NREC definition

NREC shall have the meaning assigned to such term in the preamble to this Agreement.
Sample 1Sample 2Sample 3
NREC. As defined in the Introductory Statement hereto.
Sample 1Sample 2Sample 3

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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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
Sample 1
NREC means Natixis Real Estate Capital LLC, and its successors in interest.
Sample 1
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
Sample 1
NREC means the Nutrient Research and Education Council. "Official sample" means any sample of fertilizer taken by
Sample 1

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;

  • 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.

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

  • 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.

  • 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.