Initial Transferred Property definition

Initial Transferred Property means the property and proceeds conveyed pursuant to Section 2.1.
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Initial Transferred Property shall have the meaning specified in Section 2.1(a) hereof.
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Initial Transferred Property means the property and proceeds conveyed pursuant to S ection 2.1.
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Examples of Initial Transferred Property in a sentence

  • Immediately upon the vesting of the Transferred Property in the Trust, the Trust, pursuant to the Grantor Trust Agreement, will (i) on the Closing Date, simultaneously contribute the Initial Transferred Property to the Grantor Trust in exchange for the Grantor Trust Certificate, and (ii) on each Subsequent Transfer Date, upon its acquisition of Subsequent Transferred Property, simultaneously therewith contribute such Subsequent Transferred Property to the Grantor Trust.


More Definitions of Initial Transferred Property

Initial Transferred Property. All of the Seller's right, title and interest, whether now owned or existing or hereafter created, arising, or acquired, in, to and under the following: (i) the Initial Mortgage Loans (including the Cut-Off Date Principal Balances of such Initial Mortgage Loans now existing and all Additional Balances arising thereunder after the Cut-Off Date through and including the date immediately preceding the commencement of the Rapid Amortization Period), all interest due or to become due thereon on or after the Cut-Off Date, all monies due or to become due thereon, all collections in respect thereof received on or after the Cut-Off Date and all accounts, chattel paper, general intangibles, contract rights and certificates of deposit related to the Initial Mortgage Loans; provided, however, that any Principal Balance represented by a Draw made during the Rapid Amortization Period and interest thereon and money due or to become due in respect thereof will not be or be deemed to be transferred to the Purchaser, and the Seller in such event shall retain ownership of each Principal Balance represented by each such Draw and interest thereon and money due or to become due in respect thereof; (ii) the interest of the Seller in any insurance policies in respect of the Initial Mortgage Loans; (iii) the interest of the Seller in the Mortgages and the Loan Agreements related to each Initial Mortgage Loan and the other Related Documents and (iv) all proceeds of the foregoing.
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Initial Transferred Property shall have the meaning specified in Section 2.1(a) of the Purchase Agreement. Annex A-16
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Initial Transferred Property. The property transferred and assigned by the Transferor to the Trust pursuant to Section 2.01 hereof, except for the Initial Unpaid Amounts relating thereto.
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Initial Transferred Property means (a) (i) any Initial Equipment that is owned by the Phoenix Finance Subsidiary and any and all income and proceeds from such Initial Equipment, but subject to the rights of any User to quiet enjoyment of such Initial Equipment under the related Initial Lease and (ii) any security interest of the Phoenix Finance Subsidiary in any of the Initial Equipment that is not owned by the Phoenix Finance Subsidiary, (b) the Initial Leases, including, without limitation, all Scheduled Payments, Residual Receipts and any other payments due with respect to the Initial Leases after the Cut-Off Date relating to such Initial Leases, (c) any guarantees of a User's obligations under an Initial Lease, (d) all other documents in the Lease Files with respect to the Initial Leases, including, without limitation, any Uniform Commercial Code financing statements relating to the Initial Leases or the Initial Equipment, (e) any Insurance Policies and Insurance Proceeds with respect to the Equipment, (f) all of the Phoenix Finance Subsidiary's right, title and interest in and to, and rights under, the Contribution Agreement, (h) the Security Deposits and (i) any and all income and proceeds of any of the foregoing; provided, however, that the right, title and interest in and to the Initial Unpaid Amounts relating to the Initial Equipment, or to any warrants issued by a User to PLI, shall not be transferred or assigned pursuant hereto.
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Initial Transferred Property means the property transferred and assigned by the Depositor to the Trust pursuant to Section 2.01 of the Pooling and Servicing Agreement, except for the Initial Unpaid Amounts relating thereto.
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Related to Initial Transferred Property

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

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • 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.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • 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.

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • 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.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Transition Property means the property right created by a financing order, including without

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Transferred Assets has the meaning set forth in Section 2.1.

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

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Abandoned property means personal property left by an owner who intentionally

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • 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.

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

  • Released Property shall have the meaning set forth in Section 2.9 hereof.

  • New property means (i) the assessed value, after final