French Property definition

French Property means the property known as La Residence de Bois Fontaine
Sample 1
French Property means the property, short particulars of which are set out in Part 4 of Schedule 3;
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French Property means the premises and land used and/or owned by the French Subsidary;
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Examples of French Property in a sentence

  • Thus, with effect from April 2011, the husband’s intention was that after five years she would receive the French Property unencumbered together with €350,000 per annum (in part from him and in part from the B Ltd monies) which she would have available to cover all the property costs in France and Monaco (including – presumably – her rent in Monaco) and her personal lifestyle costs.

  • In addition to any such receipts, and from the diverted funds he was to receive as ‘his share’, he was offering to pay the “reasonable running costs” (otherwise undefined) of the French Property and Monaco together with her personal costs.

  • The husband offered to maintain the interest payments to the Bank in respect of the loan they had taken out to purchase the additional land next to the main property the French Property.

  • I accept that he hoped and expected to deliver on the terms of their agreement at the point of separation that he would ensure she had the French Property on a mortgage free basis at the end of the five years of respite which she offered him.

  • He expressed an intention to assist her with reducing the capital element of the debt (for example, by selling the additional plot at the French Property or one of the paintings which she had retained).

  • In terms of property, and having already gifted the French Property to her at the time of its purchase some five years earlier, the husband undertook to ensure it was legally transferred to her “debt free within five years”.

  • In the event of the husband’s death before the transfer of the French Property, the loan secured on the property (£2.5 million) was to be a first charge on the husband’s estate.

  • Whilst I am told that the artwork remained on the walls at the French Property throughout, the payment of £600,000 to SD in July 2011 from the Z Ltd sale proceeds restored to the wife the legal and beneficial ownership of those paintings.

  • As I have said, whilst the agreement and its internal terms were intended to cover both the arrangements for separation and any subsequent claims on divorce, it is accepted that the husband’s non-performance in relation to the French Property renders that agreement of no practical utility or effect in the context of these proceedings.

  • It was no doubt the husband’s hope (and probably his intention) that he would be able to reverse his financial fortunes during that period, pay off the mortgage on the French Property and deliver on his promise to sign it over to the wife unencumbered.


More Definitions of French Property

French Property has the meaning set forth in Section 5.6(a).
Sample 1
French Property means the property known as La Residence de Bois Fontaine 37 Avenue Lucier Rene Duchcene 781070 La Sell St Cloux xxx xxr the purpose xx Xxxxxe 6.7 only shall include any other real estate of the Operations located in France;
Sample 1

Related to French Property

  • 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.

  • 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.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • New property means (i) the assessed value, after final

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Scheme Property means the property of the Company required under the FCA Rules to be given for safe-keeping to the Depositary.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from Section 9 of the Act, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use ofthe property for the purpose of eco-tourism or for the trading in or hunting of game.

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

  • 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.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

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

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.