MREC definition
Examples of MREC in a sentence
If this deposit is held by the Management Company, it will be held in an Escrow account as required by MREC guidelines and at the Management Company’s discretion, may be held in an interest bearing account, all accrued interest shall be property of the Management Company.
Owner acknowledges that any interest amounts received by Agent on any lease income, security or other deposits, or any other amounts held in the Escrow Accounts shall be retained by Agent or as directed by MREC.
According to it, the MREC has a 'reasonable period of time' (i.e., 8 weeks) to come to a decision on the proposed study, but if that is not enough that they can extend it with another 'reasonable period of time'.
Agent will be acting as the Seller’s or Landlord’s Limited Agent as prescribed by the Missouri Real Estate Commission (MREC).
A société à responsabilité limitée (SARL) organized under the laws of Luxembourg, a Société Civile Immobilière (SCI) organized under the laws of France, a mutual real estate company (MREC) organized under the laws of Finland, or, subject to the prior written consent of Agent (which may be withheld in Agent’s sole discretion), any other business entity organized under the laws of any jurisdiction.
All amounts collected shall be deposited in the Agent’s Escrow accounts and registered with the Missouri Real Estate Commission (MREC).
All research proposals need to be submitted for approval to a MREC.
ADDITIONALLY, EACH GUARANTOR THAT IS AN APPROVED FOREIGN ENTITY ACKNOWLEDGES AND AGREES THAT IT SUBJECT OT THE PERSONAL JURISDICTION IN THE STATE OF NEW YORK EVEN THOUGH SUCH GUARANTOR IS A SOCIÉTÉ À RESPONSABILITÉ LIMITÉE (SARL) ORGANIZED UNDER THE LAWS OF LUXEMBOURG, A SOCIÉTÉ CIVILE IMMOBILIÈRE (SCI) ORGANIZED UNDER THE LAWS OF FRANCE, A MUTUAL REAL ESTATE COMPANY (MREC) ORGANIZED UNDER THE LAWS OF FINLAND OR OTHER TYPE OF NON-U.S. BUSINESS ENTITY PERMITTED UNDER THE CREDIT AGREEMENT, AS APPLICABLE.
A MREC consists of at least: a doctor, a methodologist, a legal expert, an ethicist and a person representing a person participating in a study.
The option hereby granted will expire _____ days after the date hereof and may be exercised, in whole or in part at one time, only for the purpose of covering over-allotments that may be made in connection with the offering and distribution of the Firm Shares.