Funded Property definition

Funded Property means:

Funded Property has the meaning specified in Section 1.02.

Funded Property has the meaning specified in Section 102.

Examples of Funded Property in a sentence

• THE WHITNEY OAKS COMMUNITY ASSOCIATION BOARD OF DIRECTORS AND COMMITTEE MEMBERS are committed to aninclusive environment and is an equal opportunity employer.

• To the extent that only a portion of any Funded Property is to be released under this Section 8.03, the Company shall be entitled to make an allocation of the Funded Property Basis between that portion of the Funded Property being released and that portion of the Funded Property remaining subject to the lien of this Indenture on any reasonable basis as may be determined by the Company.

• Any Property Additions which have become the basis for the release of Funded Property pursuant to this Section shall constitute Funded Property.

• Notwithstanding the foregoing, nothing herein shall require the Trustee to, and the Trustee shall not unless otherwise permitted under the terms of this Indenture, subordinate the lien of this Indenture to any Purchase Money Lien or conservation easement which encumbers Funded Property.

• Anything in this Indenture to the contrary notwithstanding, if property to be released constitutes Funded Property in part only, the Company shall obtain the release of the part of such property which constitutes Funded Property under this Section and obtain the release of the part of such property which constitutes Unfunded Property under Section 8.04; provided, that the foregoing shall not preclude the release of such property under any other applicable Section of this Article VIII.

More Definitions of Funded Property

Funded Property means that portion of the Mortgaged Property which consists of:

Funded Property means: (1) All property owned by Indianapolis Power & Light Company on April 30, 1940 (other than property of the character described in clauses (1) to (4) inclusive of the proviso in the granting clauses hereof which expressly excepts certain property from the lien and operation of this Indenture); (2) All property additions to the extent that the same shall have been made the basis of the authentication and delivery of bonds under this Indenture; (3) All property additions to the extent that the same shall have been made the basis of the release from the lien of this Indenture of funded property; (4) All property to the extent that the same shall have been substituted for or shall have replaced funded property, as defined in this Section, in the exercise by the Company of any right to apply the proceeds of insurance on, or of the disposal of, such funded property to the acquisition or construction of such substituted or replaced property without depositing such proceeds with the Trustee hereunder or with the trustee or other holder of a prior lien as hereinafter defined; (5) All property additions to the extent that the same shall have been made the basis of the withdrawal of any funded cash, as hereinafter defined in this Section, held by the Trustee hereunder or by the trustee or other holder of a prior lien as hereinafter defined; (6) All property additions to the extent that the same shall have been made the basis of a credit under the provisions of subdivision (c) of Section 41 hereof; (7) All property which may hereafter be acquired by the Company from any corporation of which the Company on May 1, 1940 owned more than fifty per centum (50%) of its outstanding stock. If any funded property shall be released from the lien hereof as hereinafter in Article XIII provided, the property so released shall thereupon cease to be funded property but may at any time thereafter again become funded property.

Funded Property means the project property that is described in the executed Clean Ohio Revitalization Fund Grant Agreement between the grantee and the Clean Ohio Council.

Funded Property. Means: (a) Land acquired by a Community Housing provider wholly or partly with Funding provided by the Housing Agency under a Community Housing Assistance Agreement; or (b) Land on which the Provider constructs housing or makes other improvements wholly or partly with Funding provided by the Housing Agency under a Community Housing Assistance Agreement.

Funded Property defined in Section 1.05 hereof 12 “Grand Gulf I” 12 “Grand Gulf I Costs” 12 “Independent” 13 “Independent Engineer’s Certificate” 13 “Investment Securities” 13 “the Lien hereof”, “the Lien of the Indenture” and “the Lien of this Indenture” 13 “Mortgage” or “Indenture” 13

Funded Property generally means Mortgaged Property which has been used as the basis for the issuance of first mortgage bonds or as the basis for the release or substitution of Mortgaged Property under the Mortgage Indenture.

Funded Property defined in Section 1.05 hereof 9 “independent” 9 “Independent Engineer’s Certificate” 9 “Investment Securities” 9 “Lien hereof” and “Lien of this Indenture” 10