Fee Interest definition

Fee Interest means ownership of real property in fee simple absolute.

Fee Interest means an interest in land that is owned in unrestricted fee status and is, thus, freely alienable by the fee owner.

Fee Interest shall have the meaning assigned to such term in subsection (e) of the definition of Properties.

Examples of Fee Interest in a sentence

• That in case of default / delay in payment of License Fee interest @ 2 percent per month will be calculated on the outstanding amount for delay less than 15 days and at 3% per month for more than 15 days.

• If at any time the Local Government shall have paid, or shall have made provision for the timely payment of, the entire principal amount of the Loan, and as applicable, Loan Service Fee, interest, and Grant Allocation Assessment charges, the pledge of, and lien on, the Pledged Revenues to the Department shall be no longer in effect.

• Operating Costs means the ongoing expenses of the Partnership, including the Management Fee, interest payments, and operating and administrative costs.

• Fee interest shall include any fee interest as defined in subsection (O) and any group fee interest as defined in subsection (P).

• If at any time the Local Government shall have paid, or shall have made provision for the timely payment of, principal amount of the Loan, and as applicable, Loan Service Fee, interest, and Grant Allocation Assessment charges, the pledge of, and lien on, the Pledged Revenues to the Department shall be no longer in effect.

More Definitions of Fee Interest

Fee Interest. The following language shall apply if the Landlord's interest in the Demised Premises is a fee interest: The term "Landlord" as used in this Lease means only the owner for the time being or the Mortgagee in possession for the time being of the Demised Premises. In the event of any sale of the Demised Premises, or in the event the Demised Premises are leased to any person (subject to this Lease), said Landlord shall be and hereby is entirely freed and relieved of all of its covenants, obligations and liability hereunder. This subsection shall be applicable to each owner of the Demised Premises, from time to time, and shall not be limited to the first owner of the Demised Premises.

Fee Interest means any land and any Buildings, structures, improvements and fixtures owned in fee simple by a Borrower or Guarantor and equipment located thereon or used in connection therewith and all personality related thereto and all other real estate interests, owned beneficially by a Borrower or Guarantor.

Fee Interest means interests in land:

Fee Interest. For term loans for a Term of less than 30 days, administration fees shall be calculated at $375.00 for each $5,000.00 (or part thereof) advanced. For term loans for a Term of more than 30 days but less than 60 days, administration fees shall be calculated at $475.00 for each $5,000.00 (or part thereof) advanced. For term loans for a Term of more than 60 days but less than 90 days, administration fees shall be calculated at $575.00 for each $5,000.00 (or part thereof) advanced. For term loans for a Term of more than 90 days, administration fees shall be calculated at $675.00 for each $5,000.00 (or part thereof) advanced. Establishment Fee: Nil. Late Payment Fee: 2.25% of the outstanding Monies Owed per month or part thereof, calculated monthly.

Fee Interest means that certain fee above a plane located at 000 Xxxxx Xxxxxxxxx, Xxxxxxx, Xxxxxxxx, and more particularly described on Exhibit A hereto.

Fee Interest. As defined in Section 2.03(d).

Fee Interest means an interest in Hydrocarbons arising from ownership relating to a mineral fee interest.