Exempted Property definition

Exempted Property means Property which is exempted by subsection 14(6) of the MFMA from the other provisions of that section;

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Exempted Property means, as of any date of determination, each Pledged Property or portion thereof that is used for a “governmental purpose” as contemplated by Section 34181(a) of the Health and Safety Code of the State of California. A Pledged Property may consist of both Exempted Property and non-Exempted Property.

Exempted Property in § 522(c) means only the property that is subject to the exemption. As determined by California law, [debtor]s’ exempted property consisted of the $100,000 homestead, and did not extend to any

Examples of Exempted Property in a sentence

• This Agreement shall become effective on the Effective Date after the Agreement is executed and delivered by all Parties and shall remain in effect for such period as the CRA Exemption is in effect with respect to the CRA Exempted Property.

• If for any reason the Exempted Property shall become or be considered an asset of the Agency, then the Agency shall dispose of the Exempted Property as expeditiously as possible and in a manner aimed at maximizing value in accordance with ABX1 26.

• Within thirty (30) days after the Township Fiscal Officer distributes Service Payments in Lieu of Taxes with respect to the Exempted Property to the Township’s Tax Increment Equivalent Fund and the Township Fiscal Officer provides certification as to the amount of the TIF Compensation, the Township shall pay to the School District, the amount of the TIF Compensation.

• This Agreement shall become effective on the date that it is executed and delivered and shall remain in effect for such period as any TIF Exemption on the Future Exempted Property is in effect.

• The Township agrees to ensure that notice of its exemption of the Exempted Property and the requirement of property owners to make Service Payments is properly recorded with the ▇▇▇▇▇▇▇▇ County Recorder in accordance with Section 5709.911(C)(1) of the Ohio Revised Code.

• Pursuant to the Exempted Tenancy Agreement, Best Melody has agreed to lease the Exempted Property to ▇▇.

• The City agrees to file, or cause to be filed, at the appropriate time notice of the TIF Exemption of the Exempted Property and the requirement of property owners to make Service Payments with the Hamilton County Recorder in accordance with Section 5709.911(C) of the Ohio Revised Code.

• The District waives its right to approve tax exemptions and its right to receive prior notice of such exemptions under Ohio Revised Code Section 5709.73 as to the Future Exempted Property only.

• Require the enterprise, owner, lessee, and/or developer to make semi-annual payments in lieu of taxes (“Payments in Lieu of Taxes”) to the City (or to ▇▇▇▇▇▇▇▇ County for subsequent distribution to the City) during the exemption period in a total annual amount not less than 33 percent of the Total Exempted Property Taxes with respect to the project.

• The foregoing notwithstanding, with regard to the 16.882± acre StoryPoint Property only, which is included in the Future Exempted Property, if the Township grants no more than a ten (10) year, seventy-five percent (75%) exemption for the StoryPoint Property, then it will not be required to make the TIF Compensation Payments to the District or ▇▇▇▇▇▇ Tech Joint Vocational School District for the StoryPoint Property.

More Definitions of Exempted Property

Exempted Property means any property of a class described under Section 7 of this Law;

Exempted Property an apartment located at ▇▇▇▇▇▇▇▇▇, ▇▇. ▇▇ ▇▇▇▇▇▇▇▇▇ Path, Mid-Levels, Hong Kong with a gross floor area of approximately 8,018 square feet and flat roof and carparking spaces; “Exempted Tenancy Agreement” the tenancy agreement dated 29th November, 2017 entered into between Best Melody and ▇▇. ▇▇▇ ▇▇▇▇ ▇▇▇ in respect of the lease of the Exempted Property for a term of two years from 19th November, 2017 to 18th November, 2019; “Existing Tenancy Agreement” the tenancy agreement dated 2nd December, 2015 entered into between Hillcrest and AGL in respect of the lease of the Property for a term of two years from 1st January, 2016 to 31st December, 2017;

Exempted Property means Property that is Securities and Instruments Collateral, Stock Collateral or Notes Collateral (in each case, as defined in the Security Agreements).

Exempted Property. Each Exempt Aircraft, each Aircraft Asset whose value is not included in the Borrowing Base, and any other property of the Borrower or any of its Subsidiaries under the Loan Documents as to which no Lien in favor of the Collateral Agent need be perfected.

Exempted Property shall have the meaning assigned to such term in Section 8.07.