Las Vegas Property definition

Las Vegas Property means the leasehold interest in the Real Property more particularly described on Schedule 2(A) as the "Las Vegas Property".
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Las Vegas Property means the land the improvements thereon located in Las Vegas, Xxxxx County, Nevada at Apex Industrial Park and Green Valley Parkway.
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Las Vegas Property has the meaning given to the term “Trust Property” in the Las Vegas Deed of Trust.
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Examples of Las Vegas Property in a sentence

  • The defined term “Commencement Date” set forth in Section 1.18 of the Lease shall mean, with respect to the Las Vegas Property, the date of this Amendment.

  • The Bank shall have received an estoppel certificate in form and substance satisfactory to the Bank, in its sole discretion, from the landlord under any lease entered into by the Borrower or any Subsidiary in respect of the Las Vegas Property and the Washington Property.

  • The Bank shall have received evidence that the Mortgages have been recorded, creating a valid first priority Lien on the Las Vegas Property (the "Las Vegas Mortgage"), the New Orleans Property (the "New Orleans Mortgage"), and the Washington Property (the "Washington Mortgage") which Mortgages shall be in the form of Exhibit E (with such changes as are necessary or appropriate so as to conform to the law and practice of the state in which each Mortgaged Property is located).

  • To the extent the Lender determines that the acquisition of the fee interest in the Las Vegas Property has any bearing on the Lender’s security with respect to the Loan, the Lender shall be entitled to a new (or amended) title insurance policy, a new survey and such other documents or due diligence items with respect to the Loan as are parallel with those being delivered in connection with the balance advance to be made under the Other Loan Agreement.

  • Notwithstanding the foregoing, Buyer may generally discuss the sale of the Las Vegas Property as contemplated by this Agreement with X.

  • The Las Vegas Fee Deed of Trust shall have such priority with respect to the Lender’s other fee deed(s) of trust on the Las Vegas Property as the Lender shall determine; or, at the Lender’s option, the Lender may consolidate the Las Vegas Fee Deed of Trust with one or more of the Lender’s other fee deed(s) of trust.

  • Seller and the Indemnity Guarantor covenant that, except for the "Saks Annex" to the Las Vegas Property identified on Exhibit P attached, neither they nor any of their affiliates shall directly or indirectly, for a period of ten (10) years from Closing, construct, develop, own or invest in any Factory Outlet Center (defined below) which is located in Xxxxx County, Nevada or Shelby County, Tennessee.

  • The parties agree that the Loan shall be a permitted “Debt”, and the Collateral Documents (as they relate to the Borrower and the Las Vegas Property) shall be permitted “Liens” as those terms are used in that certain Term Loan Agreement dated as of August 23, 2002 among the Borrower, S&W Restaurant Group and the Lender (the “Other Loan Agreement”).

  • Each Loan Party, the Tropicana Las Vegas Property and the use and operations of the Tropicana Las Vegas Property are in compliance in all material respects with the provisions of all flood control laws, ordinances and other regulations applicable to the Tropicana Las Vegas Property (including laws, ordinances and regulations of the Cxxxx County Flood Control District) and all agreements relating to flood control with respect to the Tropicana Las Vegas Property.

  • Seller hereby grants Purchaser a non-revocable license to reasonable use of the Las Vegas Property so long as the Las Vegas Property is under the control of Seller, and to a reasonable extent the office furniture and equipment located in the Las Vegas Property not otherwise being acquired by Purchaser hereunder, consistent with the current use by Seller.


More Definitions of Las Vegas Property

Las Vegas Property the Real Property located at 0000 Xxxxx Xxxxxx Xxxx Xxxxxxxxx, Xxx Xxxxx, Xxxxxx.
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Related to Las Vegas Property

  • 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.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).

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

  • 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.

  • 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.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • 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.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • 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.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • 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.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • 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.

  • 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.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

  • Unencumbered Property means any one of the Unencumbered Properties.

  • 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.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Undeveloped Land means, (i) all Real Property set forth on Schedule 1.01D to the 2008 Credit Agreement, (ii) all undeveloped land acquired after the Closing Date and (iii) any operating property of the Borrower or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.