Definition of Property Sample Clauses

Definition of Property. The word "property" is used herein to mean securities of all kinds, monies, options, commodities, and contracts for the future delivery of, or otherwise relating to, commodities or securities and all other property usually and customarily dealt in by brokerage firms.
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Definition of Property. Upon the closing of the substitution of any Property, all references herein to the term “Properties” or the term “Property” shall be deemed to exclude the Substituted Property and to include the Qualified Substitute Property, and the Substitute Allocated Loan Amount with respect to such Qualified Substitute Property shall be deemed to be the Allocated Loan Amount with respect to such Qualified Substitute Property for all purposes hereunder.
Definition of Property. The correct legal description of the Property subject to the Agreement is as follows: The Northeast Quarter (NE1/4) of Xxxxxxx 0, Xxxxxxxx 00 Xxxxx, Xxxxx 00 Xxxx of the 5th P.M., excepting therefrom the North 996 feet of the East 206.3 and excepting therefrom the South 308.32 feet of the North 1304.32 feet of the East 206.25 feet and excepting the South 590.39 feet of the North 1894.7 feet of the East 206.3 feet and excepting the East 718 feet of the South 281 feet of the North 2175.2 feet and Aleck Xxxxx 0 xxxxxxx, Xxxxxxx Xxxxxx, Xxxxx Xxxxxx. approximately 141.3 acres +/-; (the “Property”);
Definition of Property. The “Property” is hereby defined as consisting of all of the following: (a) all improvements, buildings, structures, utilities and amenities owned by Seller and existing and/or constructed on the Land; (b) all assignable contracts described on Exhibit E attached hereto, to the extent that Seller does not terminate the same in conformity with the terms hereof; (c) all fixtures, furniture, furnishings, appliances, equipment, decorative items, inventory, supplies, tools and other personal property owned by Seller, located at the Property, and used in connection with operation of the Property, other than those items which are owned by occupancy tenants of the Project or their invitees or the management company retained by Seller to manage the Project, if any; (d) all of Seller’s rights in or to condemnation awards and insurance proceeds (to the extent not applied to restoration) relating to the Project, subject to the terms set forth herein; (e) all warranties, guaranties, claims and rights, if any, in favor of Seller relating to the construction, maintenance, operation or repair of the Project or any component thereof; (f) all of Seller’s right, title and interest, if any, in and to any drawings, plans, specifications, surveys, manuals and contracts relating to construction, maintenance and operation of the Project that are in Seller’s possession and control on the Effective Date; (g) all assignable operating licenses and/or permits relating to the Project or any portion thereof; (h) all of Seller’s interest in and under all leases and occupancy agreements with tenants or prospective tenants of the Project including unapplied security deposits held by Seller in connection therewith; (i) all business and operating records pertaining to operation of the Project; (j) all rights to use the name “The Commons on Potomac Square Apartments” in connection with the operation of the Project; and (k) all other rights, privileges and appurtenances owned by Seller and in any way related to the Land and the Project.
Definition of Property. Upon giving effect to any completed Property Sale and Borrowers’ satisfaction of the terms and provisions of Section 2.6.1 hereof, all references herein or in any of the other Loan Documents to the term “Properties” shall be deemed to exclude the Property covered under such Property Sale.
Definition of Property. The term “Property” when used in the Original Agreement, shall mean the Remainder Tract, which is the portion of the Property as originally defined under the Original Agreement, an exhibit of which is attached hereto as Exhibit B, less the Annexed Tract, which is described in Exhibit A.
Definition of Property. The term "property", as used herein, includes, lands, structures, franchises and interests in land, including lands under water and riparian rights, and any and all things and rights usually included within the said term and includes not only fees simple absolute, but also any and all lesser interests such as easements, rights of way, uses, leases, licenses and all other incorporeal hereditaments, and every estate, interest or right, legal or equitable, including terms of years and liens thereon by way of judgments, mortgages or otherwise, claims for damages to real estate, and includes also personal property, franchises and any other rights granted by any statute or covenant. Ref: Pennsylvania, 1955, Dec. 13, P.L. 830, No. ' 4; 36 P.S. ' 3584 7 See explanatory note, supra, p. 25. New Jersey L. 1964, c. 276, ' 3, N.J.S.A. 32:3-13.52
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Definition of Property. As used herein, the term Property shall include: (a) the Land, (b) all rights, privileges, easements, tenements, hereditaments, rights of way and appurtenances which belong to or appertain to the Land and are owned by County, including all development rights, air rights, water, water rights and water stock, if any, relating to the Land, and (c) all improvements, buildings, structures, fixtures, parking structures and facilities now existing or placed, constructed or installed upon the Property prior to the Close of Escrow. Rights to all minerals, oil, gas and other hydrocarbon substances on and under the Land, were excluded from the EDC by the United States Air Force, and therefore are excluded from this transaction.
Definition of Property. By execution of this Amendment, the parties hereto agree that the definition of “Property” as set forth in the Redeveloper Agreement and this Amendment shall be the real property identified on the Township’s tax map as Block 2301, Lots 11, 12, 14, 15, 16, 17, a portion of 18, and 19, as more particularly depicted on the attached Exhibit A, which replaces the Exhibit A attached to the Redeveloper Agreement.
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