Purchased Real Property Leases definition

Purchased Real Property Leases has the meaning set forth in Section 5.19.
Sample 1Sample 2
Purchased Real Property Leases shall have the meaning set out in Section 1.2(t).
Sample 1

Examples of Purchased Real Property Leases in a sentence

  • The Sellers are not in material default under, and there are no outstanding notices of material default or termination under, any of the Purchased Real Property Leases, and at the Closing, there shall not exist a material default or an event which, with the passage of time or the giving of notice or both, would constitute a material default on the part of the Sellers or, to the Knowledge of Sellers, the other parties thereto.

  • Since December 31, 2005, no tenant or licensee under any of the Purchased Real Property Leases has been granted any material waiver or forbearance with respect thereto.

  • Any Purchased Real Property Lease subject to expiration or termination on or before March 31, 2007 that is not contained on Purchaser’s notice shall cease to be included among the Purchased Real Property Leases.

  • Promptly following the date hereof, Seller shall provide Purchaser with a list of all Purchased Real Property Leases that are subject to expiration or termination on or before March 31, 2007, and all Purchased Real Property Leases that are subject to automatic renewal before such date (or thereafter if the date by which any termination notice need be given is before such date).

  • Seller shall cooperate and consult with Purchaser in using their reasonable efforts to extend those Purchased Real Property Leases set forth on Purchaser’s notice, on such terms as are reasonably acceptable to Purchaser, subject to the approval of the Creditors’ Committee and the Bankruptcy Court.

  • Purchaser shall, within thirty (30) days after its receipt of such list, notify SVCMC in writing of those expiring Purchased Real Property Leases that it desires to have continued.

  • The Sellers have no Knowledge of any act or omission which, but for the passage of time or the giving of notice or both, would constitute a default under any of the Purchased Real Property Leases.

  • Purchaser shall, within thirty (30) days after its receipt of such list, notify Seller in writing of those expiring Purchased Real Property Leases that it desires to have continued.

  • Seller and Purchaser each agree to use commercially reasonable efforts to do such further acts and things as may reasonably be required to obtain the Bankruptcy Court’s approval of the Sale Order, the sale of the Purchased Assets to Purchaser in accordance with this Agreement, the assumption and/or assignment or transfer of the Purchased Real Property Leases, Purchased Contracts and Permits, or any other agreement contemplated hereby and the consummation of the transactions contemplated hereby.

  • Except as set forth in Section 5.6(b) of the Seller Disclosure Schedule and as otherwise superseded by the applicable provisions of the Bankruptcy Code, to the Knowledge of Seller, Seller is not in material breach or default, and, to the Knowledge of Seller, the other parties under each of the Purchased Real Property Leases have complied in all material respects therewith, and are not in default thereunder beyond any applicable notice and cure periods.

Related to Purchased Real Property Leases

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Company Leases shall have the meaning set forth in Section 3.12(a).

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

  • 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.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Real Property Laws as defined in Section 3.1.18(f).

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • 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.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

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

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.