Crossroads Property definition

Crossroads Property means the Individual Continental Property commonly known as Crossroads Center.
Sample 1Sample 2Sample 3
Crossroads Property means the Land described on Schedule A-4 and the Real Property, Personal Property, Tenant Leases, Contracts and Intangible Property associated therewith.
Sample 1

Examples of Crossroads Property in a sentence

  • Buyer and Sellers acknowledge and agree that (i) the Argonne Water Property is owned by a single Seller and (ii) each of the Argonne Bridge Property, the Bridgepoint Property, the Park 355 Property, the Crossroads Property, the Xxxxx Property and the Aurora Property is owned by two or more Sellers (each such group that owns a Property being referred to herein as a “Seller Group”).

  • If Seller’s Property is being conveyed subject to a Loan Obligation, all installments of interest and principal and all other sums required to be paid under the terms of Seller’s Loan Documents have been paid and, as of the Effective Date, the aggregate outstanding principal amount of such Loan Obligation is (i) $6,150,000 as to the Argonne Bridge Property, (ii) $6,350,000 as to the Crossroads Property and (iii) $4,480,000 as to the Xxxxx Property.

  • The Crossroads Property, located in the northeast portion of Dallas, Texas, is situated on a 14.53 acre tract of land improved with two office/warehouse facilities constructed in 1982 and containing a total of 236,230 net rentable square feet of space, which is 100 percent leased to four tenants, namely Sears Roebuck and Company (61%), Advanced Power, Inc.

  • On June 17, 2022, Hagerstown Crossroads Property and the E66 Property (the “Borrower”), which are real property-controlled subsidiaries of the Company, executed an agreement with PCRED II Lending I LLC for a Credit Facility of up to $95.0 million, secured by real property owned by the Borrower’s subsidiaries (the “Credit Facility”).

  • The Las Colinas Distribution Center Property, the Crossroads Property and the North Great Southwest Distribution Center Property are managed by Lincoln Property Company CSE.

  • The Company continues to actively monitor these quarterly requirements.The following is a summary of the Credit Facility secured by the Company’s properties as of December 31, 2022 (dollar amounts in thousands):Hagerstown Crossroads Property and the E66 Property $95,000 (1) Excludes deferred financing fees of approximately $2.3 million and amortized deferred financing fees of $662,000 as of December 31, 2022 for Hagerstown Crossroads Property and E66 Property.

  • Certain additional information regarding the Colinas Industrial Portfolio Loan and the Las Colinas Distribution Center Property, the Crossroads Property and the North Great Southwest Distribution Center Property is set forth on Appendix II hereto.

  • The Credit Facility matures on July 7, 2024, with three twelve-month extension options until July 7, 2027.For the year ended December 31, 2022, we incurred interest expense of approximately $1.8 million and amortized approximately $500,000 of deferred financing fees into interest expense on the consolidated statement of operations related to the Hagerstown Crossroads Property.

  • The amounts required to be reserved under the applicable Seller’s Loan Documents have been fully funded and, as of the Effective Date, are: (i) $188,131.72 as to the Argonne Bridge Property, (ii) $100,000 in the form of the letter of credit described in Section 12.2(b) as to the Crossroads Property and (iii) $188,363.60 as to the Xxxxx Property consisting of a tax escrow of $64,672.34, insurance escrow of $2,400.39, economic occupancy holdback of $101,619.83, and a replacement reserve of $19,671.04.

  • The unamortized deferred financing costs are presented as a reduction to the loan carrying amount on the consolidated balance sheet.(2) The $79.7 million was used to acquire the Hagerstown Crossroads Property and refinance the E66 Property.

Related to Crossroads Property

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • DOCPROPERTY SWDocID" #4870-7680-5924v2" ""

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • 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.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Residential property means improved property that:-

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

  • Customer Property means the property, other than real property and IPR, including any equipment issued or made available to the Supplier by the Customer in connection with this Call Off Contract;

  • Company Intellectual Property Assets means all Intellectual Property Assets owned by the Company or used or held for use by the Company in the Business and all Products.

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

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

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.