Examples of Portfolio Property in a sentence
If proceeds of the Portfolio Property in respect of a Series are insufficient to make payments on the Notes of that Series, no other assets will be available for payment of the deficiency, and following liquidation of the Portfolio Property, the obligations of the Issuer to pay such deficiency will be extinguished.
Hungarian Real Estate Development Award of Excellence” competition, while it won 1st prize in “Office” category.• On November 22, 2018 on Portfolio Property Conference based on the decision of the professional judges the South Park Office Building Complex won the “Real Estate Development of the Year” prize in the 15,000 m2 and below category.
The Council approved an allocation of £1m towards efficiency in 2008, and this was subsequently supplemented by a further £125k of one off budget as a result of the NKA review replacing planned and funded reviews of Commercial Property Portfolio, Property Services and services that the Council should strategically procure or 'share'.
No tenant under any of the leases, pursuant to which the Operating Partnership or any Property Partnership, as lessor, leases its Portfolio Property, has an option or right of first refusal to purchase the premises demised under such lease, the exercise of which would have a Material Adverse Effect.
Title insurance in favor of the Company, the Subsidiaries or any Related Entity has been obtained with respect to each Portfolio Property owned by any such entity in an amount at least equal to (A) the cost of acquisition of such property or (B) the cost of construction of such property (measured at the time of such construction), except where the failure to maintain such title insurance would not have a Material Adverse Effect.