Buyer Real Property definition

Buyer Real Property means all real property currently owned or leased by the Buyer.
Sample 1Sample 2Sample 3
Buyer Real Property has the meaning set forth in Section 4.31(c).
Sample 1Sample 2
Buyer Real Property has the meaning given to it in Section 5.9(a).
Sample 1

Examples of Buyer Real Property in a sentence

  • Subject to the terms of the Buyer Real Property Leases, the Buyer has a valid and subsisting leasehold estate in and the right to quiet enjoyment to each parcel of property demised under the Buyer Real Property Leases for the full term of the respective Buyer Real Property Leases.

  • Copies of the Buyer Real Property Leases, together with all amendments, supplements and side letters thereto, have been delivered to Sellers by the Buyer.

  • There are no defaults by any tenant or landlord under the Buyer Real Property Leases, and no event has occurred or failed to occur which, with the giving of notice the passage of time, or both, would constitute a default under the Buyer Real Property Leases.

  • The Buyer Real Property Leases are in full force and effect and are enforceable in accordance with their respective terms, except as such enforceability may be subject to or limited by bankruptcy, insolvency, reorganization or other similar laws, now or hereafter in effect, affecting the enforcement of creditors' rights generally.

  • The Buyer has not assigned, pledged, mortgaged, hypothecated or otherwise transferred the Buyer Real Property Leases.

  • No landlord or tenant under the Buyer Real Property Leases has exercised any option or right to cancel or terminate such Buyer Real Property Leases or shorten the terms thereof.

  • Except as set forth in Schedule 4.18, Buyer (A) has good and valid title to the leasehold estate created under each Buyer Real Property Lease free and clear of all Liens, (B) has the right to quiet enjoyment of all property held under the Buyer Real Property Leases, (C) has not been in default under any Buyer Real Property Lease which default has not been cured and (D) has paid all rent and other sums and charges currently due or payable under each of the Buyer Real Property Leases in full when due.

  • Except as set forth in the Buyer Disclosure Letter, Buyer has good and marketable title to all Buyer Real Property owned by it in fee, and Buyer leases free and clear of all Encumbrances all Buyer Real Property not owned by it in fee.

  • Schedule 4.18 sets forth a list of (i) all locations of the facilities from which Buyer conducts its business and (ii) all leases, subleases, licenses, easements, rights of way and other similar agreements under which Buyer uses, occupies or has the right to use or occupy, now or in the future, any real property and all amendments and modifications thereto (collectively, the "Buyer Real Property Leases").

  • Xxxxx agrees that any sale of the Buyer Real Property shall not include Xxxxx's option rights to any unacquired portion of the Option Property pursuant to this Agreement, the assignment of which rights is governed by Paragraph 20 herein.


More Definitions of Buyer Real Property

Buyer Real Property means (i) all real property (whether owned or leased) at which the operations of the Buyer or any Buyer Subsidiary are or at any time were conducted and (ii) all real property held by the Buyer or any Buyer Subsidiary as collateral for any loans made or loans-in-process, or which is otherwise held as "real estate owned" (REO) as a result of default by the borrower and subsequent foreclosure by the Buyer or any Buyer Subsidiary.
Sample 1

Related to Buyer Real Property

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

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

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

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

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • 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.

  • Acquired Assets has the meaning set forth in Section 2.1.

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

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

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

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

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

  • 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.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

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

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

  • 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.