HK Property definition

HK Property the premises located at Flat B2, 7th Floor, Phase 2, Hang Xxxx Industrial Building, 0X Xxx Xxxx Street, Xxxx Xxx, Kowloon, Hong Kong “HK$” Hong Kong dollars, the lawful currency of Hong Kong
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HK Property the Office B on the 16th Floor of YHC Tower, No. 1, Xxxxxx Xxxx Road, Kowloon, Hong Kong
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HK Property means, where the context so admits, any one or more of any part of such properties;
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Examples of HK Property in a sentence

  • The Group has been using the HK Property (I) as the principal place of business in Hong Kong where the senior management of the Company is based.

  • The Group meanwhile provides the HK Property (II) as the residence for Xx. Xxxxx in Hong Kong.

  • While the Group is aware that the investment period of the Group’s investment in the HK Property may continue to be prolonged as the luxury property market has slowed down since the fifth wave of the COVID-19 pandemic in Hong Kong, the Group remains positive on the outlook of the luxury property market in Hong Kong in the long run.

  • During the terms of the Lease Renewal Agreements, the HK Property will continue to be used by the Group as its service center and warehouse in Hong Kong.

  • The HK Property is located at House 11 of Xx. 0 Xxxxxxx Xxxx Xxxx Xxxx, Xxxx Xxxx.

  • Pursuant to the Existing HK Lease Agreement and the Existing PRC Lease Agreements, the Group has been leasing the HK Property and the Existing PRC Properties from VRDL and VRDG, respectively.

  • Set out below is the corporate structure of the NHML Group as at the date of this announcement:– Honour Mark The principal business of Honour Xxxx is property holdings and it currently owns the HK Property, being the Fortis Tower Property, which is now being used as the principal place of business of the Group in Hong Kong, and two car parks nos.

  • The HK Property is currently vacant and not subject to any lease or tenancy.

  • During the terms of the Lease Renewal Agreements, the HK Property will initially be used by the Group as its principal place of business in Hong Kong and be used as service center and warehouse of the Group in Hong Kong after the relocation of office which is expected to be in around the end of the first quarter of 2022.

  • Pursuant to the First Lease Renewal Agreements, the Group has been leasing the HK Property and the PRC Properties from Classic Winner and Xxxxxx Xxxxxxxxx respectively.


More Definitions of HK Property

HK Property. House 11 (including its house unit, external walls, staircase to basement floor, staircase at main roof, main roof and upper roof, garden and open space, planter and car parking spaces Nos. 11A and 11B on the basement floor) of Xx. 0 Xxxxxxx Xxxx Xxxx Xxxx, Xxxx Xxxx
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Related to HK Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • New property means (i) the assessed value, after final

  • 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.

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

  • 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);

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • 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.

  • 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.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • 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.

  • Loan Property means any property in which the applicable party (or a Subsidiary of it) holds a security interest, and, where required by the context, includes the owner or operator of such property, but only with respect to such property. "Participation Facility" means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

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

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

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

  • Release Property has the meaning set forth in Section 2.5.

  • 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.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Subject Properties has the meaning specified in Section 5.13(a).

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

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