Specialty Property definition

Specialty Property means any Real Property that is a convenience store and/or gas station.

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Specialty Property means any Real Property that is not an office, retail, or industrial property. For the sake of clarity, any Real Property that is a restaurant, convenience store, gas station or cold storage facility shall be deemed to be a “Specialty Property.” The Administrative Agent shall determine in its reasonable discretion in good faith whether a property is a “Specialty Property.”

Specialty Property. “Covered Property” also include property under your care, custody and control by written contract or agreement; and property that is listed on a schedule maintained by you.

Examples of Specialty Property in a sentence

• For purposes of this Agreement, an "affiliate" of Company is defined as any entity that is a member company of Assurant Solutions/Assurant Specialty Property or any entity under common ownership with such entity, and an "affiliate" of Customer shall mean any subsidiary, parent or successor corporation of Customer.

• As well, there is a strong opportunity to create global franchises in lines such as Marine, Specialty Property and E&O/D&O.

• In addition, Tenant may elect to remove any of Tenant’s Specialty Property and other personal property or Alterations owned by Tenant or installed or placed by Tenant at its expense in the Premises.

• Except for Alterations which cannot be removed without structural injury to the Premises, at any time Tenant may remove Tenant’s Specialty Property or other Alterations paid for by Tenant from the Premises, provided that Tenant repairs all damage caused by such removal.

• Landlord shall have no lien or other interest in any item of Tenant’s property, including Tenant’s Specialty Property.

• All items of Tenant’s Specialty Property are Tenant’s property and shall remain Tenant’s property at the expiration of the Term, unless otherwise so elected by Tenant.

• With the exception of Tenant’s Specialty Property (as defined below), any Alterations to the Premises shall remain on and be surrendered with the Premises and title thereto shall vest in Landlord upon expiration or termination of the Term, unless otherwise agreed by Landlord.

More Definitions of Specialty Property

Specialty Property means property that doesn’t qualify to be scheduled under “Fine Art”, “Aircraft Hull”, “Watercraft Hull”, “Non-state owned Property” or “Transient State Property” due to special or unusual risk exposure.