Canyon Ranch Property definition

Canyon Ranch Property means the property and assets specified in the Canyon Contribution Agreement.
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Examples of Canyon Ranch Property in a sentence

  • In no case shall the General Partner amend this Agreement to provide for an allocation of phantom income to Canyon Ranch to take into account the difference between the book value of the Canyon Ranch Property and its basis except as provided in this Section 2.C of Exhibit C or unless otherwise agreed to by Canyon Ranch in writing.

  • For purposes of determining the amount of book depreciation with respect to the Canyon Ranch Property as described under Regulations Section 1.704-3(d)(2), the excess of book basis over tax basis with respect to the Canyon Ranch Property shall be allocated twenty-four percent (24%) to nondepreciable land and seventy-six percent (76%) to depreciable buildings.

  • Notwithstanding the foregoing, for purposes of Section 2.B(l)(a) of this Exhibit C, the General Partner shall have the right to utilize the "remedial allocation method" described in Regulations Section 1.704-3(d) to eliminate Book-Tax Disparities attributable to the contribution to the Partnership of the Canyon Ranch Property specified in the Canyon Contribution Agreement.

  • Notwithstanding the foregoing, for purposes of Section 2.B(l)(a) of this Exhibit C, the General Partner shall have the right to utilize the “remedial allocation method” described in Regulations Section 1.704-3(d) to eliminate Book-Tax Disparities attributable to the contribution to the Partnership of the Canyon Ranch Property specified in the Canyon Contribution Agreement.

  • Table FQuigley Canyon Ranch Property Taxes by Housing Unit Type Lot Size / Unit Type Total Units Average Value Per Unit Total Assessed ValuesCity of Hailey Total PropertyTaxes at Year 25Live/ Work Unit Note: Property tax projections include the $75,000 per unit homeowner’s exemption for 418 units.

  • Spring Canyon shall either initiate and cause to be established a sewer district (“District”) in accordance with Idaho Code §§42-3201 et seq., or if a District is not legally possible to establish, a Spring Canyon Ranch Property Owner’s Association (“Association”) that will be responsible to pay the fees described in paragraph 6 of this Agreement.

Related to Canyon Ranch Property

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

  • New property means (i) the assessed value, after final

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • 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.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • 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 Properties has the meaning specified in Section 5.13(a).

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

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • 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);

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • 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.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.