Pooled Properties definition

Pooled Properties means, collectively, the Property and the Affiliate Properties.
Sample 1Sample 2Sample 3
Pooled Properties means, 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.
Sample 1
Pooled Properties shall have the meaning set forth in Section 2.1(a).
Sample 1

Examples of Pooled Properties in a sentence

  • The Security Instruments provide, without limitation, that upon the occurrence of an event of default under the terms and conditions of any of the Pooled Loans, Lender shall be entitled to exercise any and all remedies under any Security Instrument and/or mortgages, deeds to secure debt, or deeds of trust securing the Pooled Loans, including but not limited to, accelerating each of the Pooled Notes and conducting a foreclosure sale on any one or more of the Pooled Properties.

  • The Security Instruments provide, without limitation, that upon the occurrence of an Event of Default, under the terms and conditions of any of the Pooled Loans, Lender shall be entitled to exercise any and all remedies under any Security Instrument and/or mortgages, deeds to secure debt, or deeds of trust securing the Pooled Loans, including but not limited to, accelerating each of the Pooled Notes and conducting a foreclosure sale on any one or more of the Pooled Properties.

  • Borrower will maintain full and accurate books of account and other records reflecting the results of the operations of each Project and all the Pooled Properties and containing full, true and correct entries in accordance with generally accepted accounting principles, applied on a consistent basis, prepared on an accrual basis.

  • Lender shall have ordered and received an Appraisal for the Project or each of the Pooled Properties in which Borrower is pledging its ownership interest, as applicable, securing the Loan.

  • The New Loan, and with respect to a CAPEX Draw, the Borrower's ownership interest in the Pooled Properties and the Pooled Properties, shall meet all of Lender's underwriting criteria, as established by Lender in its sole and absolute discretion.

  • Borrower shall permit the Lender and such other persons as Lender may designate to visit and inspect any Project or any of the Pooled Properties; to examine the books, records and documents relating to such Project or any of the Pooled Properties and take copies and extracts therefrom; and to discuss the affairs of Borrower with independent accountants of Borrower at such times and as often as Lender may reasonably request.

  • Additionally, within 30 days after the end of each Fiscal Quarter (including year-end), Tenant shall deliver to Landlord a quarterly report shall be accompanied by a report of Tenant detailing, for such Fiscal Quarter, (i) the deposits into, withdrawals from and balances in the FF&E Account, (ii) the Property Revenues, (iii) the Pooled Properties EBITDAR, and (iv) the number of memberships at the Property.

  • Borrower shall not abandon any Project or any of the Pooled Properties.

  • As used herein, “Debt Yield” shall mean the quotient of (A) net cash flow of all Pooled Properties (excluding the Property and including the Substitute Property) divided by (B) the projected outstanding principal balance of the Pooled Loans (excluding the Property and including the Substitute Property) on the date of the release.

  • The Security Instruments provide, without limitation, that upon the occurrence of an Event of Default under the terms and conditions of any of the Pooled Loans, Lender shall be entitled to exercise any and all remedies under any Security Instrument and/or mortgages, deeds to secure debt, or deeds of trust securing the Pooled Loans, including but not limited to, accelerating each of the Pooled Notes and conducting a foreclosure sale on any one or more of the Pooled Properties.


More Definitions of Pooled Properties

Pooled Properties means, collectively, the Properties and the properties that are subject to the Lease Documents.
Sample 1
Pooled Properties means, collectively, the Properties and the properties that are subject to the Loan Documents.
Sample 1

Related to Pooled Properties

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Additional Properties means any oil and natural gas assets or related interests that are acquired by any member of the Partnership Group pursuant to an Acquisition.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.