Northern Properties definition

Northern Properties means, collectively, the properties identified on Schedule B. “Northern Property” shall mean any one (1) of the Northern Properties. As will be addressed in more detail in the relevant Contribution Agreement: (a) certain Northern Affiliates directly or indirectly own certain of the Northern Properties in fee simple; (b) certain Northern Affiliates directly or indirectly own leasehold interests in certain of the Northern Properties; (c) certain Northern Affiliates directly or indirectly own less than one hundred percent (100%) of certain Northern Properties, in a tenancy-in-common with an unrelated third party; (d) certain Northern Affiliates directly or indirectly own less than one hundred percent (100%) of certain Northern Properties in a joint venture relationship with an unrelated third party; and (e) certain Northern Affiliates directly or indirectly own a Northern Property through a condominium. In the case of all of (c), (d) and (e), however, the Northern Affiliates directly or indirectly hold day-to-day operational control over the pertinent Northern Properties.
Sample 1Sample 2Sample 3
Northern Properties means certain portions of the farm Rhenosterspruit 28 JQ, Pylkop 26 JQ, Vaalkop
Sample 1
Northern Properties means any Oil and Gas Properties of the Borrower in the Northern Area, including, without limitation, the Oil and Gas Properties described on Exhibit VIII attached hereto. Any Oil and Gas Property hereafter acquired by the Borrower in the Northern Area shall be a Northern Property at the time of such acquisition.
Sample 1

Examples of Northern Properties in a sentence

  • Northern Properties Corporation of Plattsburgh Northern Sanitation, Inc.

  • Because the contribution of the Contributed Interests may cause certain Northern Affiliates to terminate for federal income tax purposes under Section 708(b) of the Code, the parties to this Agreement agree that the Contribution Agreement with respect to the Northern Properties shall provide that the Northern Members shall have the right and obligation to file any final tax returns for such Northern Affiliates.

  • From and after the date of this Agreement, Northern shall not take any action, or fail to take any action, outside of the ordinary course of its business that would cause title to the Northern Properties to be subject to any material title exceptions or objections, other than the Permitted Exceptions.

  • Between the effective date of the closing of the Master UPREIT Agreement and the exercise of the conversion option in Section 3.3, above, the General Partner agrees to retain the designee of the Limited Partner to serve as “property manager” of the Northern Properties, which shall not be confused with providing General Partner duties in this Article IV.

  • Thereafter, the General Partner, as General Partner, shall devote to the management of the Partnership as much time as it, in its sole discretion, determines is reasonably necessary for the efficient property management of the Northern Properties, in addition to its other duties and obligations as General Partner for the Partnership, including but not limited to those in Section 4.3, below..

  • The UPREIT shall acquire from Northern the Northern Properties in exchange for limited liability partnership interests, defined herein as “Units,” in the UPREIT.

  • The Partnership shall directly or indirectly own, in full or in part and in fee simple or leasehold interests the Northern Properties.

  • AHIT and Northern have agreed that the aggregate Gross Asset Values, including the value attributable to the Contributed Assets, is approximately $1,333,000 (prior to deducting the aggregate amount of the Northern Properties Indebtedness), subject to the prorations and adjustments provided in the applicable Contribution Agreement, or as otherwise provided herein.

  • At Closing, the Northern Properties shall be free and clear of all material liens, covenants, restrictions, easements, encumbrances, and other title exceptions or objections excepting, however, the Permitted Exceptions (hereinafter defined).

  • Northern Properties Corporation of Plattsburgh Xxxxxxx Waste Management of Pennsylvania, Inc.


More Definitions of Northern Properties

Northern Properties means the petroleum and natural gas properties and related assets that are the subject of the March 2011 Acquisition Agreement;
Sample 1
Northern Properties means the minor petroleum and natural gas properties and related assets located in northern Alberta transferred to Boulder in connection with the Arrangement;
Sample 1
Northern Properties means the petroleum and natural gas properties and related assets located in the Brazeau, West Pembina and the Peace River Arch areas of northern Alberta and acquired by the Corporation via the March 2011 Acquisition;
Sample 1

Related to Northern Properties

  • 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.

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

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Material Properties means the material mineral properties and projects of the Corporation and Subsidiaries, more particularly set out in Schedule “B” hereto (which schedule is incorporated into and forms part of this Agreement), including, without limitation, the material mineral properties known as the Twangiza, Lugushwa, Namoya and Kamituga deposits, and each a “Material 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.

  • Environmental Infrastructure System means the Environmental Infrastructure Facilities of the Borrower, including the Project, for which the Borrower is receiving the Loan.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Historic building means a building, including its structural components, that is located in this state and that is either individually listed on the national register of historic places under 16 U.S.C. 470a, located in a registered historic district, and certified by the state historic preservation officer as being of historic significance to the district, or is individually listed as an historic landmark designated by a local government certified under 16 U.S.C. 470a(c).

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • Timberlands means all the timberlands from time to time owned by the Loan Parties.

  • 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.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • 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.

  • Residential property means improved property that:-

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • 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.

  • Community property means that property of a husband and wife

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Farmland means land actively devoted to agricultural or

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • 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 ofthe property for the purpose of eco-tourism or for the trading in or hunting of game.