Funded Property definition

Funded Property means:
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Funded Property has the meaning specified in Section 1.02.
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Funded Property has the meaning specified in Section 102.
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Examples of Funded Property in a sentence

  • Property that does not constitute Funded Property, as defined in Section 1.05 of the Mortgage, may be released without substituting other Funded Property.

  • Notwithstanding the foregoing, nothing herein shall require the Trustee to, and the Trustee shall not unless otherwise permitted under the terms of this Indenture, subordinate the lien of this Indenture to any Purchase Money Lien or conservation easement which encumbers Funded Property.

  • Such property shall thereupon cease to be Funded Property under this Indenture but, as herein provided, may at any time thereafter again become Funded Property.

  • Once this funded property certificate is delivered to the Mortgage Trustee, the definition of Funded Property will mean any mortgaged property described in the funded property certificate.

  • Seller shall treat all customer property, which includes Commonwealth Funded Property, Commonwealth Property, Defence Property and Commonwealth Provided Property, as if it were Buyer’s property in accordance with the “Buyer’s Property” article of the General Provisions.


More Definitions of Funded Property

Funded Property means that portion of the Mortgaged Property which consists of:
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Funded Property means the project property that is described in the executed Clean Ohio RevitalizationBrownfield Fund Grant Agreement between the grantee and the Clean Ohio Council or Director.
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Funded Property means
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Funded Property. Means: (a) Land acquired by a Community Housing provider wholly or partly with Funding provided by the Housing Agency under a Community Housing Assistance Agreement; or (b) Land on which the Provider constructs housing or makes other improvements wholly or partly with Funding provided by the Housing Agency under a Community Housing Assistance Agreement. (c) Land on which the Provider makes improvements to existing housing wholly or partly with Funding provided by the Housing Agency under a Community Housing Assistance Agreement.
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Funded Property defined in Section 1.05 hereof 12 “Grand Gulf I” 12 “Grand Gulf I Costs” 12 “Independent” 12 “Independent Engineer’s Certificate” 12 “Investment Securities” 12 “the Lien hereof”, “the Lien of the Indenture” and “the Lien of this Indenture” 13 “Mortgage” or “Indenture” 13
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Funded Property means any real property owned, directly or indirectly by Borrower, the REIT or an Entity, and which is acquired through the use of proceeds of a Loan under this Agreement. Collectively, the term “Funded Properties” refers to all of the foregoing. Future Commitment as defined in Section 16.2.9.
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Funded Property means: (1) All property owned by the Company on September 30, 1945, and subject to the lien of this Indenture; (2) All property additions which shall have been made the basis of the authentication and delivery of Bonds under this Indenture; (3) All property additions substituted for property within the term funded property as defined in this Section to the extent that the same shall have been made the basis of the release of such funded property from the lien of this Indenture; Sec. 5 “funded property”: * or Section 2, 3 or 6 of Article Eleven. [Effective date established by Section 1 of Article Five of Fifteenth Supplemental Indenture.] Art. One Sec. 5
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