Condominium Properties definition

Condominium Properties means, collectively, all of the Individual Properties that are subject to a Condominium and “Condominium Property” shall mean each such Property.
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Condominium Properties means, collectively, the condominium ---------------------- properties owned by MLSLP and Coin and listed on Schedule 4.27 of the Disclosure Schedule.
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Condominium Properties means, with respect to any Person, any residential Property, portions of which are designated for separate ownership and the remainder of which is designated for common ownership solely by the owners of those portions; it being understood
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Examples of Condominium Properties in a sentence

  • Mezzanine Borrower shall have requested and made commercially reasonable efforts to obtain prior to Closing, estoppel certificates from the Condominium Board of all Condominium Properties substantially in the form required by the Loan Agreement (Mortgage), and shall have delivered to Mezzanine Lender all such estoppels received by Mezzanine Borrower.

  • In that case, the entries of the parent property and subsidiary properties will be cancelled in the Condominium Properties Section and the new immovable properties will be registered in the General Properties Section.

  • Borrower shall have requested and made commercially reasonable efforts to obtain prior to Closing, estoppel certificates from the Condominium Board of all Condominium Properties substantially in the form attached as Exhibit J, and shall have delivered to Lender all such estoppels received by Borrower.

  • As of the Agreement Date, PPI, the Borrower, the other Loan Parties and the other Subsidiaries are principally engaged in the business of owning, acquiring, renovating, developing and managing Multifamily Properties and Condominium Properties, including Mixed-Use Projects, together with other business activities reasonably related or incidental thereto.

  • However, the Board may waive compliance by Condominium Properties with any of the provisions of the Regulatory Documents which it determines not to be applicable or feasible.

  • The Borrower shall, and shall cause its Subsidiaries and the other Loan Parties, taken as a whole, to engage principally in the business of owning, acquiring, renovating, developing and managing Multifamily Properties and Condominium Properties, together with other business activities reasonably related or incidental thereto.

  • Not permit the aggregate investment of the Parent Guarantor and its Subsidiaries in non-Multifamily Properties (including, without limitation, Condominium Properties) to exceed 10% of the Parent Guarantor's Consolidated Implied Capitalization Value, determined as of the end of each Fiscal Quarter.

  • Al General Meeting resolutions shall be consigned in a Condominium Meeting Book that will be kept by the Condominium for that purpose, which shall be duly legalized by the Condominium Properties Section of the Public Registry under Article 28 of the Law.

  • The Borrower, the Subsidiaries and the other Loan Parties are engaged substantially in the business of the acquisition, disposition, financing, ownership, development rehabilitation, leasing, operation and management of Multifamily Properties and other businesses activities incidental thereto or Non-Multifamily Properties and Condominium Properties to the extent permitted under this Agreement.

  • The Agent hereby acknowledges that, as of the date hereof, 000 Xxxxxxxxxx Xxxxxx, 000 Xxxx Xxxxxx and the Citigroup Center Property are Approved Condominium Properties.


More Definitions of Condominium Properties

Condominium Properties means, collectively, all of the Borrowing Base Properties that are subject to a Condominium and “Condominium Property” shall mean each such Borrowing Base Property.
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Condominium Properties means individually or collectively, each Individual Property consisting of condominium units in the River Bend Apartment complex or the Avon Place Condominium complex in Windsor and Avon Connecticut, respectively.
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Related to Condominium Properties

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Condominium means a common interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions. A common interest community is not a condominium unless the undivided interests in the common elements are vested in the unit owners.

  • Condominium Plan means a plan described in Section 4285.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Condominium Act means Article 9-B of the New York Real Property Law (339-d et seq.) of the State of New York and all modifications, supplements and replacements thereof and all regulations with respect thereto, now or hereafter enacted or promulgated.

  • Condominium unit A Single Family Property within a Condominium Project.

  • 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.

  • Condominium Documents means the master deed, recorded pursuant to this act, and any other instrument referred to in the master deed or bylaws which affects the rights and obligations of a co-owner in the condominium.

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

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • 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.

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

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

  • Condominium Declaration means the Declaration of Condominium for NetApp RTP Phase I Condominium recorded in Book 012647, Page 01310, Wake County, North Carolina Registry.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

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

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Undeveloped Land means, (i) all Real Property set forth on Schedule 1.01D to the 2008 Credit Agreement, (ii) all undeveloped land acquired after the Closing Date and (iii) any operating property of the Borrower or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.