Cooperative Stock definition

Cooperative Stock. With respect to a Cooperative Loan, the single outstanding class of stock, partnership interest or other ownership instrument in the related Cooperative.
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Cooperative Stock. With respect to a Cooperative Loan, the single outstanding class of stock, partnership interest or other ownership instrument in the related Cooperative. Cooperative Stock Certificate: With respect to a Cooperative Loan, the stock certificate or other instrument evidencing the related Cooperative Stock. Corporate Trust Office: The corporate trust office of the Trustee in the Commonwealth of Massachusetts, at which at any particular time its corporate trust business with respect to this Agreement shall be administered, which office at the date of the execution of this Agreement is located at Xxx Xxxxxxxxxxxxx Xxxxx, Xxxxxx, XX 00000, Attention: Corporate Trust PNC 1999-4. Corresponding Class: With respect to the Group I Certificates and the Group I-L Regular Interests, the "Corresponding Class" shall be as indicated in the following table or as set forth below: Class I-A-3-L Class I-A-3 Class I-A-4-L Class I-A-4 Class I-A-6-L Class I-A-6 Class I-A-10-L Class I-A-10 Class I-X-L Class I-X With respect to the Class I-A-2 Certificates, the "Corresponding Class" will be both of the Class I-A-2-1-L Regular Interest and the Class I-A-2-2-L Regular Interest. With respect to the Class I-A-5 Certificates, the "Corresponding Class" will be both of the Class I-A-5- 1-L Regular Interest and the Class I-A-5-2-L Regular Interest. With respect to the Class I-A-7 Certificates, the "Corresponding Class" will be both of the Class I-A-7-1-L Regular Interest and the Class I-A-7-2-L Regular Interest. With respect to the Class I-A-8 Certificates, the "Corresponding Class" will be both of the Class I-A-8-1-L Regular Interest and the Class I-A-8-2-L Regular Interest. With respect to the Group II Certificates and the Group II-L Regular Interests, the "Corresponding Class" shall be as indicated in the following table: Class II-A-1-L Class II-A-1 Class II-X-L Class II-X Class II-P-L Class II-P With respect to the Group III Certificates and the Group III-L Regular Interests, the "Corresponding Class" shall be as indicated in the following table: Class III-A-1-L Class III-A-1 Class III-X-L Class III-X Class III-P-L Class III-P With respect to the Group IV and Class R-3 Certificates and the Group IV-L Regular Interests, the "Corresponding Class" shall be as indicated in the following table: Class IV-A-1-L Class IV-A-1 Class IV-A-2-L Class IV-A-2 Class IV-A-3-L Class IV-A-3 Class IV-A-4-L Class IV-A-4 Class IV-A-5-L Class IV-A-5 Class IV-A-6-L Class IV-A-6 Class IV-A-7-L Class IV-A-7 Clas...
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Examples of Cooperative Stock in a sentence

  • A private, cooperative housing corporation which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

  • A private, cooperative housing corporation organized under the laws of, and headquartered in, the State of New York which owns or leases land and all or part of a building or buildings located in the State of New York, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

  • A private, cooperative housing corporation organized under the laws of, and headquartered in, the State of New York which owns or leases land and all or part of a building or buildings located in any such state, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

  • With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • Land and improvements securing the indebtedness of a Mortgagor under the related Mortgage Loan or, in the case of REO Property, such REO Property, or, in the case of a Cooperative Loan, the related Cooperative Lease and Cooperative Stock.

  • A private, cooperative housing corporation organized under the laws of, and headquartered in, the States of New York or New Jersey which owns or leases land and all or part of a building or buildings located in such states, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

  • A private, cooperative housing corporation organized under the laws of, and headquartered in, the States of New York, New Jersey, North Carolina, Washington, Virginia or Hawaii which owns or leases land and all or part of a building or buildings located in any such state, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

  • With respect to a Cooperative Loan, the agreement or mortgage creating a security interest in favor of the originator of the Cooperative Loan in the related Cooperative Stock.

  • With respect to a Cooperative Loan, the stock certificate or other instrument evidencing the related Cooperative Stock.

  • Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment or mortgage of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Seller.

Related to Cooperative Stock

  • Cooperative Stock Certificate With respect to a Cooperative Loan, the stock certificate or other instrument evidencing the related Cooperative Stock.

  • Executive Stock will continue to be Executive Stock in the hands of any holder other than Executive (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Stock will succeed to all rights and obligations attributable to Executive as a holder of Executive Stock hereunder. Executive Stock will also include shares of the Company's capital stock issued with respect to Executive Stock by way of a stock split, stock dividend or other recapitalization.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Cooperative Shares Shares issued by a Cooperative Corporation.

  • Alternative Stock Exchange means at any time, in the case of the Ordinary Shares, if they are not at that time listed and traded on the ASX, the principal stock exchange or securities market on which the Ordinary Shares are then listed or quoted or dealt in;

  • Publicly Traded Securities means shares of common stock that are listed or quoted on any of The New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective successors) or will be so listed or quoted when issued or exchanged in connection with a Fundamental Change described in clause (b) of the definition thereof.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board to participate in the Non-423 Component.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualified Equity Interests means any Equity Interests that are not Disqualified Equity Interests.

  • Publicly traded corporation means any Person other than an individual that is organized under the laws of and for which its principal place of business is located in one of the states or territories of the United States or District of Columbia or another country that authorizes the sale of marijuana that:

  • Disregarded Domestic Subsidiary means any direct or indirect (other than through a Foreign Subsidiary) Domestic Subsidiary of which all but a de minimis amount of the assets of which consist of equity interests of one or more indirect Foreign Subsidiaries.

  • Qualified Equity Interest means, with respect to any Person, any Equity Interest of such Person that is not a Disqualified Equity Interest.

  • Prohibited Materials any products or materials that: do not conform to relevant standards or codes of practice; or are generally known within the construction industry at the time of specification to be deleterious to health and safety or the durability of buildings or structures in the particular circumstances in which they are specified for use;

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Cooperative Unit A single family dwelling located in a Cooperative Property.

  • Publicly traded partnership means any partnership, an interest in which is regularly traded on an established securities market. A “publicly traded partnership” may have any number of partners.

  • Prohibited Transferee means any of the Persons listed on Schedule I attached to this Agreement.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Restricted materials means pesticides established as restricted materials under Title 3, California Code of Regulations, section 6400.

  • Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

  • Company Stock Option means an option to purchase shares of Common Stock.

  • Traded Securities means any debt or equity securities issued pursuant to a public offering or Rule 144A offering.