Scheduled Property Sample Clauses

Scheduled Property. The Corporation does not own or lease any real or tangible personal property. The Corporation has and on the closing date will have good and marketable title to all of its properties and assets reflected in the Closing Financial Statements free and clear of all defects, liens, encumbrances, claims or rights of third parties.
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Scheduled Property. No HS Loan Party shall grant or create (or permit any Subsidiary of such HS Loan Party to grant or create), or suffer the existence of, any Liens on any Scheduled Property, except for Permitted Liens and mortgage Liens securing Indebtedness permitted under Section 9.4; provided that in the case of Liens securing the Indebtedness described in Section 9.4(e) the loan to value ratio applicable to each Property subject to any such Lien securing any such Indebtedness shall be at least 50%, provided, further, that all prepayments required under Section 2.2 in connection with any transaction referred to in this clause (b) shall be made within the time required by such Section.
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Scheduled Property. By way of first fixed charge by way of legal mortgage, the properties identified below as the “Schedule Property” (the “Schedule Property”) and all right, title and interest from time to time in any lease, license or occupational right or any renewal thereof (the “Rights”) relating to the Scheduled Property. The “Scheduled Property” shall be (a) leasehold property at unit 1 Melbourne Business Court, Millennium Way, Pride Park, Derby; (b) tenancies of 4 and 00 Xx Xxxxxxxx Xxxxx, Friars Street, Ipswich, Suffolk, IP1 1TG; and (c) leasehold of third and fourth floor, Xxx Xxxxx Xxxxxxx, Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxx, XX0 0XX.
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Scheduled Property. No HS Loan Party shall grant or create (or permit any Subsidiary of such HS Loan Party to grant or create), or suffer the existence of, any Liens on any Scheduled Property, except for Permitted Liens and mortgage Liens securing Indebtedness permitted under Section 9.4; PROVIDED that in the case of Liens securing the Indebtedness described in Section 9.4(f) the loan to value ratio applicable to each Sale Property subject to such any Lien securing any such Indebtedness shall be at least 50%, and PROVIDED FURTHER, that all prepayments required under Section 2.2 in connection with any transaction referred to in this clause (b) shall have been made.
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Scheduled Property. 32 3.2.4 Discretionary Property. . . . . . . . 33 3.2.5 Refinanced Property . . . . . . . . . 34 3.2.6 Limit on Purchase Money Financing . . 35 3.3 Additional Mortgaged Properties and Additional Other Collateral . . . . . . . . . . . . . . . . . . . . . . . . 35
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Scheduled Property. With respect to any proposed sale of a Scheduled Property, a Borrower shall deliver to the Agent a request for the release of such Scheduled Property which shall: (i) set forth the legal description for the Scheduled Property, (ii) include, if platted, the plat showing the location thereof, or if not platted, a survey thereof indicating the relation of such Scheduled Property to the Mortgaged Property of which it is a part, (iii) include a copy of the proposed draft contract for the sale thereof and (iv) the proposed gross sales price therefor. Provided there shall then exist no Event of Default or event which with the passage of time or giving of notice or both would constitute an Event of Default hereunder, and further provided that the gross sales price, subject to such adjustments as provided in the proposed contract, shall equal or exceed the Minimum Permitted Price for such Scheduled Property, then, within five (5) Business Days following receipt of any such request for release, the Agent shall deliver to such Borrower's designated closing agent (which shall be reasonably satisfactory to the Agent) a Partial Release from the Lien of the applicable Mortgage for such Scheduled Property, in escrow. In the event that the Agent shall refuse to deliver such Partial Releases because of its determination that an Event of Default or a condition which with the giving of notice or passage of time would constitute an Event of Default, the Agent shall notify the Borrowers of such Event of Default or condition, in writing, within such five (5) day period. If the proposed gross sales price for such Scheduled Property shall be less than the Minimum Permitted Price therefor, the Agent shall, within five (5) Business Days after receipt of such Borrower's request for release, deliver such request for release to the Lenders for their review. If the Required Lenders shall approve the sale of such Scheduled Property for the proposed gross sales price, then within five (5) Business Days following receipt of the written approval of the Required Lenders to such sale for such proposed gross sales price, the Agent shall deliver to the closing agent a Partial Release from the Lien of the applicable Mortgage for such Scheduled Property, in escrow. It shall be a condition to any escrow thereof that a Partial Release for a Scheduled Property shall be released from escrow only if the actual gross sales price shall be equal to or exceed the lesser of the proposed gross sales price o...
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Scheduled Property. All property and other rights listed as assets of the Company in the schedules or exhibits attached to this Agreement;
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Scheduled Property. Prior to commencement of the Term, the Owner shall give required Property data as per the format set out by EZPG.
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Scheduled Property. All that piece and parcel of deluxe villa on bearing plot no. admeasuring about sq. yds, along with construction having a total built up area of sft, in the project known as “Nilgiri Estates” forming part of Sy. Nos. 75, 77, 78, 79, 96 & 100/2 of Rampally Village, Keesara Mandal, Ranga Reddy District, marked in red in the plan annexed hereto and bounded on: North South East West IN WITNESSES WHEREOF this Sale Deed is made and executed on date mentioned above by the parties hereto in presence of the witnesses mentioned below: WITNESS: 1. VENDOR No. 1 2. VENDOR No. 2 V E N D E E N E X T U R E – 1 – A
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Related to Scheduled Property

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Occupancy of the Mortgaged Property As of the date of origination, the Mortgaged Property was lawfully occupied under applicable law;

  • Mortgaged Property Undamaged The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended;

  • Leased Properties Section 3.22 of the Disclosure Schedule sets forth a list of all of the leases and subleases ("Leases") and each leased and subleased parcel of real property in which the Company has a leasehold or subleasehold interest or to which the Company is a party either as landlord or sublandlord (the "Leased Real Property"). Each of the Leases are in full force and effect, and the Company holds a valid and existing leasehold or subleasehold interest or Landlord or Sublandlord interest as applicable, under each of the Leases described in Section 3.22 of the Disclosure Schedule. The Company has delivered to HK true, correct, complete and accurate copies of each of the Leases. With respect to each Lease set forth on Section 3.22 of the Disclosure Schedule: (i) the Lease is legal, valid, binding, enforceable and in full force and effect; (ii) to the Knowledge of the Company the Lease will continue to be legal, valid, binding, enforceable and in full force and effect on identical terms following the Closing; (iii) neither the Company, nor, to the Knowledge of the Company, any other party to the Lease, is in breach or default, and no event has occurred which, with notice or lapse of time, would constitute such a breach or default by the Company or permit termination, modification or acceleration under the Lease by any other party thereto; (iv) the Company has not, and, to the Knowledge of the Company, no third party has repudiated any provision of the Lease; (v) there are no disputes, oral agreements, or forbearance programs in effect as to the Lease; (vi) the Lease has not been modified in any respect, except to the extent that such modifications are disclosed by the documents delivered to HK; (vii) the Company has not assigned, transferred, conveyed, mortgaged, deeded in trust or encumbered any interest in the Lease (except for Permitted Liens); and (viii) the Lease is fully assignable to HK without the necessity of any consent or the Company shall obtain all necessary consents prior to the Closing.

  • REO Property A Mortgaged Property acquired by the Servicer on behalf of the Trustee through foreclosure or by deed in lieu of foreclosure, as described in Section 3.17.

  • Real Property; Fixtures Each Grantor covenants and agrees that upon the acquisition of any fee interest in Real Property having a fair market value in excess of $1,000,000 it will promptly (and in any event within two (2) Business Days of acquisition) notify Agent of the acquisition of such Real Property and will grant to Agent, for the benefit of the Lender Group and the Bank Product Providers, a first priority Mortgage on each fee interest in Real Property now or hereafter owned by such Grantor and shall deliver such other documentation and opinions, in form and substance satisfactory to Agent, in connection with the grant of such Mortgage as Agent shall request in its Permitted Discretion, including title insurance policies, financing statements, fixture filings and environmental audits and such Grantor shall pay all recording costs, intangible taxes and other fees and costs (including reasonable attorneys fees and expenses) incurred in connection therewith. Each Grantor acknowledges and agrees that, to the extent permitted by applicable law, all of the Collateral shall remain personal property regardless of the manner of its attachment or affixation to real property;

  • Mortgaged Property Undamaged; No Condemnation Proceedings There is no proceeding pending or threatened for the total or partial condemnation of the Mortgaged Property. The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended and each Mortgaged Property is in good repair. There have not been any condemnation proceedings with respect to the Mortgaged Property and the Seller has no knowledge of any such proceedings in the future;

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"):

  • Additional Property Collateral shall also include the following property (collectively, the “Additional Property”) which Pledgor becomes entitled to receive or shall receive in connection with the Collateral: (a) any stock certificate, including without limitation, any certificate representing a stock dividend or any certificate in connection with any recapitalization, reclassification, merger, consolidation, conversion, sale of assets, combination of shares, stock split or spin-off; (b) any option, warrant, subscription or right, whether as an addition to or in substitution of the Collateral; (c) any dividends or distributions of any kind whatsoever, whether distributable in cash, stock or other property; and (d) any conversion or redemption proceeds; provided, however, that until the occurrence of an Event of Default (as hereinafter defined), Pledgor shall be entitled to all cash dividends and all interest paid on the Collateral free of the security interest created under this Agreement. All Additional Property received by Pledgor shall be received in trust for the benefit of Secured Party. All Additional Property and all certificates or other written instruments or documents evidencing and/or representing the Additional Property that is received by Pledgor, together with such instruments of transfer as Secured Party may request, shall immediately be delivered to or deposited with Secured Party and held by Secured Party as Collateral under the terms of this Agreement. If the Additional Property received by Pledgor shall be shares of stock or other securities, such shares of stock or other securities shall be duly endorsed in blank or accompanied by proper instruments of transfer and assignment duly executed in blank with, if requested by Secured Party, signatures guaranteed by a member or member organization in good standing of an authorized Securities Transfer Agents Medallion Program, all in form and substance satisfactory to Secured Party.

  • Leasehold Properties In relation to those Properties which are leasehold:

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