TYPE 5 PROPERTIES definition
TYPE 5 PROPERTIES means all right, title and interest of the Type 5 Investors in and to the net profits interests conveyed by the conveyances listed on Schedule B hereto.
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Related to TYPE 5 PROPERTIES
Subject Properties has the meaning specified in Section 5.13(a).
Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.
Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.
Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.
Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.