Examples of Waterfront Property in a sentence
No major renovation or demolition of the Waterfront Property is contemplated at the present time.
Under the terms of the Ground Lease and the applicable Mortgage, taken together, any related insurance and condemnation proceeds will be applied either to the repair or restoration of all or part of the Waterfront Property encumbered by the Ground Lease, with a trustee having the right to hold and disburse the proceeds as the repair or restoration progresses, or to the payment of the Outstanding Principal Balance together with any accrued interest thereon.
The Waterfront Property leases space to tenants primarily under non-cancelable, fixed-term operating leases, which generally contain provisions for a base rent plus reimbursement for all taxes (including property tax), insurance, maintenance and other operating costs associated with the leased property.
The commercial real estate assets of POP Contributor contributed to the Operating Partnership consisted of the Contributed Properties, including the Waterfront Property.
Our Ref.: L/LE/9909032 September 24, 1999 Asia Online (Hong Kong) Limited By Hand c/o FPDSavills (Hong Kong) Limited 23/F, Two Exchange Square Central Hong Kong Attention: Mr. Richmond Wilburn/Ms. Gina Wong Dear Sirs, RE: SUITES 1601-1604 AND 1615-1616 ON 16TH FLOOR OF ONE INTERNATIONAL FINANCE CENTRE We refer to your offer dated September 15, 1999 in respect of the captioned premises, the terms of which are acceptable to our principal, Central Waterfront Property Development Limited.