right of re-entry definition

right of re-entry means a right to forfeit the legal owner’s estate in the land;
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right of re-entry means the Town’s rights pursuant to Section 4.05 to re- enter the Property or the applicable portions thereof acquired by MTGA from the Town and to terminate MTGA’s (or its transferee’s, successor’s or assign’s) estate therein and pursuant to which fee title to the Property and all buildings and improvements thereon shall revert to the Town, without payment to MTGA (or any transferee, successor or assign) for the interests in the land, buildings or improvements so reverted.
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right of re-entry means a right to forfeit the legal owner’s estate 20
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Examples of right of re-entry in a sentence

  • Notwithstanding any other provisions of this Agreement to the contrary, in the event of a violation of the Special Limitation and the failure of MTGA to cure such violation within thirty (30) days after the receipt of written notice of the violation of the Special Limitation from the Town, the Right of Re-Entry shall be automatically triggered, and title to the affected portion of the Property shall revert to the Town, without any action by the Town or any further notice.

  • SUBJECT TO those matters appearing from a careful inspection of the land, all matters of record, and reserving to Grantor, Grantor’s Right of Re-Entry as provided herein.

  • Grantor need not give consideration to Grantee in order to exercise the Right of Re-Entry.

  • For the Landlord to commence legal proceedings to repossess the premises based on a breach of the Tenancy (where the Tenant had failed to remedy the breach in good time) which might result in the court evicting the Tenant or issuing a Court Order terminating the Tenancy earlier than might otherwise be lawful, the law requires that a Tenancy Agreement contains a Forfeiture clause, sometimes referred to as a Right of Re-Entry.

  • Upon Grantor’s exercise of the Right of Re-Entry as provided herein, Grantee will satisfy and otherwise remove all liens and encumbrances which then encumber the Property or may in the future encumber the Property as a result of the acts or omissions of Grantee.

  • The Right of Re-Entry will expire and terminate without further act or agreement by Grantor and Grantee on the date five (5) years from the date this instrument is recorded.

  • If Grantor so desires, it may commence a declaratory action, quiet title action, action for ejectment, or other proceeding in a court of competent jurisdiction in order to confirm its title to the Property after exercising its Right of Re-Entry in accordance with the terms hereof.

  • Grantor executes this Gift Deed with Right of Re-Entry effective the day of , 20 (the “Effective Date”).

  • The City further acknowledges and agrees that the City Property is hereby released from the Right of Re-Entry.

  • Grantor executes this Gift Deed with Right of Re-Entry as of the date above.


More Definitions of right of re-entry

right of re-entry means a right to forfeit the legal owner’s estate in the land; “strict settlement” has the meaning given to it by section 18(1)(a);
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right of re-entry means, subject to the terms and conditions of Article XXXI, the City’s rights pursuant to Section 30.4(B)(4), upon written notice by the City to the Redeveloper and all Mortgagees of its exercise of such right of re-entry, to terminate the Redeveloper’s (or its transferee’s) estate therein and to re-enter a Street Parcel acquired by the Redeveloper from the City, pursuant to which title to said Street Parcel shall revert to the City, upon payment to the Redeveloper of the Reversion Payment therefor.
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right of re-entry means the City’s rights pursuant to Section 12.2(b), to re-enter a Parcel upon written notice by the City to the Developer and all Mortgagees of its exercise of such right of re- entry and to terminate the Developer’s (or its transferee’s) estate therein and pursuant to which fee title to said Parcel and all Improvements thereon shall revert to the City, without payment to the Developer for the interests in the land or Improvements so reverted.
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right of re-entry means a right to forfeit the legal owner’s estate 35
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right of re-entry and “Survival of the Obligations of the Lessee”, unless otherwise notified by the Port Authority in writing, in the event the Lessee remains in possession of the premises after the expiration or termination of the term of the letting under this Agreement, as it may be extended from time to time, in addition to any damages to which the Port Authority may be entitled under this Agreement or other remedies the Port Authority may have by law or otherwise, the Lessee shall pay to the Port Authority a rental for the period commencing on the day immediately following the date of such expiration or the effective date of such termination and ending on the date that the Lessee shall surrender and completely vacate the premises at an annual rate equal to twice the annual rate of Annual Basic Rental in effect on the date of such expiration or termination, plus (ii) all items of Additional Rent and other periodic charges payable with respect to the premises by the Lessee at the annual rate in effect during the 365 day period immediately preceding such date. Nothing herein contained shall give, or be deemed to give, the Lessee any right to remain in possession of the premises after the expiration or termination of the letting under this Agreement. The Lessee acknowledges that the failure of the Lessee to surrender, vacate and yield up the premises to the Port Authority on the effective date of such expiration or termination will or may cause the Port Authority injury, damage or loss. The Lessee hereby assumes the risk of such injury, damage or loss and hereby agrees that it shall be responsible for the same and shall pay the Port Authority for the same whether such are foreseen or unforeseen, special, direct, consequential or otherwise and the Lessee hereby expressly agrees to indemnify and hold the Port Authority harmless against any such injury, damage or loss.
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right of re-entry set forth in a deed from the Housing and Redevelopment Authority in and for the City of Marshall, Minnesota (the “Grantor” or “HRA”) dated , 2022 and recorded in the office of the Lyon County Registrar of Titles / Lyon County Recorder on as Document No. (the “Deed”).
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Related to right of re-entry

  • Right of Reference means a “Right of Reference,” as that term is defined in 21 C.F.R. § 314.3(b) and any comparable right existing under the laws or regulations of any foreign country.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • right of access means the right to be admitted to invest in the territory of the other Contracting Party, subject to the limits resulting from international agreements binding on both Contracting Parties.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Public right-of-way means only the area of real property in which the City has a dedicated or acquired right-of-way interest in the real property. It shall include the area on, below or above the present and future streets, alleys, avenues, roads, highways, parkways or boulevards dedicated or acquired as right-of-way. The term does not include the airwaves above a right-of-way with regard to wireless telecommunications or other non-wire telecommunications or broadcast service, easements obtained by utilities or private easements in platted subdivisions or tracts.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • unit of Reference Property shall have the meaning specified in Section 14.07(a).

  • Right of Others means, as to any Property in which a Person has an interest, any legal or equitable right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien; provided, however, that (a) no covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person and (b) no provision contained in a contract creating a right of payment or performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others.

  • Delivery into consignees store or to his site means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • angle of repose means the steepest angle of a surface at which a mass of loose or fragmented material will remain stationary in a pile on the surface, rather than sliding or crumbling away;

  • Assignment of Rents means an instrument that transfers the beneficial interest under a deed of trust from one lender/entity to another.

  • Lot of record means any lot, the description of which is properly recorded with the Register of Deeds, which at the time of its recordation complied with all applicable laws, ordinances, and regulations.

  • Right Issue means an offer of shares open for a period fixed by the directors to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusions or other arrangements as the directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of any relevant jurisdiction or the requirements of any recognized regulatory body or any stock exchange).”

  • Initial Xxxx of Sale means the document, in the form of Attachment B hereto, executed by an authorized officer of SLM ECFC which shall (i) set forth the applicable Initial Loans offered by SLM ECFC and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, (ii) sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all rights, title and interest of SLM ECFC in the Initial Loans listed on that Xxxx of Sale and (iii) certify that the representations and warranties made by SLM ECFC as set forth in Sections 5 (A) and (B) of these Master Terms are true and correct.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.