COMMERCIAL PROPERTIES Sample Clauses

COMMERCIAL PROPERTIES. Objective (a) To ensure that the original characteristics of traditional neighbourhood retail buildings are retained and enhanced. (b) To encourage the retention of distinctive settings of grouped building frontages aligned to the street. (c) To promote the retention of distinctive detailing on commercial properties. (d) To retain original parapet continuity and detailing. (e) To retain architectural features and detailing that characterise the period of development.
AutoNDA by SimpleDocs
COMMERCIAL PROPERTIES. On or prior to the date of the OP Contribution, Casden shall cause either the Spin-Off to occur or the Commercial Properties to be sold to and the Commercial Debt to be assumed by CommercialCo.
COMMERCIAL PROPERTIES. Target group
COMMERCIAL PROPERTIES. The Commercial Properties and the Commercial Debt to be assumed by CommercialCo, in the Commercial Sale are not used in and do not relate to the multi-family apartment business of Casden or any Casden Subsidiary (except to the extent such Commercial Properties are used by Casden or any Casden Subsidiary pursuant to a commercial lease for all or a portion of such Commercial Property), and such assets and liabilities will not be assets or liabilities of Casden or any Casden Subsidiary at the Effective Time, nor will title to such Commercial Properties directly or indirectly pass to AIMCO or any Affiliate of AIMCO in connection with the Merger.
COMMERCIAL PROPERTIES. The following is a description of the methodology employed by the Purchaser in preparing the estimates of the values of the commercial properties owned by the Partnership and CCEP:
COMMERCIAL PROPERTIES. Unlike standard residential properties, the construction activities are governed under the Sale of Commercial Properties Act (the “SCPA”) whereby there are no Project Accounts and no provisions for ministerial step-in to complete the development in the event of a default. Hence, revenue and related expenses should be recognized upon completion of construction of the commercial properties.
COMMERCIAL PROPERTIES. Notwithstanding anything to the contrary herein, except in the event any additional benefits or entitlements are available in connection with any restoration, development or re-development of the properties set forth on Exhibit I attached hereto (the “Xxxx Commercial Properties”), nothing herein shall burden, restrict or impose obligations (monetary or otherwise) upon any of the Xxxx Commercial Properties, or adversely impact an existing restoration, development or redevelopments rights, or entitlements that benefit the Xxxx Commercial Properties as of the Effective Date.
AutoNDA by SimpleDocs

Related to COMMERCIAL PROPERTIES

  • Oil and Gas Properties The Borrower will and will cause each Subsidiary to, at its own expense, do or cause to be done all things reasonably necessary to preserve and keep in good repair, working order and efficiency all of its Oil and Gas Properties and other material Properties including, without limitation, all equipment, machinery and facilities, and from time to time will make all the reasonably necessary repairs, renewals and replacements so that at all times the state and condition of its Oil and Gas Properties and other material Properties will be fully preserved and maintained, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts. The Borrower will and will cause each Subsidiary to promptly: (i) pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties, (ii) perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties, (iii) cause each Subsidiary to do all other things necessary to keep unimpaired, except for Liens described in Section 9.02, its rights with respect to its Oil and Gas Properties and other material Properties and prevent any forfeiture thereof or a default thereunder, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts and except for dispositions permitted by Sections 9.16 and 9.

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!