Hypotheca definition

Hypotheca means the land, which is being mortgaged in favour of Primary banks as security.
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Hypotheca has the meaning set forth in the Preamble.
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Examples of Hypotheca in a sentence

  • Any Subsidiary that is a partnership or a limited liability company (other than Hypotheca Capital, LLC and New York Mortgage Funding, LLC, NYMT Residential Tax, LLC, NYMT Residential Tax 2013-RP1, LLC, NYMT Residential Tax 2013-RP2, LLC and NYMT Residential Tax 2013-RP3, LLC) has been properly classified either as a partnership or as an entity disregarded as separate from the Company for federal income tax purposes throughout the period from its formation through the date hereof.

  • For the avoidance of doubt, (x) the Stock Holdback Amount set forth in sub-clause (c) above shall only reduce the Closing Cash Consideration payable to ▇▇▇▇▇▇, and shall in no event have the effect of reducing the Closing Cash Consideration payable to either JMP or Hypotheca and (y) the Severance Holdback Amount set forth in sub-clause (d) above shall reduce the Closing Cash Consideration payable to all Sellers as set forth on Schedule 2.2.

  • This Agreement shall become effective upon the closing of the transactions contemplated by that certain Membership Interest Purchase Agreement by and among ▇▇▇▇▇▇ Family LLC, JMP Investment Holdings LLC and Hypotheca Capital, LLC, as Sellers, and the Company, as Buyer dated May 3, 2016 (the “Purchase Agreement”).

  • Any Subsidiary that is a partnership or a limited liability company (other than Hypotheca Capital, LLC and New York Mortgage Funding, LLC) has been properly classified either as a partnership or as an entity disregarded as separate from the Company for federal income tax purposes throughout the period from its formation through the date hereof.

Related to Hypotheca

  • Hypothec means the rights created by this Deed of Hypothec in your Property, in the Rent it produces, if any, and in the insurance associated with such Property and such Rent and the rights arising from any renewal, amendment or replacement of this Deed of Hypothec.

  • Encumbrance means any charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise of any other attribute of ownership.

  • Purchase Money Security Interest means Liens upon tangible personal property securing loans to any Loan Party or Subsidiary of a Loan Party or deferred payments by such Loan Party or Subsidiary for the purchase of such tangible personal property.

  • Pledge shall have the meaning assigned to such term in Section 14(c).

  • Security Interest means any mortgage, security interest, pledge, lien, charge, claim, option, right to acquire, voting or other restriction, right-of-way, covenant, condition, easement, encroachment, restriction on transfer, or other encumbrance of any nature whatsoever.