Related Financed Property definition

Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which was financed by the Local Bond as part of the Project.
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Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which is being financed by this Agreement as part of the Project, and all of which constitutes a portion of the Leased Property.
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Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which was financed and refinanced by the Local Bond as part of the Project.
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Examples of Related Financed Property in a sentence

  • The Local Government shall comply with all lawful requirements of any governmental authority regarding the Leased Property and the Related Financed Property, whether now existing or subsequently enacted, whether foreseen or unforeseen or whether involving any change in governmental policy or requiring structural, operational or other changes to the Leased Property or the Related Financed Property, or both, irrespective of the cost of making the same.

  • At its own cost and expense the Local Government shall operate the Leased Property and the Related Financed Property in a proper, sound and economical manner in compliance with all legal requirements and shall maintain the Leased Property and the Related Financed Property in good repair and operating condition and from time to time shall make all necessary repairs, renewals and replacements.

  • The Local Government shall, at its sole cost and expense, obtain all permits, consents and approvals required by local, state or federal laws, ordinances, rules, regulations or requirements in connection with the acquisition, construction, equipping, occupation, operation or use of the Related Financed Property.

  • The Local Government shall comply with all lawful requirements of any governmental authority regarding the Related Financed Property, whether now existing or subsequently enacted, whether foreseen or unforeseen or whether involving any change in governmental policy or requiring structural, operational or other changes to the Related Financed Property, irrespective of the cost of making the same.

  • At its own expense the Local Government from time to time may make any renewals, replacements, additions, modifications or improvements to the Related Financed Property that the Local Government deems desirable, provided that any such renewal, replacement, addition, modification or improvement does not (i) materially reduce the value of the Related Financed Property or (ii) negatively affect the structural or operational integrity of any part of the Related Financed Property.

  • All such renewals, replacements, additions, modifications and improvements shall become part of the Related Financed Property.

  • The Local Government shall pay when due all taxes, fees, assessments, levies and other governmental charges of any kind whatsoever (collectively, the "Governmental Charges") which are (i) assessed, levied or imposed against the Leased Property or the Related Financed Property, or both, or the Local Government's interest in it, or(ii) incurred in the operation, maintenance, use and occupancy of the Leased Property or the Related Financed Property, or both.

  • The Local Government may grant easements, licenses or permits across, over or under parts of the Leased Property or the Related Financed Property, or both, for streets, roads and utilities as will not adversely affect the use of the Leased Property or the Related Financed Property, or both.

  • All such renewals, replacements, additions, modifications or improvements shall become part of the Leased Property or the Related Financed Property, as applicable.

  • The Local Government shall, at its sole cost and expense, obtain all permits, consents and approvals required by local, state or federal laws, ordinances, rules, regulations or requirements in connection with the acquisition, construction, equipping, occupation, operation or use of the Leased Property and the Related Financed Property.


More Definitions of Related Financed Property

Related Financed Property means the 2012 Financed Property and the 2019 Financed Property. "Related Supplemental Series Indenture" means, collectively, (i) the Twenty-First Supplemental Series Indenture of Trust dated as of June 1, 2012, between VRA and the Trustee and (ii) the Forty-Sixth Supplemental Series Indenture of Trust dated as of November 1, 2019, between VRA and the Trustee, both as modified, altered, amended and supplemented in accordance with its terms and those of the Master Indenture.
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Related Financed Property means the 2013A Financed Property and the 2018C Financed Property.
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Related to Related Financed Property

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

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

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

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

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

  • 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.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • 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.