Ancillary Property definition

Ancillary Property means property (not forming part of premises subject to a residential tenancy agreement) that is provided by the landlord, either under the residential tenancy agreement or independently of the agreement, for use by the tenant;

Ancillary Property means the property identified or specified in the Inspection Sheet;

Ancillary Property means the Louisiana Property or the Broward Property.

Examples of Ancillary Property in a sentence

• At the City’s request, such commitment and the title policies to be issued shall be bifurcated upon determination of the metes and bounds of the Ancillary Property as provided in Section 4.4 below.

• Under the current rules, Ancillary Property is not limited to tangible personal property and, in certain circumstances, will include intangible personal property (such as a receivable, prepaid expense, bank deposit or other contractual entitlement).Where a REIT carries on the business of renting property, all of its assets generally will be used in the course of carrying on that business and, accordingly, will constitute “non- portfolio property” (“NPP”).

• We submit that cash and other short term money-market securities that are Ancillary Property should not be required to fit within a REIT’s Permitted NPP Basket.

• Any further Security Services Transactions and Other Ancillary Property Services Transactions which may be entered into in the future are also expected to be on normal commercial terms, to be arrived at after negotiations on an arm’s length basis, and to be in the ordinary and usual course of business of the relevant members of the Group.

• We submit that these limitations are inconsistent with the policy objectives of the REIT rules.Foreign Currency and Other Derivatives: See discussion below under heading 4.C – “QRP”.We believe that the concept of Ancillary Property, as currently drafted, adequately addresses the concerns raised herein and enables a REIT to effectively carry on its ordinary course rental activities.

More Definitions of Ancillary Property

Ancillary Property. Personal property (other than personal property included in the definitions of "Other Restaurant Properties," "Restricted Restaurant Properties" and "Retail Properties") of whatever kind used in connection with a Partnership Property, including, without limitation, supplies, furnishings, equipment, trade dress and franchise, license and other rights. APPRAISER: Real Estate Research Corporation or its successor, or in the event that Real Estate Research Corporation is not available for any reason to provide an appraisal with respect to any matter hereunder, Xxxxxx X. Xxxxxx and Company or its successor, or in the event that both Real Estate Research Corporation or its successor and Xxxxxx X. Xxxxxx and Company or its successor are not available for any reason to provide an appraisal with respect to any matter hereunder, Xxxxxxxx and Xxxxxxx, Incorporated or its successor, or in the event that all of the foregoing companies are not available for any reason to provide an appraisal with respect to any matters hereunder, such other independent, nationally recognized real estate valuation firm selected by the Managing General Partner in its reasonable discretion.

Ancillary Property means the property described in Section 2.2.

Ancillary Property one or more small (relative to the Property) parcels of real property which are contiguous to the Property (or the Ten Year Option Property, if acquired by the Company), are necessary or desirable for the development of the Property (or the Ten Year Option Property, if acquired by the Company) in accordance with the Master Development Plan, and which Booth Creek reasonably determines are not necessary or advisable for the Operation of the Resort.

Ancillary Property has the meaning provided such term in the recitals to this Agreement.

Ancillary Property means the property identified or specified in the Inspection Sheet; 2.4 “Landlord” means the person or organisation specified in Item 2 of the Schedule; 2.5 “Premises” means the premises the subject of this Agreement specified in Item 4 of the Schedule; 2.6 “Property” means the Premises and the Ancillary Property (if any); 2.7 “Rent” means the amount specified in Item 6 of the Schedule and/or as varied in accordance with this Agreement; 2.8 “Security Bond” means the amount specified in Item 7 of the Schedule; 2.9 “Tenant” means the person or organisation specified in Item 3 of the Schedule; 2.10 “Term” means the period this Agreement remains in force specified in Item 5 of the Schedule. The singular includes the plural and vice versa and references to natural persons include corporations and vice versa. Where more than one person is a party to this Agreement, the terms and conditions to be performed by them bind each party jointly and severally.

Ancillary Property means the Hilton Burbank Airport Outparcel.

Ancillary Property means a Property or any part of a Property which is owned by an Obligor (whether as a result of a Permitted Acquisition or otherwise) and which either (i) has never been used as part of a crematorium or funeral business or (ii) was used as part of a crematorium or funeral home business but is no longer used as part of such crematorium or funeral business because it is not required to be used for the proper and efficient operation of that crematorium or funeral business.