Licensed Real Property definition

Licensed Real Property means Leased Real Property subject to a Lease that is not a lease or sublease and that is a license, sublicense, concession or other similar Contractual interest in real property.
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Licensed Real Property has the meaning set forth in Section 3.14(c).
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Licensed Real Property means the real properties licensed under the Real Property Licenses.
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Examples of Licensed Real Property in a sentence

  • Heinzelman, Associate Date Licensed Real Property Appraiser Alabama Certificate #L12 H.J. Porter & Associates, Inc.

  • Subject to the terms and conditions of this Agreement, the Seller shall use commercially reasonable efforts to deliver, transfer and make available the tangible Acquired Assets (except for Acquired Assets that will remain at the Transferred Real Property or the Licensed Real Property) for pick-up by the Buyer or the Buyer’s common carrier (F.O.B. destination) no later than two (2) Business Days after the Closing Date.

  • With respect to the Acquired Assets that consist of tangible property or physical embodiments or electronic files or records, the delivery requirements under this Section 6.6(b) shall be satisfied if such Acquired Assets are on site at the appropriate Transferred Real Property or Licensed Real Property, as applicable, where they are to be utilized as of the Closing or such Acquired Assets that are stored electronically are made available to the Buyer electronically as of the Closing.

  • The Buyer will, at its sole expense and in accordance with the Real Estate License Agreement, cause all Acquired Assets located on the Licensed Real Property to be removed from the premises of the Seller Entities on or before the Real Estate Transition End Date.

  • The use of the Licensed Real Property for the purposes for which it is presently being used is permitted under applicable zoning requirements, and there is no deed, lease or other recorded or unrecorded restriction or legal impediment which prohibits or restricts the use of the Licensed Real Property for the current operations of Seller.

  • Seller has not received written notice of any pending or threatened condemnation, incorporation, annexation or similar proceeding with respect to the Licensed Real Property or any portion thereof.

  • Property Leased or Licensed Real Property Location and use of property Size (in sq/M) Term of lease Monthly rent payment including maintenance fee (in US$) Redwood, California- Group H.Q 1,072 Sq/M April 1,2005 - March 31, 2008 $21,349 First year $21,989.47 Second year $22,649.15 Third year Ra'anana, Israel R& D operation and management.

  • Schedule 5.1.12 indicates whether the Real Property is owned ("Owned Real Property") or leased or licensed ("Licensed Real Property").

  • Leased or Licensed Real Property Market/Division Site Address Atlanta 0000 Xxxxxxxx Xxxx, Xxxxxxx, XX Atlanta 000 Xxxxxxx Xxxx, Xxxxxx, GA Atlanta 0000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxx, XX Atlanta 000 Xxxxxxxx Xxxxxx XX, Xxxxx 0000, Xxxxxxx, XX Atlanta 000 Xxxxxxx Xxxxxx SW, Suite 107, Atlanta, GA Atlanta 0000 Xxxxxx Xxxxxxx Xxxx, Xxxxxxxx, XX Baltimore 0000 X.

  • Seller shall have delivered to Buyer consents and estoppel certificates from the landlords, licensors or other third parties, as applicable, under the leases and licenses included in the Leased and Licensed Real Property, respectively, in form and substance reasonably acceptable to Buyer.


More Definitions of Licensed Real Property

Licensed Real Property. As defined in Section 7.9(b).
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Licensed Real Property means the real property leased by the Group Companies, in each case as tenant.
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Licensed Real Property has the meaning set forth in SECTION 4.16(A).
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Licensed Real Property shall have the meaning set forth in Section 4.4(g).
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Licensed Real Property means the real property office space presently licensed by or subject to a licensing agreement by Seller as licensee.
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Related to Licensed Real Property

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • 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.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Licensed Property means the portion of the Software and the Documentation to which Customer has purchased a License as identified on an applicable Order. Licensed Property shall include any updates or upgrades to the Licensed Property that AvePoint may at its discretion deliver to Customer.

  • Licensed Site means a place in any authorised street at which street trading may be engaged in by a Licence Holder, and includes any temporary alternative place approved by the Council or a duly authorised Officer of the Council.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).

  • 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.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • 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.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Developed Land means non-vacant land that is likely to be redeveloped during the planning period.

  • Real Property Rights means all rights in or to real property (such as leasehold or other rights to use or access the Project Site), leases, agreements, Permits, easements, including licenses, private rights-of-way, and utility and railroad crossing rights required to be obtained or maintained by Owner in connection with construction of the Project on the Project Site, transmission of electricity to the Grid, performance of the Work, or operation of the Project.

  • Project Intellectual Property means any Intellectual Property created under, or otherwise in connection with the Project.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Licensed Intellectual Property means Intellectual Property licensed to the Company pursuant to the Company IP Agreements.

  • Licensee Improvements means any improvement, enhancement, modification, derivative work or upgrade to any of Licensor Patent Rights made, conceived, reduced to practice, affixed or otherwise developed by or on behalf of Licensee during the term of this Agreement and solely as exercised under the License.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • 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.

  • Company Licensed Intellectual Property means all Intellectual Property that is licensed to the Company by any third party.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.