Georgia Real Property definition

Georgia Real Property means that portion of the Property which is real property under State Laws.
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Georgia Real Property means that portion of the Property which is real property under State Laws. “Georgia UCC Collateral” means such of the Georgia Personal Property and Georgia Fixtures in which a security interest may be created under Article 9 of the State UCC. “Interest Charges” means all interest, fees or other charges for the use of money or extension of credit charged, paid, collected or contracted for under the terms of the Security Deed. “Maximum Indebtedness” means $900,000,000.00. “O.C.G.A.” means the Official Code of Georgia Annotated in effect on the date of this Opinion Letter. “Opinion Recipient” means GSCP, as a Lender and as the Administrative Agent, together with the other Lenders signatory to the Credit Agreement from time to time. “Property” means the “Collateral” described and defined in the Security Deed. “Public Authority Documents” means certificates issued by a governmental office or agency such as the Secretary of State of the State, or by a private organization, which has access to and regularly reports on governmental files and records, as to a person’s or entity’s property or status.
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Georgia Real Property means the real property located at 000 Xxxxxxxx Xxxxxx, Jackson, GA 30233 and owned by XxxxxXxx Technologies of Georgia, Inc.
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Examples of Georgia Real Property in a sentence

  • The purchase price to be paid (i) by BW Operations for the Purchased Assets (other than the Owned Real Property) shall be $13,100,000.00 and (ii) by BW Real Estate for the Minnesota Real Property, the New York Real Property and the Georgia Real Property shall be $1,325,000, $175,000 and $1,500,000, respectively, (such amounts described in clauses (i) and (ii), the “Aggregate Purchase Price”) with such Purchased Assets conveyed on a “cash-free” and “debt-free” basis.

  • Coast shall have received duly executed mortgages and/or deeds of trust in form and substance satisfactory to Coast, in Coast's reasonable discretion, in form for recording in the appropriate recording office, with respect to the Georgia Real Property and the Minnesota Real Property.

  • All attorneys' fees, costs and charges (including attorneys' fees and expenses incurred pursuant to bankruptcy) and other fees, costs and charges to which Coast may be entitled pursuant to this Agreement may be charged by Coast to Borrower's loan account and shall thereafter bear interest at the same rate as the Georgia Real Property Term Loan.

  • Borrower shall not permit, as at the end of each Fiscal Quarter, the Debt Service Coverage Ratio to be less than 1.25 to 1.00, provided however, that for the period commencing on the date both the Minnesota Real Property and the Georgia Real Property have been sold and leased back by Borrower and ending on the 180th day thereafter, the Debt Service Coverage Ratio, as at the end of each Fiscal Quarter, shall not be less than 1.1 to 1.00.


More Definitions of Georgia Real Property

Georgia Real Property shall have the meaning set out in Section 1.2(t).
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Related to Georgia Real Property

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

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

  • Real Property Laws shall have the meaning set forth in Section 3.8(c).

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Material Real Property means any real property owned by any Loan Party with a fair market value in excess of $5,000,000.

  • Federal property means any build- ing, land, or other real property owned, leased, or occupied by any department, agency or instrumentality of the United States (including the Depart- ment of Defense and the U.S. Postal Service), or any other instrumentality wholly owned by the United States, or by any department or agency of the District of Columbia or any territory or possession of the United States.

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

  • Municipal Property means all property, including lands and buildings, owned, controlled or managed by the Municipality within the Municipal Service Area;

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Residential property means improved property that:-

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.