Xxxxxx Real Property definition

Xxxxxx Real Property means the Real Property owned by Buckeye as of the date hereof located in Marion, Ohio and the assets related thereto described on Schedule 1.83 hereto.
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Xxxxxx Real Property means the lands, both owned in fee and leased and any appurtenances thereto, upon which the Xxxxxx Assets are situated.
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Xxxxxx Real Property means the real property held under lease, sublease or occupancy agreement by any Seller Party, as tenant, that is necessary for, or used in connection with, the operation of the Business, all as more fully described on Schedule 5.10(a) attached hereto and made a part hereto, together with all buildings and other structures, facilities or improvements currently or hereafter located thereon, all fixtures, systems, equipment and items of personal property of any Seller Party attached or appurtenant thereto and all easements, servitudes, licenses, rights and appurtenances relating to the foregoing.
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Examples of Xxxxxx Real Property in a sentence

  • There are no pending or, to the knowledge of Xxxxxx, threatened (in writing) condemnation proceedings against the Xxxxxx Real Property, which would not reasonably be likely, individually or in the aggregate, to have a Material Adverse Effect on Xxxxxx.

  • There exists no material default or breach with respect to, and no party or governmental authority has taken or, to the knowledge of Xxxxxx, threatened to take, any action to terminate, cancel or reform any such permit, license, operating authority, order, exemption, franchise, variance, consent, approval or other authorization pertaining to Xxxxxx Real Property.

  • Seller has not received any written notice from a Governmental Authority or any lessor of Xxxxxx Real Property that there are any public improvements proposed or in progress that will result in special assessments against or otherwise adversely affect any of the Leased Real Property.

  • There exists no material default or breach with respect to, and no party or Governmental Authority has taken or, to the knowledge of Xxxxxx, threatened to take, any action to terminate, cancel or reform any such permit, license, operating authority, order, exemption, franchise, variance, consent, approval or other authorization pertaining to the Xxxxxx Real Property.

  • There is no Order, Proceeding or claim of any kind, pending or, to the Knowledge of the Xxxxxx Parties, threatened, relating to the ownership, lease, use or occupancy of the Xxxxxx Real Property or any portion thereof, or the operation of the Xxxxxx Business as currently conducted thereon.

  • Except as set forth on Schedule 4.10(b), the transactions contemplated by this Agreement or any other Transaction Document will not be the basis for any lessor under a Xxxxxx Real Property Lease to terminate its Xxxxxx Real Property Lease prior to the expiration date of the Xxxxxx Real Property Lease.

  • The 20xx Xxxxxx Real Property constitutes all real properties used or occupied by Seller in connection with the Business or reflected on the Financial Statements.

  • On the Closing Date, Purchaser shall pay the Xxxxxx Real Property Purchase Price by delivering to the Escrow Agent the sum of Three Hundred Fifty Thousand Dollars ($350,000) by wire transfer of immediately available funds or in such other form and manner as may be mutually satisfactory.

  • Contract for, purchase or make any expenditure or commitments for Capital Expenditures (a) in the 2017 fiscal year, in an aggregate amount for all Borrowers in excess of $7,400,000 (provided that such amount shall exclude the aggregate purchase price of the Xxxxxx Real Property in the amount of $7,200,000), and (b) in the 2018 fiscal year, or any fiscal year thereafter, in an aggregate amount for all Borrowers in excess of $8,000,000.

  • Xxxxxx has good, valid, marketable and insurable fee simple title to all of the Xxxxxx Real Property free and clear of any and all Liens.


More Definitions of Xxxxxx Real Property

Xxxxxx Real Property shall have the meaning set forth in Section 10.6(b)(1)(A) hereto.
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Xxxxxx Real Property shall have the meaning set forth in the Recitals to this Agreement.
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Xxxxxx Real Property means collectively all the real property or interests therein owned, leased, occupied, used or controlled by Xxx. Xxxxxx and used in connection with the Business as of the date of this Agreement or acquired prior to the Closing Date, together with (i) all rights, easements, tenements, hereditaments, appurtenances, privileges, immunities, mineral rights and other benefits belonging or appertaining thereto that run with said real property and (ii) all right, title and interest, if any, of Xxx. Xxxxxx in and to (A) any land lying in the bed of any street, road or avenue, open or proposed, adjoining said real property, (B) any award made or to be made in lieu of the land described in the preceding clause (A), (C) any unpaid award for damage to said real property, and (D) all strips and rights-of-way abutting or adjoining said real property, if any. The Xxxxxx Real Property includes, without limitation, all buildings, structures, fixtures and other improvements located on the land described in the preceding sentence.
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Xxxxxx Real Property means all lands and premises (including fixtures and improvements thereon) owned by a Xxxxxx Group Member.
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Xxxxxx Real Property means that certain tract or parcel containing 25 acres of land out of that certain call 49.963 acre tract of land situated in the Xxxxx Xxxxxxxxx Survey, A-138 in Xxxxxx County, Texas.
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Related to Xxxxxx Real Property

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

  • 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.

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

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

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • 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 Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • 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.

  • 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.

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • 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.

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

  • 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).

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

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

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

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

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Real Property Laws as defined in Section 3.1.18(f).

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

  • Material Real Estate Asset means (i) any fee-owned Real Estate Asset having a fair market value in excess of $2,500,000 as of the date of the acquisition thereof or (ii) any Real Estate Asset that the Required Lenders have determined is material to the business, general affairs, assets, liabilities, operations, management, condition (financial or otherwise), stockholders’ equity, results of operations or value of any Loan Party or any Subsidiary thereof, including the Borrower.

  • Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries.