Major Property definition

Major Property means any Property in which the Building shall contain 50,000 or more square feet of Net Rentable Area.
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Major Property means the major property as prescribed under the Notifications of the SEC only with respect to the portion in which investment is made by the Trust;
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Major Property means each Property set forth on Schedule 3.1 attached hereto.
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Examples of Major Property in a sentence

  • The security services provided by Tenant shall be at a level substantially similar to the level of security services existing at the Major Property immediately prior to the Commencement Date or, if greater, at a level then commensurate with Comparable Buildings.

  • If Tenant fails to accept Landlord’s offer within such twenty (20) day period, then Landlord shall be free to sell the Major Property for a period of nine (9) months thereafter on the same economic terms and conditions (or on different terms more favorable to Landlord, as seller) without offering the Major Property to Tenant.

  • If Landlord does not convey its interest in the Major Property within such nine (9) month period, then Tenant’s rights pursuant to this paragraph shall be reinstated.

  • On the date of such purchase, Landlord shall convey and assign to Tenant, or its designee, Landlord’s interest in the Major Property in consideration of payment of the sale price therefor, in accordance and upon compliance with the terms and conditions of the Third Party Offer, and this Lease shall terminate with respect to the Leased Premises located in the Major Property conveyed to Tenant.

  • If both of the conditions enumerated in the previous sentence shall be satisfied, Landlord shall notify Tenant of such Third Party Offer and for a period of twenty (20) days after such notice is sent by Landlord, Tenant shall have the exclusive right to accept Landlord’s offer to purchase Landlord’s interest in the Major Property upon the terms and conditions set forth in the Third Party Offer.

  • Leader Chairman of Cabinet Constitutional Matters Corporate Plan Customer Services Democratic Services Forward Planning Local Plan and Development Framework Local Strategic Partnership Major Property Development Proposals Media and Website Other Non Cabinet Roles Corporate Executive Forum/Management Board Liaison Personal Development Review for Chief Executive Staff Monitoring Section 106 Agreements 2.

  • Major Property Damage: Any property damage (Fire, Theft, Water Damage, Explosion, Subsidence) affecting the domi- cile of the Insured Person or professional premises, which is sufficiently serious to imperatively necessitate the presence of the Insured Peron in order to take preservation meas- ures, or which is such that the Insured Person’s presence is requested by the police.

  • Plans of Acquisitions and Disposals of Property and Equipment (1) Acquisitions of Major Property and Equipment 1.

  • Major Property Taxpayers Source: Oklahoma County and Logan County Assessors.Sinking Fund Tax Collections FiscalYear *Collection percentage is determined utilizing total collections.

  • The project is consistent with the Major Property Investment project incentive sub-section of the Resolution for the Economic Development Financial Investment and Incentive Policy approved by the Durham City Council on April 4, 2011, which states that a project, within 10 years of the Council’s approval, must directly result in capital investment of at least $45,000,000 in mixed-use development within a CDA and that the maximum incentive payment can’t exceed 16% of the qualified capital investment.


More Definitions of Major Property

Major Property means each Property set forth on Schedule 3.1 attached hereto. ________________________________________________________________________________________________________________________
Sample 1
Major Property means any of the Initial Collateral Properties in Nashville, Tennessee, Smithfield, North Carolina, Branson, Missouri or Georgetown, Kentucky; or any Acquisition Property designated as a Major Property by the Lender and comparable to the aforementioned Major Properties in terms of its Property NOI relative to the aggregate Property NOI of all the Collateral Properties.
Sample 1

Related to Major Property

  • DOCPROPERTY DocID" \* MERGEFORMAT 22518942.2 238213-10001 5

  • 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.

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

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

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

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

  • 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.

  • 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.

  • Residential property means improved property that:-

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • 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.

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

  • 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.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • 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.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • 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.

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

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

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • 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.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • 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.

  • 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.