Examples of Controlled Properties in a sentence
If the Operating Partnership determines that the applicable Controlled Properties have both Economic Occupancy and Physical Occupancy consistent with or exceeding local market levels for self-storage and/or mini-warehouse facilities for such periods, then the Operating Partnership shall so notify the applicable Manager Parties pursuant to a written notice in accordance with the provisions of Section 8.4(b) below.
The applicant hereby agrees to observe and obey the minimum requirements contained in the Use Policy for City of Alpena Owned or Controlled Properties and Parks and the laws of the City of Alpena, County of Alpena, and the State of Michigan.
There are no pending or concluded condemnation or similar proceedings affecting the Controlled Properties, and Borrowers have received no written notice and have no knowledge of any such proceedings that are threatened.
The sewer, water and utility services of the Controlled Properties are directly connected with sources or systems serving the general public, without traversing property owned by others, or, if not directly connected, valid perpetual recorded easements have been established for rights of way over intervening property.
No notice of any mechanic's or materialmen's Lien or similar Lien, or of any claim or right to any such lien has been received, asserted and/or, to the best knowledge of Borrowers, threatened in writing in connection with the Controlled Properties.
No unrestored fire or other casualty damage affects the Controlled Properties, and all insurance policies required by Section 6.03(a) are in full force and effect.
All taxes relating to the Controlled Properties, to the extent due, have been paid in full.
Section 86 Committees Policy There is a separate Council Policy for these Section 86 Committees – Management of Council Owned and Controlled Properties – Policy No 15.2.
Upon termination of this Lease for any reason, Lessee shall, at Lessor's option, to be exercised within thirty (30) days if at all, sell and convey to Lessor, at fair market value, any real property owned by Lessee or its affiliates within the Controlled Properties boundary as defined by the bold green outline on Exhibit A.
Smoking, the use of smokeless tobacco products, e-cigarettes, and unregulated nicotine products are strictly prohibited.This smoke/tobacco-free policy and associated procedures apply to all University Controlled Properties, regardless of location, including but not limited to all University land, buildings, and parking lots, as well as all private residential space owned or leased as University Controlled Properties.