Acquired Property definition

Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

Acquired Property means (i) Underlying Collateral to which title is acquired by or on behalf of the Company or any Ownership Entity, any Failed Bank or the Receiver by foreclosure, by deed in lieu of foreclosure, by power of sale or by sale pursuant to the Uniform Commercial Code; (ii) the equity interests in the Ownership Entities and (iii) the assets held directly or indirectly by the Ownership Entities.

Acquired Property shall have the meaning set forth in Section 5.11(c)(i)(A) hereof.

Examples of Acquired Property in a sentence

• Notwithstanding anything to the contrary contained in the foregoing, with respect to Acquired Property consisting of REO Property on the date hereof, Debtor shall deliver (and/or shall cause the applicable Ownership Entity to deliver) to the Collateral Agent the REO Mortgages and other items required to be delivered pursuant to this Section 8.11 within thirty (30) days after the Closing Date.

• The purposes of the Ownership Entity shall be to hold the Acquired Property pending sale, to complete construction of such Acquired Property and to operate the Acquired Property as efficiently as possible in order to minimize financial loss to Debtor and Collateral Agent and to sell the Acquired Property as promptly as practicable in a way designed to minimize financial loss to Debtor and the Collateral Agent, in each case, in conformity with any applicable Business Plan.

• Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds and other applicable Transfer Documents, for the Initial Member’s approval, to convey the Receiver Acquired Property to the Company.

• In the event Debtor or any Affiliate thereof desires to bid to acquire the remaining Underlying Loans, other Collateral or Acquired Property, then the Collateral Agent shall be entitled to liquidate the remaining Underlying Loans, other Collateral and Acquired Property in its discretion.

• If the Initial Member was the purchaser at such foreclosure sale, the Initial Member shall convey to the Company the Deficiency Balance, if any, together with a special warranty deed to the Receiver Acquired Property purchased at such foreclosure sale.

More Definitions of Acquired Property

Acquired Property means, collectively, the Receiver Acquired Property and the Company Acquired Property.

Acquired Property as defined in the definition of Consolidated EBITDA.

Acquired Property means property that a condemnor purchases after May 11, 2009 from a condemnee under threat of condemnation.

Acquired Property. Property acquired by the Issuer by foreclosure, deed in lieu of foreclosure, or otherwise in respect of a defaulted Account.

Acquired Property means, collectively, Company Acquired Property and Receiver Acquired Property. For the avoidance of doubt, Company Acquired Property and Receiver Acquired Property each include: (a) all related rights, powers or Liens of any Ownership Entity in, to or under the Collateral Documents and or Asset Documents; (b) all rights of the Receiver, the Failed Bank, the Company or any Ownership Entity pursuant to any Contract for Deed or in or to the real property that is subject to any such Contract for Deed; (c) all rights of the Receiver, the Failed Bank, the Company or any Ownership Entity pursuant to any lease or in or to the related leased property; (d) all rights of the Receiver, the Failed Bank, the Company or any Ownership Entity under the Related Agreements (to the extent relating to such Company Acquired Property or Receiver Acquired Property and not otherwise relating to or included in a Loan); (e) all rights of the Receiver, the Failed Bank, the Company or any Ownership Entity to any Deficiency Balance or any Deficiency Judgment Claim with respect to such Deficiency Balance (in each case to the extent relating to such Company Acquired Property or Receiver Acquired Property and not otherwise relating to or included in a Loan); (f) all rights of the Receiver, the Failed Bank, the Company or any Ownership Entity to any Underlying Loan; (g) all rights of the Company or any Ownership Entity to any Seller Financed Loan or other loan documents; (h) all rights to causes of action, lawsuits, judgments, claims and demands of any nature available to or being pursued by or for the benefit of the Receiver, the Failed Bank, the Company or any Ownership Entity with respect to any of the foregoing or the ownership, use, function, value of or other rights pertaining to any of the foregoing, whether arising by way of counterclaim or otherwise, other than any claims retained by the Receiver pursuant to Section 2.7 of the Transfer Agreement; and (i) all guaranties, warranties, indemnities and similar rights in favor of the Receiver, the Failed Bank, the Company or any Ownership Entity with respect to any of the foregoing; provided, however, that, for purposes of any Transaction Document other than the Transfer Agreement, any such Receiver Acquired Property, and any of the foregoing rights, powers or Liens of (or in favor of) the Receiver or the Failed Bank, are to be included in (and considered part of) the Acquired Property only to the extent such Receiver Acquired Property,...

Acquired Property the meaning specified in Section 9.4.

Acquired Property means (i) each Lease Premises which is subject to an Acquired Lease and (ii) each Owned Real Property.