Property Substitution definition

Property Substitution has the meaning provided in Section 2.14.
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Property Substitution. As defined in Section 34.1.
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Property Substitution has the meaning specified in Section 2.19(a).
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Examples of Property Substitution in a sentence

  • Crime-used Property Substitution Declarations, which are available when the actual property used in the crime is not available for seizure, e.g., when it is no longer in the suspect’s possession.

  • Flexible RJ pipe systems are required when site/project needs have the following characteristics:• The water main is to be located in an area of liquefiable soils.• The area is defined to have soils with a poor bearing capacity.• The area is on a steep slope.

  • Borrowers shall identify the new Timeshare Interest to constitute a new Pledged Interval for such Property Substitution, which Timeshare Interest shall be approved by Lender in its sole discretion.

  • The hearing is structured for the receipt of oral or written comments by interested persons.

  • As soon as practicable after the Property Substitution Date, Lessee shall reimburse Lessor and its Affiliates for all documented, out‑of‑pocket expenses incurred by Lessor and its Affiliates thereof in connection with such Property Substitution.

  • Table B: Distribution of Real Estate Property – by shares of estate] Beneficiary NumberBeneficiary’s Full NameDate of BirthRelation (to you)Share of Dubai Property (%)Substitution Distribution Or [10.

  • If such Property Substitution does not occur on such date (as same may have been extended), without duplication of amounts to be paid pursuant to clause (xxvi) above, Borrower shall pay to Lender all reasonable out-of-pocket expenses actually incurred by Lender in connection therewith (including to the extent such Property Substitution does not occur).

  • Project Modifications d) Property Substitution for Land Acquisitions Prior to Closing A grantee may request substitution of one or more properties under an approved multi- property, land acquisition project by submitting the Open Space Land Acquisition Substitution Request form when all of the following requirements are met: (1) The GOCO Board resolution funding the project indicated substitutions may be considered.

  • After giving effect to any Property Substitution, Borrowers must be in compliance with the Borrowing Base.

  • In addition to the releases pursuant to Sections 2.3 and 3.14 above and as otherwise provided in this Agreement, and subject to the compliance with the Borrowing Base, Borrower may notify Lender that it has determined, in its sole discretion, that, it wishes to substitute (a "Property Substitution") one or more Timeshare Interests for a Pledged Interval currently included in the Collateral (the "Substituted Property").


More Definitions of Property Substitution

Property Substitution has the meaning set forth in Section 2.3(a).
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Property Substitution has the meaning set forth in Section 2.6(4)(a).
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Property Substitution shall have the meaning ascribed to such term in Section 13.2.
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Property Substitution. As defined in Article XXVIII.
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Property Substitution set forth herein. Any violation of this provision shall constitute a default under the terms of this instrument. Notwithstanding the foregoing, a default will not occur if Grantor mergers with, or is consolidated with, another entity provided the successor to Grantor shall have entered into and agreed to be bound by all of Grantor's obligations under the Loan Documents and the Environmental Indemnity Agreement of even date herewith.
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Related to Property Substitution

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

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.