real estate activities definition
real estate activities means activities, the primary purpose of which is to generate for security holders income or gain from the lease, sale or other disposition of real property but, for greater certainty, does not include any of the following:
real estate activities means an undertaking, the purpose of which is primarily to generate for security holders income or gain from the lease, sale or other disposition of real property, but does not include any of the following:
real estate activities means the development (including construction of new facilities or rehabilitation/enhancement of existing facilities), acquisition, management or leasing of real estate by a business.
Examples of real estate activities in a sentence
The Spousal Reduction A and GMCL portion of Spousal Reduction B for benefits determined under sections 5.03(a) and 5.04(a) of the 2003 GMCL Plan or the 2007 GMCL Plan, whichever applies as of the Calculation Date, shall be determined before application at any early retirement reduction.
More Definitions of real estate activities
real estate activities means the following:
real estate activities means those activities conducted by NWI, including, without limitation, the acquisition, development, operation, management, leasing, construction, or landscaping of an Industrial or Office Property and activities substantially similar to those that NWI has performed within the two years immediately prior hereto.