Owners Interest definition

Owners Interest means a freehold or leasehold interest (where the lease has a minimum of 5 years unexpired)

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Owners Interest means an estate in fee simple absolute in possession; or a term of years absolute of which not less than five years remain unexpired at the date of the application, whether held by the applicant alone or jointly with others.

Owners Interest in relation to any premises, means: - An estate in fee absolute in possession, or

Examples of Owners Interest in a sentence

• The liability of each Owner for such Owner's obligations under this Agreement will be limited to such Owner's Interest in the Network and the proceeds thereof.

• The Owner's interest in the cash value and death benefits of the Policy (the "Owner's Interest") shall be equal to the remaining cash value and death benefits of the Policy, if any, in excess of the Employer's Interest, reduced by any distributions made to the Owner prior to such date.

• The Charterers shall from time to time upon the Owners' demand reimburse the Owners for all costs, premiums and expenses paid or incurred by the Owners in connection with such Innocent Owners' Interest Insurance, but only to the extent corresponding to an Owners' Interest Insurance for an amount not exceeding one hundred and ten per cent.

• The Owner's interest in the cash value and death benefits of the Policy (the "Owner's Interest") shall be equal to the remaining cash value and death benefits of the Policy, if any, in excess of the Employer's Interest, reduced by any distributions made to the Owner or the Insured prior to such date.

• In such event, Developer shall be entitled to receive a fee (payable in accordance with each Owner's Interest), to be passed directly through to the shareholder providing such services or the applicable subcontractor, in an amount equal to * of all remaining Construction Costs.

• In such event, Developer shall be entitled to receive a fee (payable in accordance with each Owner's Interest), to be passed directly through to the shareholder providing such services or the applicable subcontractor, in an amount equal to [REDACTED] of all remaining Construction Costs.

• The closings for any transfer of an Owner's Interest pursuant to Section 9.2.3, 9.3.2(c), 9.3.2(d), 9.4.1 or 10.5 shall take place at the principal office of the Operator or at such other location as the parties to the closing may mutually agree.

• Each Owner shall grant to the other Owner non-exclusive rights of way and easements on, over, through, under and across the real estate comprising a part of its Owner's Plant Assets and such rights of access and use of such Owner's Plant Assets and the other assets comprising its Interest as may be necessary for the operation by the other Owner of the assets comprising such other Owner's Interest.

• Upon the written request of either Owner given within 30 days after receipt of such notice, AGY shall cause the Company to include in such registration such requesting Owner('s) Interest (or the portion thereof designated by such requesting Owner(s)).

• The mortgagee in such case, or any purchaser at the foreclosure sale, will obtain title to the Real Estate free and clear of such Right of First Refusal and Right to Acquire Owner's Interest, and such rights will not reattach to the Property upon any subsequent sale of the Property.

More Definitions of Owners Interest

Owners Interest means the whole of the freehold interest in the Property registered at Land Registry with freehold title absolute under title number [ Principal Sum: £[ ] being the total cost of the Works [inclusive of VAT].

Owners Interest. Has the meaning set forth in Section 22.1.

Owners Interest means the fee simple estate and other rights, titles and interests of the Borrower in the Premises.

Owners Interest means the interests owned or controlled by Owner set forth in Exhibit "A" in and to the Subject Leases (which if not stated in Exhibit "A" shall be deemed an 100 percent working interest), and any and all additional right, title, interest or claim of every kind and character of Owner in the Subject Leases, the Reserve Commitment Area shown on Exhibit "A," and the production therefrom, together with any pool, communized area or unit, and all interests in any ▇▇▇▇▇, whether now existing or drilled hereafter, on or completed within any such Subject Lease, or within any such pool, communized area or unit, including those described in Exhibit "A," even though Owner's Interest may be incorrectly or incompletely stated, all as the same shall be enlarged by the discharge of any burdens or by the removal of any charges or encumbrances to which any of same may be subject as of the Effective Date, and any and all replacements, renewals and extensions or amendments of any of the same.

Owners Interest means Owner’s interest in the Land and Owner’s interest in this

Owners Interest means a freehold or leasehold interest (where the lease has a minimum unexpired term of ninety nine years).