Abandoned Properties definition

Abandoned Properties means any properties of the Debtors that have been abandoned by Final Order of the Bankruptcy Court, under Section 554 of the Bankruptcy Code.
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Abandoned Properties means the ten (10) properties listed on Schedule 1 hereto, each of which were demised under the Original Lease and shall not be demised under this Restated Lease. The term "Abandoned Property" shall have the correlative singular meaning.
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Abandoned Properties has the meaning set forth in Section 10(E).
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Examples of Abandoned Properties in a sentence

  • Debtor General Chemical Corporation shall transfer and convey ownership of the Abandoned Properties to Waterside Urban Renewal Corporation, by delivering and recording deeds.

  • Neither the Debtors nor the Reorganized Debtors, except Waterside Urban Renewal Corporation, shall have any interest in or any liability for any of the Abandoned Properties.

  • Upon the completion of such transfer, such transferred Abandoned Properties shall cease to be part of the Properties and shall cease to form part of the basis of the determination of the Area of Interest, to the extent applicable, under this Agreement.

  • If, within thirty (30) days of receipt of such notice, Grantee delivers to Grantor a written notice stating Grantee’s intention to acquire all or part of the Abandoned Properties, Grantor will deliver to Grantee duly executed recordable transfers of Grantor’s interest in the Abandoned Properties, free and clear of all liens, charges and encumbrances arising from the operations of Grantor.

  • The term "Abandoned Properties" means the ten (10) properties listed on Schedule 1 hereto, each of which were demised under the Original Lease and shall not be demised under this Restated Lease.

  • In addition, Landlord shall Indemnify Tenant and Marketing Parent for (i) any UST Upgrade Landlord is obligated to perform pursuant to Section 7.6, (ii) any Remediation of Contamination for which Landlord is obligated under Section 9.1, and (iii) any matter whatsoever relating to the Abandoned Properties, including, without limitation, compliance with Environmental Laws.

  • The deletion in subsection (c) relating to Abandoned Properties is without prejudice to the rights of the Reorganized Debtors to assert discharge or release under the Plan or the Bankruptcy Code.

  • Neither the Debtors nor the Reorganized Debtors, except Waterside Urban Renewal Corporation, shall have any interest in any of the Abandoned Properties.

  • On or prior to the Restatement Effective Date, all subleases, licenses and other occupancy agreements affecting the Abandoned Properties shall be assigned to Landlord.


More Definitions of Abandoned Properties

Abandoned Properties means any properties of the Debtors that have been abandoned by Final Order of the Bankruptcy Court, pursuant to Section 554 of the Bankruptcy Code, at or prior to the Effective Date.
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Related to Abandoned Properties

  • Abandoned property means personal property left by an owner who intentionally

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Abandoned well means a well whose use has been permanently discontinued or which is in a state of disrepair such that it cannot be used for its intended purpose or for observation purposes.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • After-Acquired Property means any and all assets or property acquired after the date of this Indenture, including any property or assets acquired by the Company or a Guarantor from another Guarantor, which in each case constitutes Collateral.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

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  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.