Examples of Orleans Property in a sentence
The Company shall promptly provide Parent with all material documents relating to the negotiation and sale of the New Orleans Property.
Notwithstanding the foregoing, the Bank agrees that the initial Advance to be made on the date hereof shall be in the amount of $5,936,784.93 and shall be used solely for the following purposes: (i) to repay all interest and principal outstanding under the Original Loan; and (ii) to repay that certain mortgage currently encumbering the New Orleans Property.
The Bank shall have received evidence that the Mortgages have been recorded, creating a valid first priority Lien on the Las Vegas Property (the "Las Vegas Mortgage"), the New Orleans Property (the "New Orleans Mortgage"), and the Washington Property (the "Washington Mortgage") which Mortgages shall be in the form of Exhibit E (with such changes as are necessary or appropriate so as to conform to the law and practice of the state in which each Mortgaged Property is located).
In the event that the Orleans Testing Results reveal conditions that require notification to the Massachusetts DEP, the Purchaser may elect to treat the Orleans Property as a Rejected Property pursuant to Section 10.3 of this Agreement.
The Maintenance Services shall be of the type and quantity historically provided to the Business at the maintenance shop located on the Orleans Property.
It shall be a condition precedent of the Purchaser’s obligation to consummate the Closing that the laboratory analytical results of the investigations permitted under the Orleans/Middleboro Access Agreement with respect to the Orleans Property (the “Orleans Testing Results”) do not reveal conditions that require notification to the Massachusetts DEP pursuant to 310 CMR 40.0300 of the Massachusetts Contingency Plan.
The Purchaser and the Sellers have agreed that the Purchaser may perform, pursuant to and in accordance with the terms of the Orleans/Middleboro Access Agreement (including, without limitation, the scope of work attached thereto as Exhibit B), such limited environmental investigations at the Orleans Property and the Middleboro Property as are described in the Orleans/Middleboro Access Agreement.
In the event that the Orleans Lighting Work is not completed prior to the Closing Date, the Purchaser and Skaket Associates Trust shall enter into an access agreement, in form and substance acceptable to such parties, to permit Skaket Associates Trust such limited access to the Orleans Property as may be necessary to perform the Orleans Lighting Work.
Prior to the Closing, without the prior written consent of Sellers, which may be withheld for any reason, Buyer shall have no right to perform invasive or subsurface investigations of the Real Property or the Retained Orleans Property.
Concurrently with the issuance of the Orleans Final Certificate of Compliance, the CCC required that the height of the lighting at the Orleans Property be changed and requested that Skaket Associates Trust provide the Harwich/Orleans Escrow Agent with TEN THOUSAND DOLLARS ($10,000) to assure that the lighting at the Orleans Property be changed to comply with the CCC’s requirements relating to height and illumination.