Owned Land definition

Owned Land has the meaning specified in Section 4.20(b).

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Owned Land has the meaning set forth in Granting Clause First.

Owned Land has the meaning set forth in Section 1.1(d).

Examples of Owned Land in a sentence

As of the end of each fiscal quarter of the Borrower, permit the book value of Unsold Owned Land to exceed 125% of the sum of Consolidated Tangible Net Worth and Subordinated Debt (other than that portion of Subordinated Debt due within one year as a regularly scheduled principal payment).
Granting Clause First All of the property, rights, title, interest, privileges and franchises particularly described in annexed Schedule 1 (the "Owned Land"), which Schedule is hereby made a part of, and deemed to be described in, this Granting Clause as fully as if set forth in this Granting Clause at length.
The record owner of the Owned Land is described in Schedule A and the record owner of the Leased Land is described on Schedule B.
Schedule 1.1(d) and Schedule 1.1(e), respectively, identify all of the Owned Land and Leased Real Property owned or leased by the Seller Group and used or held for use in the operation of the Business.
Except as set forth in Schedule 3.4(b), the applicable Seller has good and defensible title to all the Owned Land and other real property comprising a portion of the Owned Sites being transferred free of any Liens, encumbrances and other limitations of domain, except Permitted Encumbrances and Liens on the Owned Land pursuant to the Existing Mortgages which Liens are listed on Schedule 3.4(b).

More Definitions of Owned Land

Owned Land means land (other than Finished Lots) owned or held by the Borrower or any Guarantor for development or sale or land under development.

Owned Land means the portion of the Land fee simple title to which is owned by Grantor.

Owned Land shall have the meaning set forth in the recitals of this Agreement.

Owned Land means (i) in the case of Black Hawk, the land ---------- described in Schedule A annexed hereto as Parcels 1, 2, 3, 4 and 5 and (ii) in ---------- the case of Black Hawk/▇▇▇▇▇▇, the land described in Schedule A annexed hereto ---------- as Parcel 6, in each case together with Black Hawk's or Black Hawk/▇▇▇▇▇▇'▇, as the case may be, reversionary rights therein and each of the Grantors' rights in and to any and all easements, rights-of-way, strips and gores of land, waters, water courses, water rights, mineral, gas and oil rights and all power, air, light and other rights, estates, titles, interests, privileges, liberties, servitudes, licenses, tenements, hereditaments and appurtenances whatsoever, in any way belonging, relating or appertaining thereto, or any part thereof, or which hereafter shall in any way belong, relate or be appurtenant thereto.

Owned Land means all the land owned by the Company shown edged yellow red and blue on Drawing Number o.2 6517/Sk127 Keadby2_DWD_0011, annexed hereto;

Owned Land means each parcel of real property (whether on the ground or rooftop) or tract of land on which a Tower is located which parcel of real property or tract of land is owned by the Company;

Owned Land means the tracts of land on which Towers are located that are owned by Sellers and described in Schedule 3.4(b).