Sold Retail Lease Property definition

Sold Retail Lease Property. As defined in Section 2.04 of the Lease Purchase Agreement.
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Sold Retail Lease Property shall have the meaning it is given in Section 2.04 of the Harco Purchase Agreement.
Sample 1

Examples of Sold Retail Lease Property in a sentence

  • Harco Leasing has the corporate power and authority to sell and assign to NFC the Sold Retail Lease Property and has duly authorized such transfers by all necessary corporate action on the part of Harco Leasing.

  • Notwithstanding anything else to the contrary contained herein, Harco Leasing shall not be liable to NFC for any failure by any Obligor to make payments owed in respect of Sold Retail Lease Property.

  • It is, further, not the intention of either Harco Leasing or NFC that any such sale be deemed a grant of a security interest in such Sold Retail Lease Property by Harco Leasing to NFC to secure a debt or other obligation of Harco Leasing.

  • The representations and warranties of NFC hereunder with respect to such Sold Retail Lease Property shall be true and correct on such Lease Purchase Date with the same effect as if then made, and NFC shall have performed all obligations with respect to such Sold Retail Lease Property to be performed by it hereunder on or prior to such date.

  • The representations and warranties ----------------------------------- of NFC hereunder with respect to such Sold Retail Lease Property shall be true and correct on such Lease Purchase Date with the same effect as if then made, and NFC shall have performed all obligations with respect to such Sold Retail Lease Property to be performed by it hereunder on or prior to such date.

  • The location of the backflow prevention assembly shall be above ground within 20-feet of the property line, and the assembly requires registration and an annual test certification.

  • Harco Leasing agrees to pay all reasonable out-of-pocket costs and expenses of NFC, including fees and expenses of counsel, in connection with the perfection as against third parties of NFC’s right, title and interest in, to and under the Series 2005-A Portfolio Interest, the Series 2005-A Portfolio Certificate and all Sold Retail Lease Property a security interest in which may be perfected under the UCC purchased hereunder and the enforcement of any obligation of Harco Leasing hereunder.

  • Harco Leasing agrees to pay all reasonable out-of-pocket costs and expenses of NFC, including fees and expenses of counsel, in connection with the perfection as against third parties of NFC's right, title and interest in, to and under the Series 2003-B Portfolio Interest, the Series 2003-B Portfolio Certificate and all Sold Retail Lease Property a security interest in which may be perfected under the UCC purchased hereunder and the enforcement of any obligation of Harco Leasing hereunder.

  • The representations and warranties of NFC hereunder with respect to the Sold Retail Lease Property shall be true and correct on the Lease Purchase Date, and NFC shall have performed all obligations with respect to the Sold Retail Lease Property to be performed by it hereunder on or prior to such date.

  • Harco Leasing agrees to pay all reasonable out-of-pocket costs and expenses of NFC, including fees and expenses of counsel, in connection with the perfection as against third parties of NFC’s right, title and interest in, to and under the Series 2006-ARC Portfolio Interest, the Series 2006-ARC Portfolio Certificate and all Sold Retail Lease Property a security interest in which may be perfected under the UCC purchased hereunder and the enforcement of any obligation of Harco Leasing hereunder.

Related to Sold Retail Lease Property

  • Release Property has the meaning set forth in Section 2.5.

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

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • 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.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • 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.

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

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

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

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

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

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

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Additional Properties means any oil and natural gas assets or related interests that are acquired by any member of the Partnership Group pursuant to an Acquisition.

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

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

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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: