Real Property Interest definition

Real Property Interest. ’ means an ownership interest

Real Property Interest has the meaning assigned to such term in the definition of “Assets.”

Real Property Interest means ownership in the surface, subsurface or mineral rights of land.

Examples of Real Property Interest in a sentence

• Gain derived by a non-U.S resident from the disposition of a U.S Real Property Interest (USRPI) may be treated as income that is effectively connected with the conduct of a U.S trade of business and thus subject to U.S federal income tax (and to a requirement to file a U.S. income tax return) under the Foreign Investment in Real Property Tax Act (FIRPTA).

• The Parties hereby represent to the Escrow Agent that (i) there is no sale or transfer of an United States Real Property Interest as defined under IRC Section 897(c) in the underlying transaction giving rise to this Agreement; and (ii) such underlying transaction does not constitute an installment sale requiring tax reporting or withholding of imputed interest or original issue discount to the IRS or other taxing authority.

• The Parties hereby represent and warrant to the Escrow Agent that (i) there is no sale or transfer of an United States Real Property Interest as defined under IRC Section 897(c) in the underlying transaction giving rise to this Agreement; and (ii) such underlying transaction does not constitute an installment sale requiring any tax reporting or withholding of imputed interest or original issue discount to the IRS or other taxing authority.

• Landmark shall exercise commercially reasonable efforts to deliver to OpCo a 2006 ALTA standard owner’s policy of title insurance (or the equivalent if such form is not available with respect to any particular jurisdiction) from Fidelity National Title Insurance Company (or another nationally recognized insurance company) for each Real Property Interest in an Asset that insures OpCo’s interest in and thereto, subject, in each case, to the pre-printed exceptions to such policy and the Permitted Liens.

• At or prior to the Closing, the Company, if requested by Parent, shall deliver to the IRS a notice that Company Common Stock is not a "U.S. Real Property Interest" as defined and in accordance with the requirements of Treasury Regulation Section 1.897-2(h)(2).

More Definitions of Real Property Interest

Real Property Interest means any fee owned land, Mining Concession or leasehold, easement, right of way, license, concession or other real property right.

Real Property Interest means an interest in real property arising from the combination of a physical relationship to the property that confers a degree of physical control over the property and the intent to exercise such control to the exclusion of others. Neither the right to use nor the right to enter and leave property is sufficient to create a Real Property Interest.

Real Property Interest means, at any particular time of determination, any interest (whether fee, leasehold or otherwise) in real property owned at such time by any Credit Party.

Real Property Interest means ownership in the surface,

Real Property Interest means any present or future legal equitable interest in or to real property, including the option to purchase or a contractual interest in the purchase or sale of real property, and any beneficial interest therein, including the interest of any beneficiary in a trust which holds any legal or equitable interest in real property, but shall not include any interest which is limited to any or all of the following: the dominant estate in any easement or right of way; the right to enforce any restriction; any estate at will or at sufferance, and any estate for years having a term of less than thirty years; the reversionary right, condition, or right of entry for condition broken; the interest of a mortgagee or other secured party in any mortgage or security agreement; the interest of a stockholder in a corporation, or a partner in a partnership, unless it constitutes a transfer of a majority interest in such entity, changes the majority interest holder of such entity, or any real property interest

Real Property Interest means the right, title and interest of the Owner Trustee acquired pursuant to the Deed and the Assignment of Beneficial Interest Reasonable Basis for a position shall exist if tax counsel may properly advise reporting such position on a tax return in accordance with Formal Opinion 85-352 issued by the standing Committee on Ethics and Professional Responsibility of the American Bar Association Registration Statement shall mean the registration statements on Form S-3 (File Nos. 33-2031 and 33-8650) , as amended, and any other similar registration statement, including all exhibits and all documents incorporated in any such registration statement by reference, filed with the SEC under the Securities Act in connection with the offer, issue and sale of the Series B Bonds. -38-

Real Property Interest means, with respect to each Loan secured in whole or in part by a Mortgage, the real property described in such Mortgage, including all easements, rights, appurtenances, tenements, rents, royalties, mineral, oil and gas rights and profits, water, water rights and water stock appurtenant to such property described in such Mortgage.