ATM Property definition

ATM Property means such areas leased or subleased by ▇▇▇▇▇▇ which are designated for the location of an ATM. Such area will include the ATM as well as the entire concrete pad area surrounding the ATM. All other capitalized terms shall have the same meaning as set forth in the Master Ground Lease.
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Examples of ATM Property in a sentence

  • If the ATM Property cannot be separately assessed for real property tax purposes, Wal-Mart, its agent, licensee, tenant or subtenant shall pay that amount by which such real property taxes have increased by reason of improvements to the ATM Property.

  • Wal-Mart, its agent, licensee, tenant or subtenant shall be responsible for the timely payment of all general and special real property taxes and assessments and all other government charges levied, assessed or imposed with respect to the ATM Property and all improvements constructed thereon and all assessments for local improvements, if any, attributable to the ATM Property.

  • Wal-Mart agrees to obtain or cause the ATM provider to obtain and keep in force and effect at all times commercial general liability insurance with respect to the ATM and ATM Property, with minimum limits of liability of two million dollars ($2,000,000) combined coverage per occurrence.

  • The ATM Property shall be kept in clean condition and appearance by Wal-Mart, its agent, licensee, tenant or subtenant, and shall be properly operating twenty-four (24) hours per day.

  • Wal-Mart, its agent, licensee, tenant or subtenant, shall be responsible, at its cost and expense, for all repairs, maintenance and replacements for the ATM and the ATM Property, including but not limited to, the mechanical and electrical equipment and systems which comprise the ATM, and all other fixtures, appliances and facilities furnished or installed on the ATM Property by Wal-Mart, its agent, licensee, tenant or subtenant.

  • Both parties agree that Wal-Mart, its agent, licensee, tenant or subtenant shall make every effort to cause the ATM Property to be separately assessed for real property tax purposes.