Nominee Property definition

Nominee Property means any property, lease, interest or other asset with respect to which any Person has or holds any right, title or interest as a Nominee.
Sample 1Sample 2Sample 3
Nominee Property means either of (i) that certain Bond Property located in Manchester, Hillsborough County, New Hampshire and commonly known as Wellington Hill Apartments, or (ii) that certain Additional Mortgaged Property located in Plainsboro, Middlesex County, New Jersey and commonly known as Ravens Crest Apartments, and "Nominee Properties" means every such Nominee Property, collectively.
Sample 1

Examples of Nominee Property in a sentence

  • Within 270 days of the acquisition of any Nominee Property by any Nominee (to the extent the aggregate expenditures for all then existing Nominee Property does not exceed $500,000), the Company shall cause such Nominee to assign and transfer to the Company, or such of its Subsidiaries, as the case may be, all of such Nominee's right, title and interest in and to such Nominee Property.

  • The Ravens Crest Nominee Agreement (a) is in full force and effect and constitutes the entire agreement of the parties thereto with respect to the Nominee Property commonly known as Ravens Crest Apartments, (b) has not been supplemented, amended or modified and (c) constitutes the legal, valid and binding obligation of Ravens Crest Nominee Corp.

  • With respect to each Nominee Property, (i) the respective Nominee Corp.

  • The Manchester Nominee Agreement is in full force and effect and constitutes the entire agreement of the parties thereto with respect to the Nominee Property commonly known as Wellington Hill Apartments, and has not been supplemented, amended or modified.

  • Any property set forth on Schedule 26.1 which is not defined as a Nominee Property is a Retained Property, and the Nominee Properties and the Retained Properties are collectively referred to herein as the “Development Sites”.

  • RM agrees that at the request of CRLP, it shall diligently and continuously pursue a subdivision of all of the Nominee Property to completion, which subdivision shall take into account the requirements of this Section 26, and shall keep CRLP advised as to the status of same.

  • Any property set forth on Schedule 26.1 which is not defined as a Nominee Property is a Retained Property, and the Nominee Properties and the Retained Properties are collectively referred to herein as the "Development Sites".

  • Within 270 days of the acquisition of any Nominee Property by any Nominee (to the extent the aggregate expenditures for all then existing Nominee Property exceeds $10,000,000), TransTexas and its Subsidiaries shall cause such Nominee to assign and transfer to TransTexas, or such of its Subsidiaries, as the case may be, all of such Nominee's right, title and interest in and to such Nominee Property.

  • The Manchester Nominee Agreement (a) is in full force and effect and constitutes the entire agreement of the parties thereto with respect to the Nominee Property commonly known as Wellington Hill Apartments, (b) has not been supplemented, amended or modified and (c) constitutes the legal, valid and binding obligation of Manchester Nominee Corp.

  • Within 270 days of the acquisition of any Nominee Property by any Nominee, the Company and its Subsidiaries shall cause such Nominee to assign and transfer to the Company or any such Subsidiary all of such Nominee's right, title and interest in and to such Nominee Property.

Related to Nominee Property

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

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

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

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • DOCPROPERTY DocID" \* MERGEFORMAT 22518942.2 238213-10001 5

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • 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;

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Private property means any dwelling and its curtilage which is being used by a natural person or natural persons for habitation and which is not open to the public and privately owned real property which is not open to the public. "Private property" shall not include:

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Release Property has the meaning set forth in Section 2.5.

  • movable property means property of every description except immovable property;

  • Specified Property means property for which an election has been made for a special elective benefit.