Applicable Properties definition

Applicable Properties as defined in Section 3.10.
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Applicable Properties means, (A) prior to the satisfaction of the Guarantee Release Condition, (1) shares of Capital Stock or Indebtedness issued by any Subsidiary of the Parent Guarantor and owned by the Parent Guarantor or any such Subsidiary and (2) any real property or equipment located within the United States and owned by, or leased to, the Parent Guarantor or any Subsidiary of the Parent Guarantor (excluding current assets, motor vehicles and office equipment) that has a net book value (after deduction of accumulated depreciation) in excess of 1.0% of the Tangible Assets of the Fox Consolidated Group, and (B) following the satisfaction of the Guarantee Release Condition, (1) shares of Capital Stock or Indebtedness issued by any Subsidiary of the Company and owned by the Company or any such Subsidiary and (2) any real property or equipment located within the United States and owned by, or leased to, the Company or any Subsidiary of the Company (excluding current assets, motor vehicles and office equipment) that has a net book value (after deduction of accumulated depreciation) in excess of 1.0% of the Tangible Assets of the Fox Consolidated Group.
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Applicable Properties means (1) shares of Capital Stock or Indebtedness issued by any Subsidiary of the Issuer and owned by the Issuer or any such Subsidiary and (2) any real property or equipment located within the United States and owned by, or leased to, the Issuer or any Subsidiary of the Issuer (excluding current assets, motor vehicles and office equipment) that has a net book value (after deduction of accumulated depreciation) in excess of 1.0% of the Tangible Assets of the Fox Consolidated Group.
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Examples of Applicable Properties in a sentence

  • The Company shall keep adequate books and records at the principal place of business of the Company or at such place as the Company shall determine, showing a true and accurate account of all business transactions arising out of and in connection with the conduct and Business of the Company and, in particular, this Agreement, the use of Investor’s Subscribed Capital, the development and sale of all Applicable Properties, all other assets of the Company, and all Net Investment Returns.

  • Not Applicable Employees subject to Collective Bargaining Agreements (CBA) Not AplicableListed companies and investment houses that are part of a conglomerate or group of companies Not Applicable Properties The company has no principal plants, mines and other property of the same nature.

  • Homework/Study ClubThere is an opportunity for all pupils to spend time after school completing homework or working quietly on their own study.

  • The essential dedication of thevisually-impaired individuals who worked through this project was required to inspire and adjust my design direction.

  • Subject to the terms of the Loan Documents and the provisions of this Agreement, each Operating Borrower shall have the right, at its sole cost and either directly or through Other Borrowers owned by such Operating Borrower, to own, hold, operate, maintain, alter, develop, improve, lease, sell, exchange, mortgage or otherwise dispose of or encumber and otherwise deal with its Applicable Properties in any lawful manner that such Operating Borrower sees fit.

  • Borrower shall not permit the sum of (a) the Gross Revenues during any fiscal quarter from all Applicable Properties that are Stabilized Properties subject to Qualifying Leases plus (b) the Gross Asset Value for such fiscal quarter of all Applicable Properties that are Development Properties subject to Qualifying Leases to exceed 3% of the sum of (i) the Gross Revenues during such fiscal quarter of all Applicable Properties plus the Gross Asset Value for such fiscal quarter of all Applicable Properties.

  • All other statements, reports and other information as Agent or any Lender may reasonably request concerning the financial condition and business affairs of Borrower or any Consolidated Subsidiary or one or more of the Applicable Properties, including, without limitation, property budgets and operating statements for the current and immediately preceding fiscal years.

  • Applicable Properties in the HMOD2, as defined in section 404.2.2, having property lines abutting Nantucket Sound may locate parking areas to the front of the structure(s).

  • Borrower shall not sell, transfer, lease (other than in the ordinary course of business and as expressly permitted by the Loan Documents), assign, exchange, contribute, abandon or otherwise dispose of, directly or indirectly (a) any of the Applicable Properties or any interest therein, other than in accordance with Section 4.2; or (b) any of the Applicable Collateral.

  • Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and is qualified to do business in each and every state where it owns any of the Applicable Properties.


More Definitions of Applicable Properties

Applicable Properties mean (i) the Parking Lot Properties, (ii) any real property acquired by a Securitization Entity with which the Manager intends to enter into a sale-lease back transaction with the purpose of opening a Company Restaurant and (iii) any real property leased by a Securitization Entity which the Manager intends to improve to become a Company Restaurant.
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Applicable Properties shall have the corresponding plural meaning.
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Applicable Properties means the Secured Properties and the Negative Pledge Properties.
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Related to Applicable Properties

  • 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.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • newly rateable property means any rateable property on which property rates were not levied before the end of the financial year preceding the date on which this Act took effect, excluding –

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

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

  • movable property means property of every description except immovable property;

  • 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.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

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

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Property NOI means, with respect to any Property for any Rolling Period (without duplication) the aggregate amount of (i) Property Income for such period minus (ii) Property Expenses for such period.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Leased Properties means all real property and interests in real property leased by the Company or one of its Subsidiaries.

  • Assessable property means real property in a district area other than all of the following:

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • 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.

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

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

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

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

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

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.