WT Property definition

WT Property means the Personal Property located on or relating to the WT Real Property or the Business being conducted at the WT Real Property as of the date hereof and the Closing Date, including but not limited to the property described on Schedule 2.5, but not including any of the Excluded Assets or the Pass Through Assets.
Sample 1
WT Property means a leasehold interest existing pursuant to the WT Lease covering a certain tract of land in Houston, Texas commonly known as the "Westheimer Triangle", a fifty percent (50%) undivided interest in which leasehold is owned by GL and a fifty percent (50%) undivided interest in which leasehold is owned by GDHI, containing 3.799 acres, more or less, as more particularly described at Exhibit A-4, together with the retail center and all other improvements constructed thereon and all right, title and interest of GL and GDHI with respect to the interest described in this definition.
Sample 1

Examples of WT Property in a sentence

  • WTP and Seller have reached an agreement in principle to sell the WT Property, which is being renovated to include an Alzheimer's Care Unit, to Woodside Advanced Senior Care, Inc., a California nonprofit public benefit corporation (the "WT Buyer"), for $39,400,000, with Seller remaining as manager of the WT Property under a modified management agreement.

  • W-T Property Owners are encouraged to vote in person or by ballot in order to personally participate directly in community decisions.

  • Any amendment to the R & Rs governing the W-T Section of the Carolina Trace Subdivision shall be prepared by the Secretary so as to contain the voting procedure followed and the language of the amendment per the W-T R & Rs shall be duly certified, executed and acknowledged on behalf of the POA by the President or Vice-President of W-T Property Owners Association and recorded in the Lee County Registry.

  • LRFFT practices in Solomon Islands have involved intensive fishing effort, concentrated on seasonal spawning aggregations.

  • Summary report Diamond Drill program 1984 – WT Property, Ryan Energy Corporation Limited.

  • From and after the Closing, and pending satisfaction of the WT Property Sale Conditions or earlier abandonment of the WT Transaction, Seller will remain as manager under the WT Management Agreement and will be entitled to all fees payable thereunder.

  • Upon satisfaction of the WT Property Sale Conditions, the Escrow Holder will distribute (i) to WTP and Seller, their respective WT Allocated Amounts, and (ii) to Buyer, the WT Rights Assignment and the interest on the WT Allocated Amount.

  • A portion of the purchase price for the WT Property will be paid by delivery to WTP of the Issuer's Senior Living Facilities Revenue 1998 Note (Woodside Terrace) for $3,500,000 (the "WT Deferred Purchase Price Note").

  • WT shall sell, convey, assign, transfer and deliver to Purchaser and Purchaser shall purchase, acquire and accept from WT, the WT Property, for the purchase price of $16,194,450.00.

  • From and after the Effective Date, Seller and Buyer will cooperate with the WT Buyer, the Issuer and the other parties to the WT Transaction to modify all applicable documents to disclose that, at the closing of the sale of the WT Property, Buyer will replace Seller as the manager under the WT Management Agreement, as modified in connection with the WT Transaction, and as the lender under the WT Working Capital Loan.

Related to WT Property

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Vacant Property means, individually, and “Vacant Properties” means, collectively, the Properties listed on Schedule XI attached hereto which are not leased to or occupied by any Tenant as of the Cut-Off Date.

  • Relevant Property means property of a kind affected by the transfer order, whether it is an estate or interest in land or any other property.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • 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.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Excepted Property The meaning assigned in the Granting Clauses hereof.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

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  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • 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.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • Personal Property Collateral means all Collateral other than Real Property.

  • 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.

  • movable property means property of every description except immovable property;

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.