BEHALF OF ANY PERSON OR ENTITY THAT IS LISTED IN THE ANNEX TO,
OR IS OTHERWISE SUBJECT TO THE PROVISIONS OF, THE EXECUTIVE ORDER; (C) A PERSON
OR ENTITY THAT IS NAMED AS A "SPECIALLY DESIGNATED NATIONAL" OR "BLOCKED PERSON"
ON THE MOST CURRENT LIST PUBLISHED BY THE U.S. TREASURY DEPARTMENT'S OFFICE OF
FOREIGN ASSETS CONTROL ("OFAC") AT ITS OFFICIAL WEBSITE,
; (D) A PERSON OR ENTITY THAT IS
OTHERWISE THE TARGET OF ANY ECONOMIC SANCTIONS PROGRAM CURRENTLY ADMINISTERED BY
OFAC; OR (E) A PERSON OR ENTITY THAT IS AFFILIATED WITH ANY PERSON OR ENTITY
IDENTIFIED IN CLAUSE (A), (B), (C) AND/OR (D) ABOVE.
(RRR)
"PROPERTY" MEANS (A) THE LAND AND IMPROVEMENTS AND ALL RIGHTS
OF THE APPLICABLE SELLER, IF ANY, IN AND TO ALL OF THE EASEMENTS, RIGHTS,
PRIVILEGES, AND APPURTENANCES BELONGING OR IN ANY WAY APPERTAINING TO SUCH LAND
AND IMPROVEMENTS, (B) THE RIGHT, IF ANY AND ONLY TO THE EXTENT TRANSFERABLE, OF
SUCH SELLER IN THE PROPERTY CONTRACTS (OTHER THAN TERMINATED CONTRACTS), LEASES,
PERMITS (OTHER THAN EXCLUDED PERMITS), TENANT DEPOSITS AND THE FIXTURES AND
TANGIBLE PERSONAL PROPERTY RELATED TO SUCH LAND AND IMPROVEMENTS, AND (C) THE
MISCELLANEOUS PROPERTY ASSETS OWNED BY SUCH SELLER WHICH ARE LOCATED ON SUCH
LAND AND IMPROVEMENTS AND USED IN ITS OPERATION.
(SSS)
"PROPERTY CONTRACTS" MEANS, WITH RESPECT TO EACH PROPERTY, ALL
CONTRACTS, AGREEMENTS, EQUIPMENT LEASES, PURCHASE ORDERS, MAINTENANCE, SERVICE,
OR UTILITY CONTRACTS AND SIMILAR CONTRACTS, EXCLUDING LEASES, WHICH RELATE TO
THE OWNERSHIP, MAINTENANCE, CONSTRUCTION OR REPAIR AND/OR OPERATION OF SUCH
PROPERTY, BUT ONLY TO THE EXTENT ASSIGNABLE BY THEIR TERMS OR APPLICABLE LAW
(INCLUDING ANY CONTRACTS THAT ARE ASSIGNABLE WITH THE CONSENT OF THE APPLICABLE
VENDOR), AND NOT INCLUDING (A) ANY NATIONAL CONTRACTS ENTERED INTO BY THE
APPLICABLE SELLER, PROPERTY MANAGER, OR AIMCO WITH RESPECT TO THE APPLICABLE
PROPERTY (I) WHICH TERMINATE AUTOMATICALLY UPON TRANSFER OF SUCH PROPERTY BY
SUCH SELLER, OR (II) WHICH SUCH SELLER, IN SELLER'S SOLE DISCRETION, ELECTS TO
TERMINATE WITH RESPECT TO SUCH PROPERTY IN ACCORDANCE WITH SECTION 3.6,
EFFECTIVE AS OF THE CLOSING DATE, OR (B) ANY PROPERTY MANAGEMENT CONTRACT FOR
SUCH PROPERTY.
(TTT)
"PROPERTY CONTRACTS NOTICE" SHALL HAVE THE MEANING SET FORTH
IN SECTION 3.6.
(UUU)
"PROPERTY MANAGER" MEANS THE CURRENT PROPERTY MANAGER OF EACH
PROPERTY.
(VVV)
"PROPERTY TAXES" SHALL HAVE THE MEANING SET FORTH IN SECTION
6.5.13.
(WWW)
"PRORATION SCHEDULE" SHALL HAVE THE MEANING SET FORTH IN SECTION 6.5.1.
(XXX)
"PURCHASE PRICE" SHALL HAVE THE MEANING SET FORTH IN SECTION 2.2.
(YYY)
"PURCHASER'S DESIGNATED ENTITY" SHALL HAVE THE MEANING SET FORTH
IN SECTION 14.4.
(ZZZ)
"PURCHASER'S INDEMNIFIED PARTIES" SHALL HAVE THE MEANING SET
FORTH IN SECTION 3.6.
(AAAA)
"RECORDS DISPOSAL NOTICE" SHALL HAVE THE MEANING SET FORTH IN
SECTION 6.5.12.
(BBBB)
"RECORDS HOLD PERIOD" SHALL HAVE THE MEANING SET FORTH IN
SECTION 6.5.12.
(CCCC)
"REFUND" SHALL HAVE THE MEANING SET FORTH IN SECTION 6.5.13(A).
(DDDD)
"REGIONAL PROPERTY MANAGER" MEANS, WITH RESPECT TO EACH PROPERTY, THE
INDIVIDUAL IDENTIFIED IN THE SELLER INFORMATION SCHEDULE.
(EEEE)
"REMEDIATION" SHALL HAVE THE MEANING SET FORTH IN SECTION 15.2.
(FFFF)
"RENT