Seller Leased Property definition

Seller Leased Property means those assets or rights not included in the Transferred Assets that are to be leased, licensed or otherwise provided by Seller and/or any of its Affiliates to Opco pursuant to this Agreement or any Ancillary Agreement.
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Seller Leased Property shall have the meaning set forth in Section 3.5(b).
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Seller Leased Property means those assets or rights not included in the Transferred Assets that are to be leased, subleased, licensed or otherwise provided by Seller and/or any of its Affiliates to Buyer and/or any of its Affiliates pursuant to this Agreement or any Ancillary Agreement, excluding the Leased Real Property.
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Examples of Seller Leased Property in a sentence

  • Seller shall treat as confidential and shall safeguard any and all information, knowledge and data included in the Transferred Assets or the Seller Leased Property, in each case by using the same degree of care, but no less than a reasonable standard of care, to prevent the unauthorized use, dissemination or disclosure of such information, knowledge and data as Seller used with respect thereto prior to the execution of this Agreement.

  • Seller or any subsidiary thereof has valid leasehold estates in all Seller Leased Property.

  • The Seller Leased Property (a) is in substantially the same condition in which it was in immediately prior to the commencement of the related Seller Lease and otherwise in good operating condition and repair and is reasonably suitable for the conduct of business as presently conducted therein and (b) would not require any maintenance or other restoration or remediation by Seller if the related Seller Lease were terminated at the date of this Agreement.

  • Schedule 3.11 lists all material real property and interests in real property leased by Seller or any subsidiary of Seller and used or held for use exclusively in the operation or conduct of the business of Seller (each, a "Seller Leased Property").

  • Except as set forth in Schedule 3.12, no Seller Leased Property is occupied by a third party other than Seller, and, to Seller’s knowledge, no third party has a right to occupy such property other than Seller.

  • Except as set forth on Schedule 3.12, there are no transfers, mortgages or assignments by Seller in effect with respect to any of its interests in Seller Leases; and there are no other agreements or arrangements of which Seller is aware that materially affect Seller’s use or occupancy of any of the Seller Leased Property.

  • Seller has valid leasehold title to Seller Leased Property and to all plants, buildings, and improvements thereon, free and clear of all Encumbrances other than Permitted Encumbrances.


More Definitions of Seller Leased Property

Seller Leased Property means the real property underlying the Atlanta Lease, the Lenexa Lease and the Phoenix Lease, respectively.
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Seller Leased Property means those assets or rights (i) not Related to the Business or (ii) included in the Retained Assets or the Excluded Assets, in each case that are to be leased, licensed or otherwise provided by Seller and/or any of its Affiliates (other than the Transferred Subsidiaries) to Buyer and/or any of its Affiliates pursuant to this Agreement or any Ancillary Agreement, including the Licensed IP.
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Seller Leased Property means those assets or rights not included in the Business Assets that are to be leased, licensed or otherwise provided by Seller Parent and/or any Retained Subsidiary to Purchaser and/or any of its Affiliates pursuant to this Agreement or any Ancillary Agreement, including the Licensed Intellectual Property but excluding the Business Leased Real Property.
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Seller Leased Property means those assets or rights not included in the Transferred Assets that are to be leased, licensed or otherwise provided by Seller and/or any of its Affiliates to Buyer and/or any of its Affiliates pursuant to this Agreement or any Ancillary Agreement, including the Seller Licensed Intellectual Property but excluding the Leased Real Property. “Seller Licensed Intellectual Property” means the Intellectual Property to be licensed to Buyer or any of its Affiliates by Seller or any of its Affiliates pursuant to this Agreement or any Ancillary Agreement. “Seller Parties” has the meaning set forth in Section 3.1. “Seller’s 401(k) Plan” has the meaning set forth in Section 5.3(h). “Seller’s FSA” has the meaning set forth in Section 5.3(i). “Subsidiary” means any Person (i) whose securities or other ownership interests having by their terms the power to elect a majority of the board of directors or other persons performing similar functions are owned or controlled, directly or indirectly, by such Person and/or one or more Subsidiaries, or (ii) whose business and policies such Person and/or one or more Subsidiaries have the power to direct; provided, however, that, with respect to Seller, “Subsidiary” includes VeriFone System, Inc., a Delaware corporation. “Target Net Working Capital” means $12,500,000. “Tax Returns” means all returns and reports (including elections, declarations, disclosures, schedules, estimates, notices, forms and information returns) required to be supplied to a Tax authority relating to Taxes. “Taxes” means all federal, state, local and foreign gross or net income, alternative, add-on minimum, profits, franchise, gross receipts, environmental, customs duty, capital stock, capital gains, severance, stamp, payroll, sales, gift, estate, transfer, registration, employment, unemployment, disability, use, real and personal property, withholding, excise, social security, windfall profit, escheat, unclaimed property, premium, ad valorem, business, production, value added, occupancy, estimated and other taxes, duties, assessments, governmental fees or other like assessments or charges of any kind whatsoever imposed by a Governmental Entity, whether disputed or not, (together with all interest, penalties and additions imposed with respect to such amounts and any interest in respect of such penalties and additions), and including any obligations to indemnify or otherwise assume or succeed to the tax liability of any other Person. “Taxi” means any taxic...
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Related to Seller Leased Property

  • Leased Property shall have the meaning given such term in Section 2.1.

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

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

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

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Released Property shall have the meaning set forth in Section 2.9 hereof.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

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

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • 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.

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

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

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

  • 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.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of real property.

  • 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.

  • 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.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

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

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

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by the Collateral Agent.