Integral Properties and Assets definition

Integral Properties and Assets means all of the assets, real and personal, tangible and intangible, which constitute integral parts of the businesses operated by Prospector Gaming Enterprises, Inc., and its Affiliates, as the Gold Ranch Casino & RV Resort, as more particularly described in the Asset Purchase Agreement.
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Integral Properties and Assets means the Sewer and Water Well Property, the Leach Field Property, the Water Service Facilities, the Water Rights, xxx Xrontage Parcel, the RV Park Property and the Gold Ranch RV Resort; the California Lottery Property and the California Lottery Station; the Gold Ranch Casino Property and the Sign Easement, and the Acquired Assets, all of which constitute integral parts of the businesses operated by PGE and its Affiliates as the Gold Ranch Casino & RV Resort.
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Examples of Integral Properties and Assets in a sentence

  • Nothing contained in Section 8.1(L)(ii) shall be construed to constitute a waiver by Last Chance of the right to object to development deemed by Last Chance not to be complimentary to the Integral Properties and Assets.

  • Last Chance shall incur minimum Business Expenditures of Two Hundred Thousand Dollars ($200,000) per annum during the Lease Term, pro rated for any partial year, in connection with the Integral Properties and Assets being acquired pursuant to the Integrated Agreements.

  • Landlord and its Affiliates covenant that following the Closing and for the Lease Term, any real property retained by Landlord or its Affiliates that is adjacent to or located within one-half mile from any of the Integral Properties and Assets, lying North or West of Interstate 80 (the “Restricted Properties” as described in Exhibit 7) will be developed in a manner complementary to the Integrated Properties and Assets.

  • Landlord and its Affiliates covenant that following the Closing and for the Lease Term, any real property retained by Landlord or its Affiliates that is adjacent to or located within one-half mile from any of the Integral Properties and Assets, lying North or West of Interstate 80 (the "Restricted Properties" as described in Exhibit 7) will be developed in a manner complementary to the Integrated Properties and Assets.

  • PGE is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada and every other jurisdiction in which PGE does business or owns property, and has all requisite power and authority to own, lease and operate the Gold Ranch Casino Property, the Casino Operation, the Premises, the Acquired Assets, and such of the Integral Properties and Assets as are owned by PGE, and to carry on its business as now being conducted.

  • Nevertheless, Last Chance wishes to have continued access to the Casino Operation, Acquired Assets, Premises, and the Integral Properties and Assets, from the date hereof through the Closing Date.

  • PGE has not received any written notice from any insurance carrier of any defects or inadequacies in the Casino Operation, Acquired Assets, the Premises or the Integral Properties and Assets, or any portion thereof, which would materially and adversely affect the insurability thereof or the cost of such insurance.

  • PGE hereby agrees to permit a Leasehold Deed of Trust, a Consent to Tenant's Assignment of Lease and a Collateral Access Agreement and Waiver of the Landlord's Lien Claims in personal property of Last Chance as may be required by any lender for the purpose of refinancing the Debt and for any future debt as a result of future refinancing or additional debt that may be incurred for further improvements and expansion of the Premises and the Integral Properties and Assets.

  • In the event that prior to the Closing Date, the Integral Properties and Assets or any part thereof, is taken or becomes condemned or becomes the subject of a pending or threatened taking, condemnation or rezoning by any governmental, quasi-governmental or public authority, under Chapter 279 of the Nevada Revised Statutes or otherwise, Last Chance shall have the right to proceed as set forth in this Section 13.

  • PGE and its Affiliates agree to give Last Chance written notice of any condemnation or taking, or threatened condemnation or taking of and any damage or destruction to the Integral Properties and Assets.

Related to Integral Properties and Assets

  • 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.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

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

  • 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.

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

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

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

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • 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 Assets means all physical and other assets relating to and forming part of the Site including:

  • Real Property Security Documents means the Landlord Consent and any mortgage or deed of trust or any other real property security document executed or required hereunder to be executed by any Obligor and granting a security interest in real Property owned or leased (as tenant) by any Obligor in favor of the Secured Parties.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • 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.