Initial Leased Properties definition

Initial Leased Properties. As defined in Section 2(e).
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Initial Leased Properties means the real properties described on Schedule 1.1(d) hereto, consisting of all farmlands and similar real --------------- properties, other than the Owned Properties, owned or leased by Seller or Affiliates of Seller and presently used in the operation of the Business.
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Examples of Initial Leased Properties in a sentence

  • The Parties agree that, concurrently with the execution of this Agreement, AIR and DevCo have caused, or will each cause, their applicable Affiliates to enter into Master Leases for the Leased Properties set forth on Exhibit B attached hereto (such Leased Properties, the “Initial Leased Properties”, and the Master Leases for the Initial Leased Properties, the “Initial Master Leases”).

  • The Seller has the right under valid and existing Leases to occupy, use, possess and control all Initial Leased Properties as now occupied, used, possessed and controlled by the Seller, subject in each case to the applicable terms and conditions of the Leases.

  • Except as noted in Schedule 3.5, none of the leasehold interests of the Seller as ------------ tenant, in any of the Initial Leased Properties are mortgaged by the Seller.

Related to Initial Leased Properties

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

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

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • 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.

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

  • 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.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • 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.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

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

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

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

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit L, with such amendments, modifications or supplements thereto as may be approved by the Administrative Agent.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

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

  • Release Property shall have the meaning set forth in Section 2.6 hereof.

  • 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.

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