Mexican Property definition

Mexican Property means with respect to any Mexican Subsidiary, any property, rights or revenues, or interest therein (other than the Mexican Real Estate Properties), owned by such Mexican Subsidiary.
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Mexican Property means those mineral or mining properties, claims, lots or concessions more particularly described in Schedule "A-I" attached to, and made a part of, this Agreement, and "Nevada Property" means those mineral or mining properties, patented or unpatented claims or leases more particularly described in Schedule "A-II" attached to, and made a part of, this Agreement, together with the surface rights, mineral rights, personal property and permits associated therewith, and shall include any renewal thereof and any other form of successor or substitute title thereto;
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Mexican Property means the Xxxxx Property;
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Examples of Mexican Property in a sentence

  • Condemnation proceeds received in respect of a condemnation of a Mexican Property will be initially received by the Mexican Trustee and forthwith delivered by Mexican Trustee to Note Trustee for application as provided herein.

  • EBRIGHT, supra note 1; David Correia, Making Destiny Manifest: United States Territorial Expansion and the Dispossession of Two Mexican Property Claims: 1824–1899, 34 J.

  • All facilities, machinery and equipment owned or used by Normabec and each of the Normabec Subsidiaries in connection with the Mexican Property are in good operating condition and in a state of good repair and maintenance, reasonable wear and tear excepted.

  • The Credit Parties will not enter into any arrangement, directly or indirectly, whereby the Company or any Subsidiary shall sell or transfer any property owned by it to a Person (other than the Company or any Subsidiary) in order then or thereafter to lease such property or lease other property which the Company or any Subsidiary intends to use for substantially the same purpose as the property being sold or transferred, other than in connection with the Mexican Property Financing.

  • As of September 25, 2023, the approximate value of the Specified Mexican Property is $60,000.

  • There has not been any significant interruption of operations, supplies, access or services by contractors of the Business due to inadequate maintenance of any of the property or assets owned and used by Normabec or any Normabec Subsidiary in connection with the Mexican Property.

  • The next Mexican Property taxes are due on July 31, 2007, and are to be DCP’s responsibility.

  • The Purchaser acknowledges and agrees that it will incorporate a subsidiary under the laws of Mexico (the "Purchaser's Subsidiary") for the purposes of holding the Mexican Property on behalf of the Purchaser.

  • Normabec or the Normabec Subsidiaries own or lease all of the property and assets used in or necessary for the conduct of the Business as it is currently being conducted in connection with the Mexican Property with good and marketable title to all property and assets which are owned by Normabec or any Normabec Subsidiary in connection with the Mexican Property, free and clear of any and all Encumbrances other than as set forth in Section 3.1.19 of the Normabec Disclosure Schedule.

  • To secure the Guarantor’s obligations herein, the Guarantor shall execute a Pledge and Security Agreement, dated as of the date of this Guaranty, pursuant to which the Guarantor pledges all of its assets, including without the Mexican Property (collectively the "Pledged Collateral") to the Lender as collateral for the Borrower's Obligations (the "Security Agreement").


More Definitions of Mexican Property

Mexican Property means all land, buildings, fixtures and appurtenances located at Blvd Carrertera Riberena KM. Maquilpark Lote #1, Apartado Xxxxxx Xx 000, XX, Xxxxxxx, Xxxxxxxxxx, Xxxxxx, 00000, and all rent and income generated therefrom, and all proceeds generated by the sale, lease, transfer, condemnation, taking or other disposition of such property.
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Mexican Property means the property know as the Real de Catorce Property located in San Xxxx Potosi State, Mexico;
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Mexican Property means the real estate owned by Xxxxxxxx Beach Mexico, located at Parque Industrial Xxxxxxx Xxxxx, 00-0000 Xxxxxxxx, Xxxxxxxx, Xxxxxx C.P. 25017.
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Related to Mexican Property

  • 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.

  • 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.

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

  • 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.

  • 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.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

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

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

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

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • 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.

  • 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.

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from section 9 of the Act, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use of the property for the purpose of eco-tourism or for the trading in or hunting of game;

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

  • 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 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.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • 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.

  • 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.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Residential property means improved property that:-

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied