NREC definition

NREC shall have the meaning assigned to such term in the preamble to this Agreement.
NREC. As defined in the Introductory Statement hereto.

Examples of NREC in a sentence

  • In addition, on October 13, 2015, NREC formed the One Court Square REMIC with respect to part of the One Court Square Loan Combination, which issued three pro rata and pari passu regular interests (the “One Court Square REMIC A-1 Regular Interest”, the “One Court Square REMIC A-2 Regular Interest” and the “One Court Square REMIC A-3 Regular Interest (each, a “One Court Square REMIC Regular Interest”, and collectively, the “One Court Square REMIC Regular Interests”).

  • NREC, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder.

  • The portion of the VRR Interest that NREC is so purchasing from CGMRC on the Closing Date, as such portion of the VRR Interest may be exchanged pursuant to Section 5.13, is referred to in this Agreement as the “VRR2 Interest”.

  • On the Closing Date, pursuant to the VRR Interest Purchase Agreement, CGMRC is purchasing $22,556,995 of the VRR Interest for cash from the Depositor, NREC is purchasing $5,575,671 of the VRR Interest for cash from CGMRC, and PCC is purchasing $4,827,664 of the VRR Interest for cash from CGMRC, with CGMRC to retain the remaining $12,153,660 of the VRR Interest.

  • NREC, as Initial Agent, shall promptly and diligently attempt to cause the Servicer to act as successor Agent, and, if the Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent.

  • On March 31, 2016, NREC rejected the claim for breach of representation or warranty and noted that a title insurance policy was obtained from Chicago Title Insurance Company, which insures the first lien status of the Loan.

  • By: Name: Title: NREC: NexPoint Real Estate Capital, LLC By: Name: Title: and Assignment of Interests Agreement] NRESF Sub: NRESF REIT Sub, LLC By: Name: Title: NexPoint Capital REIT: NexPoint Capital REIT, LLC By: Name: Title: NexPoint Capital: NexPoint Capital, Inc.

  • The Trust Loan was sold and assigned by NREC, Column and CMB (collectively, in such capacity, the “Loan Sellers”) to the Depositor pursuant to a loan purchase and sale agreement, dated as of the date hereof, by and between the Loan Sellers and the Depositor (the “Loan Purchase Agreement”).

  • Note A-1-S1 GS Bank $170,000,000 Note A-2-S1 GACC $127,500,000 Note A-3-S1 NREC $127,500,000 Note A-1-C1 GS Bank $20,000,000 Note A-1-C2 GS Bank $10,000,000 Note A-1-C3 GS Bank $10,000,000 Note A-2-C1 GACC $15,000,000 Note A-2-C2 GACC $15,000,000 Note A-3-C1 NREC $15,000,000 Note A-3-C2 NREC $15,000,000 “Note Component” shall have the meaning assigned to such term in the preamble to this Agreement.

  • The Trust Loan and the Companion Loans are subject to the terms and conditions of the Co-Lender Agreement, dated as of May 23, 2018, between NREC, as holder of Note A-1-A, Note X-0-X-0, Xxxx X-0-X-0, Note X-0-X-0, Xxxx X-0-X-0, Note A-2-A-5, Note A-2-A-6 and Note A-B-1; Column, as holder of Note X-0-X, Xxxx X-0-X-0, Xxxx X-0-X-0, Note A-2-B-3, Note A-2-B-4 and Note A-B-2; and CMB, as holder of Note A-1-C, Note A-2-C-1, Note A-2-C-2-A, Note A-2-C-2-B and Note A-B-3 (the “Co-Lender Agreement”).


More Definitions of NREC

NREC means the Nutrient Research and Education Council.
NREC or the “Lender”), pursuant to that certain Loan Agreement, dated as of November 29, 2017 (the “Loan Agreement”), by and between the Lender and One State Street, LLC (the “Borrower”). As of the Closing Date, the outstanding principal balance of the Whole Loan is $360,000,000.
NREC or the “Lender”), pursuant to that certain Loan Agreement, dated as of October 18, 2017 (the “Loan Agreement”), by and between the Lender and Starvue LLC, a Delaware limited liability company (the “Borrower”). As of the Closing Date, the outstanding principal balance of the Whole Loan is $208,450,000. The following table sets forth each of the notes that evidence the Whole Loan: Note Trust/Non-Trust Original Principal Balance Note A-1 Trust Note $10,000,000 Note A-2 Non-Trust Note $40,000,000 Note A-3 Non-Trust Note $44,000,000 Note B Trust Note $114,450,000
NREC means Natixis Real Estate Capital LLC, and its successors in interest.
NREC or the “Lender”), pursuant to that certain Loan Agreement, dated as of April 3, 2017 (the “Loan Agreement”), by and between the Lender and 75 Broad, LLC (the “Borrower”). As of the Closing Date, the outstanding principal balance of the Whole Loan is $230,000,000. The following table sets forth each of the notes that evidence the Whole Loan: Note Trust/Non-Trust Subordinate to(1) Original Principal Balance Note A-A-1 Trust Note None $59,000,000 Note A-A-2 Non-Trust Note None $33,000,000 Note A-B Trust Note Note A-A-1 and Note A-A-2 $84,000,000 Note B Non-Trust Note Note A-A-1, Note A-A-2 and Note A-B $54,000,000
NREC means the Nutrient Research and Education Council. "Official sample" means any sample of fertilizer taken by

Related to NREC

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • SOFR Adjustment means 0.10% (10 basis points).

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Governance Agreement has the meaning set forth in the Recitals.

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Acquisition Agreement as defined in the recitals hereto.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Exchange Agreements means the GSK Exchange Agreement, the Pfizer Exchange Agreement and the SLP Exchange Agreement;

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Purchase and Sale Agreement means that certain Purchase and Sale Agreement, dated as of the Closing Date, between the Transferor, as the seller, and the Borrower, as the purchaser, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon the consummation of a Delaware LLC Division.

  • Acquisition Price means the fair market value of the securities, cash or other property, or any combination thereof, receivable upon consummation of a Company Transaction in respect of a share of Common Stock.

  • Listing Agreement means an agreement that is to be entered into between a recognised stock exchange and the Company pursuant to Securities and Exchange Board (Listing Obligations and Disclosure Requirements), 2015

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Acquisition Documentation collectively, the Acquisition Agreement and all schedules, exhibits and annexes thereto and all side letters and agreements affecting the terms thereof or entered into in connection therewith.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Share Exchange Agreement has the meaning specified in the Recitals.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.