Laurel Property definition

Laurel Property shall have the meaning set forth in Section 5.2(a).
Sample 1Sample 2
Laurel Property means the real property, fixtures and improvements thereon located at 00000 Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx and operated as a Fairfield Inn.
Sample 1
Laurel Property means the Individual Property located at 8000 Xxxxxx Xxxx, Xxxxxx, Xxxxxxxx.
Sample 1

Examples of Laurel Property in a sentence

  • Upon the occurrence and continuance of any such Event of Default, Prime and/or its designees shall (i) have the right to enter upon the Mt. Laurel Property and/or the Fairfax County Property to complete Completion (as defined under the Option) in accordance with the applicable Option and (ii) use the balance of the Deposit (as defined in the Escrow Agreement) in connection with the Completion.

  • From and after the Closing Date, ShoLodge shall not enter into an amendment to the option agreements whereby Landlord is given options to exchange the Alpharetta Property for the Mt. Laurel Property and the Albuquerque Property for the Fairfax County Property as described in Section 10.6 unless such amendment shall have been approved by Prime in writing prior to execution by ShoLodge, such approval not to be unreasonably withheld, delayed or conditioned.

  • The statements of revenues and certain operating expenses of Horizon Blue Cross Blue Shield Building, Mt. Laurel, New Jersey (the “Mt. Laurel Property”) included in the Registration Statement, the General Disclosure Package and the Prospectus, together with the related schedules and notes thereto, present fairly the revenues and operating expenses of the Mt. Laurel Property for the periods specified and have been prepared in conformity with GAAP.

  • The Laurel Property is used exclusively for banking use, retail use, office use, garage use, showroom and other appurtenant and related uses..

  • Notwithstanding the foregoing, the amendments to Part (A) of the definition of Eligible Property Value set forth in Section 3.05 of this Amendment shall take effect as of the earlier of: (i) the time a mortgage on the Laurel Property is recorded as contemplated by Section 5 of this Amendment, and (ii) thirty (30) days after the Third Amendment Effective Date.

  • Each Individual Property is used exclusively for self-service storage facility purposes and other appurtenant and related uses (except the Lake Worth Property and the Laurel Property, which are used, in addition to self-service storage facility uses, for office, office / warehouse and retail uses approved by Lender which approval shall not be unreasonably withheld).

  • Each Individual Property is used exclusively for self-service storage facility purposes and other appurtenant and related uses (except the Lake Worth Property and the Laurel Property and such other Individual Properties which are used, in addition to self-service storage facility uses, for office, office / warehouse and retail uses approved by Lender which approval shall not be unreasonably withheld).


More Definitions of Laurel Property

Laurel Property. Schedule 1
Sample 1
Laurel Property shall have the meaning given to such term in Recital B hereto.
Sample 1

Related to Laurel Property

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

  • 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.

  • 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.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • 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);

  • 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.

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

  • DOCPROPERTY SWDocID" #4870-7680-5924v2" ""

  • 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.

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • 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.

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

  • 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.

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

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

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

  • Residential property means improved property that:-

  • 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.

  • 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.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • 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.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.