Personal Property Loan definition

Personal Property Loan. A loan, the net proceeds of which were or will be used by the related Obligor to acquire personal property.
Sample 1

Examples of Personal Property Loan in a sentence

  • Department of Energy Personal Property Loan Agreement, which must document that high risk, export control, and hazardous reviews have been completed.

  • Coaches are responsible for the discipline and control of their teams during games and practices.

  • Initial period of assistance will be 5-14 days (adjustable to 30 days, if needed) from date of TSA implementation; may be extended, if needed, in 14-dayintervals for up to six months fromthe date of disaster declaration.Home & Personal Property Loan (SBA)• Up to $200,000 for Home Repair/ Replacement and up to $40,000 for Personal Property.• Cost Share Notes: Interest rate 1.75% for applicants unable to obtain credit elsewhere; 3.5% for those who can obtain credit elsewhere.

  • A Personal Property Loan provides a creditworthy homeowner or renter in a declared disaster area with up to $40,000 to repair or replace personal property owned by the survivor, while Real Property Loans provide creditworthy homeowners with up to $200,000 to repair or restore the homeowners’ primary residence to its predisaster condition.

  • A Personal Property Loan provides a creditworthy homeowner or renter in a declared disaster area with up to $40,000 to repair or replace personal property owned by the survivor, while Real Property Loans provide creditworthy homeowners with up to $200,000 to repair or restore the homeowners’ primary residence to its predisastercondition.

  • Personal Property LoansA Personal Property Loan provides a creditworthy homeowner or renter located in a declared disaster area with up to $40,000 to repair or replace personal property owned by the disaster survivor.8 Eligible items include furniture, appliances, clothing, and automobiles damaged or lost in a disaster.

  • Home and Personal Property Loan Program: Disaster loans through the Small Business Administration (SBA) are available to homeowners and renters for restoring or replacing disaster damaged real and personal property.

  • The loan shall be executed on DOE Form 4420.2, Personal Property Loan Agreement or computer gen-41 CFR Ch. 109 (7–1–10 Edition)erated equivalent when approved in writing by the OPMO or on-site DOE property administrator.

  • These grants are available for uninsured losses and expenses incurred by individuals and households that do not qualify for the SBA Home /Personal Property Loan Program.

  • Documented and approved using DOE Form 4420.2, U.S. Department of Energy Personal Property Loan Agreement.

Related to Personal Property Loan

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Intangible Personal Property means all intangible personal property owned or possessed by the Contributor and used in connection with the ownership, operation, leasing, occupancy or maintenance of the Property, including, without limitation, the right to use the trade name "Residence Inn" (but only to the extent Contributor may assign such right), the Authorizations, general intangibles, business records relating to the Property, plans and specifications, surveys and title insurance policies pertaining to the Real Property and the Personal Property, all licenses, permits and approvals with respect to the construction, ownership, operation, leasing, occupancy or maintenance of the Property, any unpaid award for taking by condemnation or any damage to the Land by reason of a change of grade or location of or access to any street or highway, and the share of the Tray Ledger determined under Section 6.5, excluding (a) any of the aforesaid rights the Acquiror elects not to acquire, (b) the Contributor's replacement reserves, (c) deposits, working capital, marketable securities, escrows, prepaid items, the Contributor's cash on hand, in bank accounts and invested with financial institutions, and (d) accounts receivable except for the above described share of the Tray Ledger.

  • Real Property Lease has the meaning set forth in Section 3.8(b).

  • Real Property Leases has the meaning set forth in Section 3.11(b).

  • Excluded Personal Property means, collectively, (a) all of the personal property of Master Lessee (including, without limitation, all inventory and equipment, but excluding any items that constitute fixtures), (b) any licenses or other intellectual property relating to the trade names “Toys ‘R’ Us” or “Babies ‘R’ Us” and (c) any personal property of third-party Tenants under Subleases. For purposes of this definition, the terms “inventory”, “equipment” and “fixtures” shall have the meaning set forth in the Uniform Commercial Code in effect in the State of New York, except that the term “fixtures” shall specifically include, but not be limited to, and the terms “inventory” and “equipment” shall specifically exclude, all HVAC equipment, elevators, escalators and lighting together with all equipment, parts and supplies used to service, repair, maintain and equip the foregoing.

  • Tangible Personal Property means, in respect of any Person, all machinery, equipment, tools, furniture, office equipment, supplies, materials, vehicles and other items of tangible personal or movable property (other than Inventories and IT Assets) of every kind and wherever located that are owned or leased by the Person, together with any express or implied warranty by the manufacturers, sellers or lessors of any item or component part thereof and all maintenance Records and other documents relating thereto.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Residential property means a property included in the valuation roll in terms of Section 48(2)(b) of the Property Rates Act 2004 as residential.

  • Real Property Collateral means the Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Borrower or its Subsidiaries.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Property line means the division line between two units of land.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Tenant’s Personal Property means all motor vehicles and consumable inventory and supplies, furniture, furnishings, movable walls and partitions, equipment and machinery and all other tangible personal property of Tenant, if any, acquired by Tenant on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Fixtures or Leased Personal Property.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Personalty means all of the following:

  • Transferred Real Property has the meaning set forth in Section 2.2(a)(vi).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Real Property Laws has the meaning set forth in Section 4.16(c).