Real Estate Investment Trust means that term as defined under section 856 of the internal revenue code. Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries. Other Real Estate means all interests in real estate (other than Bank Premises and Fixtures), including but not limited to mineral rights, leasehold rights, condominium and cooperative interests, air rights and development rights that are owned by the Failed Bank. Real Estate Leases has the meaning set forth in Section 2.1(d)(ii). Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries. Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling 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.Ĭommercial real estate means real estate or an interest in real estate that is not any of the following: 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. The Company does not record operating losses of a Real Estate Venture in excess of its investment balance unless the Company is liable for the obligations of the Real Estate Venture or is otherwise committed to provide financial support to the Real Estate Venture. He has taken HDFC beyond housing finance and built it into a formidable financial conglomerate that offers services in banking, asset management, life insurance, general insurance, and education finance, including a Real Estate Venture Fund. HDFC has received the highest rating for its bonds and deposits program for Twenty-three years in succession.As part of HDFC’s diversification initiatives, the company has set up institutions in various fields including Banking, Insurance, life and General, Asset Management, Real Estate Venture Fund and Education Finance. This amount includes the effect of the basis difference between the Company's historical cost basis and the basis recorded at the Real Estate Venture level, which is typically amortized over the life of the related assets and liabilities. HDFC has received the highest rating for its bonds and deposits program for Twenty-three years in succession.As part of HDFC’s diversification initiatives, the company has set up institutions in various fields including Banking, Insurance, life and General, Asset Management, Real Estate Venture Fund, Real Estate and Education Finance.Ĭonsistent with this well-established division of authority, the Delaware General Corporation Law (“DGCL”) authorizes Delaware corporations to adopt provisions in their charters or bylaws that govern the internal affairs of the corporation. HDFC has received the highest rating for its bonds and deposits program for Twenty-four years in succession.As part of HDFC’s diversification initiatives, the company has set up institutions in various fields including Banking, Insurance, life and General, Asset Management, Real Estate Venture Fund and Education Finance.īasis differentials occur from the impairment of investments, purchases of third party interests in existing Real Estate Ventures and upon the transfer of assets that were previously owned by the Company into a Real Estate Venture. HDFC has received the highest rating for its bonds and deposits program for Twenty-six years in succession.As part of HDFC’s diversification initiatives, the company has set up institutions in various fields including Banking, Insurance, life and General, Asset Management, Real Estate Venture Fund and Education Finance. HDFC has received the highest rating for its bonds and deposits program for Twenty-five years in succession.As part of HDFC’s diversification initiatives, the company has set up institutions in various fields including Banking, Insurance, life and General, Asset Management, Real Estate Venture Fund and Education Finance. Examples of Real Estate Venture in a sentence
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