Property Acquisition Agreement definition

Property Acquisition Agreement means that certain Property Acquisition Agreement, dated August 24, 2009, among the Company, the Business Manager and Acquisition Co.

Property Acquisition Agreement shall have the meaning set forth in Section 3.15(b).

Property Acquisition Agreement means the Poinciana Parkway Property Acquisition Agreement entered into by and between Osceola County and the Owner dated as of December 15, 2006, as amended and supplemented from time to time.

Examples of Property Acquisition Agreement in a sentence

• Each Property Acquisition Agreement executed by a Group Company with respect to an Additional Real Property has been adequately stamped and if required under applicable Law, has been duly recorded, filed or registered in the real estate records in the jurisdiction in which the Additional Real Property is located in accordance with provisions of applicable Law.

• A true, correct and complete copy of each Property Acquisition Agreement has been made available to SPAC.

• No Group Company, nor any Company Real Property, nor, to the Knowledge of the Company, any Additional Real Property, is subject to, or will assume in connection with any Property Acquisition Agreement, any material Contract (or any amendment or modification thereof), nor is any material Contract (or any amendment or modification thereof) under negotiation or currently contemplated in writing, other than the Existing Real Property Contracts.

• Each Property Acquisition Agreement is in full force and effect and constitutes a valid, legal and binding obligation of the applicable Group Company and, to the Knowledge of the Company, each other party thereto, enforceable in accordance with its terms (subject to the Enforceability Exceptions).

• No Group Company, nor to the Knowledge of the Company, any other party to any Property Acquisition Agreement, is in breach, violation or default thereunder or has any ongoing disputes with respect to or initiated under such Property Acquisition Agreement, and no event has occurred which, with notice or lapse of time, would constitute such a breach or default thereunder, except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

More Definitions of Property Acquisition Agreement

Property Acquisition Agreement means any binding Contract for the acquisition of Owned Real Property or for the use of Leased Real Property, in each case with an aggregate value in excess of $1,000,000 by any Group Company, together with all amendments thereto.

Property Acquisition Agreement means the property acquisition agreement, made as of the 14th day of September, 2004, between Txxxxx X. Xxxxx and Mxxxxx X. Xxxxxxxx;

Property Acquisition Agreement shall have the meaning ascribed to such term in the Facility Agreement.

Property Acquisition Agreement means the property acquisition agreement, made as of the 28 day of March, 2003, between Xxxxxxx X. Xxxxxx and -- ----- Corumel; dd) "Royalty" means a royalty on the Net Profits calculated in accordance with Schedule "B"hereto; ee) "Simple Majority" means a decision made by the parties hereof or the Management Committee by greater than 50% of the votes entitled to be cast.

Property Acquisition Agreement means the property acquisition agreement dated February 11, 2005 between Inland Real Estate Acquisitions, Inc., IWEST, and the Advisor, and any amendments, supplements, or modifications thereto.

Property Acquisition Agreement means the Poinciana Parkway Property Acquisition Agreement entered into by and between Osceola County and the Owner dated as of December 15, 2006, as amended and supplemented from time to time. “State” means the State of Florida. “Toll Commencement Date” means the Completion Date, or such earlier or later date as the Owner may otherwise determine. “Toll Measurement Date” means the date which is thirty (30) days prior to the effective date of any increases in the Base Toll Rates. “Toll Measurement Period” means the five (5) year period measured from the Toll Commencement Date and each three (3) year period thereafter. “Traffic and Revenue Consultant” means any independent engineer or engineering firm or corporation retained by the Owner and acceptable to Osceola County to perform the acts and carry out the duties provided for such Traffic and Revenue Consultant in this Agreement and enjoying a favorable national reputation for skill and expertise in connection with the preparation of user and revenue estimates for facilities similar to Poinciana Parkway. SECTION 1.03.

Property Acquisition Agreement means the real property purchase and sale agreement, option agreement or other agreement providing for the acquisition by Balanced Care or BCC of property which has been approved by AHP as Qualified Property in accordance with this Agreement.