Seasoned Property definition

Seasoned Property means (a) each Hotel Property (other than a New Property) owned by Parent Guarantor or any of its Subsidiaries or Unconsolidated Affiliates and (b) upon the occurrence of the Seasoned Date of any New Property, such Hotel Property.

Seasoned Property means (a) each Real Property (other than a New Property) owned by the Consolidated Parties on a consolidated basis and all Unconsolidated Affiliates (as the case may be) and (b) upon the occurrence of the Seasoned Date of any New Property, such Real Property.

Seasoned Property means (a) each Hotel Property (other than a New Property) owned in fee simple by, or subject to a ground lease to, the Parent Guarantor or any of its Subsidiaries or Unconsolidated Affiliates and (b) upon the occurrence of the Seasoned Date of any New Property, such Hotel Property.

Examples of Seasoned Property in a sentence

• Due to compute constraints, we follow prior work and continue pre-training off-the-shelf pre-trained LMs (Gururangan et al., 2020; Yang et al., 2022; Ke et al., 2023; Gupta et al., 2023) on clean and ablated data to study the effect of PSs on ICL.Recall that our detection algorithm returns pairs of a former phrase and a latter phrase, as well as their PS strength.

• Applicability for a particular test shall be based upon whether a Hotel Property owned by such Permitted Non-Voting Stock Company constitutes either a Seasoned Property or a New Property.

• Subsection 5.04(a)(vi) shall be modified so that the Total Asset Value is calculated, for each Seasoned Property, based on the Adjusted NOI for such Seasoned Property for the applicable quarter calculated on an Annualized Basis.

• Subsection 5.04(a)(v) shall be modified so that the Total Asset Value is calculated, for each Seasoned Property, based on the Adjusted NOI for such Seasoned Property for the applicable quarter calculated on an Annualized Basis.

• Subsection 5.04(a)(v) shall be modified so that the Total Asset Value is calculated, for each Seasoned Property, based on Adjusted NOI for such Seasoned Property for the applicable quarter calculated on an Annualized Basis.

More Definitions of Seasoned Property

Seasoned Property means each Hotel Asset acquired by the Parent Guarantor or any Subsidiary or any Joint Venture (as the case may be) which has been owned for a period of more than four full fiscal quarters after the acquisition thereof.

Seasoned Property means Property on which a hotel is located that is not a New Property.

Seasoned Property means, as at any date, a Hotel Property (excluding any Renovating Property) that has been owned for four (4) or more Fiscal Quarters, by the Parent or by a Person that has been a Subsidiary of the Parent during such entire period.

Seasoned Property means, as at any date, a Hotel (excluding any Renovating Property) that has been owned, for a period of four (4) consecutive full Fiscal Quarters (or more), by the Borrower or by a Person that has been a Subsidiary of the Borrower during such entire period.

Seasoned Property means (a) each Hotel Property (other than a New Property or a Renovated Borrowing Base Property) owned by Parent Guarantor or any of its Subsidiaries or Unconsolidated Affiliates, (b) upon the occurrence of the Seasoned Date of any New Property, such Hotel Property, and (c) in accordance with the definition thereof, each Renovated Borrowing Base Property.

Seasoned Property each Borrowing Base Property that has been owned by the Group Members for more than four full fiscal quarters.

Seasoned Property means Property on which a hotel is located that is not a New Property or a Development/Redevelopment Property. “SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions. “Secured Indebtedness” means, with respect to any Person, (a) all Indebtedness of such Person that is secured in any manner by any Lien on any Property plus (b) such Person’s pro rata share of the Secured Indebtedness of any of such Person’s Unconsolidated Affiliates; provided that neither any New York Mortgage nor any mortgage encumbering property located in New York State securing Indebtedness of the Loan Parties pursuant to provisions in loan documentation governing such Indebtedness which provisions are substantially similar to Section 13.21 of this Agreement shall constitute Secured Indebtedness hereunder. “Secured Recourse Indebtedness” means all Indebtedness (including Guaranties of Secured Indebtedness) that is Secured Indebtedness and is not Nonrecourse Indebtedness. “Securities Act” means the Securities Act of 1933, as amended from time to time, together with all rules and regulations issued thereunder. “Significant Subsidiary” means any Subsidiary to which more than $30,000,000 of Total Asset Value is attributable. “Single Asset Entity” means a Person (other than an individual) that (a) only owns a single Property; (b) is engaged only in the business of owning, developing and/or leasing such Property; and (c) receives substantially all of its gross revenues from such Property. In addition, if the assets of a Person consist solely of (i) Equity Interests in one or more Single Asset Entities that directly or indirectly own such single Property and (ii) cash and other assets of nominal value incidental to such Person’s ownership of the other Single Asset Entity, such Person shall also be deemed to be a Single Asset Entity for purposes of this Agreement. “SOFR” means a rate equal to the secured overnight financing rate as administered by the SOFR Administrator. “SOFR Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate). “Solvent” means, when used with respect to any Person, that (a) the fair value and the fair salable value of its assets (excluding any Indebtedness due from any Affiliate of such Person) are each in excess of the fair valuation of its total liabilities (including all contingent liabilities computed at the amount which, in li...