Examples of REO Assets in a sentence
I understand that such transfers will entail the transfer of all right, title and interest in the REO Assets on an absolute and non-recourse basis, and full risk of loss with respect to the REO Assets will pass to the DIP REO Subsidiary.
I also understand that RMS will have no right to receive any proceeds allocable to the REO Assets, and will not guarantee or otherwise pay to the DIP REO Subsidiary a specified yield (or adjust the purchase price post- sale).
TBW and the Trust have been actively attempting to donate certain REO Assets in Illinois.
In the course of transferring or otherwise disposing of its remaining REO Assets in Illinois, TBW and the Trust will endeavor to determine whether it is appropriate to donate any REO Assets in Illinois to not-for-profit agencies providing housing to low- income residents of Illinois, taking into account their duty to maximize recoveries for the benefit of the various creditor constituencies in the Bankruptcy Case.
Therefore, I believe that this Court should grant the relief requested in the DIP Motion and find that the sales of REO Assets to the DIP REO Subsidiary constitute “true sales” and not secured financings.
The City Manager is, in effect, the Chief Executive Officer, who answers to the ‘Board of Directors,’ the Mayor and City Council, elected by the citizens of Rowlett.” Plaintiff believed in good faith that both the City Manager and the City Attorney were authorized to regulate under, enforce, investigate, or prosecute a violation of the state’s sexual harassment and other laws and policies.
All Real Property (other than REO Assets) owned by a Credit Party as of the Closing Date, with a book value as of September 30, 2017 of at least $5,000,000, is set forth on Schedule 3.12.
The transfers will entail the transfer of all right, title and interest in the REO Assets on an absolute and non-recourse basis, and full risk of loss with respect to the REO Assets will pass to the DIP REO Subsidiary.
Pursuant to the BofA Global Settlement Stipulation, the Designated REO Assets are to be held in trust for the benefit of Creditors other than the BofA Syndicate.
Suggested As-Is List Price: $ 18000000.00 Suggested As-Repaired Value: $ Must be completed on all non-HUD REO Assets (HUD assets do not require the 30 day value): 30-Day As-Is Value: $ 30-Day As-Repaired Value: $ COMMENTS:(Include specific positives/negatives, unique features, special concerns, encroachments, easements, water rights, environmental concerns, flood zones, etc.) Large development parcels in DTSP are very rare are usually sourced off market.