Property Borrower definition

Property Borrower means each Borrower who owns or leases a Collateral Pool Property.
Property Borrower. TNP SRT Northgate Plaza Tucson, LLC 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: Xxxxx Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000
Property Borrower. TNP SRT San Jacinto, LLC 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: X.X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Secured Holdings: TNP SRT Secured Holdings, LLC 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: X.X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 OP: TNP Strategic Retail Operating Partnership, LP 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: X.X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Xxxxxx: TNP SRT Xxxxxx Marketplace, LLC 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: X.X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 REIT: TNP Strategic Retail Trust, Inc. 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, XX 00000 Attention: X.X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Agent: KeyBank National Association 000 Xxxxxxxx Xxxxxx, 00xx Xxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Xxxxxxxxxxx X. Xxxx, Senior Relationship Manager Telephone (000) 000-0000 Facsimile (000) 000-0000 with a copy (which shall not constitute notice) to: Xxxxxxx Xxxxxx Xxxxxx & Dodge LLP 0000 Xxxxxxxxx Xxxxx Xxxxxxxxxx, XX 00000 Attention: Xxxx X. XxXxxx, Esq. Telephone (000) 000-0000 Facsimile (000) 000-0000 or at such other address as the party to be served with notice may have furnished in writing to the party seeking or desiring to serve notice as a place for the service of notice.

Examples of Property Borrower in a sentence

  • If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes.

  • If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower’s obligation for the completion of such repair or restoration.

  • Whether or not Borrower is residing in the Property, Borrower must maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition.

  • If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower remains obligated to complete such repair or restoration.

  • If insurance or condemnation proceeds are paid to Lender in connection with damage to, or the taking of, the Property, Borrower will be responsible for repairing or restoring the Property only if Xxxxxx has released proceeds for such purposes.

  • Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition.

  • Subject to Section 5.03 above, prior to accepting any Bona Fide Offer to purchase the Property, Borrower shall notify County Board of such Bona Fide Offer and deliver a copy thereof (“Notice of Bona Fide Offer”).

  • If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration.

  • If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower’s obligation for the completion of such repair or restoration.Lender or its agent may make reasonable entries upon and inspections of the Property.

  • Whether or not Borrower is residing in the Property, Borrower must maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition.Lender may make reasonable entries upon and inspections of the Property.


More Definitions of Property Borrower

Property Borrower means, individually and collectively, as the context may require, any Mortgage Borrower and Non-Mortgage Borrower. For the avoidance of doubt, if and to the extent a provision hereunder suggests that any term or condition of the Mortgage Loan Agreement would be applicable to a Non-Mortgage Borrower, such provision shall be interpreted to be solely applicable to a Mortgage Borrower.

Related to Property Borrower

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Borrower as defined in the preamble hereto.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Domestic Loan Parties means the Domestic Guarantors.

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Foreign Borrower has the meaning specified in the introductory paragraph hereto.

  • Loan Party means any one of them.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.