Commercial Assets definition

Commercial Assets means the Real Estate Assets with respect to Commercial Mortgage Loans.
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Commercial Assets means parcels of land wholly-owned by any Loan Party which are zoned for the construction of commercial units and any commercial units which any Loan Party has constructed or is constructing thereon.
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Commercial Assets means those Assets obtained or held for the primary purpose of producing income or in anticipation of a future increase in value including, without limitation, investments in joint ventures and financial assets;
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Examples of Commercial Assets in a sentence

  • Mr. Considine serves as Chairman and director of Asset Investors Corporation ("Asset Investors") and Commercial Assets, Inc.

  • He is currently Co-Chairman of the Board, Co-Chief Executive Officer and a Director of Asset Investors and Commercial Assets.

  • Becker, as the Chief Financial Officer of Commercial Assets, Inc., a Delaware corporation, the Sole Member of CAX RANCHO MIRAGE, L.L.C., a Delaware limited liability company.

  • We consent to the filing of this opinion as an exhibit to the Registration Statement, and to the references to Skadden, Arps, Slate, Meagher & Flom LLP under the caption "Material Federal Income Tax Consequences of the Merger to Commercial Assets Stockholders" in the Registration Statement.

  • He is currently Co-Chairman of the Board, Co-Chief Executive Officer and a Director of Commercial Assets Inc.

  • The United States Federal income tax consequences of the Merger to a Commercial Assets stockholder will depend upon that stockholder's particular situation, and we express no opinion as to the completeness of the discussion set forth in "Material Federal Income Tax Consequences of the Merger to Commercial Assets Stockholders" as applied to any particular stockholder.

  • Adoption of the Second Amended and Restated Agreement and Plan of [ ] FOR [ ] AGAINST [ ] ABSTAIN Merger, dated as of June 2, 2000, by and between Asset Investors Corporation and Commercial Assets, Inc.

  • X Xxxxxxxxxx, FL 33759 FAX No. (813) 791-9200 With a copy to: Commercial Assets, Inc.

  • The Executive shall devote substantially all of his business time and energies to the business of FAMC, provided that he may engage in outside business activities and render services to other parties so long as such activities and/or services (i) do not conflict with the principal activity of the Company, FAMC, Asset Investors Corporation ("AIC") or Commercial Assets, Inc.

  • Commercial Assets The Company owns $2.8 billion of commercial assets (with a basis of $1.9 billion), which includes CMBS, mezzanine loans, B-Notes, whole loans and other investments.


More Definitions of Commercial Assets

Commercial Assets means the Commercial Loans and the SBA Loans.
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Related to Commercial Assets

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Initial Assets The Assets identified on Schedule I hereto.

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments. “Pledged Investment Property” excludes any Excluded Property.

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):

  • Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Special Assessment means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • General Intangibles is all “general intangibles” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind.

  • Loss of Government property means unintended, unforeseen or accidental loss, damage or destruction to Government property that reduces the Government’s expected economic benefits of the property. Loss of Government property does not include purposeful destructive testing, obsolescence, normal wear and tear or manufacturing defects. Loss of Government property includes, but is not limited to—

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Deposited Property means the Deposited Securities and any cash and other property held on deposit by the Depositary and the Custodian in respect of the ADSs under the terms of the Deposit Agreement, subject, in the case of cash, to the provisions of Section 4.8. All Deposited Property shall be held by the Custodian, the Depositary and their respective nominees for the benefit of the Holders and Beneficial Owners of the ADSs representing the Deposited Property. The Deposited Property is not intended to, and shall not, constitute proprietary assets of the Depositary, the Custodian or their nominees. Beneficial ownership in the Deposited Property is intended to be, and shall at all times during the term of the Deposit Agreement continue to be, vested in the Beneficial Owners of the ADSs representing the Deposited Property.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Negotiable Collateral means all of Borrower’s present and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing.

  • Documents of Title Has the meaning given that term in the UCC.

  • Document of title means a record that in the regular course of business or financing is treated as adequately evidencing that the person in possession or control of the record is entitled to receive, control, hold, and dispose of the record and the goods the record covers and that purports to be issued by or addressed to a bailee and to cover goods in the bailee's possession which are either identified or are fungible portions of an identified mass. The term includes a bill of lading, transport document, dock warrant, dock receipt, warehouse receipt, and order for delivery of goods. "Electronic document of title" means a document of title evidenced by a record consisting of information stored in an electronic medium. "Tangible document of title" means a document of title evidenced by a record consisting of information that is inscribed on a tangible medium.

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • Supporting Obligations means supporting obligations (as such term is defined in the Code), and includes letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Property.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Investment Related Property means (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

  • Government Property means all property owned or leased by the Government. Government property includes both Government-furnished and Contractor-acquired property. Government property includes material, equipment, special tooling, special test equipment, and real property. Government property does not include intellectual property and software.

  • Additional Assets means (i) any property or assets (other than Indebtedness and Capital Stock) in a Related Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary or (iii) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in a Related Business.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.