Excess Real Property definition

Excess Real Property means unimproved parcels which constitute part of any Mortgaged Property and are not then currently used or contemplated (except with respect to lodging) to be used in connection with the operation of such Mortgaged Property as a ski resort as then configured, including lodging, other recreational uses and related amenities.
Excess Real Property means unimproved parcels of real property owned by the Loan Parties which are not then used or contemplated to be used in connection with the ski or golf operations of the Loan Parties (excluding real property included within the definition of Permitted Real Estate Sales) which, for purposes hereof, shall be deemed to include the items listed on Schedule 2 hereto.
Excess Real Property means Borrower’s or its Subsidiaries’ (a) facilities owned in fee and located at 0000 Xxxx Xxxxxx, Xxxxxx Xxxxx, Santa Ana, CA, 31901 Xxxxxx Xxxx, Salisbury, MD, and Xxxxxxx 0, 00000, Xxxxxxx, Xxxxxxx, and (ii) real property owned in fee and located at #5 West Road, Special Export Processing Zone, Light Industry and Science Park, Cabuyao, Laguna, Philippines, and 14 and 00 Xxxxxx Xxxxxx, XXX0, Light Industry and Science Park of the Philippines I, Cabuyao, Laguna, Philippines.

Examples of Excess Real Property in a sentence

  • The Excess Real Property Inventory and Utilization Plan requirement applies only to Grants or Cooperative Agreements awarded before December 26, 2014.

  • The Real Property Reporting requirement (Real Property Inventory) replaces the Excess Real Property Inventory and Utilization Plan requirement for Grants and Cooperative Agreements (and funding increments to existing Grants and Cooperative Agreements) awarded on or after December 26, 2014.

  • Sale of Excess Real Property) The department is authorized to retain revenues associated with the sale of excess real property owned by, under the control of, or assigned to the department and may expend these funds as grants to purchase or build community residences and day program facilities for the individuals DDSN serves.

  • Sale of Excess Real Property) The Department is authorized to retain revenues associated with the sale of excess Department-owned real property and may expend these funds to purchase land and construct community residences to serve the mentally retarded.

  • The Excess Real Property Inventory and Utilization Plan requirement has been removed from 5010, and replaced with the new Real Property Reporting requirements.


More Definitions of Excess Real Property

Excess Real Property means unimproved parcels which constitute part of any Mortgaged Property and are not then currently used or contemplated (except with respect to lodging and related infrastructure) to be used in connection with the operation of such Mortgaged Property as a ski resort as then configured, including lodging, other recreational uses and related amenities.
Excess Real Property means any real property under the control of the Department that is not required for its mission and the discharge of its responsibilities as determined by the OPPM or agency, as applicable. No agency, as determined by OPPM, has a mission need for the property.
Excess Real Property means the Real Property listed on Schedule 1.01(c).
Excess Real Property means a real property interest not needed currently or in the foreseeable future for transportation purposes or other uses eligible for funding under title 23, United States Code.” 23 CFR 710.105(b) • 23 CFR §710.409 Disposal of excess real property.
Excess Real Property. Permitted Priority Liens," and "Upfront Fee Letter," and (b) adding the following new definitions in alphabetical order:
Excess Real Property has the meaning specified in Section 2.2.3.
Excess Real Property means any real property under the control of the Department that is not required for its mission and the discharge of its responsibilities as determined by the OPPM or agency as applicable. It means that no agency of the Department requires the property.