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

• 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.

• 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.

• 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.

• 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.

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 the meaning specified in Section 9.4.

Acquired Property means those certain premises described on Exhibit A attached hereto and incorporated herein for all purposes by reference.

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