ITC Property definition

ITC Property means that portion of the Project that is described in Code section 48(a)(3)(A)(i).

Examples of ITC Property in a sentence

  • Pursuant to the Property Leasing Framework Agreement, the Company agreed to lease certain premises, including but not limited to (i) the ITC Property, which consists of an area of approximately 2,760.3 square metres; and (ii) the Armed Police Property, which consists of an area of approximately 12,358 square metres, from the Parent Company for the daily operation of the Company.

  • The leased assets under the Assets Leasing Agreement comprise the Armed Police Property, the ITC Property and the Lounge Property.

  • The Board announces that on 28 December 2020, the Company entered into the Property Leasing Framework Agreement with the Parent Company, pursuant to which the Company agreed to lease certain premises, including but not limited to the ITC Property and the Armed Police Property, from the Parent Company for a term of three years commencing from 1 January 2021 to 31 December 2023.

  • As disclosed in the 2020 Property Leasing Framework Agreement Announcement, the Company had entered into the Property Leasing Framework Agreement with the Parent Company in respect of the lease of certain premises, including but not limited to the ITC Property and the Armed Police Property, from the Parent Company for a term of three years commencing from 1 January 2021 to 31 December 2023.

Related to ITC 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.

  • Historic property means any prehistoric or historic site, district, building, object or other real or personal property of historical, architectural or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government and culture of Florida.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • 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);

  • 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.