Real Estate Holding Company definition

Real Estate Holding Company means a company which as its primary function acquires and holds interests in immovable property;
Real Estate Holding Company means an organization which is engaged principally in owning, holding, selling, or leasing real estate and which owns real estate or an interest in real estate within the state.
Real Estate Holding Company means a business organization, as defined in RSA 77-A:1,I, which is engaged in the business of holding, selling or leasing real estate which derives more than 50 percent of its annual gross receipts from the ownership or disposition of real estate; or holds real estate, the fair market value of which comprises more than 50 percent of the total market value of the assets of the company, exclusive of goodwill.

Examples of Real Estate Holding Company in a sentence

  • This Agreement shall inure to the benefit of, and shall be binding upon, the Agency, the Real Estate Holding Company, the Operating Company and their respective successors and assigns.

  • No consent, approval or authorization of, or filing, registration or qualification with, any Governmental Authority on the part of the Real Estate Holding Company is required as a condition to the execution, delivery or performance of this Agreement by the Real Estate Holding Company or as a condition to the validity of this Agreement.

  • The Real Estate Holding Company has duly authorized the execution, delivery and performance of this Agreement and the consummation of the transactions herein contemplated.

  • This Agreement is the legal, valid and binding obligation of the Real Estate Holding Company enforceable in accordance with its terms.

  • Pursuant to the provisions of the Lease Agreement and the Equipment Lease Agreement, the Real Estate Holding Company and the Operating Company, jointly and severally, will be required to pay all taxes and assessments lawfully levied and/or assessed against the Project Facility, including taxes and assessments levied for the current tax year and all subsequent tax years until the Project Facility shall be entitled to exempt status on the tax rolls of the respective Taxing Entities.

  • If to the Real Estate Holding Company: 0000 Xxxxxxxx Xxxxx, LLC 000 Xxxxx Xxxxxx Xxxxxx Xxxxxxxx, Xxx Xxxx 00000 Attention: Xxxxxx X.

  • The Real Estate Holding Company has the legal power under the laws of the State of New York to enter into this Agreement and the transactions contemplated hereby and to perform and carry out all covenants and obligations on its part to be performed under and pursuant to this Agreement.

  • Pursuant to Section 874(5) of the Act of New York, as amended, if the Real Estate Holding Company shall fail to make or cause to be made any such payments in lieu of real estate taxes when due, the amount or amounts so in default shall continue as an obligation of the Real Estate Holding Company until fully paid, and the Real Estate Holding Company hereby agrees to pay or cause to be paid the same, together with a late payment penalty equal to five percent (5%) of the amount due.

  • All payments by the Real Estate Holding Company and/or the Operating Company hereunder shall be paid to the Agency by check in lawful money of the United States of America.

  • Subject to Section 3.01 hereof, the Agency will reasonably cooperate with the Real Estate Holding Company and the Operating Company to preserve the tax-exempt status of the Project Facility and to achieve the purposes and effect of this Agreement.


More Definitions of Real Estate Holding Company

Real Estate Holding Company means GSL (Kunshan) Development Co., Ltd., or such other Subsidiary of the Warrantholder that holds all title to and interest in the KunShan and Beijing Assets at the time of a Stock Exchange Exercise.
Real Estate Holding Company is set forth in the first paragraph of this Agreement.
Real Estate Holding Company a special purpose subsidiary of the --------------------------- Borrower (or any Subsidiary) formed solely to hold one or more parcels of Real Property in connection with a Non-Recourse Financing.
Real Estate Holding Company means IIT REAL ESTATE HOLDCO LLC, a Delaware limited liability company
Real Estate Holding Company means56:

Related to Real Estate Holding Company

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • State hospital means the Arizona state hospital.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Holdings as defined in the preamble hereto.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.

  • Public utility holding company means: (1) any company that,

  • Real Estate Investment Trust means that term as defined under section 856 of the internal revenue code.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.