Commercial Asset definition

Commercial Asset means, an Eligible Asset with respect to which the Mortgaged Property consists of office, retail, industrial, self-storage and/or mixed use properties.
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Commercial Asset means an asset that is not a family asset; (« élément d'actif commercial »)
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Commercial Asset means, an Eligible Asset with respect to which the Mortgaged Property consists of office, retail, industrial and/or mixed use properties.
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Examples of Commercial Asset in a sentence

  • Greenberg Senior Vice President, Commercial Asset Management Ted E.

  • After that time, it will be binding upon and enure to the benefit of GameSquare, Engine Gaming and their respective successors and permitted assigns.

  • Xxxxxxxx Title: Senior Vice President and Treasurer Dynegy Commercial Asset Management, LLC By: /s/ Xxxxxxxxxx X.

  • Greenberg Senior Vice President, Commercial Asset Management Michael A.

  • Capitalized terms used but not defined herein have the meanings given them in the respective applicable Commercial Asset Purchase Agreement or Military Asset Purchase Agreement.

  • Commercial Asset Tracking implementations include internal dispatch, fleet management, and internal Customer Implementations that track Customer’s or Customer’s customers’ Assets in Customer’s back-end systems (for example, internal taxi and vehicle-for-hire dispatch systems).

  • ICII's major business activities are conducted through its five wholly owned subsidiaries: Southern Pacific Bank, Imperial Business Credit, Inc., Imperial Credit Advisors, Inc., Imperial Credit Commercial Asset Management Corp.

  • The Depositor intends to sell the Class X, Class E, Class F and Class G Certificates to the Underwriters, the Class S-MAC-1, Class S-MAC-2, Class S-MAC-3 and Class S-MAC-4 Certificates to Xxxxxxx, Sachs & Co. and the Class H, Class J, Class K, Class L, Class M, Class N, Class O, Class P and Class S-AM Certificates to Commercial Asset Trading, Inc.

  • Bankers Trust/Sterling November 1, 1994 RTC 1994-C2 RTC June 17, 1994 Argo Loan/REO O'Connor Group June 1, 1994 BCS/Centerbank Cargill October 30, 1992 RTC 1992-CHF RTC March 31, 1994 Northstar Cargill Acquisition December 17, Commercial Asset Cargill/Nomura 1992 Trust I December 22, Manulife Cargill 1994 February 7, 1995 MBLAC NY REO Assoc.

  • CME Term SOFR + 2.00%), 7.36%, 09/15/34(a)(c) 3,681 3,626,104 Bayview Commercial Asset Trust Series 2005-3A, Class A1, (1-mo.


More Definitions of Commercial Asset

Commercial Asset. An Asset that is not a Multifamily Asset or Hotel Asset but is otherwise secured by an acceptable Type of Mortgaged Property. “Compliance Certificate”: A true and correct certificate in the form of Exhibit D-2, executed by a Responsible Officer of Seller and Guarantor. “Confirmation”: A purchase confirmation in the form of Exhibit B, duly completed, executed and delivered by Seller and Buyer in accordance with Section 3.01. “Connection Income Taxes”: Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. “Contingent Liabilities”: With respect to any Person as of any date of determination, all of the following as of such date: (a) liabilities and obligations (including any Guarantee Obligations) of such Person in respect of “off-balance sheet arrangements” (as defined in the Off-Balance Sheet Rules defined below in this definition), (b) obligations of such Person, including Guarantee Obligations, whether or not required to be disclosed in the footnotes to such Person’s financial statements, guaranteeing in whole or in part any Non-Recourse Indebtedness, lease, dividend or other obligation, excluding, however (i) contractual indemnities (including any indemnity or price-adjustment provision relating to the purchase or sale of securities or other -5- LEGAL02/38049601v7
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Commercial Asset means any asset, excluding a diplomatic or consular asset, a military asset or an asset of a central bank which is held in Israel by a foreign state for a commercial purpose; in this matter, an asset held in Israel by a foreign state and not intended for a particular purpose shall be regarded as being held by that state for a commercial purpose, unless it is proved otherwise;
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Commercial Asset. An Asset that is not a Multifamily Asset but is otherwise secured by an acceptable Type of Mortgaged Property.
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Related to Commercial Asset

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • Special Assessment means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Initial Assets The Assets identified on Schedule I hereto.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments. “Pledged Investment Property” excludes any Excluded Property.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Material Asset means any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):

  • Mortgage-backed security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Relevant UCC means the Uniform Commercial Code as in effect from time to time in any relevant jurisdiction.

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Close financial association means an association in which the person filing shares significant financial involvement with an individual and the filer would reasonably be expected to be aware of the individual's business activities and would have access to the necessary records either directly or through the individual. "Close financial association" does not mean an association based on (i) the receipt of retirement benefits or deferred compensation from a business by which the person filing this statement is no longer employed, or (ii) the receipt of compensation for work performed by the person filing as an independent contractor of a business that represents an entity before any state governmental agency when the person filing has no communications with the state governmental agency.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • Related Security means, with respect to any Receivable:

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.