Description of Properties Sample Clauses
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Description of Properties. The Properties subject to this Lease includes the Land described on Schedule I-C attached hereto, and all Equipment on and Improvements to such Land, including without limitation the Equipment described on Schedule I-B attached hereto and the Improvements described on Schedule I-C attached hereto. In addition, to the extent that a court of competent jurisdiction rules that this Lease constitute a mortgage, deed of trust or other secured financing, the Lessee hereby grants, bargains, sells, conveys, mortgage and grants a security interest WITH POWER OF SALE in each of the following:
Description of Properties. On the Effective Date and at all times subsequent thereto up to the Termination Date, the section of the Prospectus entitled "Description of Properties" will include, among other things, the location and general character of all materially important real properties held or intended to be acquired by the Company, the nature of the Company's title to or other interest in such properties and the nature and amount of all material mortgages or other liens or encumbrances against such properties and the principal terms of any lease of any such properties and the lessee thereof and such descriptions will be correct in all material respects.
Description of Properties. Set forth below is a table showing the location, the date of purchase, the nature of the Partnership's ownership interest in and the use of each of the Partnership's properties. DATE OF PROPERTY PURCHASE TYPE OF OWNERSHIP USE -------- -------- ----------------- --- Carlin Manor Apartments 11/87 Fee ownership Residential Apartments Columbus, Ohio (subject to first mortgage) (278 units) ▇▇▇▇ Club Apartments 05/87 Fee ownership Residential Apartments Indianapolis, Indiana (subject to first mortgage) (200 units) Shadow Brook Apartments 05/87 Fee ownership Residential Apartments West Valley City, Utah (subject to first mortgage) (300 units) Accumulated Depreciation Schedule. Set forth below is a table showing the gross carrying value, accumulated depreciation and federal tax basis of each of the Partnership's properties as of December 31, 1996 ($ amounts in thousands). GROSS CARRYING ACCUMULATED FEDERAL PROPERTY VALUE DEPRECIATION RATE METHOD TAX BASIS ---------- -------------- ------------- ---------- ----------- ----------- Carlin Manor Apartments $ 6,561 $ 3,307 5-30 yrs. S/L $ 5,471 ▇▇▇▇ Club Apartments 6,796 3,239 5-30 yrs. S/L 4,309 Shadow Brook Apartments 10,197 3,457 5-30 yrs. S/L 6,692 -------- ---------- ---------- TOTALS $ 23,554 $ 10,003 $ 16,472 ======== ========== ========== Schedule of Mortgages. Set forth below is a table showing certain information regarding the outstanding mortgages encumbering each of the Partnership's properties as of December 31, 1996 ($ amounts in thousands). PRINCIPAL PRINCIPAL BALANCE AT STATED BALANCE DECEMBER 31, INTEREST PERIOD MATURITY DUE AT PROPERTY 1996 RATE AMORTIZED DATE MATURITY ---------- --------------- ---------- ------------ ------------ ----------- Carlin Manor Apartments $ 2,500 7.33% (a) 11/2003 $ 2,500 ▇▇▇▇ Club Apartments 3,850 8.30% 20 yrs. 10/2000 3,575 Shadow Brook Apartments 6,000 7.33% (a) 11/2003 6,000 -------- ------------ TOTALS $ 12,350 $ 12,075 ======== ============
Description of Properties. Set forth below is a table showing the location, the date of purchase, the nature of the Partnership's ownership interest in and the use of each of the Partnership's properties. DATE OF PROPERTY PURCHASE TYPE OF OWNERSHIP USE -------- -------- ----------------- --- The Loft Apartments 11/19/90 Fee ownership Residential Apartments Raleigh, North Carolina (subject to first mortgage) (188 units) The Sterling Apartment 12/01/95 Fee ownership Residential Apartments Homes and Commerce Center (537 units) Philadelphia, Pennsylvania Commercial Center (111,741 sq. ft.)
Description of Properties. The Property is comprised of the following thirty-six (36) unpatented lode mining claims situated in Sections 4,5 and 9, T.8N., R.28 E., and Sections 32 and 33, T. 9 N., ▇. 28 E., MDM, in Mineral County, Nevada:
Description of Properties. General At December 31, 1998, the Company held working interests in 444 gross ▇▇▇▇▇ in the continental United States, 862 in Ecuador and 1,471 in Canada. Approximately 36% of the Company's proved reserves are oil and liquids, and approximately 64% are gas, measured in energy equivalent barrels of oil (natural gas is converted at the rate of six thousand cubic feet of gas for each barrel of oil).
Description of Properties. Schedule B........
Description of Properties. The Properties consist of the following one hundred and sixteen (116) unpatented lode mining claims situated in Sections 7 through 9 and 17 through 21, T. 1 S., R. 34 E., MDM, in Es▇▇▇▇▇▇▇ ▇ounty, Nevada:
Description of Properties. Attached hereto and made a part of that certain Purchase Option Agreement dated effective May 5, 2002, by and between Trek Resources, Inc (grantee) and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ (grantor).
Description of Properties. Set forth below is a table showing the location, the nature of CCEP/2's ownership interest in and the use of the CCEP/2 Properties. All fee ownership of the CCEP/2 Properties is held subject to the Loan. PROPERTY TYPE OF OWNERSHIP USE ----------------------- ------------------------------------ ---------------------- Canyon Crest Apartments Fee ownership Residential Apartments Littleton, Colorado (subject to first mortgage) (90 units) Central Park Place Fee ownership Commercial Center Southfield, Michigan (115,829 sq. ft.) Central Park Plaza Fee ownership Commercial Center Southfield, Michigan (101,823 sq. ft.) Cosmopolitan Center Fee ownership Commercial Center Atlanta, Georgia (68,283 sq. ft.) Crescent Center Fee ownership Commercial Center Southfield, Michigan (64,762 sq. ft.) Highcrest Townhomes Fee ownership Residential Apartments Woodbridge, Illinois (subject to first mortgage) (176 units) Lahser Center I and II Fee ownership Commercial Center Southfield, Michigan (173,991 sq. ft.) Richmond Plaza Fee ownership Commercial Center Richmond, Virginia (subject to first mortgage) (262,457 sq. ft.) Town Center Plaza Fee ownership Commercial Center Santa Ana, California (subject to first, second, third and (159,416 sq. ft.) fourth mortgages) Village Brooke Fee ownership Residential Apartments Cincinnati, Ohio (subject to first mortgage) (330 units) Windemere Apartments Fee ownership Residential Apartments Houston, Texas (subject to first mortgage) (257 units) Accumulated Depreciation Schedule. Set forth below is a table showing the gross carrying value and accumulated depreciation of the CCEP/2 Properties as of December 31, 1996 ($ amounts in thousands). GROSS CARRYING ACCUMULATED PROPERTY VALUE DEPRECIATION RATE METHOD ----------------------------------- ------------- ------------- ---------- -------- Canyon Crest $ 3,219 $ 1,649 3-20 yrs. S/L Central Park Plaza 11,119 6,071 1-20 yrs. S/L Central Park Place 9,828 5,872 1-20 yrs. S/L Cosmopolitan Center 3,921 3,425 1-20 yrs. S/L Crescent Center 3,491 2,739 3-20 yrs. S/L Lahser Center I and II 12,664 7,376 1-20 yrs. S/L Highcrest Townhomes 7,318 3,731 3-20 yrs. S/L Richmond Plaza 17,593 9,963 3-20 yrs. S/L Town Center Plaza 15,887 9,655 1-20 yrs. S/L Village Brooke 9,041 4,615 3-20 yrs. S/L Windemere 6,204 3,092 3-20 yrs. S/L ---------- ---------- TOTALS $ 100,285 $ 58,188 ========== ==========