Transferred Real Estate definition

Transferred Real Estate means the Real Property and the Leases set forth in Section A.9 of the Seller Disclosure Letter.
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Transferred Real Estate has the meaning set forth in Section 5.10. ----------------------- ------------
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Transferred Real Estate means all estate, right, title, interest, benefit and claim of Dow in the land located at the Transferred Sites (as more fully described in Schedule 6.10(B)) and any existing rights that are appurtenant to and run with the land, including any such interests, easements, benefits, claims and licenses enjoyed for the benefit of the Transferred Sites over adjoining land;
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Examples of Transferred Real Estate in a sentence

  • Seller, each other Selling Entity, the Real Estate Sellers, the Equity Sellers and the Specified Entities hold all Permits which are required for the continued operation of the Business and Transferred Real Estate Assets in accordance with its current operation on the date hereof, excluding any such Permits the failure of which to hold would not be, and would not reasonably be expected to be, individually or in the aggregate, a Material Adverse Effect.

  • The proposed transfer of the Transferred Real Estate and the assumption of the Assumed Liabilities is necessary to confirm, consummate and implement a plan of reorganization or liquidation, and therefore is exempt from state of Florida documentary stamp Tax pursuant to Rules 12B-4.014 (15) and Rule 12B-4.054 (3) of the Florida Administrative Code and Section 1146(c) of the Bankruptcy Code, respectively.

  • Seller represents (and Buyer's Title Policy shall, to the extent available in Texas, affirmatively insure) that, to the Seller's Knowledge: (i) the easement and development standards set forth in exhibits B and C attached to the deeds to the Owned Transferred Real Estate are not violated in any material respect by the existing uses and improvements; and (ii) the grantor repurchase option in exhibit D to such deeds is no longer effective.

  • Seller has good and valid title in fee simple indefeasible to all Transferred Real Estate listed on Schedule 3.6(a) as owned by Seller ("Owned Transferred Real Estate") free and clear of all Liens of any kind other than Permitted Liens.

  • Prior to or at Closing, Buyer shall acquire from the Title Company an owner's policy of title insurance (the "Title Policy") issued to Buyer with respect to the Owned Transferred Real Estate, in the amount of the Purchase Price allocated thereto, insuring Buyer and issued as of the Closing Date by the Title Company, showing the Owned Transferred Real Estate and improvements thereon, showing no Liens or restrictions (other than Permitted Liens and standard printed exceptions).

  • Notwithstanding the foregoing, with respect to each Transferred Real Estate Lease, Seller shall at its cost and expense obtain the release of any Additional Utility Encumbrance with respect thereto on or as soon as reasonably practicable after the Closing Date.

  • Seller has good and valid leasehold title to all Transferred Real Estate listed on Schedule 3.6(a) as leased by Seller ("Leased Transferred Real Estate").

  • Counterparts of amendments to the Mortgages with respect to the real estate associated with the New River Foundry and Columbus Machining facilities (the "Transferred Real Estate") to reflect the transfers of title thereto from Intermet International, Inc.

  • Buyer shall have the right to obtain a survey for each tract of the Transferred Real Estate.

  • At Closing, the LLC (or, at Buyer's request, a newly organized wholly owned subsidiary of the Company) shall acquire, as of immediately prior to the transfer of the Shares pursuant to Section 1.01 hereof, the Transferred Real Estate for the aggregate purchase price (the "Real Estate Purchase Price") shown on Schedule 8.09 hereto, allocated among such real estate assets as mutually agreed between the parties within two weeks after the date hereof.


More Definitions of Transferred Real Estate

Transferred Real Estate means the land, buildings and improvements constituting the facilities identified and described on Schedule 3.6(a) hereto.
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Transferred Real Estate means the real estate identified on Schedule 8.09 hereto.
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Related to Transferred Real Estate

  • Material Real Estate Asset means any fee-owned Real Estate Asset having a Fair Market Value in excess of $5,000,000, as of the date of the acquisition thereof; provided that that the Fair Market Value of all fee-owned Real Estate Assets that are not Material Real Estate Assets shall not exceed $15,000,000 in the aggregate.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Eligible Real Estate means Real Estate:

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

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • 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.

  • Related Real Estate Documents with respect to any Real Estate subject to a Mortgage, the following, in form and substance satisfactory to Agent and received by Agent for review at least 10 days prior to the effective date of the Mortgage: (a) a mortgagee title policy (or binder therefor) covering Agent’s interest under the Mortgage, in a form and amount and by an insurer acceptable to Agent, which must be fully paid on such effective date; (b) such assignments of leases, estoppel letters, attornment agreements, consents, waivers and releases as Agent may require with respect to other Persons having an interest in the Real Estate; (c) a current, as-built survey of the Real Estate, containing a metes-and-bounds property description and flood plain certification, and certified by a licensed surveyor acceptable to Agent; (d) flood insurance in an amount, with endorsements and by an insurer acceptable to Agent, if the Real Estate is within a flood plain; (e) a current appraisal of the Real Estate, prepared by an appraiser acceptable to Agent, and in form and substance satisfactory to Required Lenders; (f) an environmental assessment, prepared by environmental engineers acceptable to Agent, and accompanied by such reports, certificates, studies or data as Agent may reasonably require, which shall all be in form and substance satisfactory to Required Lenders; and (g) an Environmental Agreement and such other documents, instruments or agreements as Agent may reasonably require with respect to any environmental risks regarding the Real Estate.

  • Other Real Estate means all interests in real estate (other than Bank Premises and Fixtures), including but not limited to mineral rights, leasehold rights, condominium and cooperative interests, air rights and development rights that are owned by the Failed Bank.

  • Subject Assets is defined in Section 2.2(c).

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

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

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.