Land Trusts definition

Land Trusts shall have the meaning set forth in the recitals.
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Land Trusts has the meaning set forth in the Loan Documents. -----------
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Land Trusts means the following land trusts established under the trust agreements indicated, in each case with the Land Trustee as trustee and with the respective beneficiaries indicated, which hold legal title to the respective Parcels of the Real Property indicated: (i) Trust established by Trust Agreement dated May 27, 1981 and known as Trust No. 104000 under which Merchandise Mart Owners, L.L.C. is the sole beneficiary, which holds legal title to the Mart Property; (ii) Trust established by Trust Agreement dated March 1, 1967, as extended, and known as Trust No. 36223, under which World Trade Center Chicago, L.L.C. is the sole beneficiary, which holds legal title to the Apparel Property; and (iii) Trust established by Trust Agreement dated August 21, 1986 and known as Trust No. 111475, under which Merchandise Mart Owners, L.L.C. is the sole beneficiary, which holds legal title to the River West South Property.
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Examples of Land Trusts in a sentence

  • By this arrangement, the body corporate called the Shire of Cocos (Keeling) Islands became the Trustee for both Land Trusts.

  • It shall also include a fee for organizational expenses involved with the Land Trust's meeting its responsibilities to oversee that the terms of the lease are met.

  • All leases for consideration in this agenda are for leases of Trust Land and therefore listed in a separate part of this meeting dealing with Land Trusts matters.

  • Any agreement in respect to an area of land that is entered into by a Land Trust that has been dissolved shall have the same force and effect, with effect from the date of dissolution of the Land Trust, as the agreement would have had if it had been entered into by the Land Trust that, after the dissolution of the first-mentioned Land Trust held the land or by each of the Land Trusts that, after the dissolution of the first-mentioned Land Trust, held part of the land, to which the agreement related.

  • Any agreement in respect to an area of land that is entered into by a Land Trust that has been dissolved shall have the same force and effect, with effect from the date of dissolution of the Land Trust, as the agreement would have had if it had been entered into by the Land Trust that, after the dissolution of the first‑mentioned Land Trust held the land or by each of the Land Trusts that, after the dissolution of the first‑mentioned Land Trust, held part of the land, to which the agreement related.

  • Approaching local landowners with a view to identifying and purchasing such sites.This initiative will facilitate the establishment of Land Trusts and designation of rural exception sites.

  • Establishing a Community Land Trust to develop our own affordable housing schemes on rural exception sites.Establishment of Land Trusts is an effective way of delivering affordable housing for local people on rural exception sites.

  • EXCEPTION: Land Trusts will be eligible to participate in HDGF and transfer property with in-force ground leases providing the following conditions are met: (1) OHFA legal staff reviews all closing documents homebuyers may be required to sign.

  • Village characteristics would have been erased, no infrastructure had been considered and Community Land Trusts would have been deleted.

  • Alese Bagdol, Property Taxes and Community Land Trusts: A Middle Ground, 91 TEX.


More Definitions of Land Trusts

Land Trusts collectively those certain Irrevocable Trust Agreements previously established by CR Los Cabos, CR Cancun, CR Puerto Vallarta, Xxxxx Xxxx Promotora and others to hold the use rights and the remainder interests in each of the Time-Share Projects.
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Land Trusts. Each of the entities described as "Land Trusts" on Schedule 1 attached hereto, if any. Leases: All leases and tenancies in the Real Property identified and described in Exhibit F. Legal Requirements: All laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments and governmental authorities having jurisdiction of the Property (including, for purposes hereof, any local Board of Fire Underwriters), and the operation thereof.
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Land Trusts means each of (a) LaSalle National Bank, as Trustee ----------- under that certain land trust agreement dated December 9, 1986 known as Trust No. 1118000, (b) the Virginia Beach Courtyard by Marriott Limited Partnership Land Trust, (c) the Richmond Courtyard by Marriott Limited Land Trust, (d) the Xxxxxxx-Xxxxxx Courtyard by Marriott Limited Partnership Land Trust, (e) the Hampton Beach Courtyard by Marriott Limited Partnership Land Trust and (f) the Courtyard by Marriott Limited Partnership Land Trust.
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Related to Land Trusts

  • Community land trust means a community housing development organization whose (i) corporate

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

  • Trusts shall have the meaning set forth in Section 3.02.

  • Land means the land described in Exhibit A.

  • land owner s association" means an organisation established by owners of a group of properties to collectively regulate their conduct and share the costs of maintaining and improving shared infrastructure and services, including a home owner’s association;

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • South West Land Division means the South West Land Division as defined by Section 28 of the Land Act 1933-1971 excluding the area contained within the Metropolitan Area.

  • Land application means the spraying or spreading of sewage sludge onto the land surface, the injection of sewage sludge below the land surface, or the incorporation of sewage sludge into the soil for the purposes of conditioning the soil or fertilizing crops or vegetation grown in the soil.

  • Plan Trust means the trust governed by the Plan.

  • state trust land means land owned by the state-

  • Lands means the purchase of real property or interest in real property.

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • Trust Land ’ means an interest in land the title to which is held in trust by the United States for an Indian or Indian tribe, or by an Indian or Indian tribe subject to a re- striction by the United States against alien- ation;

  • Land Bank means the Land and Agricultural Development Bank of South Africa, an entity established in terms of the Land Bank Act;

  • Estates means the estates of the Debtors created by section 541 of the Bankruptcy Code upon the commencement of the Chapter 11 Cases.

  • land reform beneficiary , in relation to a property, means a person who -

  • Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.

  • Railroad means that term as defined under section 109 of the railroad code of 1993, 1993 PA 354, MCL 462.109.

  • Land Registry means the Land Registry of England and Wales.

  • Indenture Estate shall have the meaning specified in the Granting Clause of the Lease Indenture.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Landholder means a party that directly or indirectly owns or leases 22 nonexempt land, as provided in 43 CFR 426.2;

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • General Special Servicer mean the Person performing the duties and obligations of special servicer with respect to the Mortgage Pool (exclusive of (A) any Serviced Loan Combination or related REO Property as to which a different Loan Combination Special Servicer has been appointed with respect thereto and (B) any Excluded Special Servicer Mortgage Loan or any related REO Property as to which an Excluded Mortgage Loan Special Servicer has been appointed with respect thereto).

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Trust Indenture Estate means all estate, right, title and interest of the Indenture Trustee in and to the properties referred to in the Granting Clause of the Trust Indenture, excluding Excluded Payments.