Business Owned Real Property definition

Business Owned Real Property means all Real Property owned or purported to be owned, in whole or in part, by Transferor and used in the Business or by any Acquired Company.
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Business Owned Real Property means the real property and the improvements located thereon owned by the Asset Sellers and listed in Part A of Schedule 16 (Properties), including, for the avoidance of doubt, the Shelbyville Food Site;
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Business Owned Real Property means all Transferred Real Property and any real property owned by a Transferred Entity.
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Examples of Business Owned Real Property in a sentence

  • Separate ground wires shall be used to properly ground the TVMs; all equipment, components and parts shall be grounded, both electrically and to the station’s ground plane.

  • There are no outstanding options or rights of first refusal to purchase the Business Owned Real Property.

  • The existing buildings and improvements located on the Business Owned Real Property are located entirely within the boundary lines of such Business Owned Real Property or on permanent easements on adjoining land benefiting such Business Owned Real Property and may lawfully be used under applicable zoning and land use laws for their current use.

  • RESOLVED, that the Northern Highlands Board of Education authorize the purchase of technology equipment from Aspire Technology Partners in the amount of $28,175.06 per New Jersey State Contract # 87720, NVP #AR233 (2014-19 – per attachment), and two (2) quotes were obtained and the higher quote was under the MRESC Cooperative Contract.

  • Except as would not reasonably be expected to be material to the Transferred Entities and the Business, taken as a whole, the buildings, structures, fixtures and other improvements located on the Business Owned Real Property and the Business Leased Real Property (collectively, the “Improvements”) comply with all applicable Laws.

  • Sellers have not entered into any leases or granted any rights of first refusal, options to purchase or rights of occupancy except the Sold Business Real Property Leases and the Sold Business Owned Real Property is not subject to any leases, rights of first refusal, options to purchase or rights of occupancy.

  • No Selling Party has received written notice of any default under any restrictive covenants affecting the Business Owned Real Property, and, to Seller’s Knowledge, there has not occurred any event that with the lapse of time or the giving of notice or both would constitute such a default under any such restrictive covenants.

  • Neither the Business Owned Real Property nor the Business Leased Real Property is subject to any lease or other grant to any Person of a right to use or occupy such property, except for any rights of Seller Parent and the Retained Subsidiaries pursuant to the Ancillary Agreements.

  • Chemtura has delivered to Purchaser copies of (i) all material vesting deeds, title insurance policies and surveys for the Business Owned Real Property, and (ii) all material Business Real Property Leases, in each case, that Chemtura or the other Sellers have in their possession.

  • Until the Closing Date, unless and until this Agreement is earlier terminated pursuant to the provisions hereof, Sellers will not, directly or indirectly solicit offers for the Car Wash Business, Owned Real Property, Leased Real Property or the Assets.


More Definitions of Business Owned Real Property

Business Owned Real Property means the real property, including all volumes, buildings, easements, improvements and fixtures and all appurtenances thereto owned by CECA with respect to the Business and identified on Schedule 4.10(a)(i) to the Disclosure Letter;
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Business Owned Real Property means the real property located in Glens Falls, New York identified on Schedule 1.1(a)(iii).
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Business Owned Real Property means (i) the Transferred Owned Real Property and (ii) the real property which is owned by the Transferred Entities and listed in Annex 17.
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Business Owned Real Property means the real property located in Glens Falls, New York identified on Schedule 1.1(a)(iii). “Buyer” has the meaning set forth in the preamble hereof.
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Related to Business Owned Real Property

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

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

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).

  • 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.

  • 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.

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

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

  • Material Owned Real Property means any Mine or other real property, in each case, owned or acquired in fee by any Loan Party having a fair market value in excess of $1,000,000.

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • 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.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

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

  • 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.

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

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • 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.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Residential property means improved property that:-

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Material Real Property means any real property owned by any Loan Party with a fair market value in excess of $5,000,000.