Property Holding Company definition

Property Holding Company means a body corporate:
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Property Holding Company means, in relation to a Property Company, any Group Company holding shares or participations (as applicable) in such Property Company.
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Property Holding Company means Care Properties AS, a company existing under the laws of Norway with registration number 999 595 146, and being a directly wholly owned Subsidiary of the Issuer which is a holding company that does not trade, carry on any business or own any material assets, except for (a) providing administrative services to other Property Companies of a type customarily provided by a holding company, (b) owning shares in one or more Property Companies, (c) owning cash and cash equivalents, and (d) granting Permitted Financial Support to other Group Companies.
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Examples of Property Holding Company in a sentence

  • A USRPI includes an interest in a US Real Property Holding Company (USRPHC) which generally is defined as a US company whose assets, measured by fair market value, consist of 50% or more of USRPIs at any time during a five-year period.

  • Neither Seller nor its members is a foreign person within the meaning of Sections 897 or 1445 of the Code, nor is Seller a U.S. Real Property Holding Company within the meaning of Section 897 of the Code.

  • Russo; Opelousas Land Holding Company, LLC; Park Place Healthcare, LLC; Plaquemine Plaza Holdings LLC; Property Holding Company of Crescent City, LLC; Raceland Manor Nursing Home, Inc.; River Palms Nursing & Rehab, LLC; St. Elizabeth’s Caring, LLC; and Uptown Healthcare Center, LLC.

  • A USRPI includes an interest in a US Real Property Holding Company (USRPHC) which generally is defined as a US company whose assets, measured by fair market value, consist of 50% or more of USRPIs at any time during a five- year period.

  • The foregoing notwithstanding, in no event shall any Subsidiary that is a Real Property Holding Company be required to execute and deliver a Guarantor Joinder, or otherwise guaranty or grant collateral security in respect of the Obligations.

  • The Sponsor shall cause the Company not to enter into any transaction that would result in the Company being categorized as a U.S. Real Property Holding Company (“USRPHC”) under Section 897 of the Internal Revenue Code of 1986, as amended.

  • Those fees, which are payable in cash, are calculated each month and the relevant Property Holding Company will, on the recommendation of HSAM, arrange for payment of the fees within 14 days after its receipt of the Property Manager’s invoice.

  • Naples Property Holding Company, LLC, a Delaware limited liability company (“NPHC”) holds a unilateral option to purchase the Property from Naples Golf Beach Club, Inc., a Florida corporation.

  • Law Firm, counsel for Movants Muslim American Society of Minnesota, Minnesota Education Trust, MAS-Minnesota Property Holding Company, Blaine Property Holding Company, and Minnesota Education Trust.

  • Seller is not a foreign person within the meaning of Sections 897 or 1445 of the Code, nor is Seller a U.S. Real Property Holding Company within the meaning of Section 897 of the Code.


More Definitions of Property Holding Company

Property Holding Company means GG Amager Strandvej Holding ApS, a private limited liability company incorporated under the laws of Denmark with Reg. No.38398830.
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Property Holding Company means a body corporate which is established for the sole purpose of property holding and investment in the property in question.
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Property Holding Company means, in respect of any Mortgage Loan Borrower, the Person directly owning the Equity Interests of such Mortgage Loan Borrower.
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Property Holding Company or "PHC" means the company that owns the Property
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Related to Property Holding Company

  • Public utility holding company means: (1) any company that,

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Leasing company means that term as defined in 49 USC 14504a.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Bidding Company shall refer to such single company that has made a Response to RFP for the Project;

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.