Replaced Property definition

Replaced Property shall have the meaning provided in Section 2.3.5(a).

Replaced Property means any Released Property for which the Company has substituted Replacement Property during the term hereof pursuant to Section 5.01(e) hereof.

Replaced Property. The new replacement property is automatically covered as insured property of the certificateholder for the remainder of the certificate period.

Examples of Replaced Property in a sentence

• If the Arbitrators (or Arbitrator, pursuant to subsection (5), above) determine that the fair market value of the Replacement Property is less than the fair market value of the Replaced Property, then Landlord shall be deemed the “Winning Party” under this subsection (6) and Tenant shall be deemed the “Losing Party” under this subsection (6).

• If the Arbitrators (or Arbitrator, pursuant to subsection (5), above) determine that the fair market value of the Replacement Property is equal to or greater than the fair market value of the Replaced Property, then Tenant shall be deemed the “Winning Party” under this subsection (6) and Landlord shall be deemed the “Losing Party” under this subsection (6).

• Implementation of enforcement measures by United States in 2000s had little effective in reducing tax evasion by corporations with owners from corrupt countries.

• Landlord shall convey fee simple insurable title to the Replaced Property to Tenant “as-is” by special or limited warranty deed, subject to all matters of record (except for the Mortgage, if any, corresponding to the Site to be replaced and all other matters to which Tenant has consented to or for which Tenant is obligated to satisfy under the terms of this Lease, and without representation or warranty.

• Without limitation, Tenant shall be responsible for all Additional Rent (including real property taxes) regarding the Replaced Property up to the date of transfer.

More Definitions of Replaced Property

Replaced Property means either a Disqualified Property that is replaced with a Substitute Property under Section 2.4.3(a) or any other Property that is replaced with a Substitute Property under Section 2.11.

Replaced Property means the property was:

Replaced Property. Any Fixtures or Personal Property that from time to time are replaced, pursuant to Section 9.1.5 hereof, after the date of this Lease.

Replaced Property shall have the meaning assigned to such term in Section 9.21.

Replaced Property is defined in Section 31.01.

Replaced Property shall have the meaning set forth in Section 2.10 hereof.

Replaced Property means real property taken.