Related Financed Property definition

Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which was financed by the Local Bond as part of the Project.
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Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which was financed and refinanced by the Local Bond as part of the Project.
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Related Financed Property means the land, building, equipment and other property, the acquisition, construction, renovation, or equipping of which is being financed by this Agreement as part of the Project, and all of which constitutes a portion of the Leased Property.
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Examples of Related Financed Property in a sentence

  • The Local Government shall comply with all lawful requirements of any governmental authority regarding the Leased Property and the Related Financed Property, whether now existing or subsequently enacted, whether foreseen or unforeseen or whether involving any change in governmental policy or requiring structural, operational or other changes to the Leased Property or the Related Financed Property, or both, irrespective of the cost of making the same.

  • At its own cost and expense the Local Government shall operate the Leased Property and the Related Financed Property in a proper, sound and economical manner in compliance with all legal requirements and shall maintain the Leased Property and the Related Financed Property in good repair and operating condition and from time to time shall make all necessary repairs, renewals and replacements.

  • The Local Government shall, at its sole cost and expense, obtain all permits, consents and approvals required by local, state or federal laws, ordinances, rules, regulations or requirements in connection with the acquisition, construction, equipping, occupation, operation or use of the Related Financed Property.

  • The Local Government shall comply with all lawful requirements of any governmental authority regarding the Related Financed Property, whether now existing or subsequently enacted, whether foreseen or unforeseen or whether involving any change in governmental policy or requiring structural, operational or other changes to the Related Financed Property, irrespective of the cost of making the same.

  • At its own expense the Local Government from time to time may make any renewals, replacements, additions, modifications or improvements to the Related Financed Property that the Local Government deems desirable, provided that any such renewal, replacement, addition, modification or improvement does not (i) materially reduce the value of the Related Financed Property or (ii) negatively affect the structural or operational integrity of any part of the Related Financed Property.

  • All such renewals, replacements, additions, modifications and improvements shall become part of the Related Financed Property.

  • The Local Government shall pay when due all taxes, fees, assessments, levies and other governmental charges of any kind whatsoever (collectively, the "Governmental Charges") which are (i) assessed, levied or imposed against the Leased Property or the Related Financed Property, or both, or the Local Government's interest in it, or(ii) incurred in the operation, maintenance, use and occupancy of the Leased Property or the Related Financed Property, or both.

  • The Local Government may grant easements, licenses or permits across, over or under parts of the Leased Property or the Related Financed Property, or both, for streets, roads and utilities as will not adversely affect the use of the Leased Property or the Related Financed Property, or both.

  • All such renewals, replacements, additions, modifications or improvements shall become part of the Leased Property or the Related Financed Property, as applicable.

  • The Local Government shall, at its sole cost and expense, obtain all permits, consents and approvals required by local, state or federal laws, ordinances, rules, regulations or requirements in connection with the acquisition, construction, equipping, occupation, operation or use of the Leased Property and the Related Financed Property.


More Definitions of Related Financed Property

Related Financed Property means the 2012 Financed Property and the 2019 Financed Property. "Related Supplemental Series Indenture" means, collectively, (i) the Twenty-First Supplemental Series Indenture of Trust dated as of June 1, 2012, between VRA and the Trustee and (ii) the Forty-Sixth Supplemental Series Indenture of Trust dated as of November 1, 2019, between VRA and the Trustee, both as modified, altered, amended and supplemented in accordance with its terms and those of the Master Indenture.
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Related Financed Property means the 2013A Financed Property and the 2018C Financed Property.
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Related to Related Financed Property

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Release Property shall have the meaning set forth in Section 2.6 hereof.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments. “Pledged Investment Property” excludes any Excluded Property.

  • Specified Property means property for which an election has been made for a special elective benefit.