Other Policies. The Partnership shall not: (i) issue senior securities, (ii) invest in the securities of other issuers for the purpose of exercising control, (iii) underwrite securities of other issuers, or (iv) offer securities in exchange for property. If the Partnership anticipates that it will become, through foreclosure or otherwise, the owner of property that is subject to a high degree of risk, including without limitation, property subject to hazardous or toxic cleanup, prolonged construction or other risk, the General Partners may, in their discretion, seek to transfer or sell the Mortgage Investment to an affiliated or unaffiliated entity with the expertise to manage the attendant risk. CERTAIN LEGAL ASPECTS OF MORTGAGE INVESTMENTS Each of the Partnership's Mortgage Investments (except the Formation Loan to Redwood Mortgage) will be secured by a deed of trust, the most commonly used real property security device in California. The following discusses certain legal aspects of the Mortgage Investments with respect to Federal and California law only. The deed of trust (also commonly referred to as a mortgage) creates a lien on the real property. The Parties to a deed of trust are: the debtor-trustor, a third-party grantee called the "trustee", and the lender-creditor called the "beneficiary." The trustor grants the property, irrevocably until the debt is paid, "in trust, with power of sale" to the trustee to secure payment of the obligation. The trustee has the authority granted by law, by the express provisions of the deed of trust and by the directions of the beneficiary. The Partnership will be a beneficiary under all deeds of trust securing Mortgage Investments.
Other Policies means Property and Casualty insurance policies that provide or have provided insurance coverage to TRW or one or more of its Subsidiaries or Affiliates as a result of the acquisition of the assets or shares of, or mergers or consolidations with, other Persons that had previously purchased such policies or that had succeeded to rights to obtain coverage from such policies prior to the time of the acquisition, merger or consolidation by or with TRW or one or more of its Subsidiaries or Affiliates (other than Company Policies).
Other Policies means Property and Casualty insurance policies with policy periods that begin and end before the Distribution Date and that provide insurance coverage to Parent or one or more of its Subsidiaries or Affiliates as a result of the acquisition of assets or shares of, or mergers or consolidations with, other Persons that had previously purchased such policies or that had succeeded to rights to obtain coverage from such policies prior to the time of the acquisition, merger or consolidation by or with Parent or one or more of its Subsidiaries or Affiliates.
Examples of Other Policies in a sentence
Other Policies and Laws: Technology resources shall not be used for any purpose contrary to any District policy, any school rules to which a student user is subject, or any applicable law.
Deconcentration and Other Policies that Govern Eligibility, Selection, and Admissions.
Y NStatement of Housing Needs and Strategy for Addressing Housing Needs Deconcentration and Other Policies that Govern Eligibility, Selection, and Admissions.
Y N Statement of Housing Needs and Strategy for Addressing Housing Needs.Deconcentration and Other Policies that Govern Eligibility, Selection, and Admissions.
Y NHousing Needs and Strategy for Addressing Housing Needs.Deconcentration and Other Policies that Govern Eligibility, Selection, and Admissions.Financial Resources.
More Definitions of Other Policies
Other Policies shall stipulate that the insurance company concerned may not suspend their covers for any reason, nor refuse to indemnify the LESSOR in case of loss on the ground that the LESSEE has not complied with the obligations of the insurance contract, without notifying the LESSOR at least one month in advance by registered letter, in which event the LESSOR, at its own discretion, shall be entitled to pay the premiums in the LESSEE's place.
Other Policies shall specify that all indemnities payable under the damage covers shall be paid directly to the LESSOR and shall necessarily provide for reciprocal waiver of recourse between the LESSOR and the LESSEE. Moreover, the LESSEE may or shall take out all complementary policies it considers useful or necessary. The LESSOR reserves the right to require subscription of all complementary policies which turn out to be necessary. Inspection or lack of inspection of said policies by the LESSOR or its insurance broker shall not entail any liability on its part for lack of insurance or inadequate insurance.
Other Policies has the meaning set forth in Section 3.13(a).
Other Policies mean Property and Casualty insurance policies that provide insurance coverage to TRW or one or more of its Subsidiaries or Affiliates as a result of the acquisition of the assets or shares of, or mergers or consolidations with, other Persons that had previously purchased such policies or that had succeeded to rights to obtain coverage from such policies prior to the time of the acquisition, merger or consolidation by or with TRW or one or more of its Subsidiaries or Affiliates. Other Policies shall include but not be limited to Property and Casualty insurance policies issued to Xxxxxx-Xxxxx Company, Fruehauf Corporation and Xxxxx Industries, Inc.
Other Policies is defined in Section 5.10(b).
Other Policies means Anti-Discrimination, Harassment and Bullying Policy, Board Charter, Conflicts of Interest Policy, Code of Ethics, Complaints Handling Policy, Equal Opportunity, Discrimination and Harassment Policy contained in section 8 of the RCPA Human Resources Manual, and such cognate policies as exist from time to time;