New Owner definition

New Owner means, collectively, the HDFC and the Company.

New Owner means, collectively, the HDFC and the Partnership.

New Owner means a person who is an owner after the transfer but was not an owner before it.

Examples of New Owner in a sentence

• Once contract has been transferred to new ownership, the person listed as the New Owner of the Covered Product assumes all responsibility to uphold the conditions of this Agreement.

• Approve, pursuant to Section 125 of the PHFL, the termination of the Prior Exemption, which termination shall become effective one day preceding the conveyance of the Exemption Area from the Current Owner to the New Owner.

• HPD shall deliver written notice of any such determination to the New Owner and all mortgagees of record,and, where there has been an unauthorized conveyance or transfer of any interest in the Exemption Area, to the new owner of such interest in the Exemption Area, which notice shall provide for an opportunity to cure of not less than sixty (60) days.

• Notwithstanding the foregoing, the total annual real property tax payment by the New Owner shall not at any time exceed the lesser of either (a) the amount of real property taxes that would otherwise be due in the absence of any form of exemption from or abatement of real property taxation provided by an existing or future local, state, or federal law, rule, or regulation, or (b) seventeen percent (17%) of the contract rents in the applicable tax year.

• Nothing herein shall entitle the HDFC, the New Owner, or any other person or entity to a refund of any real property taxes which accrued and were paid with respect to the Exemption Area prior to the Effective Date.

More Definitions of New Owner

New Owner means any Person (other than a member of the Xxxxxx Family), or any syndicate or group of Persons (exclusive of all members of the Xxxxxx Family) which would be deemed a Person or group (within the meaning of the Securities Exchange Act of 1934 and the rules of the Securities and Exchange Commission thereunder as in effect on the date hereof), who directly or indirectly acquires shares in the Borrower.

New Owner. , in relation to a vehicle, means a person who, according to the notice received by the Director General, has become a new owner of the vehicle and, if there is more than one such person, each or any of them.

New Owner means the HDFC and the LLC or any future owner of the Exemption Area.

New Owner means: • any person(s) to whom the freehold interest in Your Property is transferred; OR • the holder(s) of a Long-Term Leasehold Interest in Your Property where that is interest is issued after the date of this Contract.

New Owner means an individual who is a trustee (other than a trustee in bankruptcy), beneficiary, successor in interest, or security interest holder who becomes an owner of, or obtains an ownership interest in a gambling enterprise as a result of a qualifying event.

New Owner shall have the meaning assigned it in Section 2.10(c).

New Owner means a person who is legally competent to enter into a binding contract and who is adopting a dog or cat from a releasing agency.