Equitable Owner definition

Equitable Owner means any Person having an Equitable Ownership in Borrower.
Equitable Owner means the person or persons recognized in equity as the owner of the subject real property and /or its appurtenant structures, because the real and beneficial use and title belong to him, although e bare legal title is vested in another, e.g. a land contract vendee.
Equitable Owner means Xxxxx Real Estate, LLC, its successors and assigns.

Examples of Equitable Owner in a sentence

  • Owner, Equitable Owner and Buyer agree that the proceeds of the Purchase Price shall be paid and distributed in accordance with the provisions of the Order and such payment shall be deemed to be payment to the Seller in accordance with the terms hereof.

  • The personal property shall include but in no way be limited to the items set forth in Exhibit "C" attached hereto and made a part hereof, which may be modified in writing by Equitable Owner and Buyer.

  • Section 702.A.11 Page 7-2 - Text should read, “encompass the storm water…includes a fifteen (15) –foot…” Section 702.B.1.c. The “Owner” indicated in the O&M Plan may be Homeowner’s Association or maybe an Equitable Owner until a subdivision is conveyed to individual plot owners.

  • QFAC, LLC, successor in interest to QF Acquisition Corp, as Equitable Owner, and PIDC Financing Corporation as Owner, intending to be legally bound hereby, acknowledges receipt of the Deposit (as that term is defined in such Agreement) and agrees to keep, observe and perform the terms and conditions of such Agreement relating to the holding and disbursement of the Deposit, together with any interest earned thereon and all additional moneys paid to it in escrow pursuant to the terms and conditions thereof.

  • This is associated with rezoning application Z-21-01.Owner: College Towers, LLC Equitable Owner: Two Farms, LLC Address: 1205 McKee Road Tax Parcel: ED-05-067.00-02-51.00-000 Size: 3.46.

  • It is acknowledged that under no circumstances shall the Owner be liable for money damages to Buyer or to Equitable Owner for any breach of this Agreement or damages relating to Buyer's purchase and ownership of the Property.

  • The Contractor shall in any event be responsible for any damage resulting from such use.Section 01111 Environmental Protection Procedures.3 Any trees or other landscape feature scarred or damaged by the Contractor's equipment or operations shall be restored as nearly as possible to original condition..4 All trimming or pruning shall be performed in an approved manner by an experienced Arborist with saws or pruning shears.

  • Equitable Owner shall and hereby agrees promptly to amend its Voluntary Petition in the Bankruptcy Case to include as creditors the Departments of (i) Revenue and Industry and (ii) Labor of the Commonwealth of Pennsylvania (collectively "PA Depts.").

Related to Equitable Owner

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Note Owner means, with respect to a Book-Entry Note, the Person who is the beneficial owner of such Book-Entry Note, as reflected on the books of the Clearing Agency or a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Retained Interest Holder Not applicable.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Certificateholder only the Person in whose name a Certificate is registered in the Certificate Register.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • 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.

  • Transfer Affidavit As defined in Section 5.02(c).

  • Partnership Representative has the meaning set forth in Section 5.2(a).

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Transferee Affidavit As defined in Section 5.03(n).

  • Transfer Affidavit and Agreement As defined in Section 5.02(d).

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Certificate Owner With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Book-Entry Certificate.

  • Transferors means the entities acting as Transferors under the Pooling and Servicing Agreement.

  • Transferee Affidavit and Agreement As defined in Section 6.02(g)(i)(B).