Eligibility Requirements definition

Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.
Eligibility Requirements means, with respect to any Person, that such Person has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary) and at least $600,000,000 in total assets (in name or under management), and is regularly engaged in the business of making or owning commercial real estate loans (or interests therein), mezzanine loans (or interests therein) or commercial loans (or interests therein) similar to the Mortgage Loan.
Eligibility Requirements has the meaning given to such term in Section 2.03(b) hereof.

Examples of Eligibility Requirements in a sentence

  • The Plan Text will set out the Benefits to be provided under the Plan (including the Core LTD Program or the Other LTD Benefits Program), the Eligibility Requirements, and such other terms as the Board deems necessary to include, provided that all such terms are consistent with the terms of this Agreement, the applicable Collective Agreement(s) and applicable law.


More Definitions of Eligibility Requirements

Eligibility Requirements means, with respect to any Person, that such Person (a) has total assets (in name or under management) in excess of $4,000,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $1,000,000,000, (b) is regularly engaged in the business of owning and operating commercial real estate properties, (c) is not currently, and its principals are not currently, subject to a Bankruptcy Action and for the immediately preceding 10 years, neither it nor any material subsidiary has been subject to a Bankruptcy Action, and (d) has not been, and its principals have not been, convicted and is not under current indictment for a felony or crime involving moral turpitude, has not been found by a court of competent jurisdiction to have violated federal or state securities laws, and is not an organized crime figure.
Eligibility Requirements means the eligibility requirements as set out in the Tender Particulars.
Eligibility Requirements means the following qualifications or criteria required for
Eligibility Requirements means, with respect to any Person, the requirement that such Person has a Net Assets of not less than $300,000,000.00 (exclusive of such Person’s direct or indirect interest in the Properties and Borrower).
Eligibility Requirements has the meaning set forth in Section 2.3(c) of the Indenture.
Eligibility Requirements means the eligibility requirements for each Tenderer (or members of a Consortium Tenderer), as set out in the Tender Particulars;
Eligibility Requirements means, with respect to any Person, that such Person (i)(A) has total assets (in name or under management and, in all cases, including uncalled capital commitments) in excess of $650,000,000 and (B) except with respect to a pension advisory firm or similar fiduciary, has capital/statutory surplus or shareholder’s equity (including uncalled capital commitments) of at least $250,000,000 or a market capitalization of at least $400,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans (or interests therein, including mezzanine loans with respect to commercial real estate) or owning or operating commercial real estate properties (or interests therein).