Intangible Personal Property

Intangible Personal Property. The term "Intangible Personal Property" shall mean, to the extent assignable, all of the right, title and interest of seller in and to the following items: (i) the Leases (as such term is defined below); (ii) any governmental permits or licenses with respect to the Premises, to the extent in seller's possession, and (iii) any plans owned by seller and in seller's possession relating the ownership and operation of the Premises.

Intangible Personal Property. Shall mean, with respect to the Property, all right, title and interest of Owner and the Sellers, if any, in and to all intangible personal property used in connection with the operation of the Property and including, without limitation, good will, going concern value, radius restriction and operating agreements of Tenants, all telephone numbers listed after the name of the Property, all names (including, without limitation, the name "The Grand Canal Shoppes"), trade names, designations, logos... and service marks, websites, domain names and the appurtenant good will, used in connection with operation of the Property (other than the names or variations thereof of the Managing Agent and Tenants), the right to own, develop, lease and manage the Property and all similar items of intangible personal property owned by Owner and utilized solely in connection with the operation of the Property, but excluding any cash or cash equivalents held by Owner (subject, however, to the provisions of Article 6). View More

Intangible Personal Property. Means the Contracts, the Permits and Licenses, the Warranties and, to the extent owned by Seller and assignable by Seller without the consent of any other party, any and all plans, drawings and specifications regarding the Improvements and any and all surveys, reports and studies in Seller's possession with respect to the Real Property, but does not include the names "Arvida" and "Weston" and/or any trade names, trademarks, service marks or logos associated therewith. Intangible Personal... Property also includes a Yardi database with up-to-date information concerning the Leases (as well as copies of the checks for the security deposit received by Seller and referred to therein), but does not include the Yardi software itself nor any of the hardware or software relating to e-mail, Internet access, timeclocks, accounts payable, general ledger and fixed assets accounting, or for human resources and payroll processing. Where any item of Intangible Personal Property pertains not only to the Retail, Restaurant and Studio Office Space but also to other business operations, facilities or properties within the Center, the term Intangible Personal Property as used herein refers to the item in question only to the extent that it is used with or pertains to the Retail, Restaurant and Studio Office Space. View More

Intangible Personal Property. Means all Intellectual Property used or held for use in the conduct of the Business (including Seller's goodwill therein) and all rights, privileges, claims, causes of action and options relating or pertaining to the Business or any other Acquired Assets, including but not limited to the items listed on Schedule C hereto.

Intangible Personal Property. Means to the extent assignable, Sonesta's right, title and interest in and to all intangible personal property owned or possessed by Sonesta and used in connection with the ownership or operation of the Property, including, without limitation, (1) Authorizations, (2) utility and development rights and privileges, impact fee credits, development density, utility capacity or similar rights, general intangibles, business records, plans and specifications pertaining to the Real Property and the... Personal Property, (3) any unpaid award for taking by condemnation or any damage to the Land by reason of a change of grade or location of or access to any street or highway excluding, however, the Intellectual Property. View More

Intangible Personal Property. A collective reference to all entitlements and intangible personal property in connection with or arising out of the design, construction, ownership, occupancy, use, management, operation, maintenance, repair or ownership of the Real Property, including without limitation all tradenames, service marks, trademarks and logos associated with the Real Property, if any, including Seller's rights and interest, if any, in the name "Harrison Place Apartments"; the domain name... "http:/harrisonplaceapt.com"; and Seller's rights and interest, if any, in and to any plans, specifications, architectural and other engineering drawings for all of the buildings, structures and other improvements constructed on or proposed to be constructed on the Real Property; warranties, guaranties and other contract rights, zoning approvals and other Licenses (to the extent assignable); tenant lists, correspondence with tenants, booklets, manuals and other promotional materials with respect to the Real Property; and all phone number(s) and fax number(s) used exclusively in the operation or management of the Real Property by Seller or its property manager. View More