Examples of Material Owned Property in a sentence

The Administrative Agent shall have received the Mortgages (including all leasehold Mortgages) with respect to each Material Owned Property, together with all additional documentation required to be delivered pursuant to clause (g) of the definition of “Collateral and Guarantee Requirement”.

More Definitions of Material Owned Property

Material Owned Property means any real property owned by any Loan Party in fee simple and (a) which has an estimated fair market value in excess of $1,500,000, (b) with respect to which the property of any of the Loan Parties having an estimated fair market value in excess of $3,500,000 is located thereon or attached thereto, (c) that is the headquarters or principal place of business of any Loan Party, or (d) as to which the loss thereof would have a Material Adverse Effect.

Material Owned Property means any fee-owned or acquired fee-owned Real Property Asset that has a fair market value in excess of $10,000,000, as reasonably determined in good faith by the Administrative Agent, including those listed on Schedule 1.01(d) hereto from time to time.

Material Owned Property means (a) the Issue Date Mortgaged Property and (b) any real property owned by any Obligor that is acquired after the Issue Date and that has a fair market value as determined by the Issuer in good faith in excess of $1,000,000.

Material Owned Property means any real property owned by any Credit Party that is reasonably determined by the Agent to be of material value as Collateral or of material importance to the operations of the Credit Parties.

Material Owned Property means Owned Property that is not Non-Material IP, excluding Trade Secrets.

Material Owned Property means any real property owned by any Loan Party that has a fair market value in excess of $2,000,000 or is reasonably determined by the Agent to be of material importance to the operations of the Loan Parties (taken as a whole) and listed on Schedule 1.01(a) hereto.