Target Property definition

Target Property. As defined in Section 18.3.

Target Property shall have the meaning given such term in Section 4.25.

Target Property has the meaning set forth in Section 2.2.

Examples of Target Property in a sentence

• KWHK shall be responsible for government rent and rates in respect of TC1-A Target Property, management fees in respect of the TC1-A Target Property (currently at the rate of HK$1.40 to HK$1.50 per month for each management share allocated to TC1-A Target Property), fitting out costs, utility expenses and expenses for upkeep of the non-structural parts of the TC1-A Target Property and all other estate agent commissions except Warehouse Co (TC1-A)’s share as described in paragraph (ii) above.

• KWHK shall be responsible for government rent and rates in respect of the TC1-7A2 Target Property, management fees in respect of the TC1-7A2 Target Property (currently at the rate of HK$1.40 to HK$1.50 per month for each management share allocated to the TC1-7A2 Target Property), fitting out costs, utility expenses and expenses for upkeep of the non-structural parts of the TC1-7A2 Target Property and all other estate agent commissions except TC1-7A2’s share as described in paragraph (ii) above.

• TC1-7A2 shall also be responsible for certain outgoings and expenses (e.g. costs and expenses in relation to maintenance and repairs of structural parts of the TC1-7A2 Target Property and property insurance).

• If the actual gross revenue generated by TC1-7A2 Target Property and received by TC1-7A2 in a financial year (including warrant income) is less than the guaranteed gross revenue (being HK$1,400,000), KWHK shall pay to TC1-7A2 an amount equivalent to guaranteed gross revenue minus actual gross revenue annually.

• The guaranteed gross revenue was determined after arm’s length negotiations between the parties with reference to the estimated rate of occupancy and/or usage of the TC1-A Target Property in the three years after the commencement of the TC1-A Warehouses Management Agreement, and the estimated market rental and other revenue to be generated from such occupancy and/or usage of the TC1-A Target Property.

More Definitions of Target Property

Target Property has the meaning set out in Section (x) of Schedule F.

Target Property means any real property and improvements owned (directly, indirectly, or beneficially), leased, used, operated or occupied by Target or its Subsidiaries.

Target Property means all real property --------------- leased or owned by Target or any Target Subsidiaries either currently or in the past.

Target Property means real estate currently owned, leased, or otherwise used by Target or Target Bank, or in which Target or Target Bank has an investment or security interest by mortgage, deed of trust, sale and lease-back or otherwise, including without limitation, properties under foreclosure and properties held by Target or Target Bank in its capacity as a trustee or otherwise

Target Property means any property or assets (whether real, person, or mixed, tangible or intangible, of Target.

Target Property or “Target Properties” means, collectively, the Merger Properties, NPI Exchange Properties and Purchase Properties.

Target Property the property named Xxxxxx Xxxxxxxx Industrial