Real Estate Security definition

Real Estate Security means any security of a company that derives at least 50% of its revenues from the ownership, construction, financing, management or sale of commercial, industrial or residential real estate, or has at least 50% of its assets in such real estate.

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Real Estate Security means any security of a company that derives at least 50% of its revenues from the ownership, construction, financing, management or sale of commercial, industrial or residential real estate, or has at least 50% of its assets in such real estate. It also means equity and debt securities of both publicly traded and private companies, including REITs and pass-through entities, that own real property or loans secured by real estate.

Real Estate Security shall include (a) those leasehold mortgages requested by Lender to be granted by Borrowers; (b) the mortgage liens on the Real Property and interests of Borrowers described in Schedule 5.1(e) hereto (the "Mortgages"), (c) the mortgage notes described on Schedule 5.1(e) hereto to be pledged to Lender and (d) liens and security interests in favor of Lender on all other Real Property of Borrowers or NSC, all on the terms and subject to the provisions contained herein and in the other applicable Financing Agreements.

Examples of Real Estate Security in a sentence

• It is further hereby agreed that such a Beneficiary shall not at any time take the benefit, directly or indirectly, of any additional right in respect of any other security interest granted to the Security Agent for the benefit of the Beneficiaries pursuant to the Security Documents to compensate for such a Beneficiary not having the benefit of any security interest in the Real Estate Security.

• The Borrower’s obligations to the Bank under this Article, except the obligation to give notices to the Bank, shall survive termination of this Agreement, repayment of the Borrower’s obligations to the Bank under this Agreement, and foreclosure of the Real Estate Security Instrument encumbering the Property or similar proceedings.

• If the Real Estate Security Instrument is to be junior to any other lien on the Property, an acceptable beneficiary statement from the holder of prior lien.

• Since the Statement Date, no Obligor has entered into, incurred, or assumed any long-term debt, mortgages, material leases or oral or written commitments, nor commenced any significant project, nor made any purchase or acquisition of any significant property other than the Illinois Real Estate Security and other assets disclosed to Lender in writing.

• The rights of the Collateral Trustee and the Holders under the Indenture or any other agreement or instrument related thereto against any party thereto are not conditional or contingent on any attempt by the Collateral Trustee or any Holder to exercise any of its rights under the Indenture and the Real Estate Security Documents or any other agreement or instrument related thereto against such party or against any other Person.

More Definitions of Real Estate Security

Real Estate Security means the real estate described on Exhibit A.

Real Estate Security means “Property” or “Properties”, as the context may require.

Real Estate Security or “real estate securities” means a development unit that is also a “security” as defined in section 1(1) of the Securities Act (RSBC 1996 c. 418), and includes a development unit comprised of a direct interest in real estate together with an ancillary agreement, usually with a promoter, developer, or manager, for project management combined with rental or cash flow guarantees or other financial commitments; or revenue or expense pooling; or both; where the purchaser relies significantly on the skill or expertise of another person to realize an economic return from the investment; or an offering of shares or units in the developer’s capital that the purchaser can convert into a direct interest in real estate.

Real Estate Security shall include the mortgage liens on the Real Property and interests of Borrower described in Schedule 1.55 hereto (the Mortgages), (b) the mortgage notes described on Schedule 1.55 hereto pledged or to be pledged to Lender and (c) liens and security interests in favor of Lender on all other Real Property of Borrowers, all on the terms and subject to the provisions contained herein and in the other applicable Financing Agreements.

Real Estate Security means a security of an issuer whose assets, that are the principal subject of its business, consist of real property, a partnership interest in real property or documents evidencing an interest in real property;

Real Estate Security. DOCUMENTS: Those Loan Documents that secure performance of Borrowers' obligations to the Lenders that relate to the Real Estate, as described in this Agreement.

Real Estate Security means “Properties” or “Individual Property”, as the context may require.