IR2 definition

IR2 means the large scale development to be constructed, developed and established on the Land by the Lessee in accordance with the terms and conditions of this Agreement with a comprehensive range of integrated and synergised amenities for recreation, entertainment and lifestyle uses to provide a total experience for visitors through creative programming, branding and marketing, which will include a hotel, the Key Attractions, and other amenities for visitors, but shall exclude any residential (including Serviced Apartments) or independent office use;
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IR2 means the Inflation Rate during the fee’s review year.
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IR2 means a Reference Obligation or Reference Entity that has been assigned an Internal Rating Classification of 55 or between 55 and 60.
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Examples of IR2 in a sentence

  • The Trustee acknowledges receipt of the REMIC I Regular Interests (which are uncertificated), the REMIC II Regular Interests (which are uncertificated) and the other assets of REMIC III and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC III Regular Interests and the Class I-R-2 Certificates.

  • The Trustee shall include in its Monthly Statement amounts allocated to the relevant Group II Certificates and Class I-R-2 Certificates and Class I-R-3 Certificates, taking into account the priorities described in the second preceding sentence.

  • Notwithstanding anything to the contrary herein, the Class I-R-2 Certificates and Class I-R-3 Certificates will not be retired until the later of (i) the retirement of all the Group II Certificates and (ii) the retirement of all the Group I Certificates (other than the Class I-R-2 Certificates and Class I-R-3 Certificates).

  • Related controls: AU-6, CM-6, CP-2, CP-4, IR-2, IR-3, IR-8, PE-6, SC-5, SC-7, SI-3, SI-4, SI-7.

  • The Trustee acknowledges receipt of the REMIC I Regular Interests (which are uncertificated), the REMIC II Regular Interests (which are uncertificated) and the other assets of REMIC III and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the Regular Certificates (other than the Class C Certificates), the Class C Interests and the Class I-R-2 Certificates.

  • The Holder of the Class I-R-1 Certificate is hereby designated as the “Tax Matters Person” (within the meaning of Treasury Regulation Section 1.860F-4(d)) for REMIC I, the Holder of the Class II-R-1 Certificate is hereby designated as the “Tax Matters Person” for REMIC II, and the Holder of the Class I-R-2 Certificate is hereby designated as the “Tax Matters Person” for REMIC III.

  • Interest shall be payable to the REMIC III Regular Interests at the Pass-Through Rates for each such REMIC III Regular Interest and Class I-R-2 Interest on each such REMIC III Regular Interest’s and Class I-R-2 Interest’s Uncertificated Principal Balances.

  • Notwithstanding anything to the contrary herein, the Class I-R-2 Certificates will not be retired until the later of (i) the retirement of all the Group II Certificates and (ii) the retirement of all the Group I Certificates (other than the Class I-R-2 Certificates).

  • IR-2 Indicators: Improved Quality of EmONC Services in Selected LGAs Indicator FY 07 (Targets) & Achiev.

  • The Sustainable Fisheries Management Advisor reports to the Program Manager for National Activities and will be a senior technical position and be responsible for major activity components under IR2.


More Definitions of IR2

IR2 means a Reference Obligation or Reference Entity that has been assigned an Internal Rating Classification of between 4.5 and 4.9.
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