Material Owned Real Property definition

Material Owned Real Property means any Mine or other real property, in each case, owned or acquired in fee by any Loan Party having a fair market value in excess of $1,000,000.
Material Owned Real Property shall have the meaning assigned to such term in Section 3.20(a).
Material Owned Real Property means any owned real property of a Loan Party that has a value in excess of $5,000,000.

Examples of Material Owned Real Property in a sentence

  • Schedule 5.19 lists completely and correctly as of the Agreement Date all Material Owned Real Property and the addresses thereof.


More Definitions of Material Owned Real Property

Material Owned Real Property means any Real Property, or group of related tracts of Real Property, acquired (whether in a single transaction or a series of transactions) or owned in fee by any Loan Party, in each case, in respect of which the fair market value (including the fair market value of improvements owned or leased by such Loan Party and located thereon) on such date of determination exceeds $1,000,000.
Material Owned Real Property means each parcel of Real Property located in the United States which is acquired after the Closing Date by a Loan Party with a fair market value in excess of $2,500,000.
Material Owned Real Property means (a) the Real Property owned by any Credit Party listed in the Perfection Certificate dated as of the Closing Date and (b) any other Real Property owned by a Credit Party or acquired by a Credit Party with a fair market value in excess of $1,000,000. ​
Material Owned Real Property has the meaning specified in Section 5.18.
Material Owned Real Property means each of the owned Real Properties of the Loan Parties specified on Schedule 3.20(a) and on any date of determination, any owned Wood Pellet Production Facility or Port Facility and any other Real Property, or group of related tracts of Real Property, acquired (whether acquired in a single transaction or in a series of transactions) or owned in fee by any Loan Party, in each case having a fair market value (including the fair market value of improvements owned or leased by such Person and located thereon) on such date of determination exceeding $10,000,000.
Material Owned Real Property means any real property owned by any Loan Party in fee simple with a fair market value (determined in good faith by the Borrower) in excess of $1,500,000 or as to which the loss thereof would reasonably be expected to have a Material Adverse Effect.
Material Owned Real Property means any owned parcel of real property with a fair market value in excess of $1,000,000.