Permitted Property definition

Permitted Property means the real property comprised of a lot, parcel or other designated unit of real property upon which the Permitted Premises is situated.

Permitted Property means the real property comprised of a lot, parcel or other designated unit of real property (ie; property address) upon which the Location is situated.

Permitted Property means a Stabilized Property, provided that from and after the Investment Grade Rating Date, a Permitted Property shall also include Unimproved Land and Construction-in-Process located in the United States or a territory of the United States.

Examples of Permitted Property in a sentence

• The Company shall not, nor shall it permit any Subsidiary to, directly or indirectly, create, incur, assume or suffer to exist any Lien on (i) any Unencumbered Eligible Property other than Permitted Property Encumbrances, (ii) any Equity Interest of any Unencumbered Property Subsidiary other than Permitted Equity Encumbrances or (iii) any income from or proceeds of any of the foregoing.

• The Company shall not, nor shall it permit any Subsidiary to sign, file or authorize under the Uniform Commercial Code of any jurisdiction a financing statement that includes in its collateral description any portion of any Unencumbered Eligible Property (unless such description relates to a Permitted Property Encumbrance), any Equity Interest of any Unencumbered Property Subsidiary (unless such description relates to a Permitted Equity Encumbrance) or any income from or proceeds of any of the foregoing.

• The provisions of the Collateral Documents are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties a legal, valid and enforceable first priority Lien (subject to Permitted Property Encumbrances and Permitted Equity Encumbrances, as applicable) on all right, title and interest of the respective Grantors in the Collateral described therein.

• Create, incur, assume or suffer to exist any Lien on (i) any Unencumbered Property other than Permitted Property Encumbrances, (ii) any Equity Interest of any Owner of any Unencumbered Property other than Permitted Equity Encumbrances or (iii) any income from or proceeds of any of the foregoing; or sign, file or authorize under the Uniform Commercial Code of any jurisdiction a financing statement that includes in its collateral description any portion of any Unencumbered Property.

• Subject to Paragraph 3.12 relating to permitted contests, Lessee shall promptly (A) pay all Indebtedness of Lessee and other obligations prior to the time the non-payment thereof would give rise to a Lien on the Property and (B) discharge, at its sole cost and expense, any Lien on the Property which is not a Permitted Property Lien.

More Definitions of Permitted Property

Permitted Property means a property which is an income producing office, industrial or so-called flex property (or a Real Estate Asset Under Development which will be an income producing office, industrial or so-called flex property when completed) and is located in the State of Maryland, the Commonwealth of Virginia or the District of Columbia.

Permitted Property means, for a Borrower that is identified in Article I as a Restricted Multiple Asset Entity, real property other than the Mortgaged Property that Borrower has disclosed in writing to Lender it owns as of the Effective Date.

Permitted Property means all Property except receivables, crops, inventory and the Collateral.

Permitted Property means private property upon which an Owner has the express permission of the owner of that property to allow the Owner’s Dog, with the exception of a Dangerous Dog, to be At Large or Public Property which the Town, by resolution of Council, has designated that Dogs, with the exception of Dangerous Dogs, may be At Large and which Public Property has signs posted that indicate Dogs may be At Large.

Permitted Property means an Assessor's Parcel of Taxable Property that is not Developed Property for which a Building Permits was issued on or before April 1 preceding the Fiscal Year for which Special Taxes are being levied, provided that a Final Map for such Assessor's Parcels was recorded on or before January 1 of the prior Fiscal Year for which Special Taxes may be levied.

Permitted Property means private property upon which the owner has the express permission of the owner of that property to allow the owner’s dog to be at large or a public property area which the Village, by resolution of Council has designated that dogs may be at large and which public property is posted with signs to that effect. This provision shall not apply to restricted dogs and vicious dogs;

Permitted Property means cash, marketable securities, life insurance contracts, and non-private annuities.] includes real property, personal property, and interests in real or personal property.