Occupancy Interest definition

Occupancy Interest means the interest of the deceased Tribal Member by virtue of an Assignment.
Sample 1Sample 2Sample 3
Occupancy Interest means an easement, lease, licence, permit or other authority to use or occupy land granted, given or issued under Laws of the State and Commonwealth.
Sample 1Sample 2
Occupancy Interest means an easement, lease, licence, permit or other authority to use or occupy land granted, given or issued under a Law;
Sample 1Sample 2

Examples of Occupancy Interest in a sentence

  • Upon purchase of an Occupancy Interest, each member may borrow against that interest pursuant to Bylaws Sections 10.2 and 6.2(L).

  • The purchase price for the Occupancy Interest shall be the Initial Acquisition Price (IAP) as defined in the Bylaws.

  • The number of the questions in the questionnaire was not small in order to get full information on the current health and safety practices but was easy to answer.

  • If the Surviving Spouse was not devised or designated through a Housing Designation Form an Occupancy Interest, the Assignment shall pass to the legal Eligible Tribal Member heir(s) of the deceased Tribal Member as determined by the Mashantucket Pequot Probate Court.29 M.P.T.L. ch.

  • In the event that the Surviving Spouse fails to cure the default and cannot or does not sell or transfer the Assignment as herein set forth or fails to vacate such Assignment within the time specified, then the Occupancy Interest, if any, will be terminated and he or she shall be subject to an eviction action in Tribal Court, which may be brought by the DOH.

  • The Transfer Value is not a guaranteed price for an Occupancy Interest, but a ceiling price that may be charged to a willing Eligible Buyer.

  • Whenever an Occupancy Interest is transferred, the value of the interest in the Private Dwelling, the Transfer Value, is equal to the Initial Consideration paid by the Member at the time of initial acquisition plus the net value of any Cooperative-approved Improvements (See Section 11.2), plus an amount no greater than 1% of the Initial Consideration paid, with such percent compounded per annum.

  • Consistent with the limited equity purpose of the cooperative in accordance with Section 2.1 of the Bylaws, the Transfer Value price of the Occupancy Interest shall be calculated in accordance with Section 4.6(1) of Bylaws: Transfer Value of Occupancy Interest for a Private Dwelling.

  • If the Surviving Spouse had an Occupancy Interest, the Assignment shall be sold at auction by the Tribal Court.

  • The Cooperative shall treat encumbered Occupancy Interests as it does any other Occupancy Interest so long as the Member borrowing against his or her interest is not in arrears to such an extent that a foreclosure would be imminent.

Related to Occupancy Interest

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • Vacant Land means the land parcels described on Schedule A attached hereto.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxx Xxxx Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxxxxx XX0 0XX;

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack, locker or bicycle stacker for the purpose of parking and securing bicycles, and:

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or 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.

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

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

  • Open space land means (a) any land area so designated by an

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.