Available Property definition

Available Property means, as determined by the Calculation Agent, the aggregate of:
Available Property means the real property described in a Property Record placed on CPIX which is either for sale or lease.
Available Property means all real property, buildings, improvements and fixtures owned or leased by the Borrower or any Subsidiary which are not subject to a Lien as of the Effective Date, after recordation of the Mortgages delivered on such date. To the extent that any real property, buildings, improvements and fixtures owned or leased by the Borrower or any Subsidiary, which do not constitute Available Property as of the Effective Date, become, after the Effective Date, unencumbered by the Lien of the Colorado Mortgages or such other Lien as the case may be, such real property, buildings, improvements and fixtures shall, on the date such Lien is released, become Available Property unless such property becomes encumbered by a Lien securing Permitted Refinancing Debt concurrently with the release of such Lien or within 60 days of such release; provided, that on or prior to the date such Lien is released, the Borrower shall have given written notice to the Agent of its intention to refinance the Debt secured by such Lien with Permitted Refinancing Debt. Any real property, buildings, fixtures or improvements which are leased by the Borrower after the Effective Date shall be considered Available Property if the subject lease does not prohibit the granting to the Agent of a Mortgage.

Examples of Available Property in a sentence

  • Final judgment has been entered against Plaintiff in the earlier action, and Plaintiff’s appeal period has expired.

  • Upon approval of this Plan the Available Property Tax Increment Revenues are irrevocably pledged to payment of Bonds for the Duration of the Urban Renewal Project as provided in Section 7.0 below.

  • Notwithstanding any other provision of law, revenues excluded by §31- 25-107(9)(a)(II) of the Act are not intended to be included in Available Property Tax Increment Revenues.

  • It may be switched back on by pressing the ‘A’ key.When the last calibration target has been presented, the calibration will be evaluated.

  • Such Available Property Tax Increment Revenues are and shall be subject to the lien of such pledge for the Duration of the Project without any physical delivery, filing, or further act.


More Definitions of Available Property

Available Property means the property that is to be available to pay CreditorsClaims of Class A Creditors and Class B Creditors under this proposal as set out in clause 6 of this proposal;
Available Property means all real property, buildings, improvements and fixtures owned or leased by the Borrower or any Subsidiary which are not subject to any Lien constituting a mortgage, security interest or pledge securing Debt, including (without limitation) the properties listed on Schedule III and properties held for resale by the Borrower. To the extent that any real property, buildings, improvements and fixtures owned or leased by the Borrower or any Subsidiary, which do not constitute Available Property as of the date hereof, become, after the date hereof unencumbered by the Lien which constituted a mortgage, security interest, or pledge securing Debt, such real property, buildings, improvements and fixtures shall, on the date such Lien is released, become Available Property unless such property becomes encumbered by a Lien securing Permitted Refinancing Debt concurrently with the release of such Lien or within 60 days of such release; provided, that on or prior to the date such Lien is released, the Borrower shall have given written notice to the Administrative Agent of its intention to refinance the Debt secured by such Lien with Permitted Refinancing Debt. Any real property, buildings, fixtures or improvements which are leased by the Borrower shall be considered Available Property if the subject lease does not prohibit the granting to the Administrative Agent of a Mortgage. If the subject lease contains such a prohibition, such property shall be considered Available Property upon the Borrower's obtaining a landlord's consent to a Mortgage, which the Borrower agrees to use its reasonable best efforts to obtain.
Available Property means the property that is to be available to pay CreditorsClaims under this Deed as set out in clause 5;
Available Property means the property that is to be available to pay Creditors' Claims as set out in clause 6 of this proposal;
Available Property means, as determined by the Calculation Agent, the aggregate of:(i) the Underlying Assets and/or the net proceeds of realisation thereof as provided in accordance with paragraph 63 (Net proceeds of realisation of Charged Assets) below;(ii) any cash redemption proceeds received by the Issuer in respect of the Underlying Assets;(iii) (1) any amounts received by the Issuer upon termination of the Asset Swap Agreement and (2) any cash credit support and the proceeds of liquidating any non-cash credit support available to the Issuer under the Credit Support Annex.The Available Property may consist of physical assets and cash.“Early Redemption Amount Determination Period” means the period from, and including, the date of delivery of a notice (which the Calculation Agent shall promptly deliver) following an Early Redemption Event (other than an Underlying Early Redemption) up to, and including, the fifth Business Day thereafter.“Early Redemption Date” means the third Business Day after the Early Redemption Amount is determined. GENERAL PROVISIONS APPLICABLE TO THE NOTES 38. Form of Notes: Bearer Notes
Available Property means, as determinedby the Calculation Agent, the aggregate of:
Available Property means the real property described in a Property Record placed on MassCIE which is either for sale or lease.