Eligibility Requirements definition

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 means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $200,000,000.00 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $60,000,000.00 and (ii) is regularly engaged in the business of making or owning commercial or multi-family real estate loans or operating commercial or multi-family mortgage properties.

Eligibility Requirements has the meaning given to such term in Section 2.03(b) hereof.

Examples of Eligibility Requirements in a sentence

A Dependent's coverage will take effect on the day that the Eligibility Requirements are met; the Employee is covered under the Plan; and all Enrollment Requirements are met.
Unless otherwise indicated in the BDS, bidders must meet the Eligibility Requirements in ANNEXII-1.1B of the SBDs. In addition, the BDS shall indicate any “qualifier” to the “similar work category” that must be met by the eligible bidder.
Otherwise, coverage will become effective as described under General Eligibility Requirements.
The main contractor/bidder, however, must meet all of the abovementioned Eligibility Requirements by itself, with or without any sub-contractor.
If this review results in an adverse finding related to integrity of performance, HUD reserves the right to take any of the remedies provided in the Pre-Selection Review of Performance section of the Eligibility Requirements for Applicants of HUD Financial Assistance Programs.

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 following qualifications or criteria required for

Eligibility Requirements means the eligibility requirements as set out in the Tender Particulars.

Eligibility Requirements means, with respect to any Person, the requirement that such Person has a net worth of not less than Three Hundred Million and No/100 Dollars ($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).