Additional Property definition

Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.
Additional Property means land, including surface and air rights, or improvements to land that are described in an original declaration and that may be added in the future to an expandable condominium property.
Additional Property shall have the meaning ascribed in Section 2.3.

Examples of Additional Property in a sentence

  • APPROVED / DENIED by Are other parcels involved: ☐ No | ☐ Yes, APN: Please Describe: Additional Property Use Agreements will be required for each parcel.


More Definitions of Additional Property

Additional Property means the property described on Exhibit B attached hereto, all of any portion of which may from time to time be made subject to the Declaration pursuant to Article 2 hereof and which, when so subjected, shall become a part of the Property.
Additional Property shall have the meaning set forth in subsection 2.1(b).
Additional Property means any Mineral Rights or Surface Rights acquired within the Area of Interest and which become a part of the Properties as contemplated in Article 10.
Additional Property shall have the meaning assigned to such term in Section 9.21.
Additional Property means any property which may be added to an expandable condominium in accordance with the provisions of the declaration and this article.
Additional Property means the real property set out opposite the Additional Property Company which is the owner of such real property in Part II of Schedule 1 (Property Companies and Properties).
Additional Property means those Individual Properties set forth on Schedule XX hereto.