Commercial Assets definition

Commercial Assets means the Real Estate Assets with respect to Commercial Mortgage Loans.

Commercial Assets means parcels of land wholly-owned by any Loan Party which are zoned for the construction of commercial units and any commercial units which any Loan Party has constructed or is constructing thereon.

Commercial Assets means those Assets obtained or held for the primary purpose of producing income or in anticipation of a future increase in value including, without limitation, investments in joint ventures and financial assets;

Examples of Commercial Assets in a sentence

• Mr. Considine serves as Chairman and director of Asset Investors Corporation ("Asset Investors") and Commercial Assets, Inc.

• He is currently Co-Chairman of the Board, Co-Chief Executive Officer and a Director of Asset Investors and Commercial Assets.

• Becker, as the Chief Financial Officer of Commercial Assets, Inc., a Delaware corporation, the Sole Member of CAX RANCHO MIRAGE, L.L.C., a Delaware limited liability company.

• We consent to the filing of this opinion as an exhibit to the Registration Statement, and to the references to Skadden, Arps, Slate, Meagher & Flom LLP under the caption "Material Federal Income Tax Consequences of the Merger to Commercial Assets Stockholders" in the Registration Statement.

• He is currently Co-Chairman of the Board, Co-Chief Executive Officer and a Director of Commercial Assets Inc.

• The United States Federal income tax consequences of the Merger to a Commercial Assets stockholder will depend upon that stockholder's particular situation, and we express no opinion as to the completeness of the discussion set forth in "Material Federal Income Tax Consequences of the Merger to Commercial Assets Stockholders" as applied to any particular stockholder.

• Adoption of the Second Amended and Restated Agreement and Plan of [ ] FOR [ ] AGAINST [ ] ABSTAIN Merger, dated as of June 2, 2000, by and between Asset Investors Corporation and Commercial Assets, Inc.

• X Xxxxxxxxxx, FL 33759 FAX No. (813) 791-9200 With a copy to: Commercial Assets, Inc.

• The Executive shall devote substantially all of his business time and energies to the business of FAMC, provided that he may engage in outside business activities and render services to other parties so long as such activities and/or services (i) do not conflict with the principal activity of the Company, FAMC, Asset Investors Corporation ("AIC") or Commercial Assets, Inc.

• Commercial Assets The Company owns $2.8 billion of commercial assets (with a basis of $1.9 billion), which includes CMBS, mezzanine loans, B-Notes, whole loans and other investments.

More Definitions of Commercial Assets

Commercial Assets means the Commercial Loans and the SBA Loans.