Operating Properties definition

Operating Properties means all real property (including, without limitation, all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by any member of the Group.
View Source
Operating Properties means all such Operating Properties, collectively. An Operating Property shall not include any Redevelopment Asset or any New Construction Asset.
View Source
Operating Properties collectively, the Owned Properties and the Joint Venture Properties.
View Source

Examples of Operating Properties in a sentence

  • None of the Unencumbered Operating Properties constitutes a "plan asset" of any Employee Plan, Multiemployer Plan or Guaranteed Pension Plan.

  • In the event that all or any material portion of a property within the Unencumbered Operating Properties shall be damaged or taken by condemnation, then such property shall no longer be a part of the Unencumbered Operating Properties unless and until any damage to such Real Estate is repaired or restored, such Real Estate becomes fully operational and the Agent shall receive evidence satisfactory to the Agent of the value and Operating Cash Flow of such Real Estate following such repair or restoration.

  • The Borrower shall certify annually to the Agent that the Borrower is in compliance with this Section 7.8 with respect to the Unencumbered Operating Properties.

  • There has not been committed by B▇▇▇▇▇▇▇ or, to B▇▇▇▇▇▇▇’s knowledge, any other Person in occupancy of or involved with the operation or use of the Individual Properties, any act or omission affording the federal government or any other Governmental Authority the right of forfeiture as against the Collateral or any part thereof or any monies paid in performance of Borrower’s obligations under any of the Loan Documents.

  • The Borrower shall certify annually to the Agent that this Section 7.8 has been satisfied with respect to the Unencumbered Operating Properties.


More Definitions of Operating Properties

Operating Properties means all such Operating Properties, collectively.
View Source
Operating Properties has the meaning ascribed to such term in Section 3.10(a).
View Source
Operating Properties means the San ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ refinery and rod mill real property, the real property managed by the San ▇▇▇▇▇▇ Mining Division, the real property managed by the Pinto Valley Mining Division, the real property managed by the Superior Mining Division and the real property managed by Magma Tintaya S.A., all as referred to in the Company Reports; (2) "Development Properties" means the real property of the ▇▇▇▇▇▇▇▇ Mining Limited Partnership and the real property of the ▇▇▇▇▇▇▇▇ Project, both as referred to in the Company Reports; (3) "Principal Properties" means all of the properties listed in clauses (1) and (2) above; (4) "Planned Developments" means the planned development and operation of the Development Properties, as described in the Company Reports; (5) "Planned Expansions" means the planned expansion and operation of Kalamazoo, Pinto Valley 7 & 8 Slice, Miami Expansion and Tintaya, all as described in the Company Reports; and (6) each reference to real property includes the improvements thereon and also includes all rights to minerals thereon.
View Source
Operating Properties means all such Operating Properties, collectively. An Operating Property shall not include any Redevelopment Asset or any New Construction Asset or properties acquired during the previous twelve (12) months (until the one year anniversary date for acquired properties).
View Source
Operating Properties means operating properties, the Phoenix development project and properties with proven and probable ore reserves.
View Source
Operating Properties means all real property (including, without limitation, all buildings, fixtures, or other improvements located thereon) now, hereafter or heretofore owned, leased, operated, or used by SB or any of the SB Subsidiaries. “Order” means any administrative decision or award, decree, injunction, judgment, order, quasi- judicial decision or award, directive, ruling, or writ of any Governmental Authority. “Participation Facilities” means any facility in which SB or any of the SB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property. “Party” means SB or Buyer, and “Parties” means both such Persons. “Party in Interest” shall have the meaning as set forth in Section 4.15(f) of the Agreement. “PBGC” shall have the meaning as set forth in Section 4.15(b) of the Agreement. “Permit” means any federal, state, local, and foreign Governmental Authority approval, authorization, certificate, easement, filing, franchise, license, notice, permit, or right to which any Person is a party or that is or may be binding upon or inure to the benefit of any Person or its securities, Assets, or business, the absence of which or a Default under would constitute a Buyer or SB Material Adverse Effect, as the case may be. “Person” means a natural person or any legal, commercial or Governmental Authority, such as, but not limited to, a corporation, general partnership, joint venture, limited partnership, limited liability
View Source
Operating Properties means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity).
View Source