Property Owning Companies definition

Property Owning Companies means, subject to the LP1 Permitted Mergers:
Property Owning Companies means, subject to the Permitted Mergers:

Examples of Property Owning Companies in a sentence

  • Please, therefore, ensure that the names of all companies to be insured, including Property Owning Companies, if applicable, have been included.

  • Question 8: The Trustee has previously informed that it has, following the transfer of the Properties to the new companies (the "New Property Owning Companies") controlled by Thomas Melin and Johan Tungaard received a pledge over the shares in the New Property Owning Companies.

  • As there are likely no such funds in the New Property Owning Companies, those companies will likely be put into bankruptcy, making an enforcement of such shares difficult.

  • Answer 8: Given the bankruptcy of MIAB, it is likely that the bankruptcy administrator will demand the New Property Owning Companies for immediate payment for the Properties that have been transferred to them.

  • In a bankruptcy, the Properties will have to be sold by the bankruptcy administrator of the New Property Owning Companies, given that the Trustee cannot sell the Properties by itself as mentioned above.

  • The Issuer shall not, and shall procure that no other Issuer Group Company will, sell or otherwise dispose of any of its shares (owned directly or indirectly) in any Property Holding Companies, any Property Owning Companies, any Properties or other assets, except for any disposals carried out as a Permitted Disposal.

  • The Issuer shall procure that the Property Owning Companies shall not (in whole or in part) sell or otherwise dispose of the Properties.

  • Use of ProceedsThe Net Proceeds of the Bond Issue shall be applied firstly towards the making of intragroup loans to the Property Owning Companies (directly or indirectly through any intermediate entities) for purposes of refinancing Existing Debt in the Property Owning Companies, secondly, towards financing the Acquisition (including by way of providing intragroup loans to the BidCos to fund their respective Acquisition) and thirdly for general corporate purposes.

  • The Net Proceeds of the Initial Bond Issue shall be was applied firstly towards the making of intragroup loans to the Property Owning Companies (directly or indirectly through any intermediate entities) for purposes of refinancing Existing Debt in the Property Owning Companies, secondly, towards financing the Initial Acquisition (including by way of providing intragroup loans to the BidCos to fund their respective Initial Acquisition) and thirdly for general corporate purposes.

Related to Property Owning Companies

  • Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Operating Company has the meaning set forth in the preamble.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Target Companies means the Target and its Subsidiaries.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Group Companies means the Company and its Subsidiaries.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Retained Subsidiaries means all Subsidiaries of Sellers and their respective direct and indirect Subsidiaries, as of the Closing Date, other than the Purchased Subsidiaries.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Operating Partnership has the meaning set forth in the preamble.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Parent Companies means Parent and its Subsidiaries;