Property Operating Statement definition

Property Operating Statement means the monthly statement, in the form of Exhibit C, or another form mutually acceptable to Borrower and Lender (but containing at a minimum the same requested information) to be prepared and delivered by Borrower to Lender pursuant to Section 2.6.
Sample 1Sample 2
Property Operating Statement or “POS” means a monthly statement substantially in the form of Exhibit L, and prepared by Borrower in accordance with Section 5.6(d).
Sample 1
Property Operating Statement means a monthly statement substantially in the form Exhibit D, to be prepared and delivered by Borrower to the Administrative Agent in accordance with Section 5.1.
Sample 1

Examples of Property Operating Statement in a sentence

  • Net Revenue shall be calculated by Lender based on the Property Operating Statement.

  • On or before the twentieth (20th) day of each month, along with the delivery of the Property Operating Statement due on such day, Borrower shall provide Lender with a statement showing the identity of Borrower's creditors, the amount due to each and the date each payment is due thereunder.

  • Borrower shall prepare and deliver the Property Operating Statement to Lender no later than the 20th day of each month.

  • Borrower shall prepare and deliver the Property Operating Statement to Lender once per month, as soon as practical and in any event no later than the last Business Day of each month.

  • The Invoice shall be accompanied by and based upon a Property Operating Statement for each Property.

  • The Borrower shall prepare and deliver a Property Operating Statement to the Lender no later than the 20th day of each calendar month.

  • The first Property Operating Statement is due on the twenty-fifth (25th) day of the month following the month in which the first Advance under the Term Loan is made.

  • At Lender’s request, within fourteen (14) days after Borrower has submitted to Lender each monthly Property Operating Statement pursuant to Section 2.6, representatives of Lender and Borrower shall meet at a mutually acceptable time and place to conduct a monthly review conference that will focus on, among other things, the data contained in the most recently submitted Property Operating Statement and such other operational and financial data and information as Lender may reasonably request.

  • At Lender's request, within fourteen (14) days after Borrowers have submitted to Lender each monthly Property Operating Statement pursuant to Section 2.6, representatives of Lender and Borrowers shall meet at a mutually acceptable time and place to conduct a monthly review conference that will focus on, among other things, the data contained in the most recently submitted Property Operating Statement and such other operational and financial data and information as Lender may reasonably request.

  • Such Property Operating Statement shall detail Borrowers' Gross Receipts and Expenses with respect to the month in which such Property Operating Statement is scheduled to be delivered and for any other such amounts relating to any preceding months that were not previously accounted for in a Property Operating Statement.


More Definitions of Property Operating Statement

Property Operating Statement means a monthly statement substantially in the form of Exhibit F, to be prepared and delivered by Empire USA to Lender in accordance with Section 2.7(b).
Sample 1
Property Operating Statement means the monthly statement, in the form annexed hereto as Exhibit 5, to be delivered by Borrower to Lender, pursuant to Section 2.6 hereof, which details Borrower's Crude Oil and Natural Gas production, revenue and Lease Operating Expenses, and any other income or expenses with respect to each Property for the purpose of determining the Net Revenue.
Sample 1
Property Operating Statement means the monthly statement, in the form of Exhibit "C," or another form mutually acceptable to Borrower and Lender (but containing at a minimum the same requested information) to be prepared and delivered by Borrower to Lender pursuant to Section 2.6.
Sample 1
Property Operating Statement refers to the GAAP monthly and quarterly statement of net income and loss for a Property prepared by ALC.
Sample 1
Property Operating Statement means the monthly statement, in the form attached hereto as EXHIBIT C, to be prepared and delivered by the Borrower to the Lender, pursuant to SECTION 2.6 hereof.
Sample 1

Related to Property Operating Statement

  • Operating Statement shall have the meaning set forth in Section 27.1 hereof.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • Listing Statement means the listing statement of Purchaser pertaining to the Transaction and in the form prescribed by the CSE;

  • Billing Statement has the meaning assigned to such term in Section 2.18(g).

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • 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.

  • Originating state means a state (and the subdivision thereof, if any) whose determination that certain educational personnel are qualified to be employed for specific duties in schools is acceptable in accordance with the terms of a contract made pursuant to article 3.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Filing Statement means all UCC financing statements or other similar financing statements and UCC (Form UCC-3) termination statements required pursuant to the Loan Documents.

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Financing Statement means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement.

  • Initiating state means a state in which a proceeding pursuant to this or a substantially similar reciprocal law is commenced.

  • CREFC® Property File The data file in the “CREFC® Property File” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Hotel Property means a Property on which there is located an operating hotel.

  • UCC Financing Statement A financing statement filed, or to be filed, pursuant to the UCC.

  • generating station or “station” means any station for generating electricity, including any building and plant with step-up transformer, switch-gear, switch yard, cables or other appurtenant equipment, if any, used for that purpose and the site thereof; a site intended to be used for a generating station, and any building used for housing the operating staff of a generating station, and where electricity is generated by water-power, includes penstocks, head and tail works, main and regulating reservoirs, dams and other hydraulic works, but does not in any case include any sub-station;

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).