Shared Ownership Arrangement definition

Shared Ownership Arrangement means an arrangement whereby a purchaser acquires from a housing association, local authority or other legal person a leasehold interest in a property which is specified in the sale and purchase agreement and the lease to be comprised of (i) a share for which the purchaser is required to pay a Premium on completion, and (ii) a separate share in respect of which the purchaser is required to pay a periodic rent over the term of the lease.
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Shared Ownership Arrangement means an arrangement whereby a purchaser acquires from a housing association, local authority or other person a leasehold legal interest in a property which is specified in the sale and purchase agreement and the lease to be comprised of —
Sample 1Sample 2

Related to Shared Ownership Arrangement

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Plan Support Agreement means that certain Plan Support Agreement, dated as of August 9, 2015 (as amended on September 11, 2015, October 27, 2015, and November 12, 2015, and as may be amended, supplemented, or otherwise modified from time to time in accordance therewith), by and among the Debtors, the Original Plan Sponsors, the TCEH Supporting First Lien Creditors, the TCEH First Lien Agent, the TCEH Supporting Second Lien Creditors, the TCEH Committee, and certain other Entities, including all exhibits and schedules attached thereto.

  • Tax Sharing Agreement means any existing agreement binding any Person or any of its Subsidiaries that provides for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of determining any Person’s Tax liability, other than agreements entered into in the ordinary course of business that do not have as a principal purpose addressing Tax matters.

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • CEC means the California Energy Commission or its successor agency.