Excluded Real Estate definition

Excluded Real Estate means the property located at 0000 xxx 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxx Xxxxxx, Xxxxxxxxxx 00000.
Excluded Real Estate means (1) MGP’s “new” office building and laboratory located in Atchison, Kansas and which has been conveyed to, and leased back from, the City of Atchison in connection with an industrial revenue bond financing transaction (including, without limitation, the Borrower’s leasehold interest in such property), and (2) MGP’s plant located in Kansas City, Kansas (i.e., the KCIT Facility), so long as such plant is encumbered by a lien which secures “Permitted Debt” under the Senior Credit Agreement.
Excluded Real Estate means (1) MGP’s “new” office building and laboratory located in Atchison, Kansas and which has been conveyed to, and leased back from, the City of Xxxxxxxx in connection with an industrial revenue bond financing transaction (including, without limitation, the Borrower’s leasehold interest in such property), and (2) MGP’s plant located in Kansas City, Kansas (i.e., the KCIT Facility), so long as such plant is encumbered by a lien which secures “Permitted Debt” under the Senior Credit Agreement.

Examples of Excluded Real Estate in a sentence

  • Borrower’s and its Subsidiaries’ consolidated world-wide cash and Cash Equivalents (maintained with Bank or subject to aControl Agreement, but in all cases excluding Excluded Real Estate Creditor Deposits)$ B.


More Definitions of Excluded Real Estate

Excluded Real Estate means each of the real Properties listed as “excluded real estate” on Schedule 1.1(a).
Excluded Real Estate means (i) any Real Estate acquired by any Credit Party after the Fourth Amendment Effective Date and (ii) any State Oil Real Estate.
Excluded Real Estate means the Real Estate generally known as 130 X.X. Xxxxx Drive, Berlin, New Jersey.
Excluded Real Estate means (a) means the properties located at (i) 0000 Xxxxx Xxxx, Xxxxxxxxxxx, Xxx Xxxxxx 00000, (ii) 0000 Xxxxxxx Xxxx Rd., XxXxxx Springs, Florida 32130, (iii) 00000 Xxxxx Xxxx Xxxx, Xxxxxxxxxxx, Xxxxxxx 00000, (iv) 00000 Xxxx Xxxx, Strongsville, Ohio 44149 and (v) 0000 00xx Xxxxxx Xxxxxxxxx, Xxxxxxxxx, Xxxxx Xxxxxx 00000 and (b) any other owned real property (together with improvements thereon) having a fair market value of less than $5,000,000.
Excluded Real Estate means (1) MGP's "new" office building and laboratory located in Atchison, Kansas and which has been conveyed to, and leased back from, the City of Atchison i n connection with an industrial revenue bond financing transaction (including, without limitation, MGP's leasehold interest in such property), and (2) MGP's plant located in Kansas City, Kansas (i.e., the KCIT Facility), so long as such plant is encumbered by a Lien existing on the Closing Date and which secures Permitted Debt; provided, however, that in no event shall Excluded Real Estate include MGP's distillery plant, protein and starch plant, flour mill or "old" office building located in Atchison, Kansas.
Excluded Real Estate as defined in Section 7.3.1.
Excluded Real Estate any of the following: (a) owned and leased Real Estate (including Real Estate operated, or to be operated, as a cemetery, crematory or funeral home) that may not be pledged as a matter of law (for the sake of clarity, the states of Michigan, New Jersey, North Carolina and Ohio, as of the date hereof, prohibit encumbrances on Real Estate operated, or to be operated, as a cemetery) or without prior approval of any Governmental Authority or third person (unless such approval has been obtained) (for the sake of clarity, those certain leasehold interests in (i) Saints Pxxxx and Pxxx Cemetery located in Delaware County, Pennsylvania and (ii) Resurrection Cemetery in Bucks County, Pennsylvania, may not be pledged without prior approval of third persons and such approvals have not been obtained), (b) owned and leased Real Estate that is not operated, and is not intended to be operated, as a cemetery, crematory or funeral home (including corporate and sales offices that are not located at a cemetery, crematory or funeral home property) and (c) owned and leased Real Estate with a Fair Market Value of less than $3,000,000.