Improved Real Property definition
Examples of Improved Real Property in a sentence
The Improved Real Property and the Unimproved Real Property are collectively referred to as the “Owned Real Property,” and the Owned Real Property and the Leased Real Property are collectively referred to as “Real Property.” The owner or tenant of any Real Property, as the case may be, is Seller or an affiliate of Seller as stated in the above Schedules.
This Fourth Amendment to Agreement for Purchase and Sale of Improved Real Property (this “Amendment”) is entered into effective as of December 8, 2014 (the “Effective Date”), by and between SUNBELT ENTERPRISES, LLC, a California limited liability company (“Seller”), and ▇▇▇▇▇▇▇ INDUSTRIAL REALTY, L.P., a Maryland limited partnership (“Buyer” and, together with Seller, collectively, the “Parties”).
Pursuant to the terms of that certain Acquisition Agreement of even date herewith between Lessor and Lessee (the "Acquisition Agreement"), the Improved Real Property and the water rights that are appurtenant to the Lands and to the Improved Real Property, respectively, are being sold by Lessor to Lessee.
The Parties entered into that certain Agreement for Purchase and Sale of Improved Real Property dated as of October 17, 2014 as amended by that certain First Amendment entered into effective as of November 19, 2014 (the “Purchase Agreement”), with respect to certain “Property” located in Oxnard, California, more particularly defined therein.
This Agreement to Sell Improved Real Property (this "Agreement") is made between the parties specified in Sections 1.2 and 1.3 as of the date specified in Section 1.1.