Agreement Affecting Real Property definition

Agreement Affecting Real Property means the Agreement Affecting Real Property (Including Rental Restrictions) to be filed in the Official Records upon the Construction Closing, substantially in the form attached to this Agreement as Attachment No. 6, which is incorporated herein by this reference.
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Agreement Affecting Real Property means the Agreement Affecting Real Property (Including Rental Restrictions) to be recorded upon the occurrence of the Close of Escrow, substantially in the form attached to this Agreement as Attachment No. 7.
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Agreement Affecting Real Property means that certain Form o f Agreement Affecting Real Property attached hereto as Attachment No. 9.
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Examples of Agreement Affecting Real Property in a sentence

  • However, the affordability covenants in the Agreement Affecting Real Property may be subordinated to a lien, encumbrance, or regulatory agreement under a federal or state program as permitted under California Health and Safety Code Section 33334.14.

  • Those certain covenants also contained in the Agreement Affecting Real Property shall remain in effect for the periods specified therein.

  • Unless set forth otherwise, the covenants described in this Part 4 shall commence upon the Closing and shall be set forth in the Agreement Affecting Real Property (Attachment No. 6) and shall remain in effect during the Covenant Period.

  • Upon the failure of Borrower to perform or observe any other term or provision of this Note, upon any event of acceleration described in Section 7, or upon the occurrence of any other event of default under the terms of the DDA, Agency Loan Documents, or the Agreement Affecting Real Property, or any deed of trust securing the Senior Loan or other obligations secured by a Senior Deed of Trust on the Property, the holder may exercise its rights or remedies hereunder or thereunder.

  • Any capitalized term not otherwise defined herein shall have the same meaning ascribed to such term in the Agreement Affecting Real Property (Including Rental Restrictions) recorded concurrently herewith (“Affordability Covenants”).

  • Of the 39 partic-N R ipants with at least one positive result, only 3 (7.7%) had aSTATISTICSSOCIAL SCIENCESπrst = λπrst , [6]rstwhere λ is the prevalence ratio in nonresponders compared with respon- ders and πR is the prevalence estimated from the logistic regression described above.

  • However it is fair to say that most Welsh Assembly Government action has focused on energy efficiency in homes occupied by fuel poor households.

  • The property owner will be subject to all of the terms and conditions contained within the Grant of License and Agreement Affecting Real Property.

  • MUST BE SUBMITTED WITH YOUR APPLICATION IN ORDER TO QUALIFY FOR CONSIDERATION OF A GRANT OF LICENSE AND AGREEMENT AFFECTING REAL PROPERTY:*INCOMPLETE APPLICATION PACKAGES ARE NOT ACCEPTED* Application Fee (Check or Exact Change Only): $200.00The Board of Directors’ consideration of a Grant of License and Agreement Affecting Real Property is discretionary and will not necessarily be approved.

  • Accordingly, Borrower agrees for itself, its successors and assigns that the use of the Property shall be subject to the restrictions on rent and occupancy set forth in the Agreement Affecting Real Property.


More Definitions of Agreement Affecting Real Property

Agreement Affecting Real Property means that certain Agreement Affecting Real Property (Including Rental Restrictions) conforming in form and substance with the Revised Form of Agreement Affecting Real Property attached to the DDA as Attachment No. 6 and incorporated herein by this reference.
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Agreement Affecting Real Property means each certain Agreement Affecting Real Property to be executed and recorded against each of the Properties and attached hereto as Attachment No. 2 and incorporated herein by this reference. Every Agreeement Affecting Real Property shall cumulatively be referred to as the Agreements Affecting Real Property.
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Agreement Affecting Real Property means that certain Agreement Affecting Real Property (Including Rental Restrictions) executed by Borrower (“Owner” therein) and City dated August 8, 2011 and recorded in the Official Records of San Diego County (the “Official Records”) on August 9, 2011 as Document No. 2011-0405402, as amended by that certain Amendment to Agreement Affecting Real Property (Including Rental Restrictions) dated , 2012 and recorded on ,2012 in the Official Records as Document No. 2012- , and any other amendments thereto.
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Related to Agreement Affecting Real Property

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

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

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • 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.

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • Real Property Asset means, at any time of determination, any interest then owned by any Loan Party in any real property.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Additional Properties means any oil and natural gas assets or related interests that are acquired by any member of the Partnership Group pursuant to an Acquisition.

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

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Real Property Documents means any material contract or agreement constituting or creating an estate or interest in any portion of the Site, including, without limitation, the Lease Agreements and the Subleases.