Cooperative interest definition

Cooperative interest means the ownership interest in a cooperative housing corporation which is coupled with a possessory interest in real or personal property or both and evidenced by a membership certificate.
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Cooperative interest means an ownership interest in the association coupled with a possessory
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Cooperative interest means an ownership inter-
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Examples of Cooperative interest in a sentence

  • Cooperative interest" means the ownership interest in a cooperative affordable housing corporation that is evidenced by a membership share.[PL 1993, c.

  • If the Water Charge or any portion thereof remains unpaid following theirdue date, the delinquent Project Participant shall be charged with and pay to the order of the Cooperative interest on the amount unpaid from its due date at such rates the Project Board may establish fromtime to time.

  • If the Water Charge or any portion thereof remains unpaid following their due date, the delinquent Project Participant shall be charged with and pay to the order of the Cooperative interest on the amount unpaid from its due date until paid at such rates the Project Board may establish from time to time..

  • In addition to the overdue amount, the Member shall pay to the Cooperative interest on such amount from the date it was due until paid at the rate of twelve percent (12%) per annum, provided that in no event shall such interest rate be more than the maximum rate allowed by the applicable law.

  • Hansen briefed the body on United Cooperative interest in 50+ acres.

  • Cooperative interest in understanding the symptoms, associations, dreams, and behavior.

  • The work of the Chairman of the Board throughout the fiscal year 2018 has been positively valued by the members of the Board of Directors, highlighting her outstanding performance as well as her efforts in preserving the independence of the Board of Directors and aligning the Cooperative interest with shareholders’ interest.

  • Hansen briefed attendees on United Cooperative interest in acres south of the cemetery.

  • All gifts, in any amount, are sincerely appre- ciated.In loving memory of John E.

  • Cooperative interest" means the ownership interest in a cooperative affordable housing corporation that is evidenced by a membership share.[ 1993, c.


More Definitions of Cooperative interest

Cooperative interest means an ownership interest in the association coupled with a possessory interest in a unit under a proprietary lease. For purposes of this act, a declarant is treated as the owner of any cooperative interests or potential cooperative interests to which allocated interests have been allocated pursuant to §55-444 until that cooperative interest has been created and conveyed to another person.
Sample 1
Cooperative interest means an ownership interest in the association coupled with a possessory interest in a unit under a proprietary lease. For purposes of this act, a declarant is treated as the
Sample 1Sample 2
Cooperative interest means an ownership interest in the association coupled with a possessory interest in a unit under a proprietary lease. For purposes of this chapter, a declarant is treated as the owner of any cooperative interests or potential cooperative interests to which allocated
Sample 1Sample 2
Cooperative interest means the ownership interest in a cooperative housing corporation
Sample 1

Related to Cooperative interest

  • Insurable interest as used in this section means any actual, lawful, and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment.

  • Remaining Term Interest means, with respect to any Note, the aggregate amount of scheduled payment(s) of interest on such Note for the remaining term of such Note determined on the basis of the rate of interest applicable to such Note from and including the date on which such Note is to be redeemed by the Issuer pursuant to this Condition.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.