Examples of Separate Interest in a sentence

The Separate Interest Trust shall not be an asset of the Trust Fund or any REMIC established hereby.
If title to a Separate Interest is held by a legal entity that is not a natural person, the governing authority of that legal entity shall have the power to appoint a natural person to be a Member for the purpose of candidacy or serving on the Board.
In the event more than one ballot is cast for a particular Separate Interest, only the first ballot received will be opened and counted.
The Corridor Residual Owner will own the residual interest in the Separate Interest Trust.
Persons holding a fee simple interest in a Separate Interest merely as security for the performance of an obligation are not eligible to either be a candidate for or to serve on the Board.

More Definitions of Separate Interest

Separate Interest has the same meaning as in section 4185 of the Civil

Separate Interest means a Home and the Space on which the Home is located (Civil Code Section 4184(a)(4)).

Separate Interest means an individual Unit.

Separate Interest means a separate interest as defined in California Civil Code Section 41851351(l), as amended or renumbered.

Separate Interest. The amount of interest not paid to the holders of Series A Bonds on February 20, 2013; the amount of interest not paid to the holders of Series B Bonds on February 20, 2013; the amount of interest not paid to the holders of Series C Bonds on March 1, 2013; the amount of interest not paid to the holders of Series F Bonds on April 1, 2013;

Separate Interest means a Condominium Unit or a residential Lot. In the Residence Club each Lot, rather than each “ownership interest” as defined in the Residence Club governing documents, shall be a Separate Interest for purposes of voting rights and the obligation to pay Assessments.

Separate Interest means a Lot as defined in the Association’s CC&Rs.