Completed Property definition

Completed Property means property for which occupancy certificate has been received from the relevant authority;

Completed Property any Operating Property (or phase of an Operating Property) that is Construction-in-Process until the completion of such Operating Property (or phase thereof) as evidenced by the issuance of a temporary or permanent certificate of occupancy (whichever occurs first) for such Operating Property or any phase thereof.

Completed Property means a Property for which Completion has occurred or will occur on the date of determination or on the respective Property Closing Date.

Examples of Completed Property in a sentence

• Schedule 4.1. is, as of the Agreement Date, a complete and correct listing of all Unencumbered Pool Properties owned or leased by the Loan Parties and the other Subsidiaries, setting forth, for each such Property, the current occupancy status of such Property and whether such Property is a Qualified Development Property, Newly Acquired Property, Recently Completed Property or Operating Property.

• Schedule 4.1 designates as to each such Unencumbered Pool Property, the owner of such Property (and whether such owner is a Qualified Venture) and whether such Unencumbered Pool Property is a Qualified Development Property, Newly Acquired Property, Recently Completed Property or Operating Property.

• For financing under Completed Property and Property under Mortgage, the monthly payments shall be deducted from your account with BIBD commencing one month after the financing has been disbursed.

• Short-cycle Developments in Progress are all those accumulated costs of developments whose completion period is estimated not to exceed 12 months.At the end of each development, the Company follows the procedure of transferring the cost corresponding to those developments still pending sale from the Property Developments in Progress account to the Completed Property Developments account.

• The Lessee may appear in any proceeding or action to negotiate, prosecute, adjust or appeal any claim for any award, compensation or insurance payment on account of any Casualty or Condemnation with respect to any Completed Property and shall pay all expenses thereof.

More Definitions of Completed Property

Completed Property means each of the: (i) Chattanooga Property; (ii) Lenexa Property; and (iii) Lubbock Property, and “Completed Properties” means the collective reference to all of the foregoing.

Completed Property means a Property that has achieved Construction Completion.

Completed Property means a Property acquired by the Lessor which contains Improvements that are suitable as of the Property Closing Date for occupancy by the Lessee and the operation by such Lessee of its business thereon.

Completed Property means any Property (a) that is an Improved Property or (b) with respect to which the Completion Date has occurred.

Completed Property means property for which an occupancy certificate has been received, and “Developmental property” means a property which is under construction and for which an occupancy certificate has not been received.

Completed Property means any Multi-Family Property for which a final certificate of occupancy has been issued by the appropriate Governmental Authority and is effective.

Completed Property means a Property on which a Completed Project is situated.