Partial Interest definition

Partial Interest means, with respect to any Person that is a direct or indirect non-Wholly-Owned Subsidiary or Consolidated Affiliate of (i) the Borrower or (ii) the REIT (other than the Borrower and its Subsidiaries), the Ownership Share of such Person that is held by a Person other than the REIT, the Borrower or a Wholly-Owned Subsidiary of the REIT or the Borrower.
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Partial Interest has the meaning given to it in Section 4.2.
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Partial Interest. The ownership interest (determined based on its right to receive cash flow and other distributions) of Land Company or Commercial Company, whether such interest is evidenced by a partnership interest or otherwise, in certain Persons which own office, retail, research/industrial and multifamily properties more particularly described in Schedule 1.4 hereto, together with such additional interests as may hereafter be approved as provided in Section 5.
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Examples of Partial Interest in a sentence

  • Amortization Type Amortizing Full Term Interest Only Partial Interest Only Current Index The published Index that is effective on the Business Day immediately preceding the applicable Rate Change Date.

  • Armstrong Coal’s payment of the five percent (5%) per ton royalty shall completely satisfy the Earned Royalty obligations owed for both Cyprus Creek’s #9 Owned Partial Interest Tracts being leased herein and the #9 Leased Premises being subleased herein.

  • Each Partial Interest Amount is determined as above on the basis of the product of the relevant Interest Rate, the Calculation Amount Interest Portion and the Day Count Fraction, unless a Partial Interest Amount (or a formula for its calculation) is specified in respect of such period and Calculation Amount Interest Portion.

  • Form of the Covered Bond: N Covered Bond (gedeckte Namensschuldverschreibung) (i) Registrar: [Name and address] (ii) Paying Agent [Name and address] Method of payment of partial interest upon transfers during interest periods (Condition 9.02): [Eurobond Interest Upon Transfer(s)] OR [Partial Interest Upon Transfer(s)] (iii) Calculation Agent: [Not applicable][Name and address] (iv) Settlement Procedures: Delivery [against/free of] payment.

  • Upon any such permitted assignment of the assignor’s Interest, and after such assumption, the assignee shall become a Member in place of (or in the case of a Partial Interest in addition to) the assignor and the assignor shall, in the case of an assignment of the Entire Interest, be relieved of its agreements and obligations hereunder arising after such assignment.

  • For avoidance of doubt, the following are not included in this Scope of Work: ● Adding annotations directly on deed images within Company Platform o As described in Section 2.3, Company will copy deed images to Assessor Network drive from which Megabyte can read, but Company can assist in the editing or annotation of the images ● Extraction of Partial Interest percentages o Customer will use Company’s Partial Interest module to transfer ownership.

  • An executed counterpart of each such assignment, whether of a Partial Interest or an Entire Interest, in the Company and assumption of a Member’s obligations shall be delivered to each Member and to the Company.

  • Patch hereby agrees to grant to ▇▇▇▇▇▇▇▇▇ the right to earn the Partial Interest.

  • TO HAVE AND TO HOLD the Terminals LP Partial Interest of the OLP unto WNGL LLC, its successors and assigns, together with all and singular the rights and appurtenances thereto in anywise belonging, subject, however, to the terms and conditions stated in this Agreement, forever.

  • Company Platform will flag relevant transfers as Partial Interest (using the Partial Interest Flag).


More Definitions of Partial Interest

Partial Interest. (a) A senior, pari passu or junior participation interest in a Commercial Real Estate Loan (including a Mezzanine Loan), (b) a pari passu interest in a REOC Debt, (c) a pari passu interest in a Preferred Equity Interest, and (d) a senior, pari passu or subordinate “note” or “certificate” (or a senior, pari passu or junior participation in any of the foregoing) in an “A/B” or similar structure evidencing any of the foregoing.
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Partial Interest. A pari passu note, a “B-note” in an “A/B structure”, or such other note representing a portion of a commercial real estate mortgage loan.
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Related to Partial Interest

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid-up capital of the company; or the capital subscribed by all the partners of a partnership firm.

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Personal interest means a financial benefit or liability accruing to an officer or employee or to a

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class C Additional Interest is defined in Section 4.1(c).