Fee Owner Sample Clauses

Fee Owner. The District is the fee owner of all of the real estate where the Equipment is and will be located and has good and marketable title thereto, and there exists no mortgage, pledge, lien, security interest, charge or other encumbrance of any nature whatsoever on or with respect to such real estate.
Fee Owner. Fee Owner" shall have the meaning set forth in Recital B of the Agreement.
Fee Owner. The applicable owner of the fee interest in a Credit Support Property that is subject to a Ground Lease. Fitch. Fitch, Inc., and any successor thereto.
Fee Owner. The applicable owner of the fee interest in a Borrowing Base Asset that is subject to a Ground Lease. First Amendment Date. March 24, 2020. Floor. A rate of interest equal to one quarter percent (0.25%) per annum.
Fee Owner. Seller is the legal owner of the Land and the adjoining property providing parking for and access to the Land, in fee, with full right to convey same. Seller has not granted any option to purchase, right of first refusal or right of first offer to purchase (any of which remains outstanding) or otherwise made any agreement (which remains outstanding) with any Person other than Buyer to sell the Land.
Fee Owner. 1.2(c) Financial Statements......................................................8.2(r) First Amendment..............................................................4.2
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Fee Owner. Fee Owner has not and shall not: a) engage in any business or activity other than the ownership and operation of the Premises in accordance with the Manager Lease and Loan Documents, and activities reasonably incidental thereto; b) acquire or own any assets other than the Premises and such incidental personal property as may be necessary for Fee Owner’s ownership and operation of the Premises; c) own any subsidiary or make any investment in, any business entity without having obtained Lender’s prior consent, which consent may be withheld or delayed in Lender’s sole and absolute discretion; d) merge into or consolidate with any business entity or dissolve, terminate, or liquidate in whole or in part, or transfer or otherwise dispose of all or substantially all of its assets or change its direct legal structure without in each case having obtained Lender's prior consent, which consent may be withheld or delayed only in Lender’s sole and absolute discretion; e) fail to preserve its existence as a business entity duly organized, validly existing, and in good standing under the laws of the state of its formation; f) maintain its assets in such a manner that it will be costly or difficult to seg‐re‐gate, ascertain, or identify its individual assets from those of any of its members; g) hold itself out to be responsible for the debts of any other business entity or person other than pursuant to the Guaranties; h) fail either to hold itself out to the public as a business entity separate and distinct from any other business entity or to conduct its business solely in its own name in order not i) to mislead others as to the identity with which such other business entity is transacting business (provided, however, Manager may do business as the “Boot Hill Casino and Resort”), or ii) to suggest that Fee Owner is responsible for the debts of any other business entity or person other than pursuant to the Guaranties; nor iii) materially modify its organizational documents without having obtained Lender’s prior consent in each instance, which consent shall be in Lender’s sole and absolute discretion.

Related to Fee Owner

  • Sole Owner Countrywide is the sole owner and holder of the Mortgage Loan. The Mortgage Loan is not assigned or pledged, and Countrywide has good and marketable title thereto, and has full right to transfer and sell the Mortgage Loan to the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge, claim or security interest and has full right and authority subject to no interest or participation of, or agreement with, any other party, to sell and assign each Mortgage Loan pursuant to the terms of this Agreement;

  • SERVICE OWNER All service matters and general inquiries regarding this service should be directed to: Name Title Phone e-mail [—] Director, IT Shared Business Services [—] [—] Exelis Inc. [—] Director, Information Technology [—] [—] Vectrus

  • Operator The Optionee shall be the operator for purposes of developing and executing exploration programs.

  • Manager 5.1. Rules relating to the rights, duties and responsibilities of the Managers shall be governed by the Act. Such provisions are hereinafter incorporated into this Agreement by reference. Without limiting the generality of the foregoing, the Manager shall have the powers set forth in Paragraph 5.3 below.

  • Interest of Departing Partner and Successor General Partner (a) In the event of (i) withdrawal of the General Partner under circumstances where such withdrawal does not violate this Agreement or (ii) removal of the General Partner by the holders of Outstanding Units under circumstances where Cause does not exist, if the successor General Partner is elected in accordance with the terms of Section 11.1 or 11.2, the Departing Partner shall have the option, exercisable prior to the effective date of the departure of such Departing Partner, to require its successor to purchase its General Partner Interest and its general partner interest (or equivalent interest), if any, in the other Group Members and all of its Incentive Distribution Rights (collectively, the “Combined Interest”) in exchange for an amount in cash equal to the fair market value of such Combined Interest, such amount to be determined and payable as of the effective date of its departure. If the General Partner is removed by the Unitholders under circumstances where Cause exists or if the General Partner withdraws under circumstances where such withdrawal violates this Agreement, and if a successor General Partner is elected in accordance with the terms of Section 11.1 or 11.2, such successor shall have the option, exercisable prior to the effective date of the departure of such Departing Partner, to purchase the Combined Interest for such fair market value of such Combined Interest of the Departing Partner. In either event, the Departing Partner shall be entitled to receive all reimbursements due such Departing Partner pursuant to Section 7.4, including any employee-related liabilities (including severance liabilities), incurred in connection with the termination of any employees employed by the Departing Partner for the benefit of the Partnership or the other Group Members. For purposes of this Section 11.3(a), the fair market value of the Departing Partner’s Combined Interest shall be determined by agreement between the Departing Partner and its successor or, failing agreement within 30 days after the effective date of such Departing Partner’s departure, by an independent investment banking firm or other independent expert selected by the Departing Partner and its successor, which, in turn, may rely on other experts, and the determination of which shall be conclusive as to such matter. If such parties cannot agree upon one independent investment banking firm or other independent expert within 45 days after the effective date of such departure, then the Departing Partner shall designate an independent investment banking firm or other independent expert, the Departing Partner’s successor shall designate an independent investment banking firm or other independent expert, and such firms or experts shall mutually select a third independent investment banking firm or independent expert, which third independent investment banking firm or other independent expert shall determine the fair market value of the Combined Interest of the Departing Partner. In making its determination, such third independent investment banking firm or other independent expert may consider the then current trading price of Units on any National Securities Exchange on which Units are then listed, the value of the Partnership’s assets, the rights and obligations of the Departing Partner and other factors it may deem relevant.

  • Interest of Departing General Partner and Successor General Partner (a) In the event of (i) withdrawal of the General Partner under circumstances where such withdrawal does not violate this Agreement or (ii) removal of the General Partner by the holders of Outstanding Units under circumstances where Cause does not exist, if the successor General Partner is elected in accordance with the terms of Section 11.1 or Section 11.2, the Departing General Partner shall have the option, exercisable prior to the effective date of the withdrawal or removal of such Departing General Partner, to require its successor to purchase its General Partner Interest and its or its Affiliates’ general partner interest (or equivalent interest), if any, in the other Group Members and all of its or its Affiliates’ Incentive Distribution Rights (collectively, the “Combined Interest”) in exchange for an amount in cash equal to the fair market value of such Combined Interest, such amount to be determined and payable as of the effective date of its withdrawal or removal. If the General Partner is removed by the Unitholders under circumstances where Cause exists or if the General Partner withdraws under circumstances where such withdrawal violates this Agreement, and if a successor General Partner is elected in accordance with the terms of Section 11.1 or Section 11.2 (or if the business of the Partnership is continued pursuant to Section 12.2 and the successor General Partner is not the former General Partner), such successor shall have the option, exercisable prior to the effective date of the withdrawal or removal of such Departing General Partner (or, in the event the business of the Partnership is continued, prior to the date the business of the Partnership is continued), to purchase the Combined Interest for such fair market value of such Combined Interest. In either event, the Departing General Partner shall be entitled to receive all reimbursements due such Departing General Partner pursuant to Section 7.4, including any employee-related liabilities (including severance liabilities), incurred in connection with the termination of any employees employed by the Departing General Partner or its Affiliates (other than any Group Member) for the benefit of the Partnership or the other Group Members. For purposes of this Section 11.3(a), the fair market value of the Combined Interest shall be determined by agreement between the Departing General Partner and its successor or, failing agreement within 30 days after the effective date of such Departing General Partner’s withdrawal or removal, by an independent investment banking firm or other independent expert selected by the Departing General Partner and its successor, which, in turn, may rely on other experts, and the determination of which shall be conclusive as to such matter. If such parties cannot agree upon one independent investment banking firm or other independent expert within 45 days after the effective date of such withdrawal or removal, then the Departing General Partner shall designate an independent investment banking firm or other independent expert, the Departing General Partner’s successor shall designate an independent investment banking firm or other independent expert, and such firms or experts shall mutually select a third independent investment banking firm or independent expert, which third independent investment banking firm or other independent expert shall determine the fair market value of the Combined Interest. In making its determination, such third independent investment banking firm or other independent expert may consider the then current trading price of Units on any National Securities Exchange on which Units are then listed or admitted to trading, the value of the Partnership’s assets, the rights and obligations of the Departing General Partner, the value of the Incentive Distribution Rights and the General Partner Interest and other factors it may deem relevant.

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • Operating Partnership Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

  • Owner The term “

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