Residential Assets definition

Residential Assets means Non-Income Producing Assets that consist primarily of single-family residential developments (but are not Land Assets, Condominium Assets or multi-family developments).
Residential Assets means Single Family Homes, and SFH Interests.

Examples of Residential Assets in a sentence

  • Anderson Senior Vice President of Residential Assets /s/ Brian J.

  • Anderson President Senior Vice President of Residential Assets /s/ Brian J.

  • As compensation for the investigation, selection, sourcing and acquisition or origination (by purchase, investment or exchange) of Residential Assets and other Permitted Investments, the Company shall pay the Advisor an Acquisition Fee for each such investment equal to 1.0% of the Cost of Residential Assets for any given transaction.

  • Subject to Section 2.1(b), Newcastle and New Residential agree to take all actions necessary so that, immediately prior to the Effective Time, (i) the New Residential Group will own, to the extent it does not already own, all of the New Residential Assets and none of the Newcastle Assets, and (ii) the New Residential Group will assume, to the extent it is not already liable for, all New Residential Liabilities.

  • Anderson Senior Vice President of Residential Assets /S/: Brian J.

  • Residential Assets The Company owns $934 million of residential assets (with a basis of $623 million), which includes manufactured housing (“MH”) loans, residential loans, subprime securities and FNMA/FHLMC securities.

  • As used herein, the term "Borrowing Base" shall mean the sum of (i) the Residential Assets Borrowing Base (as described in SECTION 3.5(c) below), (ii) the Commercial Assets Borrowing Base (as described in SECTION 3.5(d) below), and (iii) the Kunia and Xxxxx'x Pointe Borrowing Base (as described in SECTION 3.5(e) below).

  • As compensation for the services described in Section 3.03 the Company shall pay the Advisor an asset management fee equal to 0.25% quarterly (1% annually) on the most recent aggregate value of the Partnership’s Residential Assets and other Permitted Investments, as determined in accordance with the valuation guidelines approved by the POSOR Board of Directors (adjusted to reflect any subsequent purchases or sales of portfolio assets based on the purchase or sale 12 prices).


More Definitions of Residential Assets

Residential Assets means Single Family Rental Properties and Single Family Housing Interests.

Related to Residential Assets

  • Initial Assets The Assets identified on Schedule I hereto.

  • Residential property means improved property that:-

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • 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.

  • Additional Assets means (i) any property or assets (other than Indebtedness and Capital Stock) in a Related Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary or (iii) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in a Related Business.

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Residential Zone means a zone earmarked for buildings exclusively designed for human habitation and in no case shall include its use in whole or a part thereof for any other purpose e.g commercial activities, school, institution, shop, office, clinic, beauty parlor, guest house, marriage center, gymnasium, tuition center, club activities, work-shop, store or godown etc. or for the purpose of political, religious and sectarian activities. It includes parks, gardens, play grounds, sector shops and other open spaces located in the area earmarked in the residential zone.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.

  • Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Personalty means all of the following:

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Residential building means a building containing one or more residential dwellings.

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Residential Dwelling Any one of the following: (i) a detached one-family dwelling, (ii) a detached two- to four-family dwelling, (iii) a one-family dwelling unit in a Xxxxxx Xxx eligible condominium project, (iv) a manufactured home, or (v) a detached one-family dwelling in a planned unit development, none of which is a co-operative or mobile home.

  • Residential Dwelling Unit means any portion of a building that contains living facilities, including a room or rooms in a facility that have shared cooking, bathing, toilet, or laundry facilities such as dormitories, shelters, assisted living facilities, and boarding homes. "Residential dwelling unit" also means facilities that include provisions for sleeping, cooking, bathing, and toilet facilities for one or more persons and are used for extended stays, such as time-shares and extended-stay motels. "Residential dwelling unit" does not mean a guest room in a motel or hotel.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

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