Examples of Nominated Property in a sentence
Claim example 3 – loss or damage to Nominated Property– away from Your HomeYou insure a number of items as Nominated Property including a television with a sum insured of $1,500, a laptop with a sum insured of $3,000 and a microwave with a sum insured of $450.
The Administrative Agent shall have the right to accept or reject any Nominated Property.
You would pay Us $300 representing the$50 basic excess for each of the refrigerator, the television and microwave and $150 basic excess for the laptop.Claim example 2 – loss or damage to Nominated Property– replacementYou insure a number of items as Nominated Property including a television with a sum insured of $1,900.
Property, pl ant a nd equipment i s m easured at acquisition c ost net of ac cumulated depreciation a nd impairment.
Participants made some reference to the timing of making the first major transition.
On purchasing a Subscription, a Confirmation Certificate will be issued to the Subscriber which lists the Nominated Property.
Notwithstanding anything to the contrary contained herein, no property owned by any subsidiary of Borrower shall be counted as an Unencumbered Asset Pool Property unless such property is nominated as a Nominated Property pursuant to Section 4.1 and Section 4.2 and the subsidiary becomes a “Permitted Affiliate” hereunder by executing the Payment Guaranty and delivering the other documents described in Section 4.2(e) hereof.
Notwithstanding any thing to the contrary contained herein, no property owned by any subsidiary of Borrower of Guarantor shall be counted as an Unencumbered Asset Pool Property unless such property is nominated as a Nominated Property pursuant to Section 4.1 and Section 4.2 and the subsidiary becomes a "Permitted Affiliate" hereunder by executing the Payment Guaranty and delivering the other documents described in Section 4.2(e) hereof.
In addition, all actions shall have been taken consistent with clause (l) of the definition of “Borrowing Base Deliverables” in order to create a valid first and subsisting Lien on the property described in the Mortgage encumbering such Nominated Property.
Notwithstanding the foregoing, such Nominated Property shall no longer qualify as an Unencumbered Development Property on the date that is the earlier of (A) twelve months following the date that Completion of Construction on such Nominated Property has occurred, or (B) the first fiscal quarter in which such Nominated Property becomes an Unencumbered Stabilized Asset Property.