Charged Premises definition

Charged Premises means the property and undertaking subject to the Security.

Charged Premises means the lands and premises legally described in Schedule "B";

Charged Premises has the meaning specified in the Debenture.

Examples of Charged Premises in a sentence

• Not to assign or transfer this Charge to any purchaser, assignee, or other successor in title to the Charged Premises without the Chargee’s express consent in writing.

• At all times to comply with the restrictive covenants (if any) endorsed on the Land Register for the Charged Premises or any Buildings thereon and not to use the Charged Premises or any Buildings thereon for any purpose other than that permitted by such restrictive covenants and not to alter or add to or cause to be altered or added to any Building structure or erection on the Charged Premises without the written consent of the Chargee first had and obtained.

• At all times duly and regularly to pay all rates, taxes, assessments and outgoings now or hereafter to become due and payable in respect of the Charged Premises and to produce on demand all receipts and vouchers in proof of such payments.

• Not to without the written consent of the Chargee first had and obtained which consent shall not be unreasonably withheld make or permit or suffer to be made any material change or additions whatsoever in or to the Charged Premises or the Buildings the subject of this security or the use hereof.

• Not to apply for or accept any loan which by virtue of any law or regulation will rank pari passu with or in priority to this security in respect of the Charged Premises the subject of this Charge nor to do any act which shall have the effect of diminishing or decreasing the value of the security hereby charged without first obtaining the written consent of the Chargee.

More Definitions of Charged Premises

Charged Premises means the legal description of the land as set in Schedule “A” of the Agreement.

Charged Premises means the lands and premises described in the Charge, including all improvements thereto and all fixtures forming a part thereof;

Charged Premises means all legal and beneficial right, title, estate and interest of the Chargor in and to the Lands (pursuant to the Lease or otherwise), together with all buildings, structures, fixtures and improvements of any kind or nature now or hereafter located on such Lands and all equipment, subleases, rents and all other appurtenances hereto.

Charged Premises means the parcel or parcels of land on which the Chargor intends to develop the Project and to which this Charge applies;

Charged Premises means collectively the Assigned Property and Mortgaged Property;

Charged Premises means the lands and premises described in this Charge as the “Property” (the “Land”) together with all appurtenances thereto and rights and benefits (including density rights) in respect thereof (and all renewals, extensions and amendments or substitutions thereof); and all buildings, structures, improvements, appurtenances, attachments, fixtures and fixed equipment located on, in or under the Land, including all systems, including heating, ventilation, air-conditioning, electrical, lighting, plumbing and water systems and all elevators, escalators, floor coverings, furnaces and boilers and fittings and other fixed plant, machinery and equipment presently situated on or under the Land or which may at any time hereafter be constructed or brought or placed on or under the Land or used in connection with the Land; all substitutions and replacements of and increases, additions and, where applicable, accessions to the foregoing.

Charged Premises means the Lands and the Improvements, Leases, Rents, Equipment, Expropriation awards, insurance proceeds and proceeds of tax appeals;