Thereon definition

Thereon means “on that.” See https://www.merriam- webster.com/dictionary/thereon; see also Black’s Law Dictionary (10th ed. 2014) (defining “thereon” as “[o]n that or them”). Applying this plain meaning to the “free useclause in the Anderson and Pritchett Trusts’ lease, it seems the clause requires that the use of gasfound on said land” be for operations “on that” land. But in Lyons, the Court relied on Bice v. Petro-Hunt, L.L.C., 768 N.W.2d 496 (N.D. 2009), a decision from the Supreme Court of North Dakota, which interpreted a nearly identical “free use” clause to simply require that the use of the gas be in furtherance of the lease operations, regardless of where that use occurs.
Thereon means the date specified in such security as the fixed date on which the principal of such security or such installment of principal or interest is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the repurchase of such security at the option of the holder thereof upon the happening of any contingency unless such contingency has occurred).
Thereon or advanced under the terms of this security agreement, or secured thereby, and the interest thereon, shall immediately become due and payable at the option of the Secured Party. Upon default, the Secured Party may at once proceed to foreclose this mortgage in any manner provided by law, or he may at his option, and he is hereby empowered so to do, with or without foreclosure action, enter upon the premises where the said aircraft may be and take possession thereof, and remove and sell and dispose of the same at public or private sale, and from the proceeds of such sale retain all costs and charges incurred by him in the taking or sale of said aircraft, including any reasonable attorney's fees incurred; also all sums due him on said Lease, under any provisions thereof, or advanced under the terms of this security agreement or the Collateral and Security Agreement dated the date hereof between debtor and the Secured Party, and interest thereon, or due or owing to the Secured Party, under any provisions of this security agreement, or secured hereby, with the interest thereon, and any surplus of such remaining shall be paid to the debtor, or whomever may be lawfully entitled to receive the same. If a deficiency occurs, the debtor agrees to pay such deficiency forthwith. The Secured Party or its agent may bid and purchase at any sale made under this mortgage or herein authorized, or at any sale made upon foreclosure of this mortgage. In witness whereof, the debtor has hereunto set its hand and seal on the day and year first above written. ACKNOWLEDGMENT: (If required by applicable law) SIGNATURE(S) --------------------------------------------- (In ink) (If executed for co-ownership, all must sign) TITLE --------------------------------------------- (If signed for a corporation, partnership, owner, or agent)

Examples of Thereon in a sentence

  • Information Other than the Financial Statements and Auditors’ Report Thereon The Directors of the Company are responsible for the other information.

  • Information Other than the Financial Report and Auditor’s Report Thereon The directors are responsible for the other information.

  • Information Other than the Financial Statements and Auditor’s Report Thereon Management is responsible for the other information.

  • Thereon, the Accepting Authority shall give his written instructions or decision within a period of two months from the receipt of the contractor's letter.

  • Thereon, the Employer shall give his written instructions or decision within a period of two months from the receipt of the tenderer's letter.

  • Since interference errors reflect differences between the grammar of the student's native language and that of the target laaguage, they are oftea predictable from a contrastive analysis of the two grammars.

  • Information Other than the Standalone Financial Statements and Auditor’s Report Thereon The Company’s Board of Directors is responsible for the preparation of the other information.

  • Information Other than the Financial Statements and Auditors’ Report Thereon The Manager of the Fund is responsible for the other information.

  • Construction, installation and commissioning of 40 MW Wind Farm comprising of several Wind Turbine Generators of individual capacities equivalent to or greater than 600 KW.b. Construction of 10 km 115 kV high tension overhead line and associated facilities;c.

  • Information Other than the Financial Statements and Auditors’ Report Thereon The directors of the Company are responsible for the other information.


More Definitions of Thereon

Thereon the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article Two, provided that the foregoing shall -------- apply only if such court has been fully apprised of the provisions of this Article Two.
Thereon means ‘on or following from the thing just mentioned’. For example, ‘The machine rests on a wooden block. There is placed thereon a metal bracket . . .’

Related to Thereon

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • Structures means any building or structure, or part thereof, used for human occupation and intended to be so used, and includes any outhouses and appurtenances belonging thereto or usually enjoyed therewith.

  • LATE CHARGES All invoices are due and payable upon receipt. Any invoices not paid within thirty (30) days of the invoice date are subject to a one percent (1%) per month financing charge on any unpaid balance but only to the extent permitted by law.

  • Unpaid Interest means: (a) with respect to any REMIC I Regular Interest, REMIC II Regular Interest or Class X REMIC III Regular Interest for any Distribution Date subsequent to the initial Distribution Date, the portion of Distributable Interest for such REMIC I Regular Interest, REMIC II Regular Interest or Class X REMIC III Regular Interest, as the case may be, remaining unpaid as the close of business on the preceding Distribution Date; and (b) with respect to any Class of REMIC III Regular Certificates or EC REMIC III Regular Interest, the portion of Distributable Certificate Interest for such Class or EC REMIC III Regular Interest remaining unpaid as of the close of business on the preceding Distribution Date. For avoidance of doubt, “Unpaid Interest” shall not include any reductions in Distributable Certificate Interest in respect of the Class B REMIC III Regular Interest, the Class C REMIC III Regular Interest or the Class D Certificates as a result of the allocation of Trust Advisor Expenses, except to the extent that there are Actual Recoveries of Trust Advisor Expenses allocated to such Class pursuant to Section 6.11(c) in respect of such reductions in Distributable Certificate Interest.

  • Fixtures means those leasehold improvements, additions, alterations and installations constituting all or a part of Bank Premises and which were acquired, added, built, installed or purchased at the expense of the Failed Bank, regardless of the holder of legal title thereto as of Bank Closing.

  • Improvements means the buildings, structures, improvements, and alterations now constructed or at any time in the future constructed or placed upon the Land, including any future replacements and additions.

  • Postpetition Interest means interest accruing on and after the Petition Date on a Claim.

  • Post-Petition Interest means any interest or entitlement to fees or expenses or other charges that accrue after the commencement of any bankruptcy or insolvency proceeding, whether or not allowed or allowable as a claim in any such bankruptcy or insolvency proceeding.

  • accrued is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Buildings means any and all buildings, structures, garages, utility sheds, workrooms, air conditioning towers, open parking areas and other improvements, and any and all additions, alterations, betterments or appurtenances thereto, now or at any time hereafter situated, placed or constructed upon the Land or any part thereof.

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • Certificate Interest means, for any Class for any Interest Payment Date, the product of (a) the Class Invested Amount for such Class for such Interest Payment Date and (b) a fraction the numerator of which is (1) with respect to each Class that has no Subclasses, the Certificate Rate for such Class or (2) with respect to each Class that has two or more Subclasses, the Class Weighted Average Certificate Rate, and the denominator of which is (x) if the relevant Certificate Rate is to be calculated on the basis of the actual number of days elapsed and a 360-day year, 360 divided by the actual number of days from and including the immediately preceding Interest Payment Date (or, in the case of the first Interest Payment Date, from and including the Series Closing Date) to but excluding the current Interest Payment Date or (y) if the relevant Certificate Rate is to be calculated on the basis of a 360-day year of twelve 30-day months, twelve divided by the number of Distribution Dates from and including the preceding Interest Payment Date to but excluding the current Interest Payment Date (or, in the case of the first Interest Payment Date, 360 divided by the number of days from and including the Series Closing Date to but excluding the 15th day of the month in which current Interest Payment Date occurs, assuming 30-day months).

  • unpaid as used in this Section 9.04 shall mean all relevant Secured Obligations outstanding as of any such distribution date as to which prior distributions have not been made, after giving effect to any adjustments which are made pursuant to Section 9.02 of which the Administrative Agent shall have been notified.

  • Appurtenances means all rights, titles, and interests of Seller appurtenant to the Land and Improvements, including, but not limited to, (i) all easements, rights of way, rights of ingress and egress, tenements, hereditaments, privileges, and appurtenances in any way belonging to the Land or Improvements, (ii) any land lying in the bed of any alley, highway, street, road or avenue, open or proposed, in front of or abutting or adjoining the Land, (iii) any strips or gores of real estate adjacent to the Land, and (iv) the use of all alleys, easements and rights-of-way, if any, abutting, adjacent, contiguous to or adjoining the Land.

  • Late Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for late fees or similar terms.

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Townhouse means a building, other than a plex, stacked townhouse or apartment building, containing at least 3 dwelling units, each dwelling unit separated vertically from the other by a party wall and each dwelling unit having a separate entrance to grade;

  • Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the insurer to the individual or small group, or employer as defined in KRS 304.17A-0954, with similar case characteristics for health benefit plans with the same or similar coverage;

  • Land means the land described in Exhibit A.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Arrears of Interest means as at any date and in relation to any Mortgage Loan, interest (other than Capitalised Interest or Accrued Interest) on such Mortgage Loan which is currently due and payable on such date;

  • Contingent Interest has the meaning specified in Section 4.01.

  • Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.