Operating Properties definition

Operating Properties means all real property (including, without limitation, all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by any member of the Group.

Operating Properties means all such Operating Properties, collectively. An Operating Property shall not include any Redevelopment Asset or any New Construction Asset.

Operating Properties collectively, the Owned Properties and the Joint Venture Properties.

Examples of Operating Properties in a sentence

• None of the Unencumbered Operating Properties constitutes a "plan asset" of any Employee Plan, Multiemployer Plan or Guaranteed Pension Plan.

• In the event that all or any material portion of a property within the Unencumbered Operating Properties shall be damaged or taken by condemnation, then such property shall no longer be a part of the Unencumbered Operating Properties unless and until any damage to such Real Estate is repaired or restored, such Real Estate becomes fully operational and the Agent shall receive evidence satisfactory to the Agent of the value and Operating Cash Flow of such Real Estate following such repair or restoration.

• For the Las Vegas Operating Properties, this represents the estimated incremental casino revenue related to all table games play that would have been earned or lost had the company's current period win percentage equaled 22.0% for Baccarat and 20.0% for non-Baccarat.

• The Borrower shall not permit the weighted average aggregate Occupancy Rate of all Operating Properties that are Unencumbered Pool Properties to be less than 90% at any time.

• The ratio (expressed as a percentage) of (a) the net rentable square footage of all Unencumbered Pool Properties which are Stabilized Retail Operating Properties actually occupied by tenants paying rent pursuant to binding leases as to which no monetary default has occurred and is continuing to (b) the aggregate net rentable square footage of all Unencumbered Pool Properties which are Stabilized Retail Operating Properties shall at all times equal or exceed 90%.

More Definitions of Operating Properties

Operating Properties means all such Operating Properties, collectively.

Operating Properties means the San Xxxxxx xxxxxxx refinery and rod mill real property, the real property managed by the San Xxxxxx Mining Division, the real property managed by the Pinto Valley Mining Division, the real property managed by the Superior Mining Division and the real property managed by Magma Tintaya S.A., all as referred to in the Company Reports; (2) "Development Properties" means the real property of the Xxxxxxxx Mining Limited Partnership and the real property of the Xxxxxxxx Project, both as referred to in the Company Reports; (3) "Principal Properties" means all of the properties listed in clauses (1) and (2) above; (4) "Planned Developments" means the planned development and operation of the Development Properties, as described in the Company Reports; (5) "Planned Expansions" means the planned expansion and operation of Kalamazoo, Pinto Valley 7 & 8 Slice, Miami Expansion and Tintaya, all as described in the Company Reports; and (6) each reference to real property includes the improvements thereon and also includes all rights to minerals thereon.

Operating Properties has the meaning ascribed to such term in Section 3.10(a).

Operating Properties means all such Operating Properties, collectively. An Operating Property shall not include any Redevelopment Asset or any New Construction Asset or properties acquired during the previous twelve (12) months (until the one year anniversary date for acquired properties).

Operating Properties means operating properties, the Phoenix development project and properties with proven and probable ore reserves.

Operating Properties means all real property (including, without limitation, all buildings, fixtures, or other improvements located thereon) now, hereafter or heretofore owned, leased, operated, or used by SB or any of the SB Subsidiaries. “Order” means any administrative decision or award, decree, injunction, judgment, order, quasi- judicial decision or award, directive, ruling, or writ of any Governmental Authority. “Participation Facilities” means any facility in which SB or any of the SB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property. “Party” means SB or Buyer, and “Parties” means both such Persons. “Party in Interest” shall have the meaning as set forth in Section 4.15(f) of the Agreement. “PBGC” shall have the meaning as set forth in Section 4.15(b) of the Agreement. “Permit” means any federal, state, local, and foreign Governmental Authority approval, authorization, certificate, easement, filing, franchise, license, notice, permit, or right to which any Person is a party or that is or may be binding upon or inure to the benefit of any Person or its securities, Assets, or business, the absence of which or a Default under would constitute a Buyer or SB Material Adverse Effect, as the case may be. “Person” means a natural person or any legal, commercial or Governmental Authority, such as, but not limited to, a corporation, general partnership, joint venture, limited partnership, limited liability

Operating Properties shall have the meaning ascribed to such term in Section 4I(ii).