Partial Interest definition

Partial Interest means, with respect to any Person that is a direct or indirect non-Wholly-Owned Subsidiary or Consolidated Affiliate of (i) the Borrower or (ii) the REIT (other than the Borrower and its Subsidiaries), the Ownership Share of such Person that is held by a Person other than the REIT, the Borrower or a Wholly-Owned Subsidiary of the REIT or the Borrower.
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Partial Interest has the meaning given to it in Section 4.2.
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Partial Interest. The ownership interest (determined based on its right to receive cash flow and other distributions) of Land Company or Commercial Company, whether such interest is evidenced by a partnership interest or otherwise, in certain Persons which own office, retail, research/industrial and multifamily properties more particularly described in Schedule 1.4 hereto, together with such additional interests as may hereafter be approved as provided in Section 5.2. For the purposes of calculating the Borrowing Base or compliance with financial covenants, a Partial Interest shall sometimes be expressed as a percentage interest in the underlying Income Property as set forth in Schedule 1.2 hereto with respect to the Partial Interests existing as of the date of this Agreement or as established pursuant to Section 5.2(h) with respect to new Partial Interests.
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Examples of Partial Interest in a sentence

  • Partial Interest in PropertyGenerally, you can't deduct a contribution of less than your entire interest in property.

  • For de- tails, see Partial Interest in Property under Con- tributions of Property, later.

  • Partial Interest: Percentage being transferred: %The undersigned declares and acknowledges, under penalty of perjury, pursuant to NRS 375.060and NRS 375.110, that the information provided is correct to the best of their information and belief, and can be supported by documentation if called upon to substantiate the information provided herein.

  • Partial Interest in PropertyGenerally, you can't deduct a charitable contri- bution of less than your entire interest in prop- erty.Right to use property.

  • You haven't contributed an undivided part of your entireinterest and can't deduct your contribution.• A partial interest that would be deductible if transferred to certain types of trusts.• A qualified conservation contribution (de- fined later).For information about how to figure the value of a contribution of a partial interest in property, see Partial Interest in Property Not in Trust in Pub.

  • For information on the circumstances underThis method capitalizes the net income from the property at a rate that represents a fair return onLife or Terms ofYears, Remainders, andwhich a charitable deduction may be allowed forthe donation of a partial interest in property not in trust, see Partial Interest in Property Not inthe particular investment at the particular time, Reversions Trust, later.considering the risks involved.

  • For information about how to figure the value of a contribution of a partial interest in property, see Partial Interest in Property Not in Trust in Pub.

  • See Appendix D, Quitclaim Assignment of Partial Interest in Easement (Easement 7).

  • The right of entry provides Kaelus Pty, it’s customers, and regulatory agencies to determine and verify the quality, records, and material at any place, including the plant of the subcontractor.

  • A partial interest that would be deductible if transferred to certain types of trusts.‌A qualified conservation contribution (de­ fined later).For information about how to figure the value of a contribution of a partial interest in property, see Partial Interest in Property Not in Trust in Pub.


More Definitions of Partial Interest

Partial Interest. The ownership interest (determined based on its right to receive cash flow and other distributions) of Land Company or Commercial Company, whether such interest is evidenced by a partnership interest or otherwise, in certain Persons which own office, retail, research/industrial and multifamily rental properties more particularly, as of the date hereof, described in Schedule 1.4 hereto, together with such additional interests as may hereafter be added as provided in §7.17. For the purposes of calculating compliance with financial covenants, a Partial Interest shall sometimes be expressed as a percentage interest in the underlying Income Producing Property.
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Partial Interest. (a) A senior, pari passu or junior participation interest in a Commercial Real Estate Loan (including a Mezzanine Loan), (b) a pari passu interest in a REOC Debt, (c) a pari passu interest in a Preferred Equity Interest, and (d) a senior, pari passu or subordinate “note” or “certificate” (or a senior, pari passu or junior participation in any of the foregoing) in an “A/B” or similar structure evidencing any of the foregoing.
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Related to Partial Interest

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class C Additional Interest is defined in Section 4.1(c).

  • Material Interest means direct or indirect beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of voting securities or other voting interests representing at least ten percent (10%) of the outstanding voting power of a Person or equity securities or other equity interests representing at least ten percent (10%) of the outstanding equity securities or equity interests in a Person.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • Additional Interest shall have the meaning set forth in Section 2(e) hereof.

  • Fractional Interest As defined in Section 5.02(d).

  • Financial Interest means either:

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 1.11% Class B-2 0.71% Class B-3 0.45% Class B-4 0.25% Class B-5 0.10% Class B-6 0.00% Original Subordinate Class Certificate Balance: $11,614,127.00.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Liquidated Damages shall have the meaning set forth in Section 2(e) hereof.

  • Initial Interest Period shall have the meaning set forth in Section 2.3.1.

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.