Encumbering Right definition

Encumbering Right means every licence, permit or other right, and every right, title or interest described in 5.4.2.
Sample 1Sample 2Sample 3
Encumbering Right means a right in respect of Settlement Lands referred to in section 7(94) of the Inuvialuit Final Agreement, section 18.5 of the Gwich’in Agreement, section 19.5 of the Sahtu Agreement, section 18.6 of the Tłîchô Agreement and any similar right administered by Canada or the GNWT pursuant to similar terms of any other Settlement Agreement.
Sample 1Sample 2Sample 3
Encumbering Right means a right referred to in section 7(94) of the Inuvialuit Final Agreement, an interest referred to in section 18.5 of the Gwich’in Agreement, section 19.5 of the Sahtu
Sample 1Sample 2Sample 3

Examples of Encumbering Right in a sentence

  • For the purposes of 5.6.0, "Encumbering Right" means every licence, permit or other right, and every right, title or interest described in 5.4.2.

  • Government Notify TKC of proposal to increase term of an Encumbering Right pursuant to amended legislation, provide relevant details and request consent.

  • Hence, under the KFN Final Agreement (2003), the Easement and additional pipeline reservations are an Encumbering Right over specific KFN Settlement Land areas, which exclude KFN’s rights to use a portion of its Settlement Land in conflict with the specified Encumbering Right.Both the AHGP Easement—and land reservations set aside to support development of the AHGP—represent the cumulative impact of a large-scale Encumbering Right over KFN Settlement Lands.


More Definitions of Encumbering Right

Encumbering Right means a right in respect of Inuit Owned Lands referred to in Part 7 of Article 21 of the Nunavut Agreement or any similar right administered by the GC or the GN pursuant to similar terms of any other Land Claims Agreement or a Settlement Agreement.
Sample 1Sample 2
Encumbering Right means every license, permit or other right, and every right, title or interest described in section 5.4.2 of the Umbrella Final Agreement that was issued, granted or otherwise secured under the Xxxxxxxxxxx Xxxxx Xxx (Xxxxxx), the Yukon Placer Mining Act (Canada), the Yukon Quartz Mining Act (Canada) or the Yukon Waters Act (Canada).
Sample 1
Encumbering Right means a right referred to in section 7(94) of the Inuvialuit Final Agreement, an interest referred to in section 18.5 of the Gwich’in Agreement, section 19.5 of the Sahtu Agreement or section 18.6 of the Tlicho Agreement or a similar right or interest referred to in another settlement agreement.
Sample 1

Related to Encumbering Right

  • State property means any building, land, or other real property owned, leased, or occupied by any department, agency, or instrumentality wholly owned by the State, unless, with respect to any building, land, or other real property leased or rented by the State, the lease or rental agreement shall prohibit the establishment of such vending facilities.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Separate property means all rights and interests in property of any kind, including contingent interests, owned by each party on the effective date of this agreement. The term "Separate Property", as used in this agreement, is further defined below.

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Residential property means improved property that:-

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.