Licensed Real Property definition

Licensed Real Property has the meaning set forth in Section 3.14(c).
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Licensed Real Property means Leased Real Property subject to a Lease that is not a lease or sublease and that is a license, sublicense, concession or other similar Contractual interest in real property.
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Licensed Real Property means the real properties licensed under the Real Property Licenses.
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Examples of Licensed Real Property in a sentence

  • An applicant shall successfully complete the Appraiser Qualifications Board endorsed Uniform State Licensed Real Property Appraiser Examination.

  • To the Knowledge of the Company, the Company has a valid license or sublicense to occupy and use the Licensed Real Property.

  • Heinzelman, Associate Date Licensed Real Property Appraiser Alabama Certificate #L12 H.J. Porter & Associates, Inc.

  • In online environment the impact of PU on intention was found by several researchers [233, 234, 235].

  • All applicants pass the Appraisal Qualification Board endorsed Uniform State Licensed Real Property Appraiser Examination or its equivalent.

  • Seller shall have delivered to Buyer consents and estoppel certificates from the landlords, licensors or other third parties, as applicable, under the leases and licenses included in the Leased and Licensed Real Property, respectively, in form and substance reasonably acceptable to Buyer.

  • Schedule 5.1.12 indicates whether the Real Property is owned ("Owned Real Property") or leased or licensed ("Licensed Real Property").

  • That the applicant AMC has a system in place to review appraisal reports, as required by K.A.R. 117-20-7, submitted by each appraiser who is performing real estate appraisal services in Kansas for the AMC on an annual basis to validate that such services are being performed in accordance with USPAP and the Kansas State Certified and Licensed Real Property Appraisers Act and regulations adopted thereunder;10.

  • Schedule 4.7 sets forth a complete list, as of the date hereof, of the address of each parcel of Licensed Real Property, each of which is licensed under a valid and subsisting license agreement (each, a “Real Property Agreement”).

  • PART IV STATEMENT & APPLICANT SIGNATURE I agree to comply with the Kansas Certified and Licensed Real Property Appraiser’s Act and the Kansas Real Estate Appraisal Board Regulations.


More Definitions of Licensed Real Property

Licensed Real Property shall have the meaning set forth in Section 4.4(g).
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Licensed Real Property. As defined in Section 7.9(b).
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Licensed Real Property means the real property leased by the Group Companies, in each case as tenant.
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Licensed Real Property means the real property office space presently licensed by or subject to a licensing agreement by Seller as licensee.
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Licensed Real Property has the meaning set forth in SECTION 4.16(A).
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Related to Licensed Real Property

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

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

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

  • Licensed Property means the portion of the Software and the Documentation to which Customer has purchased a License as identified on an applicable Order. Licensed Property shall include any updates or upgrades to the Licensed Property that AvePoint may at its discretion deliver to Customer.

  • Licensed Site means a place in any authorised street at which street trading may be engaged in by a Licence Holder, and includes any temporary alternative place approved by the Council or a duly authorised Officer of the Council.

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

  • 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 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.

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

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

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

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

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Real Property Rights means all real property rights and interests of the Acquired Companies, including all fee interests, options, leases, easements, land use rights, access easements, transmission line easements, rights to ingress and egress, any and all bids, grants, awards, applications, rights to negotiate and all other rights relating to the Land.

  • Project Intellectual Property means any Intellectual Property created under, or otherwise in connection with the Project.

  • 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.

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.

  • Licensee Improvements means any enhancement to or modification or improvement of the Licensed Patents and/or the Proprietary Information created by or on behalf of Licensee and/or any of its subsidiaries.

  • 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.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • 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.

  • Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than a Group Company) that is licensed to any Group Company.