Taken into Possession definition

Taken into Possession means that we or a Receiver has taken control of your Property from you. If you are in occupation you have to leave the Property, and if you do not leave, you will be considered to be occupying the Property wrongly, as a trespasser. Your rights, which might include receiving income produced from the Property such as rent paid by tenants (in the event that the Property is already let) are also taken over. If the Property is Taken into Possession this does not necessarily mean that we actually occupy it. We can also appoint a Receiver to take over these responsibilities.
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Taken into Possession means that the Society has taken possession of some or all of the Security Assets. Your rights, which might include receiving income produced by the Property such as rent paid by tenants, are also taken over. We can also appoint a Receiver to take over these rights.
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Taken into Possession means that the Society or a Receiver has taken over your Property. Your rights, which might include receiving income produced by the Property such as rent paid by tenants, are also taken over. If the Property is Taken into Possession this does not necessarily mean that we actually occupy it.
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Examples of Taken into Possession in a sentence

  • If we do purchase indemnity insurance this in no way affects your liability and promise to repay all monies owed to us in full, despite any claim that might be made by the Society on the insurance company, if the Property is Taken into Possession and sold by us for less than the amount you owe.

  • If we do so, that does not necessarily mean that we have Taken into Possession the Property.

  • The appointment of a Receiver does not mean that the Property has been Taken into Possession unless you are specifically notified by the Receiver or us that the property has been Taken into Possession.

  • The appointment of a Receiver does not mean that the Property has been Taken into Possession unless you are specifically notified by the Receiver or us that the Property has been Taken into Possession.

  • If the Property is Taken into Possession this does not necessarily mean that we actually occupy it.

  • It will not mean that the Property has been Taken into Possession unless you are specifically notified by the Receiver or us that that is the case.

  • If we do so, that does not necessarily mean that the Property has been Taken into Possession by us.

  • If an error cannot be readily substantiated, the request will be referred to an Ad Hoc Hearing Committee appointed by the VicePresident for Student Affairs.

  • Taken into Possession means that the Society or a Receiver has taken over your Property.

  • If we do so, that does not necessarily mean that we have Taken into Possession the Property.Except in an emergency, we will give you reasonable notice if we intend to enter the Property.

Related to Taken into Possession

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or property.

  • On the premises where stored with respect to heating oil means UST systems located on the same property where the stored heating oil is used.

  • Debtors in Possession means the Debtors in their capacity as debtors in possession in the Chapter 11 Cases pursuant to sections 1101, 1107(a), and 1108 of the Bankruptcy Code.

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Remote Premises means all Qwest Premises, other than Qwest Wire Centers or adjacent to Qwest Wire Centers. Such Remote Premises include controlled environmental vaults, controlled environmental huts, cabinets, pedestals and other Remote Terminals.

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Child-occupied facility means a building or portion of a building constructed prior to 1978, visited regularly by the same child, age six years or younger on at least two different days within any week (Sunday through Saturday period), provided that each day’s visit lasts at least three hours and the combined weekly visit lasts at least six hours, and the combined annual visits last at least 60 hours. Child-occupied facilities may include, but are not limited to, day-care centers, preschools and kindergarten classrooms.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Possession means having a weapon on the student’s body or in an area under the student’s control. “Weapon” means any:

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Prior Occupancy means Owner’s use of all or parts of the Project before Substantial Completion, as more fully set forth in Section 6.08 A.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Ready for Occupancy means the date upon which (i) the Leased Premises are available for Tenant's occupancy in a broom clean condition and (ii) the improvements, if any, to be made to the Leased Premises by Landlord as a condition to Tenant's obligation to accept possession of the Leased Premises have been substantially completed and the appropriate governmental building department (i.e., the City building department, if the Property is located within a City, or otherwise the County building department) shall have approved the construction of such improvements as substantially complete or is willing to so approve the construction of the improvements as substantially complete subject only to compliance with specified conditions which are the responsibility of Tenant to satisfy or is willing to allow Tenant to occupy subject to its receiving assurances that specified work will be completed.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack or locker for the purpose of parking and securing bicycles, and:

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Permitted Occupier means if used in the Agreement, any person who is licensed or permitted by the Landlord to reside at the Property together with the Tenant and who does so as a rent free licensee of the Tenant.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • The Project Site, where applicable, means the place or places named in the SCC.