Ground Lease Reserved.
New Lease In the event of the termination of this Lease as a result of Tenant's default prior to the expiration of the term, or in the event of a rejection by Landlord or Tenant of this Lease under Chapter 11 of the Bankruptcy Code, Landlord shall, in addition to providing the notices of default and termination as required by this Lease, provide each Leasehold Mortgagee with written notice that the Lease has been terminated or that Landlord has filed a request with the Bankruptcy Court seeking to reject the Lease, together with a statement of all sums which would at that time be due under this Lease but for such termination or rejection, and of all other defaults, if any, then known to Landlord. Upon any request of the Leasehold Mortgagee, or its designee, Landlord agrees to enter into a new lease ("New Lease") of the Premises with such Leasehold Mortgagee or its designee for the remainder of the term of this Lease, effective as of the date of termination or rejection, as the case may be, at the Rent, and upon the terms, covenants and conditions (including all transfer rights, but excluding requirements which are not applicable or which have already been fulfilled) of this Lease; provided, however, that (i) the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (the "Senior Leasehold Mortgagee") shall have the right to give notice of its intent to enter into a New Lease to the Landlord for a period of 60 days from its receipt of the notice referred to in the first sentence of this Section 18.2.18 and (ii) if the Senior Leasehold Mortgagee does not exercise its right to enter into the New Lease during this 60-day period; the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (other than the Senior Leasehold Mortgagee) shall have the right to give notice of its intent to enter into a New Lease to the Landlord during the remainder of the period(s) specified below; and provided further, however,
B8 Property B8.1 Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.
Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.
Acreage 7. Existing Use of Property:
PARTICULARS OF SUBJECT PROPERTY TITLE : The strata title for the subject property has not been issued. TITLE NO : PN 53383, Xxx Xx.00000 (xxxxxxxx XX 00000, Xxx Xx.00000) XXXXX/XXXXXXXX/XXXXX : Xxxxx Xxxxxx / Xxxxx Xxxxxx / Wilayah Persekutuan Kuala Lumpur TENURE : Leasehold FLOOR AREA : 85.6 square metres (921.0 square feet) DEVELOPER/VENDOR : Garuda Searah Sdn Bhd (1134692-A) PURCHASER : Xxxx Xxxx Xxxxx ENCUMBRANCES : Assigned to RHB Bank Berhad [196501000373 (6171-M)] LOCATION AND DESCRIPTION OF THE SUBJECT PROPERTY The subject property is located within Residensi Hipster, Taman Desa, Kuala Lumpur. The subject property is an intermediate apartment unit identified as Developer's Parcel No.: C-39-10, Type:B1, Storey No. 39, Building No.Block C, with Accessory Parcel No.L6-171 and L6-172 and bearing postal address at Unit No.C-39-10, Residensi Hipster Xx.000, Xxxxx Xxxx, Xxxxx Xxxx, 00000 Xxxxx Xxxxxx. RESERVE PRICE : The subject property will be sold “as is where is basis” and subject to a reserve price of RM 380,700.00 ( RINGGIT MALAYSIA: THREE HUNDRED EIGHTY THOUSAND AND SEVEN HUNDRED ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder(“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”). Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx All intending bidders are required to deposit 10% of the fixed reserve price by bank draft/ cashier’s order only in favour of RHB Bank Berhad prior to the auction sale with the under mentioned Auctioneer and the balance of the purcLhase price is to be settled within ninety (90) days from the date of auction to RHB Bank Berhad via XXXXXX. Details of payment via XXXXXX, please liaise with Messrs Xxx Xxxxxxx & Xxxx. For further particulars, please contact MESSRS XXX XXXXXXX & LING, Solicitors for Assignee herein whose address is at Xxxxx 00, Xxxx Xxxxx, Xxxxxx Xxxxxxx Xxxxxxxx, Xx.0, Xxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000 0000 / Fax: 00-0000 0000 [Ref:CML- 08A/RHB(1)/LHC/43956/22] or under mentioned Auctioneer. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX No.36A, Tingkat Satu, Jalan Dato Hamzah ( Licensed Auctioneer ) 00000 Xxxxx , Xxxxxxxx Darul Ehsan H/P : 000-0000000 Tel : 00-00000000 / Fax: 00-00000000 H/P : 012-2738109 Our Ref: RA/RHB/CML/KL/3910-22(sri) PERISYTIHARAN JUALAN DALAM PERKARA MENGENAI PERJANJIAN KEMUDAHAN, SURAT IKATAN PENYERAHAN HAK (PENYERAHAN HAK PIHAK PERTAMA) XXX SURAT XXXXX XXXXX (XXXXX XXXXXXX) XXXXXXXXXX XXXXXXXXX 00XX FEBRUARI 2021 ANTARA RHB BANK BERHAD [ NO.SYARIKAT: 196501000373 (6171-M) ] PIHAK PEMEGANG XXXXX XXX/BANK XXX XXXX XXXX XXXXX ( XX.XX: 901017-14-5539 ) PIHAK PENYERAH HAK/PEMINJAM Dalam menjalankan xxx xxx kuasa xxxx diberi kepada Pihak Pemegang Serah xxx xxx di bawah Perjanjian Kemudahan, Surat Ikatan Penyerahan Hak (Penyerahan Hak Pihak Pertama) xxx Surat Kuasa Wakil (Pihak Pertama) kesemunya bertarikh 18hb Februari 2021 di antara Pihak Pemegang Serah Xxx xxx Pihak Penyerah Xxx xxx dalam Perjanjian Jual Beli antara Pihak Penyerah Xxx xxx Garuda Searah Sdn Bhd (“Pemaju”) bertarikh 22hb Disember 2020, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx xxx dengan dibantu oleh Xxxxxxxx yang tersebut di bawah. AKAN MENJUAL HARTANAH YANG DIPERIHALKAN DI BAWAH MELALUI LELONGAN AWAM PADA HARI JUMAAT, 25HB NOVEMBER 2022 PADA JAM 3.30 PETANG, DI RAJAN AUCTIONEERS SDN BHD, XX.00X, XXXXXXX XXXX, XXXXX XXXX XXXXXX, 00000 XXXXX, XXXXXXXX DARUL EHSAN. & Bakal pembida juga boleh membuat bidaan melalui atas talian (online) di xxx.xxxxxxxxxxxxxxxx.xxx (Untuk bidaan melalui atas talian (online), xxxx buat pendaftaran sekurang-kurangnya satu (1) hari bekerja sebelum tarikh lelongan untuk tujuan pengesahan.) NOTA: Penawar yang berminat adalah dinasihatkan agar (i) memeriksa hartanah tersebut xxx membuat siasatan mengenai pengeluaran xxxx xxxx individu strata berasingan (ii) meminta nasihat daripada Pihak Xxxxxx dalam semua perkara berkenaan dengan jualan lelongan, termasuk Syarat-syarat Jualan (iii) membuat carian Hakmilik Xxxxx xxxxxx rasmi di Pejabat Tanah xxx/atau xxxx-xxxx Pihak-pihak Berkuasa yang berkenaan xxx (iv) membuat pertanyaan dengan Pihak Berkuasa yang berkenaan samada jualan ini terbuka kepada semua bangsa atau kaum Bumiputra Warganegara Malaysia sahaja atau melayu sahaja xxx juga mengenai persetujuan untuk jualan ini sebelum jualan lelong.Penawar yang berjaya ("Pembeli") dikehendaki dengan segera memohon xxx mendapatkan kebenaran pindahmilik (jika ada) daripada Pihak Pemaju xxx/atau Pihak Tuanpunya xxx/atau Pihak Berkuasa Negeri atau badan-badan berkenaan (v) memeriksa xxx memastikan samada jualan ini dikenakan cukai. BUTIR-BUTIR HARTANAH :- HAKMILIK : Hakmilik strata bagi hartanah ini belum dikeluarkan. NO HAKMILIK : PN 53383, Xxx Xx.00000 (xxxxxxxxx XX 00000, Xxx Xx.00000) XXXXX/XXXXXX/XXXXXX : Xxxxx Xxxxxx / Xxxxx Xxxxxx / Wilayah Persekutuan Kuala Lumpur PEGANGAN : Pajakan selama KELUASAN LANTAI : 85.6 meter persegi (921.0 kaki persegi ) PEMAJU/PENJUAL : Garuda Searah Sdn Bhd (1134692-A) PEMBELI : Xxxx Xxxx Xxxxx BEBANAN : Diserahhak kepada RHB Bank Berhad [196501000373 (6171-M)] LOKASI XXX PERIHAL HARTANAH Hartanah tersebut terletak di dalam Residensi Hipster, Taman Desa, Kuala Lumpur. Hartanah tersebut adalah sebuah apartment unit pertengahan yang dikenali sebagai Xxxxx Pemaju No.: C-39-10, Jenis:B1, Tingkat No.39, Bangunan No.Blok C, dengan Xxxxx Aksessori No.L6-171 and L6-172 xxx mempunyai alamat surat-menyurat di Xxxx Xx.X-00-00, Xxxxxxxxx Hipster Xx.000, Xxxxx Xxxx, Xxxxx Xxxx, 00000 Xxxxx Xxxxxx. HARGA RIZAB : Harta ini dijual “keadaan seperti mana sediada” dengan harga rizab sebanyak RM 380,700.00 (RINGGIT MALAYSIA: TIGA XXXXX XXXXX PULUH XXXX XXX TUJUH RATUS SAHAJA) xxx tertakluk kepada syarat-syarat Jualan xxx melalui penyerahan hakkan dari Pemegang Serahak, tertakluk kepada kelulusan di perolehi oleh pihak Pembeli daripada pihak berkuasa, jika ada, termasuk semua terma, syarat xxx perjanjian yang dikenakan xxx mungkin dikenakan oleh Pihak Berkuasa yang berkenaan. Pembeli bertanggungjawab sepenuhnya untuk memperolehi xxx mematuhi syarat-syarat berkenaan daripada Pihak Berkuasa yang berkenaan, jika ada xxx semua xxx xxx perbelanjaan ditanggung xxx dibayar oleh Pihak Pembeli.Pembeli atas talian (online) juga tertakluk kepada terma-terma xxx syarat-syarat terkandung dalam xxx.xxxxxxxxxxxxxxxx.xxx Pembeli yang berminat adalah dikehendaki mendeposit kepada Pelelong 10% daripada harga rizab dalam bentuk Bank Draf atau Cashier’s Order di atas nama RHB Bank Berhad sebelum lelongan awam xxx xxxx xxxx xxxxxx hendaklah dibayar dalam tempoh sembilan puluh (90) hari dari tarikh lelongan kepada RHB Bank Berhad melalui XXXXXX. Butir-butir pembayaran melalui XXXXXX, xxxx berhubung dengan Tetuan Che Mokhtar & Ling. Untuk maklumat lanjut, xxxx berhubung dengan TETUAN XXX XXXXXXX & LING, yang beralamat di Xxxxx 00, Xxxx Xxxxx, Xxxxxx Xxxxxxx Xxxxxxxx, Xx.0, Xxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000 0000 / Fax: 00-0000 0000 [Ruj: CML-08A/RHB(1)/LHC/43956/22] ], peguamcara bagi pihak pemegang xxxxx xxx atau pelelong yang tersebut dibawah. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX No.36A,Tingkat Satu,Jalan Dato Xxxxxx, ( Xxxxxxxx Xxxxxxxx ) 41000 Klang, Selangor Darul Ehsan. H/P: 000-0000000 Tel: 00-00000000 / Fax : 00-00000000 H/P: 012-2738109 Ruj Kami: RA/RHB/CML/KL/3910-22(sri) CONDITIONS OF SALE
Leased Real Property Section 3.13(b) of the Company Disclosure Letter contains a true, correct and complete list of (i) all of the real property that is leased, subleased, licensed or otherwise used or occupied by, the Company or any of its Subsidiaries (such property, the “Leased Real Property”) and (ii) all leases, subleases, licenses or other Contracts pursuant to which the Company or its Subsidiaries use or occupy, or have the right to use or occupy, now or in the future, such Leased Real Property (each, a “Lease”). The Company has made available to Parent true, correct and complete copies of all Leases (including all material modifications, amendments and supplements thereto), and in the case of any oral Lease, a written summary of the material terms of such Lease. The Company and/or one of its Subsidiaries, as the case may be, have and own good, valid and subsisting leasehold interests in the Leased Real Property under each Lease, subject to proper authorization and execution of such Lease by the other party thereto and Permitted Liens, except in each case, as enforcement may be limited by the Enforceability Limitations, except as would not, individually or in the aggregate, have a Company Material Adverse Effect. With respect to each Lease and except as would not, individually or in the aggregate, have a Company Material Adverse Effect or materially and adversely affect the current use by the Company or its Subsidiaries of the Leased Real Property, (i) each Lease is in full force and effect and a valid, binding and legally enforceable obligation of the Company or its applicable Subsidiary, as the case may be, and, to the Knowledge of the Company, the other parties thereto (except in each case as may be limited by the Enforceability Limitations); (ii) each Lease has not been amended or modified in any material respect except as reflected in the modifications, amendments, supplements and side letters thereto made available to Parent; (iii) there is no existing material default or event of default by the Company or any of its Subsidiaries or, to the Knowledge of the Company, any other party thereto, under any Lease (iii) to the Knowledge of the Company, there are no disputes with respect to any Lease; (iv) neither the Company nor any of its Subsidiaries has collaterally assigned or granted any other security interest in such Lease or any interest therein; and (v) there are no Liens (other than Permitted Liens) on the estate or interest created by such Lease. The Leased Real Property is in all material respects in good operating condition and in a state of good and working maintenance and repair, ordinary wear and tear excepted, and is adequate and suitable for its current uses and purposes. There are no physical conditions or defects on any part of the Leased Real Property that would materially impair or would be reasonably expected to materially impair the continued operation of the business of the Company and its Subsidiaries as presently conducted at such Leased Real Property.
Notice to Proceed - Land Acquisition The acquisition of the Land shall not occur until the Director has issued a written Notice to Proceed for land acquisition to the Recipient (the "Notice to Proceed"). Such Notice to Proceed will not be issued until the Director has received a Request to Proceed acceptable to the Director and is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and any requirements for land acquisition set forth in this Agreement, including without limitation the OPWC's approval of the proposed Deed Restrictions and Title Agent. The Notice to Proceed also shall specify the time frame for the Closing.
Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.
Right of Way and Real Property The party named in Article 1, Responsible Parties, under AGREEMENT is responsible for the provision and acquisition of any needed right of way or real property. The Local Government shall be responsible for the following:
