Property Portfolio definition
Examples of Property Portfolio in a sentence
Such release shall be in a form appropriate in each jurisdiction in which the PR Property Portfolio is located and shall contain standard provisions, if any, protecting the rights of Lender.
Such election must be made by Residential not later than the termination of the Seller Property Portfolio Financing.
At all times before and during the refinancing, Residential will use its best efforts to assist Altisource in becoming approved by the refinancing lender to become the exclusive property manager of the Seller Property Portfolio.
Notwithstanding the preceding sentence, during or at the end of the term of the Seller Property Portfolio Financing, if Residential is able to refinance the Seller Property Portfolio at a materially better interest rate only by and if Residential agrees to retain a property manager other than Altisource as a condition of the materially better interest rate, then the waiver provided by this Section 4.1 may be extended at the election of Residential on a one-time basis, on the same terms as set forth herein.
GKK Stars shall be permitted to apply any and all Excess Cash Flow generated by any Delayed Transfer Property Portfolio towards the payment of operating expenses, approved capital expenses and regularly scheduled payments of first mortgage debt (including amounts to be reserved in accordance with applicable cash management mechanisms) of any other Delayed Transfer Property Portfolio and GKK Transaction Expenses in excess of the Guarantor Allocation.