Additional Mortgage Financing means the financing of a Property provided by a reputable commerical bank , fund or other financing provider and not constituting an Approved Mortgage Financing or a Contruction Financing.
Additional Mortgage Financing means the financing of a Property provided by a reputable commercial bank and not constituting an Approved Mortgage Financing or a Construction Financing.“Additional Mortgage Financing Proceeds” means the net proceeds received by a PropCo and/or the Issuer (as the case may be) from an Additional Mortgage Financing incurred by a PropCo and/or the Issuer (as the case may be)."Affiliate" means, in relation to any specified person: (i) any person which is a Subsidiary of the specified person, (ii) any person who has Decisive Influence over the specified person (directly or indirectly), and (iii) any person which is a Subsidiary of an entity who has Decisive Influence (directly or indirectly) over the specified person."Approved Mortgage Financing" means the initial financing of a Property (other than the Roskilde Property), incurred and/or assumed by the relevant PropCo in connection with the acquisition of such Property, being:(a) in relation to the Blegdamsvej Property, financing provided by a reputable commercial bank in the amount of maximum DKK 100,000,000; and(b) in relation to the Købmagergade Property, financing provided by a reputable commercial bank in the amount of maximum DKK 55,000,000."Blegdamsvej PropCo" means BV 124 ApS (CVR nr. 40689923), a private limited liability company incorporated in Denmark, owning the Blegdamsvej Property."Blegdamsvej Property" means the real property title no. 95a Udenbys Klædebo Kvarter, København located at Blegdamsvej 124, København K, Denmark."Construction Financing" means (i) any future bank financing provided by reputable commercial banks to the Issuer for the purpose of developing theProperties (a “Bank Construction Financing”) or (ii) any Construction Financing obtained by and via Jönsson Enterprise A/S (or any subsidiary, sister or parent company of Jönsson Enterprise A/S), Skanska, CG Jensen or another reputable and equivalent competitor to the aforementioned construction companies on equivalent terms as if provided as a Bank Construction Financing ."Decisive Influence" means a person having, as a result of an agreement or through the ownership of shares or interests in another person (directly or indirectly):(a) a majority of the voting rights in that other person; or(b) a right to elect or remove a majority of the members of the board of directors of that other person.“DKK Escrow Account” means a DKK bank account opened by the Issuer with a reputable Nordic bank and pledged in favour of the Trustee (on beha...
Examples of Additional Mortgage Financing in a sentence
In additions to other proposed amendments, the Issuer further propose to extend the deadline for the Issuer to deliver its annual report from four months to five months due to the increased time required by the auditors and finally to amend the definition of Additional Mortgage Financing to allow the Issuer to seek financing from other providers than reputable commercial banks should the need arise.
Additional Mortgage Financing Your RFP submission should describe mortgage financing that is required to complete the project, and include any financing commitments or term sheets that have been obtained in connection with the project.