Related Party Properties definition

Related Party Properties the Sheraton Hotel - Concord in Concord, California and the Holiday Inn Jekyll Island in Jekyll Island, Georgia. "Renovation Budget" -- the budget for the Renovation Work to be prepared by the Borrower and delivered to Lender for its review and approval prior to the Closing. "Renovation Completion" -- the completion of the Renovation Work in accordance with the requirements of Article 6A. "Renovation Completion Date" -- May 13, 1999, the date on which all of the Renovation Work is required to be completed in accordance with Article 6A hereof. "Renovation Plans" -- the plans and specifications for the Renovation Work to be prepared by the Borrower and delivered to the Lender for its review and approval prior to the Closing. "Renovation Work" -- the work and projects described in Exhibit E.
Sample 1
Related Party Properties the Holiday Inn - Inner Harbor in Baltimore, Maryland, the Holiday Inn International Airport in Xxxxxxxxx Heights, Maryland, the Holiday Inn - Xxxx Burnie North in Glen Burnie, Maryland, the Holiday Inn Visitors Center/Lancaster East in Lancaster, Pennsylvania, and the Sheraton Hotel Concord in Concord, California. "Renovation Budget" -- the budget for the Renovation Work to be prepared by the Borrower and delivered to Lender for its review and approval prior to the Closing. "Renovation Completion" -- the completion of the Renovation Work in accordance with the requirements of Article 6A. "Renovation Completion Date" -- September 30, 1999, the date on which all of the Renovation Work is required to be completed in accordance with Article 6A hereof. "Renovation Plans" -- the plans and specifications for the Renovation Work to be prepared by the Borrower and delivered to the Lender for its review and approval prior to the Closing. "Renovation Work" -- the work and projects described in Exhibit E.
Sample 1

Examples of Related Party Properties in a sentence

  • We note that the Related Party Properties collectively represent approximately 87%, 90% and 82% of the Company's assets as of March 31, 3018, December 31, 2017 and December 31, 2016, respectively, and approximately 98%, 96% and 87% of the Bryan McLaren Zoned Properties, Inc.

  • Please update the table provided to assess significance of the Related Party Properties as of and for the six months ended June 30, 2018.

Related to Related Party Properties

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

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

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

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

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

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

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Investment Related Property means: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Seller Related Parties means Seller, RAR, ROP, the Applicable Parties, any Affiliate of Seller and their respective direct or indirect members, partners, stockholders, officers, directors, employees and agents.

  • 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.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

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  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • 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, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • 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.

  • 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.

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

  • Seller Related Party means the Selling Entities and each of their respective stockholders, partners, members, Affiliates, directors, officers, employees, controlling persons and agents.