Property Addendum definition

Property Addendum means an addendum (as the same may be modified, amended or supplemented in writing, from time to time) which shall be attached to this Agreement and incorporated herein by reference as each Property is purchased and made subject to this Agreement describing the Property, including its real estate and the improvements thereon. If any Property is sold by Owner, the Property Addendum with respect to such Property may, at Owner’s election, be deemed of no further force or effect from and after the closing of any such sales, except to the extent of post-closing management and accounting functions thereafter to be performed.
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Property Addendum means an addendum (as the same may be modified, amended or supplemented in writing, from time to time) which shall be attached to this Agreement and incorporated herein by reference as each Property is purchased and made subject to this Agreement describing the Property, including the services to be provided by, and the Property Management Fees to be charged by, Property Manager. If any Property is sold by Owner, the Property Addendum with respect to such Property may, at Owner’s election, be deemed of no further force or effect from and after the closing of any such sale, except to the extent of post-closing management and accounting functions thereafter to be performed.
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Property Addendum means an addendum (as may be modified, amended or supplemented in writing from time to time) to be attached to this Agreement and incorporated within this Agreement by reference, executed by Manager and by the single asset subsidiary Owner of each Property. All currently owned Properties are subject to a Property Addendum, and as each new Property is purchased it is intended to be made subject to this Agreement. Each Property Addendum will describes its Property, including its real estate and the improvements. If any Property is sold by an individual Owner, the Property Addendum with respect to such Property shall be deemed of no further force or effect from and after the closing of the sale, except to the extent of post-closing management and accounting functions that are required to be performed under this Agreement.
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Examples of Property Addendum in a sentence

  • PECO shall perform such functions as are specified herein and/or on the Property Addendum related to each such Property.

  • PECO shall not have the right, power or authority to enter into agreements or incur liability on behalf of the Owner except as expressly set forth herein or in a Property Addendum.

  • Buyer acknowledges this disclosure is required by Kansas law, and may be found in the Seller’s Disclosure and Condition of Property Addendum or a separate document, if applicable.

  • Property Manager shall perform such functions as are specified herein and/or on the Property Addendum related to each such Property.

  • In the event this transaction is subject to the provisions of the Colorado Foreclosure Protection Act (the Act) (i.e., generally the Act requires that the Property is residential, in foreclosure, and Buyer does not reside in it for at least 1 year), a different contract that complies with the provisions of the Act is required, and this Contract shall be void and of no effect unless the Foreclosure Property Addendum is executed by all parties concurrent with the signing of this Contract.

  • Manager shall not have the right, power or authority to enter into agreements or incur liability on behalf of the Owner except as expressly set forth in this Agreement or in a Property Addendum.

  • Pursuant to this Lease, Landlord will be providing the personal property (collectively, the “Furnishings”) set forth on the attached Personal Property Addendum.

  • Property Manager shall not have the right, power or authority to enter into agreements or incur liability on behalf of Owner except as expressly set forth herein or in a Property Addendum.

  • If leases are unavailable at the time of signing, use the Tenant Occupied Property Addendum (PAR Form TOP).

  • For customers not licensing hosted Licensed Property hosted by AvePoint, this Hosted Licensed Property Addendum shall not apply.


More Definitions of Property Addendum

Property Addendum means an addendum (as the same may be modified, amended or supplemented in writing, from time to time) which shall be attached to this Agreement and incorporated herein by reference as each Property is purchased or otherwise acquired and made subject to this Agreement, describing the Property, including its real estate and the Improvements thereon. If any Property is sold or otherwise disposed of by Owner, all or substantially all of the equity interests in an Owner are transferred, all or substantially all of any Property is taken by condemnation, or all or substantially all of any Property is damaged or destroyed by fire or other casualty and Owner elects not to restore the Property following such fire or other casualty, the Property Addendum with respect to such Property may, at Owner’s election, be deemed of no further force or effect from and after the closing of any such sales, dispositions or transfers, or the date of such taking or casualty, except to the extent of post-closing management and accounting functions thereafter to be performed.
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Related to Property Addendum

  • Servicing Addendum The terms and conditions attached hereto as Exhibit 8 which will govern the servicing of the Mortgage Loans by Seller during the Preliminary Servicing Period.

  • Intellectual Property Assignment Agreement has the meaning set forth in Section 7.2(c)(viii).

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Data Use Agreement means the agreement incorporated into the Contract to facilitate creation, receipt, maintenance, use, disclosure or access to Confidential Information.

  • Back-Up Servicing Agreement has the meaning specified in the Servicing Agreement.