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;
IR2 means a Reference Obligation or Reference Entity that has been assigned an Internal Rating Classification of 55 or between 55 and 60.
IR2 means a Reference Obligation or Reference Entity that has been assigned an Internal Rating Classification of between 4.5 and 4.9.

Examples of IR2 in a sentence

  • 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).

  • 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).

  • On the Startup Day, the REMIC III Regular Interests will be designated "regular interests" in such REMIC, and the Class I-R-2 Certificates will be designated the sole class of "residual interests" in such REMIC.

  • The corpus of the ES Trust shall consist of the REMIC III Regular Interests and the Class I-R-2 Interest and all proceeds thereof.

  • No later than 120 days after J&S Audio Visual DR’s fiscal year-end, Seller should deliver to Buyer corresponding Dominican Republic annual corporate tax return (IR-2 form), including its annexes and tax payment receipts.

  • Group I Certificates: Any of the Class I-S, Class I-E, Class I-R-1, Class I-R-2, Class I-RX and Class I-X Certificates.

  • The provisions of the Planning Parameters shall be incorporated herein and shall form an integral part of this Agreement save that if there is any conflict between the provisions of this Agreement and the Planning Parameters in relation to the planning, design, infrastructure and technical requirements of the construction and development of the IR2, the provisions of the Planning Parameters shall prevail.

  • Dated: May 29, 2002 JPMORGAN CHASE BANK, as Custodian BY: ________________________ AUTHORIZED OFFICER THIS IS ONE OF THE CLASS I-R2 CERTIFICATES REFERRED TO IN THE WITHIN-MENTIONED TRUST AGREEMENT.

  • Form of Certificates Being Purchased by the Underwriter: Book-Entry except for the Class I-R-1, Class I-R-2 and Class II-R Certificates which will be in certificated, fully registered form.


More Definitions of IR2

IR2 means the Inflation Rate during the fee’s review year.

Related to IR2

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