Third Party Interest definition

Third Party Interest means any security interest, lease, license, option, voting arrangement, easement, covenant, notation, restriction, interest under any agreement, interest under any trust, or other right, equity, entitlement or other interest of any nature held by a third party.
Third Party Interest means the legal interest of any Person, other than a party hereto, in Land, Minerals or Improvements and, without in any way limiting the generality of the foregoing, includes the interest held by an Occupant of Crown Land, leases, mortgages, charges, encumbrances, registered builders' liens, writs of execution, easements (including Public Utility Easements), rights of way, restrictive covenants, party wall agreements, building restriction caveats and other caveats, provided the same are in force immediately prior to the Purchase of the Land, Minerals or Improvements or, thereafter, at any time prior to the transfer of the same to Canada, but shall, for greater certainty, exclude an interest in a Mineral Disposition;
Third Party Interest means any legal or equitable right, interest, power or remedy in favour of any person other than the Commonwealth or the Recipient in connection with the Agreement, including any right of possession, receivership, control or power of sale, and any mortgage, charge, security or other interest; Undepreciated in relation to the value of an Asset, means the value of the Asset which has not been Depreciated; and Works Location means a location where the Capital Works are to be undertaken including any premises in, or land on, which those Capital Works are to be undertaken and includes a Works Location listed in item E.2.3 of the Schedule.

Examples of Third Party Interest in a sentence

  • In the event that a Third Party Interest (other than a Public Utility Easement) is to be surrendered prior to creation of an Entitlement Reserve, the parties agree that the surrender of the Third Party Interest shall be the subject of an agreement between the Band, Canada and the Third Party Interest Holder.

  • In the event that within ninety (90) days after Closing any such Preferential Purchase Right is waived or consent or approval is obtained or the time for election to purchase or to deliver a consent or approval passes (such that under the applicable documents, Seller may sell the affected Third Party Interest to Buyer), then the Closing with respect to the applicable portion of the Third Party Interests will proceed promptly.

  • Within ten business days of receipt of such notice, ARScience Bio will provide written notice to Coya confirming whether or not rights to such Coya Additional Mono Product Indication have been granted to a Third Party pursuant to Section 2.7.1 (Third Party Interest).

  • In the event that a Third Party Interest (other than a Public Utility Easement) is to be surrendered prior to creation of an Entitlement Reserve, the parties agree that the surrender of the Third Party Interest shall be the subject of an agreement between the Entitlement Band, Canada and the Third Party Interest Holder.

  • In the event that within ninety (90) days after Closing any such Preferential Purchase Right is waived or consent or approval is obtained or the time for election to purchase or to deliver a consent or approval passes (such that under the applicable documents, Seller may sell the affected Third Party Interest to Buyer), then subject to the terms and conditions hereof (including Article 12) the Closing with respect to the applicable portion of the Third Party Interests will proceed promptly.


More Definitions of Third Party Interest

Third Party Interest means any legal or equitable right, interest, power or remedy in favour of any person other than the Department or the Recipient in connection with this Agreement, including any right of possession, receivership, control or power of sale, and any mortgage, charge, security or other interest; and Unexpended Funding means any part of the Funding that is unspent or uncommitted.
Third Party Interest means an Interest held by a third party.
Third Party Interest means a mortgage, pledge, lien, charge, assignment, encumbrance, secured interest, title retention arrangement, option, lease or other third party interest of any nature, in each case affecting the ownership of the Aircraft, but excluding:
Third Party Interest means any legal or equitable right, interest, power or remedy in favour of any person other than the Consultant or the Department in connection with this Contract, including, without limitation, any right of possession, receivership, control or power of sale, and any mortgage, charge, security or other interest.
Third Party Interest includes any Security Interest, option, voting arrangement, easement, covenant, notation, restriction, interest under any agreement or trust or other right, equity, entitlement or other third party interest of any nature.
Third Party Interest means any interest, right or estate of any nature held by a Third Party in or to land, or any right of use or occupation of land, other than a fee simple interest, and includes without limiting the generality of the foregoing: (a) interests held by an occupant of land under a lease, licence or permit; (b) mortgages and charges; (c) assignments of rights, estates or interests in land for security or other purposes; (d) security interests on fixtures protected under The Personal Property Security Act; (e) easements and restrictive covenants and profits a prendre; (f) interests protected by caveat; (g) interests in Mines and Minerals; and (h) forage leases, casual grazing permits and renewable hay leases and permits but does not include (i) a right or interest which is to expire after a specified period, and which is not subject to renewal as a matter of law, established practice or the policy of Manitoba as at the Date of Execution, once that specified period expires; (j) trapping licences or permits; (k) Forest Management Licences, timber sale agreements or timber permits, subject to Subsections 3.03(25) to (38) inclusive; and (l) the right to levy Municipal and School Taxes;
Third Party Interest means any legal or equitable right, interest, power or Undepreciated in relation to the value of an Asset, means the value Works Location means a location where the Capital Works are to be