Cemetery Property definition

Cemetery Property means, at any time as to any Borrower, such Borrower’s interest in its real or personal property of the type sold or transferred pursuant to Approved Installment Agreements which property (a) has not, at such time, been sold or transferred to, and (b) is not under contract to be sold or transferred to, any other Person.

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Cemetery Property means any property, or part or interest therein, dedicated to, used or intended to be used for, the permanent interment of human remains. It may be a plot or plots in a burial park for earth interment; a place or places in a mausoleum for vault or crypt interment; one or more niches, recesses, or other receptacles for the interment of cremated remains; or any combination of one or more thereof.

Cemetery Property means, at any time as to any Issuer or Subsidiary Guarantor, such Issuer’s or Subsidiary Guarantor’s interest in its real or personal property of the type sold or transferred pursuant to Approved Installment Agreements which property (a) has not, at such time, been sold or transferred to, and (b) is not under contract to be sold or transferred to, any other Person.

Examples of Cemetery Property in a sentence

• Furthermore, there are no material pending or, to the knowledge of any Credit Party, threatened claims or suspensions against any Credit Party, by any Person, entity or Governmental Authority which relate to the operation of any cemetery or funeral home, the providing of any cemetery or funeral services or the sale of any Cemetery Property or other cemetery or funeral merchandise.

• Furthermore, there are no pending or, to the knowledge of any Loan Party, threatened claims or suspensions against any Loan Party, by any Person which relate to the operation of any cemetery or funeral home, the providing of any cemetery, crematory or funeral services or the sale of any Cemetery Property or other cemetery or funeral merchandise, except for those that could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

• If requested by the Cemetery District or assignee thereof, Developer shall remove any such improvements and restore the Cemetery Property substantially consistent with its prior, unimproved condition, within one hundred eighty (180) days after acceptance of the irrevocable offer by the Cemetery District or assignee thereof.

• Prior to such acceptance by the Cemetery District or assignee thereof, Developer shall remain the owner of the Cemetery Property and shall be obligated to maintain the Cemetery Property and may, at its own risk and cost, improve the Cemetery Property with landscaping, parking or other such at-grade improvements consistent with any use of the Cemetery Property as may be approved by County.

• Although being dedicated to the Cemetery District to support the operations thereof, the dedication shall not limit the use of the Cemetery Property nor shall it include any reversionary interest if the Cemetery District elects to use the Cemetery Property for any non-cemetery purposes or elects to sell the Cemetery Property.

• Seller and Buyer, between the date of this Agreement and the Closing Date, shall use their good faith best efforts to negotiate agreements providing Buyer with options to purchase the Murrieta Hills Cemetery Property and the Sun City Property, which agreements (but only if the terms and conditions thereof are satisfactory to both Buyer and Seller) shall be executed and delivered by Buyer and Seller at the Closing.

• Contractor agrees to provide Cemetery with certifications evidencing the required coverage before Contractor begins work on Cemetery Property.

• Location 491 (Building Only on Cemetery Property) Conejo Mountain Funeral Home ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Camarillo, California 93012 Est.

• This Agreement shall commence on the Effective Date and terminate on the date that the Veteran’s Cemetery Property is transferred to the State of California, unless otherwise terminated as provided in this Agreement; provided, however, OCCD shall be obligated to perform such duties as would normally extend beyond that term, including but not limited to, obligations with respect to confidentiality, indemnification, audits, reporting and accounting.

• The prohibitions of this Section 11.14 shall apply to Seller's operation of the Murrieta Hills Cemetery Property only for so long as Seller and Buyer are parties to an option agreement providing Buyer with the right to purchase the Murrieta Hills Cemetery Property.

More Definitions of Cemetery Property

Cemetery Property means, at any time as to any Issuer or Subsidiary Guarantor, such Issuer or Subsidiary Guarantor’s interest in its real or personal property of the type sold or transferred pursuant to Approved Installment Agreements which property (a) has not, at such time, been sold or transferred to, and (b) is not under contract to be sold or transferred to, any other person.

Cemetery Property means any cemetery, mortuary, other facility used for burial or memorializing the dead.]8