Target Property definition

Target Property. As defined in Section 18.3.

Target Property shall have the meaning given such term in Section 4.25.

Target Property has the meaning set out in Section (x) of Schedule F.

Examples of Target Property in a sentence

• TC1-7A2 shall also be responsible for certain outgoings and expenses (e.g. costs and expenses in relation to maintenance and repairs of structural parts of the TC1-7A2 Target Property and property insurance).

• Warehouse Co (TC1-A) shall also be responsible for certain outgoings and expenses (e.g. costs and expenses in relation to maintenance and repairs of structural parts of the TC1-A Target Property and property insurance).

• The guaranteed gross revenue was determined after arm’s length negotiations between the parties with reference to the estimated rate of occupancy and/or usage of the TC1-A Target Property in the three years after the commencement of the TC1-A Warehouses Management Agreement, and the estimated market rental and other revenue to be generated from such occupancy and/or usage of the TC1-A Target Property.

• The guaranteed gross revenue was determined after arm’s length negotiations with reference to the estimated rate of occupancy and/or usage of the TC1-B Target Property in the three years after the commencement of the TC1-B Warehouses Management Agreement, and the estimated market rental and other revenue to be generated from such occupancy and/or usage of the TC1-B Target Property.

• KWHK shall be responsible for government rent and rates in respect of the TC1-B Target Property, management fees in respect of the TC1-B Target Property (currently at the rate of HK$1.40 to HK$1.50 per month for each management share allocated to TC1-B Target Property), fitting out costs, utility expenses and expenses for upkeep of the TC1-B Target Property and all other estate agent commissions except Warehouse Co (TC1-B)’s share as described in paragraph (ii) above.

More Definitions of Target Property

Target Property has the meaning set forth in Section 2.2.

Target Property means any real property and improvements owned (directly, indirectly, or beneficially), leased, used, operated or occupied by Target or its Subsidiaries.

Target Property means real estate currently owned, leased, or otherwise used by Target or Target Bank, or in which Target or Target Bank has an investment or security interest by mortgage, deed of trust, sale and lease-back or otherwise, including without limitation, properties under foreclosure and properties held by Target or Target Bank in its capacity as a trustee or otherwise

Target Property means all real property --------------- leased or owned by Target or any Target Subsidiaries either currently or in the past.

Target Property the property named Xxxxxx Xxxxxxxx Industrial Building (南海意庫夢工場大廈) located in Xxxxx Xxxxxxxxxx Xxxx, Xxxxxxx Xxxxxxxx, Xxxxxxxx, Xxxxxxxxx Xxxxxxxx, which is developed by Shenzhen Jinyu “%” per cent. For reference only, an exchange rate of HK$1.00 to RMB0.8610 has been used for the conversion of Renminbi into Hong Kong dollars in this announcement. By Order of the Board China Merchants Port Holdings Company Limited Xx Xxxxxxxx Chairman Hong Kong, 28 October 2016

Target Property or “Target Properties” means, collectively, the Merger Properties, NPI Exchange Properties and Purchase Properties.

Target Property means any property or assets (whether real, person, or mixed, tangible or intangible, of Target.