U.S. Property definition

U.S. Property any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, in each case as and while located in the United States, including, without limitation, the Capital Stock of any Person formed and existing under the laws of the United States or any State or subdivision thereof.

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U.S. Property is defined to include four basic types of property: (1) tangible property located in the United States; (2) stock of a domestic corporation; (3) obligations of U.S. persons; and (4) certain items such as patents and copyrights used in the United States. Very generally, the amount of the income included in the U.S. Shareholder’s gross income under this provision is equal to the lesser of the adjusted basis of the U.S. property and the earnings and profits of the CFC. A U.S. Shareholder generally disregards any U.S. property that was acquired by the CFC before the first day on which it was treated as a CFC. The amount disregarded may not exceed the earnings accumulated in periods before the first day the foreign corporation became a CFC. Thus, QBDH’s investment in Quotient Biodiagnostics, Inc. could result in ▇▇▇▇▇ Partners V, L.P. being required to include an amount in gross income for U.S. federal income tax purposes, if QBDH becomes a CFC and additional QBDH earnings are invested in the subsidiary thereafter. PASSIVE FOREIGN INVESTMENT COMPANY REGIME

U.S. Property means, with respect to any Grantor, all personal property of such Grantor for which the validity, attachment, perfection, effect of perfection or non-perfection, or priority of any security interest therein would be governed by the Uniform Commercial Code (as in effect in any State of the United States) or any other laws of the United States of America or any State thereof.

Examples of U.S. Property in a sentence

• The liability of Principal Life Insurance Company hereunder is limited to the assets of its Principal U.S. Property Separate Account.

• US Property: Company to reimburse Employee for renter’s insurance for reasonable coverage of possessions kept in London residence.

• Landlord’s and Tenant’s representatives for coordination of construction and approval of change orders will be as follows, provided that either party may change its representative upon written notice to the other: Landlord’s Representative: F▇▇▇ US Property Income Fund II, L.P c/o D▇▇▇▇▇ ▇.

• As of the date of this Lease, any Notices to Landlord must be sent, transmitted, or delivered, as the case may be, to the following addresses: U.S. Property Fund GmbH & Co. KG c/o TMW Real Estate Management, Inc.

• Further details of the Previous Transaction (including the reasons for the indirect disposal of the Previous US Property by the Group pursuant to the Previous Transaction) were disclosed in the Previous Announcement.

• Since the date of their respective formation, except as set forth on Schedule 4.1(j) hereto none of the US Property GPs has incurred any Indebtedness, or carried on any business or activity other than acting as the general partner of the Property LP for which it acts as general partner on the date of this Agreement.

• Re: Lease Agreement (the “Lease”) dated , 20 , between F▇▇▇ US Property Income Fund II, L.P. (“Landlord ”), and , a (“ Tenant”).

• Notwithstanding anything contained in this Agreement to the contrary, no representation, warranty or covenant provided in this Agreement shall apply to any personal property of any Grantor if at the time such representation or warranty is made or deemed to be made, or if at the time such covenant is to be performed, as the case may be, such personal property is not US Property.

• Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the filing of U.S. Property Owner Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Member.

• The US Property is located at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇.

More Definitions of U.S. Property

U.S. Property the Property located in the United States as set out in part 5 of Schedule 9

U.S. Property the property, brief particulars of which are set out in part 2 of schedule 4;