Purchased Properties definition

Purchased Properties means, collectively, all outstanding equity interests in each of the Xxxxxxxx Entities, The Quad, the Xxxxxx’x New Orleans Entities and the Bally’s LV Entities.
Sample 1
Purchased Properties means all those Properties on Schedule 1.2 other than the ------------ Contributed Properties which the parties have determined will be transferred and conveyed by the Sellers/Contributors to the Partnership for cash.
Sample 1
Purchased Properties has the meaning set forth in SECTION 1.1(a)(ii).
Sample 1

Examples of Purchased Properties in a sentence

  • Assignee acknowledges that it has relied solely on its own independent investigation of the Purchased Properties, both surface and subsurface, in making its decision to acquire the Purchased Properties; and, that Assignor has made no representations or warranties as to the accuracy or completeness of any information which may have been provided Assignee by Assignor.

  • The total purchase price for the Purchased Properties is approximately $2.2 billion, which includes $185 million of assumed debt related to The Cromwell and planned capital expenditures of $223 million, resulting in cash consideration of approximately $1.8 billion.

  • Separate state and federal assignments of the Purchased Properties will be prepared by Assignor into Assignee using the approved forms of the appropriate governmental agency.

  • In the event of such termination, all monies, proceeds, receipts, credits, and income, and all costs, payables, debits and expenses, accruing to the Purchased Properties for the period from the Effective Date to the date of termination, shall be the sole property and entitlement, and the sole responsibility, of Sellers and, to the extent received or paid by Buyer, Buyer shall fully disclose, account for, and promptly transmit to Sellers, or Sellers shall promptly transmit to Buyer, as the case may be.

  • As soon as practicable after the Closing, the Purchasers shall provide to the Sellers for the Sellers’ review and approval (which approval shall not be unreasonably delayed, conditioned or withheld) a proposed allocation of the Purchase Price among the Purchased Properties for all purposes (including financial accounting and Tax purposes); provided that such allocations are consistent with Law (including financial reporting and Tax Law).

  • Assignee accepts all personal property and fixtures associated with the Purchased Properties "AS IS" and "WHERE IS" and Assignor hereby expressly disclaims, negates, and makes this Assignment with NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, AT COMMON LAW, BY STATURE, OR OTHERWISE, RELATING TO THE PURCHASED PROPERTIES AS TO DESCRIPTION, QUANTITY, QUALITY, CONDITION, FITNESS FOR A PARTICULAR PURPOSE, CONFORMITY TO MODELS, OR SAMPLES OF MATERIALS, OR MERCHANTABILITY, OR OTHERWISE.

  • There shall not be any Law prohibiting the Sellers from selling or the Purchasers from owning, operating or controlling the Purchased Properties, or that makes this Agreement or the consummation of any of the Transaction Documents illegal.

  • As promptly after the date of this Agreement as practical, Sumitomo or its Representatives shall provide written notice to Apex setting forth the SC Designated Purchasers and the Purchased Properties each such SC Designated Purchaser will be acquiring.

  • In the event of the termination of this Agreement by Buyer pursuant to this Section 1.4(b), none of the Parties shall have any liability hereunder of any nature whatsoever to the other Parties, including any liability for damages; provided, however, that Sellers shall indemnify Buyer for any claims or liability relating to the Purchased Properties regardless of when the events giving rise to such claims or liability occurred.

  • There shall not be in effect any Legal Proceeding preventing the consummation of the Transactions, seeking any Losses as a result of the Transactions, or otherwise affecting the right or ability of the Purchasers to own, operate or control the Purchased Properties, nor shall any Legal Proceeding be pending that seeks any of the foregoing.


More Definitions of Purchased Properties

Purchased Properties means those natural gas and petroleum properties acquired by the Partnership on February 18, 2004.
Sample 1
Purchased Properties has the meaning ascribed thereto in the Recitals.
Sample 1
Purchased Properties means the Purchased Equity and the Purchased Assets.
Sample 1
Purchased Properties means the freehold, leasehold, and other interests (whether beneficial or legal or both) in real and immoveable properties owned by or on behalf of or used by the Seller in connection with the Aggregate Business, and described as follows: (i) the freehold lands and premises described in Schedule 1.1(ooo)(i) (the "NORTH QUARRY SITE"); (ii) the freehold lands and premises described in Schedule 1.1(ooo)(ii) (the "SOUTH QUARRY SITE"); (iii) the freehold lands and premises described in Schedule 1.1(ooo)(iii) (the "QUEENSTON QUARRY SITE"); (iv) the freehold lands and premises described in Schedule 1.1(ooo)(iv) (the "AGGREGATE/LIME PROCESSING SITE") and all plant, buildings, sidings, parking lots, roadways, structures, erections, improvements, appurtenances and fixtures situate on or forming part of such lands and premises, except for the Excluded Assets.
Sample 1
Purchased Properties has the meaning ascribed thereto in Section 3.1(j).
Sample 1

Related to Purchased Properties

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • 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.

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

  • Purchased Assets has the meaning set forth in Section 2.1.

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

  • 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.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • 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.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • 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.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

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

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

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Subject Assets is defined in Section 2.2(c).

  • Subject Interests means Assignor’s undivided interests in the Subject Lands, as determined prior to giving effect to this Conveyance (or as may be made part of the Subject Interests pursuant to Section 3.1 or 3.2 of the Development Agreement), whether as lessee under leases, as an owner of the Subject Minerals (or the right to extract such Minerals) or otherwise, by virtue of which undivided interests Assignor has the right to conduct exploration, drilling, development and Mineral production operations on the Subject Lands, or to cause such operations to be conducted, or to participate in such operations by paying and bearing all or any part of the costs, risks and liabilities of such operations, to drill, test, complete, equip, operate and produce xxxxx to exploit the Minerals. The “Subject Interests” (a) may be owned by Assignor pursuant to leases, deeds, operating, pooling or unitization agreements, orders or any other instruments, agreements or documents, recorded or unrecorded, (b) include any and all extensions or renewals of leases covering the Subject Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof, within six (6) months after the expiration or termination of any such lease, and (c) are subject to the Permitted Encumbrances. For the avoidance of doubt, the “Subject Interests” do not include: (i) Assignor’s interests in the Excluded Assets; (ii) Assignor’s rights to substances other than Minerals; (iii) Assignor’s rights to Minerals (other than Assignee Minerals) under contracts for the purchase, sale, transportation, storage, processing or other handling or disposition of Minerals; (iv) Assignor’s interests in, or rights to Minerals (other than Assignee Minerals) held in pipelines, gathering systems, storage facilities, processing facilities or other equipment or facilities, other than Development Xxxxx; or (v) any additional or enlarged interests in the Development Xxxxx, Subject Lands or Subject Minerals acquired by Assignor after the Closing Time, except (1) to the extent any such additional or enlarged interest becomes a part of the Subject Interests by amendment to this Conveyance pursuant to Section 3.1 or 3.2 of the Development Agreement, (2) as may result from the operation of the terms of the instruments creating the Subject Interests, or (3) as may be reflected in extensions and renewals covered by the preceding sentence.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Conveyed Property means the Initial Conveyed Property and the Subsequent Conveyed Property.

  • Sold Assets has the meaning set forth in Section 2.01(b).