Residential Assets definition

Residential Assets means the Real Estate Assets with respect to Residential Mortgage Loans.
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Residential Assets means Non-Income Producing Assets that consist primarily of single-family residential developments (but are not Land Assets, Condominium Assets or multi-family developments).
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Residential Assets means Single Family Homes, and SFH Interests.
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Examples of Residential Assets in a sentence

  • Anderson Senior Vice President of Residential Assets /s/ Brian J.

  • Anderson President Senior Vice President of Residential Assets /s/ Brian J.

  • As compensation for the investigation, selection, sourcing and acquisition or origination (by purchase, investment or exchange) of Residential Assets and other Permitted Investments, the Company shall pay the Advisor an Acquisition Fee for each such investment equal to 1.0% of the Cost of Residential Assets for any given transaction.

  • Subject to Section 2.1(b), Newcastle and New Residential agree to take all actions necessary so that, immediately prior to the Effective Time, (i) the New Residential Group will own, to the extent it does not already own, all of the New Residential Assets and none of the Newcastle Assets, and (ii) the New Residential Group will assume, to the extent it is not already liable for, all New Residential Liabilities.

  • Anderson Senior Vice President of Residential Assets /S/: Brian J.

  • Residential Assets The Company owns $934 million of residential assets (with a basis of $623 million), which includes manufactured housing (“MH”) loans, residential loans, subprime securities and FNMA/FHLMC securities.

  • As used herein, the term "Borrowing Base" shall mean the sum of (i) the Residential Assets Borrowing Base (as described in SECTION 3.5(c) below), (ii) the Commercial Assets Borrowing Base (as described in SECTION 3.5(d) below), and (iii) the Kunia and Xxxxx'x Pointe Borrowing Base (as described in SECTION 3.5(e) below).

  • As compensation for the services described in Section 3.03 the Company shall pay the Advisor an asset management fee equal to 0.25% quarterly (1% annually) on the most recent aggregate value of the Partnership’s Residential Assets and other Permitted Investments, as determined in accordance with the valuation guidelines approved by the POSOR Board of Directors (adjusted to reflect any subsequent purchases or sales of portfolio assets based on the purchase or sale 12 prices).


More Definitions of Residential Assets

Residential Assets means Single Family Rental Properties and Single Family Housing Interests.
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Related to Residential Assets

  • Residential property means improved property that:-

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Material Assets means with respect to any Person all material interests in any kind of material property or asset, whether real, personal or mixed, or tangible or intangible.

  • Personalty means all of the following:

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

  • Residential building means a building containing one or more residential dwellings.

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).