Examples of Situs State in a sentence
Upon the occurrence of an Event of Default, Landlord may exercise all rights and remedies under this Lease and the laws of the applicable Situs State that are available to a lessor of real and personal property in the event of a default by its lessee, and as to the Lease Collateral, all remedies granted under the laws of the applicable Situs State to a secured party under its Uniform Commercial Code.
Landlord and Tenant shall, promptly upon the request of either, enter into a short form memorandum of this Lease, in form suitable for recording under the laws of the applicable Situs State.
Conformity with State StatutesAny Policy wording that, on the Initial Effective Date, is in conflict with the statutes of the Situs State is hereby amended to conform with the minimum requirements of such statutes.
Notwithstanding the foregoing, however, no Tenant shall, by virtue of this Lease, have any rights to, or title or interest in, the Facility leased by another Tenant, or any right or obligation to operate the same, to the extent it does not have the Authorization necessary or required to do so from the Governmental Authority of the Situs State for such Facility.
No YesDrivers license # State of Issue LIS.ND1(a)PERSONAL INFORMATION POLICY OWNER – If a Trust, Corporation, Partnership, LLC or Other Entity Trust Situs/ State of Incorporation or Domicile Name of Signatory Title (Trustee, Corporate Officer, Partner, etc.) Name of Signatory Title (Trustee, Corporate Officer, Partner, etc.) B.
Either party owing the other party a sum of money based on adjustments made to prorations after the Closing Date shall promptly pay that sum to the other party, together with interest thereon at the rate of the lesser of (i) the maximum interest rate permitted by law in the Situs State or (ii) thirteen and one-half percent (13.5%) per annum, to the date of payment if payment is not made within ten (10) days after mutual agreement of the amount due.
This Article also includes an express provision that immovable property is, in the first instance, to be defined in accordance with domestic law.There is no extension giving the Situs State any right to tax income from movable property of a permanent establishment.
The Policy is issued in and governed by the laws of the Situs State.
For those offerings utilizing a HUD Property Report or Situs State Public Offering Statement in lieu of a New Jersey format offering statement.
This treatment also applies to income from real property of an enterprise and to income from real property used for the performance of independent personal services.Real property is defined on an inclusionary basis and otherwise as per the domestic law of the State in which the property is located.There is no extension giving the Situs State any right to tax income from movable property of a permanent establishment.