Rejected Property definition

Rejected Property means, collectively, the Station Properties rejected (a) by Buyers and removed from the Assets pursuant to the terms and conditions of this Agreement, including Section 5.4(d) , Section 5.5(d) , Section 5.6(b) , Section 5.6(c) , Section 5.9(a) , Section 5.9(b) , Section 5.9(c) , Section 6.8(b) or Section 6.9 (b) by Sellers and removed from the Assets pursuant to the terms and conditions of this Agreement, under Section 5.5(d) or Section 5.18 , or (c) if a third party exercises a ROFR in respect of any Real Property, and removed from the Assets pursuant to the terms and conditions of this Agreement, under Section 5.6(e) .
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Rejected Property has the meaning set forth in Section 2.1(a).
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Rejected Property means, collectively, the Station Properties rejected (a) by Buyers and removed from the Assets pursuant to the terms and conditions of this Agreement, including Section 5.4(d), Section 5.5(d), Section 5.6(b), Section 5.6(c), Section 5.9(a), Section 5.9(b), Section 5.9(c), Section 6.8(b) or Section 6.9 (b) by Sellers and removed from the Assets pursuant to the terms and conditions of this Agreement, under Section 5.5(d) or Section 5.18, or (c) if a third party exercises a ROFR in respect of any Real Property, and removed from the Assets pursuant to the terms and conditions of this Agreement, under Section 5.6(e).
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Examples of Rejected Property in a sentence

  • Buyers shall transfer and convey to Sellers all such Fuel Inventory, Non-Fuel Inventory and Petty Cash in respect of such Rejected Property upon receipt of such payment in accordance with this Section 2.5(f) .

  • OTS or (as the case may be) the President of the New Zealand Institute of Valuers (or his or her nominee), must immediately request the independent person appointed under clause 8.5.3 or clause 8.5.4 to give his or her determination of the Adjusted Transfer Value for each Rejected Property in respect of which there was no agreement under clause 8.5.4, by the date referred to in that clause.

  • In the case of a Rejected Property, the Administrative Agent shall promptly notify the Borrower and the Initial Lenders and the consideration by the Administrative Agent and the Lenders of such Property shall cease.

  • If Buyers determine to sell, divest or dispose of a Station Property pursuant to this clause (d) , Sellers may designate such Station Property as a Rejected Property and the Purchase Price shall be adjusted by the Assigned Drop Value assigned to such Station Property and the Station Property shall be treated as a Rejected Property for all purposes under this Agreement.

  • Any Vendor Agency may sell any Rejected Property after the Final Selection Date.

  • Sample collection and preservation will be conducted in accordance with the Cyanobacteria SOP (KBGAWG 2009).

  • References to the Crown are deemed, in respect of each Rejected Property and where the context permits, to be references to the Vendor Agency which owns the Rejected Property at the date of this Deed.

  • A Vendor Agency shall not sell any Rejected Property (other than an Available Crown Forestry Asset) otherwise than in accordance with this clause 8.4. This clause 8.4 does not apply to any sale of an Available Crown Forestry Asset.

  • For the avoidance of doubt, Sellers shall also be entitled to, in their sole discretion, consent to any other Remedial Action with respect to any Station Properties designated as Rejected Properties under this Section 5.4(d) ; provided that, if Sellers do not consent to any such Remedial Action, then Buyers may, in their sole discretion, remove such Station Property as a Rejected Property.


More Definitions of Rejected Property

Rejected Property means, collectively, the Station Properties rejected by Buyers and removed from the Assets pursuant to the terms and conditions of this Agreement, including Section 2.8(b), Section 5.6(c), Section 5.7(b), Section 5.7(c), Section 5.7(e), Section 5.8(a), Section 6.6(b)(ii) and Section 6.7.
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Rejected Property shall have the meaning ascribed thereto in Section 10.3 of this Agreement.
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Rejected Property has the meaning set forth in Section 4.9. 6629923v2
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Rejected Property means any of the Properties for which the relevant Purchase and Sale Agreement is terminated by Patriot OP pursuant to Section 2.4(a) thereof and, upon the rejection of a Property, this Agreement shall be inapplicable to such Rejected Property except as set forth in Section 6.10.
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Related to Rejected Property

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.

  • Blighted property means property that meets any of the following criteria:

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • 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.

  • Excepted Property has the meaning specified in the granting clauses of this Indenture.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • 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.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Abandoned property means personal property left by an owner who intentionally

  • New property means (i) the assessed value, after final

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

  • Excluded Asset Disposition means an Asset Disposition permitted pursuant to Section 7.05 other than Asset Dispositions pursuant to Sections 7.05(vii), (xiii), and (xv).

  • Distributed Property shall have the meaning specified in Section 14.04(c).

  • Reconstructed vehicle means every vehicle of a type required to be registered under this title

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.