definitions of Substitute Property

Substitute Property means one or more parcels of real estate substituted for any of the Properties in accordance with the requirements of Section 57, together with all rights, privileges and appurtenances associated therewith, and all buildings, structures, fixtures and other improvements located thereon. For purposes of clarity, where two or more parcels of real property comprise a Substitute Property, such parcels shall be aggregated and deemed to constitute the Substitute Property for all purposes of this Lease.
Substitute Property means a multifamily housing project that is substituted for a Project pursuant to Section 3.19.
Substitute Property means one or more parcels of real estate substituted for any of the Properties in accordance with the requirements of Section 55, together with all rights, privileges and appurtenances associated therewith, and all buildings, structures, fixtures (but not trade fixtures) and other improvements located thereon (excluding Personalty). For purposes of clarity, where two or more parcels of real property comprise a Substitute Property, such parcels shall be aggregated and deemed to constitute the Substitute Property for all purposes of this Lease.
Substitute Property and “Substitute Properties” – 2.4.3(a)
Substitute Property means an Eligible Property that is substituted for a Replaced Property under Section 2.4.3(a) or Section 2.11, as applicable.
Substitute Property shall have the meaning assigned to such term in Section 9.21.
Substitute Property and “Substitute Properties” shall have the respective meanings set forth in Section 11.29.