Option Properties definition

Option Properties is defined in Section 9.8.
Option Properties means the Seller Option Properties and the Grantor Option Properties.
Option Properties means the real property described on Exhibits A-10 through A-14, attached hereto and made a part hereof, and all other property of Seller as more particularly set forth in the Option Agreements.

Examples of Option Properties in a sentence

  • At any one time and from time to time, Mezzanine Borrower may cause Mortgage Borrower to allow Individual Properties (other than the Distribution Centers) to Go Dark provided that (i) the aggregate Allocated Loan Amount for all Individual Properties that Go Dark at any one time (excluding any Go Dark Purchase Option Properties) shall not exceed the Go Dark Limit and (ii) in no event may Mezzanine Borrower allow the Mortgage Borrower to allow any Go Dark Purchase Option Property to Go Dark.

  • The properties of Wigner functions have been discussed in subsection 2.3, in particular the fact that Wρ may take negative values.√What we observe are not the variables (Xl, Φl) but the noisy ones (Y1, Φ1), .

  • The Partners acknowledge and agree that the Partnership is not permitted to make a partial acquisition of either of the Roseland Option Properties (i.e., only a 100% ownership interest in an Option Property may be transferred).

  • The failure of the General Partner to effectuate the conveyance of the Roseland Option Properties to the Partnership or its Subsidiary pursuant to this Section 5(c) shall not be a default of its obligations under this Agreement, so long as the General Partner timely makes the required Capital Contribution or reduction to its Capital Account as provided in this Section 5(c).

  • On the Closing Date, and subject to performance by the Parties of the terms and provisions of this Agreement, Seller shall grant to Purchaser options to acquire the Option Properties at the purchase price and upon the terms and conditions set forth in the Option Agreements.


More Definitions of Option Properties

Option Properties means the Real Properties set forth in Part ----------------- II of Exhibit C attached hereto. Each of the Option Properties may be --------- separately referred to herein as an "Option Property".
Option Properties means such properties and improvements thereto which are the subject of that certain PropCo Call Right Agreement, by and among CEC, the Company and the other parties thereto, entered into in connection with the consummation of the Plan.
Option Properties means such properties and improvements thereto which are the subject of that certain PropCo Call Right Agreement.
Option Properties means such properties and improvements thereto which are the subject of those certain Call Right Agreements, by and between CEC and VICI Properties L.P., a Delaware limited partnership, entered into in connection with the consummation of the Plan.
Option Properties has the meaning given such term in Section 2.1(d).
Option Properties shall have the meaning set forth in the Recitals hereof.
Option Properties means the properties designated as Xxxxxxxx 0, Xxxxxxxx 0, Xxxxxxxx 0, Xxxxxxxx 4, and Building 5 on Exhibit B, which Landlord, Xxxxxx Xxxxxxxxxx ("Birmingham"), or an entity in which Birmingham has an ownership interest, currently owns in fee, or in which Landlord, Birmingham, or an entity in which Birmingham has an ownership interest acquires fee title interest or a ground lessee's interest at any time during the Lease Term, including the Real Property; provided, however, that nothing contained in this Section 1(s) or elsewhere in this Lease shall constitute or be deemed to constitute a covenant, representation, or warranty on the part of Landlord or Birmingham that Landlord or Birmingham will in fact acquire an interest in the properties designated on Exhibit B, and neither Landlord nor Birmingham shall have any liability whatsoever to Tenant for their failure to do so. Tenant agrees not to pursue the leasing or purchase of the Option Property designated as Building 4 on Exhibit B with any party (other than with Landlord pursuant to Paragraphs 29, 30 and 31 below), unless and until Building 4 is transferred in a bone fide transaction to a third party in which neither Landlord nor Birmingham has an ownership interest. Further, Tenant shall not enter into any substantive discussions regarding Building 4 without the prior written approval of Landlord, which may be withheld in Landlord's sole and absolute discretion, unless and until Building 4 is transferred to a third party in which neither Landlord nor Birmingham has an ownership interest.