Total Real Property definition

Total Real Property collectively, the Real Property and the JV Real Property.
Sample 1Sample 2Sample 3
Total Real Property collectively, the Real Prop- erty and the JV Real Property.
Sample 1Sample 2Sample 3

Examples of Total Real Property in a sentence

  • From time to time, if the Obligee determines that ob- taining appraisals is necessary or appropriate, the Obligee will obtain appraisal reports from appraisers satisfactory to the Obligee, stating then current fair market values of all or any portion of the Total Real Property.

  • Company and each of its Subsidiaries (including the Joint Ventures) is in compliance with all development orders obtained by Company and its Subsidiaries (including the Joint Ventures) with respect to any Total Real Property, except to the extent noncompliance could not reasonably be expected to have a Material Adverse Effect.

  • The Company and each of its Subsidiaries (including the Joint Ventures) is in com- pliance with all development orders obtained by the Company and its Subsidiaries (including the Joint Ventures) with respect to any Total Real Property, except to the extent noncompliance could not reasonably be expected to have a Material Adverse Effect.

  • Anything herein to the contrary notwithstanding, Company shall not be obligated to reimburse Agent with respect to appraisals of the same particular item of Total Real Property that occur more frequently than once in any year, unless an Event of Default has occurred and is continuing or there has occurred a material adverse change in the value of the Collateral, in which case Company shall be obligated to reimburse Agent with respect to as many appraisals as Agent deems necessary to conduct.

  • From time to time, if Agent determines that obtaining appraisals is necessary or appropriate, Agent will either cause its personnel to appraise, or obtain appraisal reports from appraisers satisfactory to Agent, stating the then current fair market values of all or any portion of the Total Real Property.

  • The ratio of (i) Total Real Property Market Value of all Real Properties not encumbered by any Lien to (ii) total commitments (disbursed and undisbursed) under Unsecured Indebtedness shall not be less than 1.75:1.

  • The Company and each of its Subsidiaries (including the Joint Ventures) is in compliance with all development orders obtained by the Company and its Subsidiaries (including the Joint Ventures) with respect to any Total Real Property, except to the extent noncompliance could not reasonably be expected to have a Material Adverse Effect.

  • Xxxxxxxxx Title: Trustee Exhibit 1 SCHEDULE A TO PURCHASE AGREEMENT DESCRIPTION OF REAL ESTATE AND ALLOCATION OF PRICE Property Total Real Property Non-Compete Goodwill Westy Self Storage - Farmingdale $ 25,650,000 $ 17,950,000 $ 5,000 $ 7,695,000 Xxx Xxxxxxxxx Xxxxxxxxx Xxxxxxxxxxx, Xxx Xxxx 00000 96,397± rentable square feet of indoor self storage space The Property is legally described and/or depicted in attached Schedule “A-1”.

  • Xxxxxxxxx Title: Trustee Exhibit 1 SCHEDULE A TO PURCHASE AGREEMENT DESCRIPTION OF REAL ESTATE AND ALLOCATION OF PRICE Property Total Real Property Non-Compete Goodwill Westy Self Storage - Danbury $ 28,250,000 $ 19,770,000 $ 5,000 $ 8,475,000 00-00 Xxxxxxx Xxxxxx and 00-00 Xxxxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxxx 00000 101,488± rentable square feet of indoor self storage space The Property is legally described and/or depicted in attached Schedule “A-1”.

  • SCHEDULE A TO PURCHASE AGREEMENT DESCRIPTION OF REAL ESTATE AND ALLOCATION OF PRICE Property Total Real Property Non-Compete Goodwill Westy Self Storage - Hicksville 00 Xxxx Xxxx Xxxxxx Hicksville, New York 11801 129,460± rentable square feet of indoor self storage space $ 32,950,000 $ 23,065,000 $ 5,000 $ 9,880,000 The Property is legally described and/or depicted in attached Schedule “A-1”.

Related to Total Real Property

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

  • 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.

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

  • 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.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

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

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Leased Real Estate means all real property that the Company or any of its Subsidiaries leases, subleases or otherwise uses or occupies, or has the right to use or occupy, pursuant to a Lease.

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

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

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

  • 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 Closing Date pursuant to Section 5.11(c).

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Eligible Real Property means, as to each Borrower, Real Property owned by such Borrower in fee simple and included in an appraisal of such Real Property received by Agent in accordance with the requirements of this Agreement and in each case acceptable to Agent in good faith based on the criteria set forth below. Eligible Real Property shall not include: (a) Real Property which is not owned and operated by a Borrower; (b) Real Property subject to a security interest, lien or mortgage or other encumbrance in favor of any person other than Agent, except those permitted under Sections 9.8(b), (d) and (i) hereof; (c) Real Property that is not located in the United States of America; (d) Real Property that is not subject to the valid and enforceable, first priority, perfected security interest, lien and mortgage of Agent; (e) Real Property where Agent determines that issues relating to compliance with Environmental Laws materially adversely affect the value thereof or the ability of Agent to sell or otherwise dispose thereof (but subject to the right of Agent to establish Reserves after the date hereof to reflect such material adverse affect); (f) except as Agent may otherwise determine, Real Property improvements located on land which is not owned in fee simple by such Borrower; and (g) Real Property improved with residential housing. The criteria for Eligible Real Property set forth above may only be changed and any new criteria for Eligible Real Property may only be established by Agent acting in good faith based on either: (1) an event, condition or other circumstance arising after the date hereof, or (2) an event, condition or other circumstance existing on the date hereof to the extent Agent has no written notice thereof from any Borrower prior to the date hereof, in either case under clause (i) or (ii) which adversely affects or could reasonably be expected to adversely affect such Real Property in any material respect in the good faith determination of Agent.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • 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.

  • Residential property means improved property that:-

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).