Separated Property definition

Separated Property. As defined in Section 31.2. Separation Event:
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Separated Property means: (i) in relation to a Shared Property which has a RemainCo Company as the tenant under the headlease of such Shared Property, that part of the Shared Property which has been physically separated from the remainder of the Shared Property for the occupation of a Group Company; or (ii) in relation to a Shared Property which has a Group Company as the tenant under the headlease of such Shared Property, that part of the Shared Property which has been physically separated from the remainder of the Shared Property for the occupation of a RemainCo Company; 195
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Separated Property. As defined in Section 31.2.
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Examples of Separated Property in a sentence

  • The Reflection of Basis Requirement is satisfied because that C stock had a basis prior to the Distribution that was determined in whole or in part by reference to the basis of Separated Property (Asset 1), and was neither distributed in a distribution to which section 355(e) applied nor transferred in a transaction in which the gain on that C stock was recognized in full during the Plan Period prior to the Distribution.

  • First, the definition of Separated Property excludes property indirectly held by a POD if the stock of the corporation that directly owns the property is Separated Property (and thus is already taken into account for gain recognition purposes).

  • However, if Relevant Stock is Separated Property, Underlying Property (as defined in paragraph (b)(2)(viii) of this section) associated with that stock is not treated as Separated Property.

  • Because Asset 1 is not Relevant Property, D did not receive C stock distributed in the Distribution in exchange for Relevant Property when it contributed Asset 1 to C, none of the distributed C stock had a basis prior to the Distribution that was determined in whole or in part by reference to the basis of Separated Property, and C did not hold Relevant Property immediately before the Distribution.

  • Pre-school and primary school coordinators work alongside the principal to ensure that the curriculum is adhered to, monitor the standards that pupils reach and oversee the training provided for teachers.

  • If no POD exists, then the limitation under the Distributing Gain Limitation Rule will equal the Statutory Recognition Amount, because there is no Separated Property.

  • Immediately before the Second Distribution, the stock of C distributed does not reflect the basis of Separated Property (Asset 1).

  • Any Controlled stock distributed in the distribution reflects the basis of any Separated Property (as defined in paragraph (b)(2)(vii) of this section).

  • The surrender value will be the Policy Account value, less the Market Value Adjustment amount, if any, and the surrender charges, if any, as mentioned below.If the policy is being surrendered within 3 years of policy inception, then Surrender Charge is 0.05% of the fund, with a maximum of` 5,00,000.

  • After the implementation of Title IX, many colleges and universities adopted standards for campus speech.33 In 1989, the United States District Court for the Eastern District of Michigan decided a case regarding the University of Michigan’s anti-harassment policy.


More Definitions of Separated Property

Separated Property. As defined in Section 31.2. State: With respect to each Facility, the State or Commonwealth in which the Leased Property for such Facility is located.
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Separated Property or “Separated Properties” shall have the meaning set forth in Section 44.
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Separated Property. As defined in Section 31.2. State: With respect to each Facility, the State or Commonwealth in which the Leased Property for such Facility is located. Subsidiaries: Corporations, partnerships, limited liability companies, business trusts or other legal entities with respect to which a Person owns, directly or indirectly (including through one or more intermediaries), more than fifty percent (50%) of the voting stock or partnership, membership or other equity interest, respectively.
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Separated Property. As defined in Section 31.2. ------------------- State: With respect to each Facility, the State or Commonwealth in which the ----- Leased Property for such Facility is located. -- Subsidiaries: Corporations, limited liability companies or partnerships, in ------------ which Lessee owns, directly or indirectly, more than 50% of the voting stock or --- partnership, membership or other equity interest, respectively. Term: Collectively, the Fixed Term and any Extended Term(s), as the context may ---- require, unless earlier terminated. Transfer Consideration: As defined in Article XXIV. ----------------------- Unavoidable Delays: Delays due to strike, lockout, inability to procure ------------------- materials, power failure, act of God, governmental restriction, enemy action, ------- civil commotion, fire, unavoidable casualty or other cause beyond the control of -- the party responsible for performing an obligation hereunder; provided, however, that a lack of funds shall not be deemed a cause beyond the control of either party hereto. Unsuitable for Its Primary Intended Use: With respect to each Facility, a state --------------------------------------- or condition of such Facility such that by reason of damage or destruction or Condemnation, in the good faith judgment of Lessor and Lessee, such Facility cannot be operated on a commercially practicable basis for its Primary Intended Use taking into account, among other relevant factors, the number of units and usable beds affected by such damage or destruction or Condemnation. ARTICLE III. 3.1
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Separated Property. As defined in Section 31.2. ------------------- Shared Appreciation Purchase Price: The Minimum Repurchase Price of the ------------------------------------- Purchase Option Facilities in the aggregate plus Lessor's Shared Appreciation ------- ---- Amount. -- State: With respect to each Facility, the State or Commonwealth in which the ----- Leased Property for such Facility is located. -- Subsidiaries: Corporations, limited liability companies or partnerships, in ------------ which Lessee owns, directly or indirectly, more than 50% of the voting stock or --- partnership interest. Term: Collectively, the Fixed Term and any Extended Term(s), as the context may ---- require, unless earlier terminated. Texas HCP. Texas HCP Holding, L.P., a Delaware limited partnership ---------- Transfer Consideration: As defined in Article XXIV. ----------------------- Unavoidable Delays: Delays due to strike, lockout, inability to procure ------------------- materials, power failure, act of God, governmental restriction, enemy action, ------- civil commotion, fire, unavoidable casualty or other cause beyond the control of -- the party responsible for performing an obligation hereunder; provided, however, that a lack of funds shall not be deemed a cause beyond the control of either party hereto. Unsuitable for Its Primary Intended Use: With respect to each Facility, a state --------------------------------------- or condition of such Facility such that by reason of damage or destruction or Condemnation, in the good faith judgment of Lessor and Lessee, such Facility cannot be operated on a commercially practicable basis for its Primary Intended Use taking into account, among other relevant factors, the number of units and usable beds affected by such damage or destruction or Condemnation. ARTICLE III. ------------- 3.1
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Related to Separated Property

  • 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.

  • 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.

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

  • 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.

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

  • Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

  • 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].

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

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

  • 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.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Unencumbered Property means any one of the Unencumbered Properties.

  • Subject Interests means Assignor’s undivided interests in the Subject Lands, as determined prior to giving effect to this Conveyance (or as may be made part of the Subject Interests pursuant to Section 3.1 or 3.2 of the Development Agreement), whether as lessee under leases, as an owner of the Subject Minerals (or the right to extract such Minerals) or otherwise, by virtue of which undivided interests Assignor has the right to conduct exploration, drilling, development and Mineral production operations on the Subject Lands, or to cause such operations to be conducted, or to participate in such operations by paying and bearing all or any part of the costs, risks and liabilities of such operations, to drill, test, complete, equip, operate and produce xxxxx to exploit the Minerals. The “Subject Interests” (a) may be owned by Assignor pursuant to leases, deeds, operating, pooling or unitization agreements, orders or any other instruments, agreements or documents, recorded or unrecorded, (b) include any and all extensions or renewals of leases covering the Subject Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof, within six (6) months after the expiration or termination of any such lease, and (c) are subject to the Permitted Encumbrances. For the avoidance of doubt, the “Subject Interests” do not include: (i) Assignor’s interests in the Excluded Assets; (ii) Assignor’s rights to substances other than Minerals; (iii) Assignor’s rights to Minerals (other than Assignee Minerals) under contracts for the purchase, sale, transportation, storage, processing or other handling or disposition of Minerals; (iv) Assignor’s interests in, or rights to Minerals (other than Assignee Minerals) held in pipelines, gathering systems, storage facilities, processing facilities or other equipment or facilities, other than Development Xxxxx; or (v) any additional or enlarged interests in the Development Xxxxx, Subject Lands or Subject Minerals acquired by Assignor after the Closing Time, except (1) to the extent any such additional or enlarged interest becomes a part of the Subject Interests by amendment to this Conveyance pursuant to Section 3.1 or 3.2 of the Development Agreement, (2) as may result from the operation of the terms of the instruments creating the Subject Interests, or (3) as may be reflected in extensions and renewals covered by the preceding sentence.

  • Asset-Related Property shall have the meaning assigned thereto in Section 2.1(b).

  • Subject Interest has the meaning assigned to such term in the recitals.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Participating Property means Development.

  • 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.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;