Total Real Property definition
Examples of Total Real Property in a sentence
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.
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.
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.
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.
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.
From time to time, if the Lender determines that obtaining appraisals is necessary or appropriate, the Lender will obtain appraisal reports from appraisers satisfactory to the Lender, stating then current fair market values of all or any portion of the Total Real Property.
Property Total Real Property Non-Compete Goodwill Westy Self Storage - Milford ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ 138,165± rentable square feet of indoor self storage space $ 33,150,000 $ 23,205,000 $ 5,000 $ 9,940,000 The Property is legally described and/or depicted in attached Schedule “A-1”.
Property Total Real Property Non-Compete Goodwill Westy Self Storage - Farmingdale $ 25,650,000 $ 19,955,000 $ 5,000 $ 7,690,000 ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ 96,397± rentable square feet of indoor self storage space The Property is legally described and/or depicted in attached Schedule “A-1”.