Café Property definition

Café Property shall have the meaning assigned to such term in the Mortgage Loan Agreement.
View Source
Café Property means that or those certain parcel(s) of real property more particularly described on Schedule 1-B attached hereto and made a part hereof, the Improvements thereon and all personal property owned by Café Borrower and encumbered by the Mortgage, together with all rights pertaining to such property and Improvements, as more particularly described in the granting clause of the Mortgage and referred to therein as the “Cafe Property”.
View Source
Café Property has the meaning set forth for such term in Recital A.
View Source

Examples of Café Property in a sentence

  • Each Borrower shall cause Mortgage Borrowers to keep and maintain, or cause to be kept and maintained, all Operating Permits necessary for the operation of (i) the Hotel/Casino Property as a hotel and casino at a standard at least equal to Comparable Hotel/Casinos, and (ii) the Café Property and the Adjacent Property for one or more Permitted Adjacent/Café Purposes.

  • Each Borrower shall keep and maintain, or cause to be kept and maintained, all Operating Permits necessary for the operation of (i) the Hotel/Casino Property as a hotel and casino at a standard at least equal to Comparable Hotel/Casinos, and (ii) the Café Property and the Adjacent Property for one or more Permitted Adjacent/Café Purposes.

  • Where necessary and to the extent applicable, references in this Agreement to the “Resort” and any management duties or obligations pertaining thereto, shall include the Café Property and shall apply to the management duties and obligations of the Manager with respect to the Café Property.

  • Café Owner engages Manager to manage the Café Tenant’s use, occupation and operation of the Café Property during the term of the Café Lease.

  • In no event will the Manager be responsible for providing operating capital for the operation of the Resort, the Adjacent Property, or the Café Property.

  • For avoidance of doubt, “Resort” as used in this Section 12.2 includes the Adjacent Property and the Café Property.

  • Manager shall look only to the estate, interest and property of Owner in the Resort, the Adjacent Property and the Café Property for the satisfaction of Manager’s remedies for the collection of a judgment (or other judicial process) requiring the payment of money in the event of any default by Owner.

  • In connection with the foregoing, Manager’s authority and responsibility with respect to the Café Property will be limited to using commercially reasonable efforts to enforce the rights and remedies of Café Owner under the Cafe Lease.

  • The Superintendent may be removed from office for immorality, misconduct in office, insubordination, incompetency, or willful neglect of duty in accordance with the provisions of Section 4- 201(e) of the Education Article of the Annotated Code of Maryland.

  • Upon the termination or expiration of this Agreement, Post and Tenant shall remove all Café Property, the Awnings, and any other equipment or other property of any kind whatsoever, and shall return the Encroachment Area to the condition it was in when Post and/or Tenant first occupied and/or used the Encroachment Area pursuant to this Agreement.

Related to Café Property

  • 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.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

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

  • Release Property shall have the meaning set forth in Section 2.6 hereof.