Leasehold Real Property definition

Leasehold Real Property shall have the meaning specified in Section 4.2.
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Leasehold Real Property means all leasehold interests in real property hereafter held by Borrower or any Subsidiary, as lessee, wherever located, together with all rights of the lessee under the related lease.
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Leasehold Real Property means the Leasehold Parcel, together with all Improvements, and all Additions to, and Proceeds of the foregoing.
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Examples of Leasehold Real Property in a sentence

  • In addition, Buyer shall have the right to have the Leasehold Real Property and Tangible Personal Property inspected by Buyer Group, at Buyer’s sole cost and expense, for purposes of determining the physical condition and legal characteristics of the Leasehold Real Property and Tangible Personal Property.

  • On or before the Closing Date, Sellers shall remove all Excluded Assets from all Facilities and other Leasehold Real Property to be occupied by Buyer.

  • Xxxxx Xxxxxxx Facsimile: +0 000 000 0000 Location of Tangible Property Province of Ontario Schedule 2 Leasehold Real Property Leasehold Real Property Part Lot 6 Concession 1 Xxxxxx being all of Mining claim L 1115059 designated as Part 1, 6R7912, Black River-Xxxxxxxx.

  • Seller has and is conveying to Buyer at Closing (by general warranty assignments in the case of Leasehold Real Property Interests ("Leasehold Property")) indefeasible, good and valid title to all of the Acquired Assets constituting personal property (including the Purchased IP) and a good, valid and marketable leasehold interest in all Leasehold Property.

  • Leasehold Real Property Other Jurisdictions with Property Accounts Please include the account number and branch location(s), if applicable.

  • The Corporate Guarantor and the Beneficiary agree that the Corporate Guarantor shall have the right, subject to the provisions of this Section, to subdivide the Real Property into two parcels, one of which will contain the Leasehold Real Property and the other will contain the remainder of the Real Property (such parcel being called the "New Parcel").

  • Although draft amendments to DCP No 27 envisage a slightly different form of development facing Ryde Road, setbacks as proposed are appropriate.

  • Buyer shall, at Buyer's expense, promptly comply with the requirements of any and all such notices hereafter issued, including but not limited to the payment of any fines, interest or penalties which result from Buyer's violations relating to its use and operation of the Leasehold, Real Property or other Included Assets and shall indemnify, defend, exonerate and hold Seller harmless therefrom.

  • Schedule 4.22 correctly sets forth a summary description of all Owned Real Property and all Leasehold Real Property.

  • The Fee Simple Real Property and the Leasehold Real Property shall be collectively referred to as the "Real Property".


More Definitions of Leasehold Real Property

Leasehold Real Property shall be as defined in the Recitals.
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Related to Leasehold Real Property

  • 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.

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

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

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Owned Real Property has the meaning set forth in Section 4.10(a).

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

  • 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 Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • 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.

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property.

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

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • 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 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.

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

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