Other Real Estate definition

Other Real Estate means all interests in real estate (other than Bank Premises and Fixtures), including but not limited to mineral rights, leasehold rights, condominium and cooperative interests, air rights and development rights that are owned by the Failed Bank.
Other Real Estate means all of the following (including any of the following fully or partially charged off the books and records of the Failed Bank or the Assuming Institution) that (i) are owned by the Failed Bank as of Bank Closing and are purchased pursuant to the Purchase and Assumption Agreement or (ii) have arisen subsequent to Bank Closing from the collection or settlement by the Assuming Institution of a Shared-Loss Loan:
Other Real Estate means all interests in real estate (other than Bank Premises and Fixtures) and loans on "in substance foreclosure" status as of Bank Closing as recorded on the Accounting Records of the Failed Bank, including but not limited to mineral rights, leasehold rights, condominium and cooperative interests, air rights and development rights that are owned by the Failed Bank.

Examples of Other Real Estate in a sentence

Exclusive Service Contracts for Provision of Video Services in Multiple Dwelling Units and Other Real Estate Developments, Second Report and Order, 25 FCC Rcd 2460, ¶¶ 29-30 (2010).offerings.


More Definitions of Other Real Estate

Other Real Estate means the real property owned by Bank as a result of foreclosure, deeds in lieu of foreclosure, or judicial process, or received as partial payment of a note, specifically excluding real estate occupied by Bank in the conduct of its ordinary course of business.
Other Real Estate means all Real Estate (including, without limitation, land under development subject to a Lease or an EPR Senior First Mortgage) that is not Education Real Estate, Entertainment Real Estate, or Recreation Real Estate.
Other Real Estate means any Real Estate Asset which is not Primary Real Estate Asset.
Other Real Estate means all of the following (including any of the following fully or partially charged off the books and records of the Failed Bank or the Assuming Bank)
Other Real Estate means all interests in real estate (other than Bank Premises and Fixtures) and loans on "in substance foreclosure" status as of Bank Closing as recorded on the Accounting Records of the Failed Bank, including but not limited to mineral rights, leasehold rights, condominium and cooperative interests, air rights and development rights that are owned by the Failed Bank. Module 1 – Whole Bank w/ Loss Share – P&A COOPERATIVE BANK Version 1.05 WILMINGTON, NORTH CAROLINA June 16, 2009
Other Real Estate means all of the following (including any of the following fully or partially charged off the books and records of the Failed Bank or the Assuming Bank) that are owned by the Failed Bank as of Bank Closing and are purchased pursuant to Section 3.1(v):
Other Real Estate means all real property held by a depository institution except premises and real property acquired and held as a permitted investment.