Exempted Property definition

Exempted Property means, as of any date of determination, each Pledged Property or portion thereof that is used for a “governmental purpose” as contemplated by Section 34181(a) of the Health and Safety Code of the State of California. A Pledged Property may consist of both Exempted Property and non-Exempted Property.
Exempted Property means Property which is exempted by subsection 14(6) of the MFMA from the other provisions of that section;
Exempted Property an apartment located at Xxxxxxxxx, Xx. 00 Xxxxxxxxx Path, Mid-Levels, Hong Kong with a gross floor area of approximately 8,018 square feet and flat roof and carparking spaces; “Exempted Tenancy Agreement” the tenancy agreement dated 29th November, 2017 entered into between Best Melody and Xx. Xxx Xxxx Xxx in respect of the lease of the Exempted Property for a term of two years from 19th November, 2017 to 18th November, 2019; “Existing Tenancy Agreement” the tenancy agreement dated 2nd December, 2015 entered into between Hillcrest and AGL in respect of the lease of the Property for a term of two years from 1st January, 2016 to 31st December, 2017;

Examples of Exempted Property in a sentence

  • Section C Requirements for Exempted Property Even if a particular division of land is not subject to the requirement of platting, aspects of the Development and sale of the land will be subject to the following: The applicable portions of the County’s current Regulations and Development permit procedures including but not limited to rules for driveway permits, OSSF, Floodplain hazard management, and 9-1-1 addressing.

  • They accordingly certified the Reserve as a full Exempted Property (Permit No 10059 and 25615, copies attached), and fully capable of keeping Free Roaming lion.

  • General Subdivision Requirements and Exceptions 22Section A Subdivision of Property 22Section B Exceptions to Plat Requirement 22Section C Requirements for Exempted Property 23Section D Loss of Exception 23Section E Political Subdivisions 23ARTICLE 4.

  • If for any reason the Exempted Property shall become or be considered an asset of the Agency, then the Agency shall dispose of the Exempted Property as expeditiously as possible and in a manner aimed at maximizing value in accordance with ABX1 26.

  • As provided in the School District Resolution, the School District approves the TIF Exemption for up to one hundred percent (100%) of the Increased Value to the Exempted Property for a period of up to twenty (20) years, commencing with the 2017 tax year and ending no later than the tax year ending December 31, 2035.

  • Resolution authorizing cancelation of 2019 Taxes for Exempted Property 9 Olsen Avenue in the amount of $20,811.56.

  • Exempted Property: Property which otherwise meets, but is exempted from the definition of accountable property.

  • Those restrictions or covenants shall provide that they are binding on the owner and any subsequent owners of the CRA Exempted Property, and shall further provide that they are enforceable by the School District as a third party beneficiary against the owner and any subsequent owner.

  • General Subdivision Requirements and Exceptions 23Section A Subdivision of Property 23Section B Exceptions to Plat Requirement 23Section C Requirements for Exempted Property 24Section D Loss of Exception 24Section E Political Subdivisions 24ARTICLE 4.

  • Dividends received on preference share investments classified as debt form part of the group’s lending activities and are included in interest income.Net fee and commission revenueFee and commission revenue, including transactional fees, account servicing fees, investment management fees, sales commissions and placement fees are recognised as the related services are performed.


More Definitions of Exempted Property

Exempted Property shall have the meaning assigned to such term in Section 8.07.
Exempted Property means Property that is Securities and Instruments Collateral, Stock Collateral or Notes Collateral (in each case, as defined in the Security Agreements).
Exempted Property in § 522(c) means only the property that is subject to the exemption. As determined by California law, [debtor]s’ exempted property consisted of the $100,000 homestead, and did not extend to any
Exempted Property. Each Exempt Aircraft, each Aircraft Asset whose value is not included in the Borrowing Base, and any other property of the Borrower or any of its Subsidiaries under the Loan Documents as to which no Lien in favor of the Collateral Agent need be perfected.
Exempted Property means any property of a class described under Section 7 of this Law;

Related to Exempted Property

  • Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • 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.