Property Contracts means all maintenance, service and other operating contracts, equipment leases and other arrangements or agreements to which the Company or any Company Subsidiary or any affiliate of such Person is a party affecting the ownership, repair, maintenance, management, leasing or operation of the Properties, but not including Leases.

Property Contracts shall have the meaning ascribed to such term in Section 5.11(a) hereof.

Property Contracts means all contracts, agreements, equipment leases, purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of the Property, but only to the extent assignable by their terms or applicable law (including any contracts that are assignable with the consent of the applicable vendor), and not including (a) any national contracts entered into by Seller, Property Manager, or AIMCO with respect to the Property (i) which terminate automatically upon transfer of the Property by Seller, or (ii) which Seller, in Seller's sole discretion, elects to terminate with respect to the Property effective as of the Closing Date, or (b) any property management contract for the Property. Property Contracts shall not include forward or similar long-term contracts to purchase electricity, natural gas, or other utilities, which contracts shall be "Utility Contracts" governed by the provisions of Section 5.4.11.

Examples of Property Contracts in a sentence

It is the intent of the Council that unrealized revenue to the City from property taxes not collected due to executed Historic Property Contracts shall not exceed a total of $75,000.00 annually, or $25,000.00 for any one individual property, unless approved by the Council.
The Council finds and determines that entering into Historic Property Contracts, as hereinafter provided, is an incentive for owners of designated historic resources to rehabilitate and preserve their properties.
To the Knowledge of Marlboro, no Person has infringed, misappropriated, or otherwise violated any Transferred Intellectual Property Assets or the Intellectual Property licensed under the Intellectual Property Contracts in connection therewith.
The City Council finds and determines that entering into Qualified Historic Property Contracts, as hereinafter provided, is an incentive for owners of designated historic resources to rehabilitate, maintain, and preserve those properties.
In furtherance of this policy, Historic Property Contracts shall be limited to a maximum of 20 single-family residential properties each year and six multi-family residential, commercial, or industrial properties each year, unless the Council approves additional contracts beyond these limits.

More Definitions of Property Contracts

Property Contracts means, with respect to each Property, all contracts, agreements, equipment leases, purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of such Property, but only to the extent assignable by their terms or applicable law (including any contracts that are assignable with the consent of the applicable vendor), and not including (a) any national contracts entered into by the applicable Seller, Property Manager, or AIMCO with respect to the applicable Property (i) which terminate automatically upon transfer of such Property by such Seller, or (ii) which such Seller, in Seller’s sole discretion, elects to terminate with respect to such Property in accordance with Section 3.6, effective as of the Closing Date, or (b) any property management contract for such Property.

Property Contracts means all purchase orders, maintenance, service, or utility contracts and similar contracts, which relate to the ownership, maintenance, construction or repair and/or operation of the Property and which are not cancelable on 30 days' or shorter Notice without penalty, except Commercial Leases. (o) "PURCHASE CONTRACT" means this Purchase and Sale Contract by and between Seller and Purchaser. (p) "PURCHASE PRICE" means the total consideration to be paid by Purchaser to Seller for the purchase of the Property. (q) "SURVEY" shall have the meaning ascribed thereto in Section (a). (r) "TENANT" means any person or entity entitled to occupy any portion of the Property under a Commercial Lease. (s) "TITLE COMMITMENT" or "Title Commitments" shall have the meaning ascribed thereto in Section 6.1. (t) "TITLE INSURER" shall have the meaning set forth in Section 6.1. ARTICLE II

Property Contracts means the Leases and the Ancillary Property Contracts and

Property Contracts means the Leases and the Ancillary Property Contracts and "Property Contract" shall mean any one of them;

Property Contracts has the meaning set forth in Section 4.16(b).

Property Contracts means all purchase orders, maintenance, service, or utility contracts and similar contracts, excluding Leases, which relate to the ownership, maintenance, construction or repair and/or operation of the Property and which are not cancelable on 30 days’ or shorter Notice without penalty, but only to the extent transferable and shall also mean any third party maintenance, service, marketing or other contract relating to the Property which Property Owner is obligated to cause Property Owner’s transferee or assign to assume or execute upon Purchaser's purchase of the Property, all as described on Exhibit 1.1.26 attached hereto.