POOLED FACILITIES definition

POOLED FACILITIES means three or more Operating Facilities having an aggregate appraised value of at least TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00), (i) the debt financings or leases of which are cross defaulted and, with respect to Mortgages, cross collateralized and (ii) which are commonly owned or operated by any Person or Affiliate of such Person.
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POOLED FACILITIES. Facilities which are (i) leased by a Borrower to an Operator or Operators pursuant to a single Master Lease, or (ii) commonly owned by an Operator or Operators, the Mortgages on which are held by a Borrower to secure a single loan.
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POOLED FACILITIES means, collectively, the Facilities and the facilities that are subject to the Loan Documents.
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Examples of POOLED FACILITIES in a sentence

  • POOLED FACILITIES" means three or more Operating Facilities having an aggregate appraised value of at least TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00), (i) the debt financings or leases of which are cross defaulted and, with respect to Mortgages, cross collateralized and (ii) which are commonly owned or operated by any Person or Affiliate of such Person.


More Definitions of POOLED FACILITIES

POOLED FACILITIES means Facilities which are commonly owned or operated by one Operator or an Affiliate thereof (as selected by the Company or any of its Subsidiaries), and the debt financings or leases of which are cross-defaulted and, with respect to Mortgages, are cross-collateralized.
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POOLED FACILITIES means, collectively, the Facilities and the facilities that are subject to the Loan Documents. 1.30. “Pooled Properties” shall mean, collectively, the Properties and the properties that are subject to the Loan Documents. 1.31. “Properties” shall mean, collectively, all of the Assets relating to the properties identified on Exhibit C attached hereto. 1.32. “Purchase Price” shall mean an amount equal to Sixty-One Million Dollars ($61,000,000). 1.33. “Real Property shall mean, with respect to any Property, the real property described in the applicable Exhibits D-1 through D-[ ] attached hereto, together with all easements, rights of way, privileges, licenses and appurtenances which the Sellers may own with respect thereto. -6- 1.34. “Sellers” shall have the meaning given such term in the preamble to this Agreement. 1.35. “Purchaser” shall have the meaning give such term in the preamble to this Agreement. 1.36. “Surveys” shall have the meaning given such term in Section 3.2. 1.37. “Tenant” shall mean AHC Trailside, Inc. and its permitted successors and assigns under the Lease Documents and the Loan Documents to which it is a party. 1.38. “Tenant Leases” shall mean, with respect to any Property, all leases, rental agreements or other agreements (including all amendments or modifications thereto) which entitle any person to have rights with respect to the use or occupancy of any portion of such Property. 1.39. “Title Commitments” shall have the meaning given such term in Section 3.2. 1.40. “Title Company” shall mean Chicago Title Insurance Company, or such other title insurance company as shall have been selected by the Sellers and approved by the Purchaser, which approval shall not be unreasonably withheld, delayed or conditioned. 1.41. “Wynwood” shall have the meaning given such term in the preambles to this Agreement. SECTION 2.
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Related to POOLED FACILITIES

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Shared Facilities means the gen-tie lines, transformers, substations, or other equipment, permits, contract rights, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from the Facility (which is excluded from Shared Facilities) to the point of interconnection, including the Interconnection Agreement itself, that are used in common with third parties.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities. Generation Interconnection Customer:

  • Railroad facilities means right of way and related

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Public facilities means amenities that are—

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Project Facilities means the facilities, equipment and vehicles provided under the Project;

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Other Facilities means athletic stadiums, swimming pools, any associated structures or related equipment tied to such facilities including, but not limited to, grandstands and night field lights, greenhouses, facilities used for non-instructional or non-educational purposes, and any structure, building, or facility used solely for school administration;

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • associated facilities means all associated track structures, over and under track structures, supports (including supports for equipment or items associated with the use of the Network), tunnels, bridges, train control systems, signalling systems, communication systems and associated plant, machinery and equipment from time to time but only to the extent that such assets are related to or connected with the Network but does not include any sidings or yards;

  • Utility Facilities means the plant, equipment and property, including but not limited to the poles, pipes, mains, conduits, ducts, cable, wires, plant and equipment located under, on, or above the surface of the ground within the public right-of-way of the city and used or to be used for the purpose of providing utility or telecommunications services. (Ord. 99-1003 §1 (part), 1999)