Wholly Owned Property definition

Wholly Owned Property means an Eligible Property which is wholly owned in fee simple (or leased under a Ground Lease) by only the Borrower or a Guarantor that is a Wholly Owned Subsidiary.
Wholly Owned Property means an Eligible Unencumbered Property which is owned or leased by the Parent, the Borrower or a Wholly Owned Subsidiary.
Wholly Owned Property means an Eligible Unencumbered Property which is owned or leased entirely by the Parent, the Borrower or a Wholly Owned Subsidiary.

Examples of Wholly Owned Property in a sentence

  • As of the Agreement Date, Schedule 6.1.(z) is a correct and complete list of each Wholly Owned Property, Controlled Property and Non-Controlled Property included as of the Agreement Date in the calculation of Unencumbered Asset Value.

  • Because the value of Wholly Owned Property will reflect in part the creditworthiness of its tenant(s), any change in the financial status of a major tenant could affect the appraised value of a property and the value realized upon the disposition of such property.

  • Subcontractor’s Commercial General Liability Insurance:If applicable, the Contractor shall require each of its Subcontractors to procure and maintain during the life of its subcontract, subcontractor’s Commercial General Liability Insurance in amounts satisfactory to the contract.

  • Havemann (2013) least 7.5 per cent to trigger the dividend payments in each of the six years of the bond’s lifespan.

  • Log landings will be rehabilitated immediately upon project completion.


More Definitions of Wholly Owned Property

Wholly Owned Property means an Eligible Property which is wholly
Wholly Owned Property and “Wholly Owned Properties”, shall mean, individually and collectively, the Gallery at NOHO, the Lofts at Park Crest and Acacia. APPENDIX 1.4 Escrow Agreement This Escrow Agreement (this “Agreement”) is made as of the day of , 20 by and among (“Seller”), , a (“Buyer”) and (“Escrow Agent”).
Wholly Owned Property means a Property title to which is owned solely by one or more Loan Parties.
Wholly Owned Property means an Eligible Property which is wholly owned in fee simple (or leased under a Ground Lease) by only the Borrower or a Wholly Owned Subsidiary.(e)The Credit Agreement is further amended by adding the following definition ofRecourse Indebtedness” to Section 1.1. thereof in the appropriate alphabetical location:
Wholly Owned Property means an Eligible Unencumbered Property which is owned or leased by the Parent, the Borrower or a Wholly Owned Subsidiary. “Wholly Owned Subsidiary” means any Subsidiary of a Person in respect of which all of the equity securities or other ownership interests (other than, in the case of
Wholly Owned Property means any Property that is wholly owned by the Company or by a subsidiary of the Company. On the date hereof, the following Properties are Wholly Owned Properties: Courtyard Hotel Warwick, Warwick, RI Residence Inn, Mystic, CT Courtyard, Norwich, CT Springhill Suites, Waterford, CT Marriott, Mystic, CT
Wholly Owned Property means any Property that is wholly owned by an Owner Entity. On the date hereof, the following Properties are Wholly Owned Properties: Courtyard Hotel Warwick, Warwick, RI Residence Inn, Mystic, CT Courtyard, Norwich, CT Springhill Suites, Waterford, CT Marriott, Mystic, CT A reference to any agreement, budget, document or schedule shall include such agreement, budget, document or schedule as revised, amended, modified or supplemented from time to time in accordance with its terms and the terms of this Agreement. The singular includes the plural and the plural includes the singular. The words “include”, “includes” and “including” are not limiting. Reference to a particular “Section” or “Articles” refers to that section or articles of this Agreement unless otherwise indicated. The words “herein”, “hereof”, “hereunder” and words of like import shall refer to this Agreement as a whole and not to any particular section or subdivision of this Agreement.