Defeasance Notice definition

Defeasance Notice is defined in Section 11.12(b).

Defeasance Notice is defined in Section 44(b).

Defeasance Notice is defined in Section 12.12(b).

Examples of Defeasance Notice in a sentence

• The Defeasance Date may not be more than 60 calendar days, nor less than 30 calendar days, after the delivery of the Defeasance Notice.

• To clarify this observation, we also examine performance using the data from January 1940 to December 2012 to avoid the Great Depression period.

• The form of such Defeasance Notice is set forth as Exhibit D hereto.

• A letter from the Acting Chief, Publi- cations and Regulations Branch, Internal Revenue Service, transmitting the Service’s final rule—Tax-Exempt Leasing Involving Defeasance [Notice 2005-13] received Feb- ruary 24, 2005, pursuant to 5 U.S.C. 801(a)(1)(A); to the Committee on Ways and Means.1078.

• In connection with the delivery of the Defeasance Notice, Borrower shall cause to be paid to Funding Lender Representative the Defeasance Fee set forth in the Continuing Covenant Agreement.

More Definitions of Defeasance Notice

Defeasance Notice is defined in Section 4.04(c) of the Project Loan Agreement.

Defeasance Notice is defined in Section 2.3(b)(v).

Defeasance Notice. As defined in Section 10(d).

Defeasance Notice. 2.3.3(a)(i) “Defeased Note” – 2.3.3(a)(vi) “Disclosure Document” – 9.2 “Embargoed Person” – 5.19(a) “Environmental Laws” – 4.19 “Equipment” – Security Instrument “Exchange Act” – 9.2

Defeasance Notice is defined in Section 10.23(b).

Defeasance Notice means a notice executed and delivered by an Authorized Officer of the Servicer (i) certifying with respect to any Land Lease Asset that (A) the Depositor is obligated to repurchase the related Membership Interest pursuant to the Sale Agreement and has elected to satisfy such repurchase obligation by defeasing such Membership Interest, (B) the related Lessee has notified the related Land Lease Entity in writing that such Lessee desires to prepay the remaining Scheduled Lease Payments with respect to such Land Lease Asset and terminate the related Land Lease Asset Documents, or (C) the related Lessee has defaulted (or the Servicer has determined in its good faith business judgment that such Lessee will default) in the payment of one or more Scheduled Lease Payments with respect to such Land Lease Asset, (ii) specifying the Defeasance Date, and (iii) directing the Issuer to defease the related Membership Interest (or the related equity interest in any new special purpose company formed pursuant to Section 8.06) and transfer the related Membership Interest (or such equity interest) to the Depositor pursuant to Section 8.06 on the Defeasance Date specified in such notice.

Defeasance Notice has the meaning ascribed to such term in Section 17.6.