Divested Properties definition

Divested Properties means the stores required to be divested, transferred or otherwise sold by the Company or its Restricted Subsidiaries in connection with an acquisition or Investment pursuant to an agreement with or order issued by the Department of Justice, the Federal Trade Commission or any similar regulatory authority; provided that the Divested Properties shall not constitute all or substantially all of the properties or assets of the Company and its Restricted Subsidiaries.

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Divested Properties means the stores required to be divested, transferred or otherwise sold by the Albertson’s Group in connection with the Safeway Acquisition pursuant to an agreement with or order issued by the Department of Justice, the Federal Trade Commission or similar regulatory authority.

Divested Properties means the real property and improvements listed on Schedule XIX attached hereto previously owned by Owner and any other real property formerly constituting Individual Properties or Divested Properties which have been condemned by (or transferred in lieu thereof to) a Governmental Authority (during Borrower’s period of ownership) prior to the Closing Date. Prior to the Closing Date, all of Owner’s right, title, interest and estate in the Divested Properties were transferred and conveyed by Owner to third parties. The Divested Properties are not Individual Properties.

Examples of Divested Properties in a sentence

• POP shall be entitled to tender its then existing equity ownership interest in the Option Properties to the UPREIT subject to such mortgage financing and/or such joint venture relationship and to tender Option Properties portfolios to the UPREIT which have been diminished by the divestiture of Divested Properties.

• Parent shall also fully cooperate with Seller’s fulfillment of its duties and obligations hereunder by providing Seller with such records and documents that are in Parent’s possession as Seller may reasonably need to conduct Corrective Action at any of the Divested Properties.

• In addition, if a Borrower or any of its Subsidiaries receives Net Proceeds from any disposition of Divested Properties, the Borrowers shall promptly prepay an amount of Loans equal to the least of (x) the amount of such Net Proceeds, (y) the amount of Loans borrowed in connection with the Restatement Date Transactions and (z) $300,000,000 (in the case of subclauses (y) and (z) when aggregated with all previous repayments pursuant to this sentence).

More Definitions of Divested Properties

Divested Properties means the businesses, services or assets required to be divested, transferred or otherwise sold by the Company or the Target in connection with the Acquisition in accordance with the Acquisition Agreement.

Divested Properties shall have the meaning set forth in the Mortgage Loan Agreement.

Divested Properties means those parcels of real property and other assets located thereon, if any, which Company or any of its Subsidiaries assigned, subleased, transferred, conveyed, surrendered, terminated, and otherwise divested its interests in from time to time prior to the Closing Date.

Divested Properties means, individually or collectively, the Divested Properties (Loan) and the Divested Properties (Non-Loan).

Divested Properties means the businesses, services or assets required to be divested, transferred or otherwise sold by the Company or the Target in connection with the Acquisition in accordance with the Acquisition Agreement. On the Closing Date: The several obligations of the Lenders to make, or cause one of their respective affiliates to make, loans under the Term Facility on the Closing Date will be subject to only the following conditions: (i) prior written notice of borrowing and (ii) the conditions set forth or referred to in Section 2 of the Commitment Letter (including those specified in Exhibit D thereto).

Divested Properties has the meaning assigned to such term in the First Amendment.