Owned Facilities definition

Owned Facilities means the real property and associated fixtures owned by Seller as specifically described on Schedule 2.1(a).

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Owned Facilities means the real property and associated fixtures owned by ARC as specifically described on Schedule 2.1(a).

Owned Facilities means the facilities identified in Section 4.1(n) of the Seller Disclosure Letter, including (i) the improvements and structures located thereon, (ii) all easements, and appurtenances in favor of or benefitting said property or any portion thereof, and (iii) for purposes of Section 2.1 only, the owner's right, title and interest in (A) all furniture, fixtures, fittings apparatus, equipment, machinery, fire safety, data transmission, security, electrical, water, sewer, gas and other utility systems, leases, and other items of tangible and personal property located on, attached to, used in connection with, required for the operation of, or arising as a consequence of the ownership, operation, maintenance, management of said land and improvements, (B) any deposits, prepayments, intangible personal property, guaranties, warranties, and contracts now or hereafter arising in connection with ownership, use or operation of such property, to the extent designated by Buyer, in its sole discretion, as included in the Acquired Assets, and (C) any lease rights (including, without limitation, the lessor's interest in and to all tenant leases, subleases and tenancies, including all amendments, modifications, agreements, records, substantive correspondence, and other documents affecting in any way a right to occupy any portion of said land and improvements and the lessor's interest in all security deposits and prepaid rent, if any, under said leases, and any and all guaranties of said leases).

Examples of Owned Facilities in a sentence

• MCWD and MCWRA shall also provide CAW with reasonable prior written notice of the expected initiation of the Acceptance Test for the MCWD Owned Facilities or the MCWRA Owned Facilities, whichever is applicable.

• No real property is owned, leased or used by the Company or its current subsidiaries in the course of their respective businesses other than the Owned Facilities and Leased Facilities.

• The MCWD Owned Facilities and MCWRA Owned Facilities shall be subjected to Acceptance Testing and certification of Acceptance Testing to be provided pursuant to Section 4.15.

• If the MCWRA Owned Facilities, or any part thereof, shall be damaged or destroyed by fire, earthquake or other casualty, MCWRA shall proceed with diligence and promptness to carry out any necessary demolition and to restore, repair, replace, and/or rebuild them to a condition and fair market value, utility and remaining useful life not less than the condition and fair market value, utility and remaining useful life thereof immediately prior to such casualty.

• Subject to the terms of Article 8, Force Majeure and Section 9.8, MCWRA shall operate or cause to be operated the MCWRA Owned Facilities so as to supply Brackish Source Water in a quantity to produce Product Water which satisfies both the CAW Allocation and the MCWD Annual Allocation.

More Definitions of Owned Facilities

Owned Facilities has the meaning set forth in the recitals.

Owned Facilities means the Asheville Property, the Aynor Property, the ▇▇▇▇▇▇ Property, the Kings Mountain Property, the Red Springs Property, the Whiteville Property and the ▇▇▇▇▇▇▇ Property, a legal description of each of such Owned Facilities is attached hereto as Schedule 1.1(xi) of the Disclosure Schedule.

Owned Facilities means the real property and improvements described on Section 1.01(a) of the Welltower Disclosure Letter, which Welltower owns, directly or indirectly, in fee simple absolute title. Such descriptions include the legal descriptions for the Owned Facilities based on the Surveys.

Owned Facilities means the real property and associated fixtures owned by Kenco located at ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇.

Owned Facilities means the real property and associated fixtures owned by Peanut City as specifically described on SCHEDULE 2.1(a).

Owned Facilities shall have the meaning given to such term in the Recitals of this Agreement and as legally described in Schedule 2.1.1. 7 1.48. "Party" shall mean either Seller or Purchaser (or its permitted nominees), individually, as the context so requires, and the term "Parties" shall mean Seller and Purchaser (or its permitted nominees) together.

Owned Facilities shall have the meaning set forth in the Recitals.