Commercial Owner definition

Commercial Owner means an Owner of a Commercial Resort Lot;

Commercial Owner means the owner of the commercial component in respect of Portion A and/or Portion B in the Estate or part thereof, being the Village Facilities, Frail Care and Memory Centre and Medical Consulting Rooms.

Commercial Owner means 731 Commercial LLC, a Delaware limited liability company, together with its permitted successors and assigns.

Examples of Commercial Owner in a sentence

• The Original Owner or Commercial Owner of any structure must complete the Certificate of Registration provided with the Product order and mail it to NBP at 0000 Xxxxxxxx Xxxxxx, Xxxxxxxxxxxx, XX 00000 within 30 days of the date of Product delivery in order to validate this Warranty and qualify for its benefits.

• Each Buyer of a Residential Unit or subsequent owner thereof, by taking title thereto, acknowledges and agrees that Initial Commercial Owner has no responsibility for and shall be deemed to have waived any and all claims against Initial Commercial Owner arising out of or associated with Seller’s improvements, including without limitation, its construction and sales.

• Initial Commercial Owner shall have no responsibility for the construction of the Residential Development and/or the sale of the Residential Units.

• Initial Commercial Owner makes no representation or warranty whatsoever, whether express or implied, with respect to any Residential Units, Residential Limited Common Elements, buildings or other improvements made by Seller, nor has Initial Commercial Owner authorized any other party to make any such representation or warranty, and such other parties are without legal authority to make any such representation or warranty.

• Notwithstanding anything to the contrary herein contained, except as provided in any Guaranty or in the Environmental Indemnity, no direct or indirect member of Residential Owner or Commercial Owner, nor any principal, director, officer or employee of any such member, shall have any personal liability under the Loan Documents.

More Definitions of Commercial Owner

Commercial Owner means Commercial Owner 1 or Commercial Owner 2, as the context may require, and the term “Commercial Owners” shall collectively mean Commercial Owner 1 and Commercial Owner 2.

Commercial Owner means and refer to any one or more of the Record Owners of a Commercial Unit, as hereinafter defined, and their respective successors and assigns.

Commercial Owner means and refer to the record owner, whether one or more persons or entities, of fee simple title to any Commercial Lot, including contract sellers, but excluding those having such interest merely as security for the performance of an obligation; provided, however, that the holder of a security interest in all or any portion of a Commercial Lot shall be a Commercial Owner to the extent that such holder acquires a fee simple interest in all or any portion of a Commercial Lot as a result of a foreclosure proceeding or by a deed in lieu of foreclosure if such interest is held for purposes other than as security for the performance of an obligation.

Commercial Owner means any and all Owners of Commercial Property Units (also defined as “Owners” under Declaration Section 1.44.)

Commercial Owner means any owner who is not a residential owner, industrial owner or institutional owner.

Commercial Owner means any person who owns or controls a wood heater in the course of the manufacture, importation, distribution, or sale of the wood heater.

Commercial Owner or “non-modeler” means the owner of a small unmanned aircraft used for non-model aircraft purposes.