Fee Premises definition

Fee Premises means the parcel or parcels of real estate owned in fee by Borrower, corresponding to the FFC File Numbers and addresses identified on Schedule I attached hereto, together with all rights, privileges and appurtenances associated therewith and all buildings, fixtures and other improvements located thereon.
Sample 1Sample 2
Fee Premises. Collectively, the premises listed in the attached Schedule A and identified as a “Fee Premises”.
Sample 1
Fee Premises. Means, collectively, the premises on which the Administrative Agent is granted a Fee Mortgage by a Borrower or an Affiliate to secure the obligations of the Borrowers under the Agreement and the other Loan Documents, including without limitation, the premises listed in the attached Schedule B and identified as a “Fee Premises”. The Fee Premises listed on the attached Schedule B and noted with an (*) will be discharged and replaced with appropriate Leasehold Mortgages in form and substance satisfactory to the Administrative Agent upon the acquisition of such Fee Premises by Spirit in accordance with the terms of the Spirit P&S.
Sample 1

Examples of Fee Premises in a sentence

  • The Company is the sole owner of and has good title to that portion of the Project located on (i) the Fee Premises and (ii) the Easement Premises free and clear of any Liens, except for Permitted Liens.

  • The legal description of a Fee Premises that is attached to the Grant Deed for such Fee Premises shall be the same as the legal description on the grant deed that was used when Seller acquired such Fee Premises.

  • Those certain Fee Mortgages and Leasehold Mortgages covering the Fee Premises and the Leasehold Premises of even date herewith, and all other documents executed in connection with the foregoing, given by a Borrower to the Lender covering the Fee Premises and/or the Leasehold Premises, as any and/or all may be amended, restated and/or substituted.

  • Each property constituting the Fee Premises and the Leasehold Premises.

  • Except as set forth in Schedule 7.7, as of the Closing Date Seller will be the sole holder of fee simple title to each of the Fee Premises (subject to any Permitted Encumbrances and Material Title Objections that have not been cured as of Closing).

  • The Parties agree that the Purchase Price shall be allocated (i) between the Fee Premises as agreed by the Parties during the Inspection Period, and (ii) between the Real Property and the Personal Property for each facility for federal, state and local tax purposes as determined by Purchaser in its sole and absolute discretion.

  • At Closing Sellers shall convey the applicable portion of the Fee Premises and Improvements to Purchaser subject only to the Permitted Exceptions.

  • The Mortgagor has good and marketable fee simple title in and to the Fee Premises, along with any other property set forth on Exhibit A.

  • Deeds substantially in substantially the form attached hereto as Composite Exhibit “8.3.2”, conveying the Fee Premises and the Improvements to Purchaser, free and clear of all liens restrictions and encumbrances, subject only to Permitted Exceptions.

  • Notwithstanding the above, this subsection shall not apply to the sale of Fee Premises after the date hereof to Spirit pursuant to the terms of the Spirit P&S.


More Definitions of Fee Premises

Fee Premises shall have the meaning as set forth in the Lessor Mortgage.
Sample 1
Fee Premises has the meaning set forth in Section 2.1(a) of the Agreement.
Sample 1
Fee Premises means that certain real property more particularly described as such on Exhibit “A” attached hereto.
Sample 1
Fee Premises means the portions of the Land described on Exhibit B attached hereto; provided, however, that (i) from and after the execution and delivery of the Deed to G-P, the term Land shall not include the G-P Premises, and (ii) from and after the execution and delivery of the Deed to NYSEG, the term Land shall not include the NYSEG Fee Premises.
Sample 1
Fee Premises means, collectively, the Casper Fee Premises, the Grand Island Fee Premises, the Billings Fee Premises, the Xxxxxx Fee Premises and the Mansfield Fee Premises.
Sample 1

Related to Fee Premises

  • School premises means either of the following:

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • the Building means any building of which the Property forms part.

  • trade premises means any premises used or intended to be used for carrying on any trade or industry;

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Open space land means (a) any land area so designated by an

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxxxxxx School Xxxxxxxxxxx Xxxx Xxxxxxxxxx Xxxxxxxxx XX00 0XX and registered under Title Number WT292137;

  • eligible premises means premises located entirely within an industrial business zone. For any eligible business, an industrial business zone credit will not be granted with respect to more than one eligible premises.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Open space means undeveloped land, a naturally landscaped area, or a formal or man-made landscaped area that provides a connective link or a buffer between other resources.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Customer’s Premises means the land and buildings owned or occupied by a Customer, and any land over which the Customer has an easement or right to pass electricity, including: