Eligible Property Types means a multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing property, or property made up of any combination of the foregoing, in each case that (i) has a minimum value of $10 million as determined on the basis of (x) the applicable appraisal delivered by Seller and (y) any escrows, reserves or holdbacks related to such property, in each case by the Purchaser in its sole and absolute discretion on a case by case basis and (ii) is not undergoing, and is not scheduled to undergo, any ground-up construction or major renovation or major expansion and is free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by the Purchaser under this Agreement.
Eligible Property Types means multi-family, office, retail and warehouse/industrial properties that:
Eligible Property Types means office, retail, industrial, hospitality, multi-family or properties made up of any combination of the foregoing. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by the Purchaser under this Agreement.
Examples of Eligible Property Types in a sentence
Eligible Property Types Single-unit principal residence designated as the borrower’s homestead under Texas law.
Eligible Property Types ▪ 1-4 units attached/detached owner-occupied properties.
Approaches to Creating Homebuyer Units 42 Development Approaches 42 Direct Homebuyer Subsidy Approach 43 Financing and Developing Homebuyer Housing 46 Eligible Property Types 49 Property Standards.
New construction buildings that are unoccupied Eligible Property Types: A structure owned or leased by You, used for residential occupancy (“Residence”) or commercial occupancy (“Business”) that is titled as real property, and the land it is located on is also owned or leased by You (“Property”).
Eligible Property Types ▪ SFR / Detached Planned Unit Development (PUD).
More Definitions of Eligible Property Types
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage, manufactured housing and senior housing (i.e. 100% age restricted independent living) properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as of the related Purchase Date as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; and (ii) are not undergoing, and are not scheduled to undergo, any ground-up construction and, based upon third party reports as of the Purchase Date, are free of material structural or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its reasonable discretion with respect to any new Eligible Assets proposed to be purchased by Purchaser under this Agreement.
Eligible Property Types means office, retail, industrial, hospitality, multi-family or properties made up of any combination of the foregoing.
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; (ii) are not undergoing, and not be scheduled to undergo, any ground up construction or major expansion; and (iii) are free of material structural and/or environmental defects.
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage, student housing, senior housing and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as determined by Purchaser in its sole and absolute discretion on a case-by-case basis and (ii) are free of material structural or environmental defects, with the scope of any renovation and/or expansion occurring at the property being acceptable to Purchaser in its sole discretion. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its commercially reasonable discretion with respect to any new Eligible Assets proposed to be purchased by the Purchaser under this Agreement. For the avoidance of doubt, any such revisions to the Eligible Property Type criteria shall be provided by Purchaser to Seller in writing and shall not be retroactively applied to any Purchased Assets.
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage, logistics warehouses and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) are not undergoing, and not be scheduled to undergo, any ground-up construction; and (ii) are free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by the applicable Purchaser in its sole and absolute discretion (with Most Senior Class Consent) with respect to any new Eligible Assets proposed to be purchased by such Purchaser pursuant to this Agreement prior to the Purchase Date of such Eligible Asset.
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) in the case of a Fixed Rate Asset, are fully stabilized; (ii) have a minimum value of $5 million as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; (iii) are not undergoing and are not scheduled to undergo, any ground-up construction or major expansion and (iv) are free of material structural or environmental defects.
Eligible Property Types means an office that (i) has a minimum value of $10 million as determined on the basis of (x) the applicable appraisal delivered by Seller and (y) any escrows, reserves or holdbacks related to such property, in each case by Purchaser in its sole and absolute discretion on a case by case basis and (ii) is not undergoing, and is not scheduled to undergo, any ground-up construction or major renovation or major expansion and is free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by Purchaser under this Agreement.