Primary Property definition

Primary Property means the primary residential property where a person has his or her permanent principal home to which he or she returns or intends to return and where he or she resides for at least nine (9) months in the Municipal Financial Year;
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Primary Property means the property on which the owner resides.
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Primary Property means the residential property on which the owner permanently resides for at least 9 (nine) months in the year.
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Examples of Primary Property in a sentence

  • The PROPERTY record contains information about the piece of property and about the Primary Property Owner (if known).

  • Primary Property Management requires all residents obtain Renter’s Insurance.

  • Combined single limits of Liability for Primary Bodily and Primary Property Damage of $2,000,000 per occurrence.

  • Primary Property (Including Equipment Breakdown) & Excess Property: The Port’s current insurance carrier for the Primary Property is Underwriters at Lloyds London (Lloyds) with a loss limit of $25,000,000.

  • Combined single limits of liability for Primary Bodily Injury and Primary Property Damage of $4,000,000 per occurrence.

  • To the Obligors’ Knowledge, no portion of any Primary Property is part of a tax lot that also includes any real property that is not Collateral unless (i) there exists an equitable and enforceable mechanism for the allocation of taxes thereon or (ii) such failure to have a separate tax lot could not reasonably be expected to have a Material Adverse Effect.

  • VPAS EllisonVPAS Ellison will provide a first look at the recommended Primary Property Tax Levy and Rate for 2022-23.

  • If this Sublease is not terminated in accordance with the foregoing provisions, Base Rent, but not Additional Rent, shall xxxxx between the date of destruction and the date of completion of the restoration of the Primary Property in proportion to the portion of the Sublease Space that is rendered untenantable by such damage or destruction.

  • The use of the Sublease Space shall at all times be in material compliance with (i) all covenants and restrictions of record affecting the Primary Property, including the Declaration for University Place recorded in Book 1628, Page 598, Durham County Registry and (ii) all statutes, ordinances, laws and rules of all governmental and regulatory bodies and agencies having authority with respect to the Primary Property.

  • Automobile Liability with the following limits: Primary Bodily Injury limits of $1,000,000 per occurrence and Primary Property Damage limits of $5,000,000 per occurrence or combined single limits of Primary Bodily and Primary Damage of $10,000,000 per occurrence.


More Definitions of Primary Property

Primary Property means the property at which the owner permanently resides
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Primary Property is defined as any property upon which a first security interest or lien position is required pursuant to the extension of credit by CHS under CHS’ credit policies and procedures. The term “secondary property” is defined as any other property in which a security interest or lien position is given by a Borrower to CHS with respect to a Participated Loan.
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Primary Property means the real property comprising 465,000 square foot warehousing and light industrial multi-use facility located at 110 L.E. Barry Road in Natchez, Mississippi.
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Primary Property shall have the meaning ascribed to such term in Section 8.1(n) hereof.
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Primary Property means the
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Primary Property means the residential property on which the owner permanently resides for at least nine months in the Municipal Financial yYear;
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Related to Primary Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Proprietary Property means any property, including, but not limited to, Intellectual Property Rights, records, forms, trade literature, newsletters, market reports, articles, computer software and any reproduced copies or negatives thereof, and any Proprietary Information or such other information reflected or contained therein, provided and furnished by the Company or otherwise obtained by the Partner during the relationship created by this Agreement.

  • 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.

  • Blighted property means property that meets any of the following criteria:

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Hotel Property means a Property on which there is located an operating hotel.

  • 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.

  • Stabilized Property means, any Property that is not a Development Property.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

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  • New property means (i) the assessed value, after final

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

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • 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;

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

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

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