Co-op Shares definition
Co-op Shares. Shares issued by private non-profit housing corporations.
Co-op Shares. With respect to any Co-op Loan, the shares of stock issued by a co-op corporation and allocated to a co-op unit and represented by a stock certificate.
Co-op Shares. Shares issued by a Cooperative Corporation.
Examples of Co-op Shares in a sentence
With respect to each Co-op Loan, there is no prohibition against pledging the Co-op Shares or assigning the Proprietary Lease.
There are no liens against or security interests in the Co-op Shares relating to each Co-op Loan (except for liens that are permitted by the ▇▇▇▇▇▇ ▇▇▇ Selling Guide), which have priority equal to or over the Sellers’ security interest in such Co-op Shares.
More Definitions of Co-op Shares
Co-op Shares means a share certificate issued by the timeshare cooperative association of La Cabana Resort.
Co-op Shares means, with respect to any Co-op Loan, the shares of stock issued by a Co-op Corporation and allocated to a Co-op Unit and represented by a Stock Certificates.
Co-op Shares means a share certificate issued by the timeshare cooperative association of La Cabana Resort, which entitles the owner thereof the right to use and occupy a fixed Unit at a fixed period of time each year at La Cabana Resort.
Co-op Shares means the shares of capital stock in a residential cooperative housing corporation appurtenant to a Co-Op Lease issued to the lessees under such Co-Op Lease.