Required Property definition

Required Property has the meaning specified in Section 5.10(b).
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Required Property means debt secured on certain specified residential properties or funds on deposit with a Canada Deposit Insurance Fund-insured or Régie de l’assurance-dépôts du Québec-insured institution or credit union.
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Required Property means, collectively, the real property, improvements, fixtures and other items of real property related thereto at the locations set forth on Schedule 1.01(b) and such other locations as are from time to time determined by the Administrative Agent in its reasonable discretion to be material, and the products and proceeds thereof, fee title to which is held by the Borrower or any Subsidiary.
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Examples of Required Property in a sentence

  • Where at any time in the year the cost amount to the Corporation of its money and Required Property represented less than two-thirds of the aggregate cost amount to the Corporation of all of its property, the Corporation’s liabilities may not exceed 75% of the cost amount to the Corporation of all its property.

  • Seller's continued holding of the Goods, Furnished Property or Required Property (each as defined below), after demand has been made by Buyer for delivery, will substantially impair their value, and Buyer shall be entitled to a court order for possession without bond.

  • Notice of Cancellation or Expiration of Owner’s Required Property Insurance.

  • Above lower capital limit Not Required Originals or photocopies Originals Required Above upper capital limit (£16,000) Not Required Not Required Not Required Property Not Required Originals or photocopies along with completed second property form Originals required along with completed second property form Appendix 2 – DWP Housing Benefit & Council Tax Benefit Circular S11/2011 Risk-Based Verification of HB/CTB Claims Guidance Introduction1.

  • An authorised deposit-taking institution is not subject to any action, liability, claim or demand for complying with, or producing something in the honest belief that it was complying with a notice to produce documents or an order of a Magistrate under this Division.

  • Taxes Receivable (No Schedule Required) Property taxes are imposed non-exchange revenue transactions that the County is entitled to recognize as revenue in the period for which the taxes are levied and assessed – even if an enforceable claim or the due date for payment occurs in a different period.

  • The Lessee shall keep the Project Facilities continuously insured in the amount and with the coverage of the Required Property Insurance Coverage and shall keep and maintain, with respect to the Project, Required Public Liability Insurance Coverage, provided, that through the Completion Date, the Lessee shall provide all-risk builders risk insurance covering the then insurable value of the Project.

  • Distribute the amendment to all members of the Council as soon as possible prior to the meeting in which it will be offered.

  • Summary statistics for DCAPEt appear in Panel A of Table 11.To assess how relative market valuation drives the differential response of the stock market to macroeconomic news, I run regressions as before based on Eq. (22).

  • City Council authorize the public release of Confidential Attachment 1 once there has been a final determination and closing of the compensation payable for the Required Property Interests by arbitration, appeal or settlement, or otherwise to the satisfaction of the City Solicitor.

Related to Required Property

  • Acquired Property shall have the meaning set forth in Section 5.11(c)(i)(A) hereof.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Impaired property means tangible property, other than "your product" or "your work", that cannot be used or is less useful because:

  • Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Abandoned property means personal property left by an owner who intentionally

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Blighted property means property that meets any of the following criteria:

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.

  • New property means (i) the assessed value, after final

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Secured Property means the assets that are the subject of the security constituted by the Security Documents.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Excepted Property The meaning assigned in the Granting Clauses hereof.

  • Additional Mortgaged Property shall have the meaning provided in Section 8.11(a).

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Unencumbered Property means any one of the Unencumbered Properties.