Land Notes definition

Land Notes means the non-interest bearing promissory notes issued by the Land Vehicle in consideration for the Land Assets.
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Land Notes means any note executed by a Borrower Subsidiary to the order of the Borrower in an amount equal to: (a) for parcels owned in fee simple by the Borrower, fifteen percent (15%) of the actual hard costs of the Permitted Construction Project as shown on the Permitted Project Budget as amended from time to time, (b) for parcels affected by a Purchase Option (other than as set forth in subpart (c) hereof), four percent (4%) of actual hard costs of the Permitted Construction Project as shown on the Permitted Project Budget as amended from time to time, and (c) as to the Proposed Construction Project by Heavenly Resort, being the Grand Summit at Lake Tahoe, a mandatory distribution obligation in the amount of $2,500,000.00 subject to the verification by the Agent of the Permitted Construction Budget for this Proposed Construction Project. All Land Notes must be subordinated on terms reasonably acceptable to the Permitted Construction Lender and the Agent.
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Land Notes shall have the meaning set forth in Section 2.2 of the Credit Agreement.
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Examples of Land Notes in a sentence

  • The Corporation will contribute an amount equal to the aggregate principal amount of the Land Notes, 50% to the Main Pension Plans and 50% to the OPEB Entities (the “ Land Contribution”).

  • Requirement on Minimum Tax Payment by Firms on Industrial Land, RMB/m2 Figure 3: Supplementary Evidence on Tax Income of Land Notes: Panel (a) plots the total VAT paid by firms in each province divided by the stock of industrial land in that province in 2011.

  • Foundation Elkhart Land Notes Payable.In fiscal year 2012-13, the South Bend region entered into a financing agreement to purchase 43 acres of land in Elkhart .

  • Each of the Main Pension Plans and the OPEB Entities will purchase a Land Note from the Corporation with a principal amount equal to the amount of the Land Contribution made to the respective Main Pension Plan and OPEB Entity, with the aggregate purchase price for the Land Notes equal to the aggregate principal amount of the Land Notes.

  • Assets = Liabilities + Stockholders’ Equity Cash +Prepaid Insurance + Land =Notes PayableUnearned+ RevenueCapital+ StockRetained+ EarningsBal.

  • The composition of fixed assets is as follows: 2011 2010 ItemsAnnual rate of depreciation CostAccumulated depreciation Net value Net value In service Land Notes to the Financial Statements December 31st, 2011 and 2010(Amounts expressed in thousands of reais) 10.

  • No more than twice yearly contract.Triangle of Land (Notes by our Deputy Clerk) sent via email 15/10Triangle:-More plants appear to have been removed.-The 'mulch' has been placed on top of a membrane with no soil in between.

  • Paul Greenough, 1987, "Hunter's Drowned Land: Notes toward an Intellectual History of the Sunderbans," Paper prepared for the Smithsonian/ ACLS/SSRC Sundarbans Conference, Washington, D.C. November 20-21.

  • Calculate the Cost to Purchase the 100-Acre Forest-Brush Property for Public Use100100-Acre Forest Brush Property$15,000Average Cost per Acre-Fee Simple Purchase*$1,500,000Purchase Price of the Land Notes & Sources:Based on recent “Peoples Bank” appraisal (June 2009) for lands available for development within Fairview Township.

  • Additional, country-specific information is needed.314 Nonproduced assetsPurchases of land and intangible assets [C6.] minus sales of land and intangible assets [A15.]3141 Land Note(s): Cannot be compiled from GFSM 1986 due to lack of detail.

Related to Land Notes

  • Notes shall have the meaning assigned to such term in the recitals.

  • Mortgage Notes means, collectively, the promissory notes aggregating $310,000,000 principal amount issued pursuant to the Mortgage Note Agreements, dated December 12, 1991 and executed by the Operating Partnership, together with and any loan agreement and security documents executed in connection therewith, any and all instruments given in renewal, extension, modification, or rearrangement of or in substitution or replacement for any one or more of the foregoing described promissory notes and other documents, whether given to the original purchaser thereof (or its designee) or any other Person and other documents.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Indenture Notes means the Notes.

  • Trust Notes As defined in the Introductory Statement.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Public Notes means the Notes that have been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction. As of the Closing Date, the Public Notes include the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes, other than any Notes held by the Depositor (or any other entity whose separate existence from the Trust is disregarded for federal income tax purposes).

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Equipment Notes means, at any time, the Series A Equipment Notes, the Series B Equipment Notes and the Series C Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

  • Asset Backed Notes (the “Class C Notes”), “Class D 2.09% Asset Backed Notes” (the “Class D Notes”) and “Class E 2.64% Asset Backed Notes” (the “Class E Notes”) (the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the Cutoff Date, security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement dated as of January 16, 2013 between AmeriCredit Financial Services, Inc. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise provided in the Trust Agreement and notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Servicer on behalf of the Owner Trustee of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency maintained for the purpose by the Owner Trustee in the Corporate Trust Office. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon shall have been executed by an authorized officer of the Owner Trustee, by manual signature, this Certificate shall not entitle the holder hereof to any benefit under the Trust Agreement or the Sale and Servicing Agreement or be valid for any purpose. THIS CERTIFICATE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Fundserv Notes means Notes purchased through Fundserv.

  • Municipal Securities means municipal securities as described under the heading “Portfolio Contents” in the prospectus or other offering document for a Series of RVMTP Shares.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Separate Notes has the meaning set forth in the Pledge Agreement.