Existing Encumbrance definition

Existing Encumbrance means any Encumbrance existing as at the Original Execution Date, details of which are set out in Part 1 of Schedule 10 (Existing Encumbrances).

Existing Encumbrance means the Encumbrance arising from the Existing Loan.

Existing Encumbrance has the meaning given to it in Clause 18.17 (Security)

Examples of Existing Encumbrance in a sentence

• All such title deeds are in the possession of the lenders under the Existing Loans (as part of the Existing Encumbrance).

• Buyer and Seller agree to use their good faith, diligent efforts to obtain from Beneficiary as soon as possible such consent (which shall, inter alia, contain customary information from Beneficiary regarding the outstanding principal and interest under the Existing Encumbrance) and the form of the agreements (the "TIAA CONSENT AGREEMENTS"), if any, Beneficiary will require from Buyer and Seller.

• Originals, if available, otherwise true, correct and complete copies of all documents relating to or constituting the Existing Encumbrance.

• Seller shall pay the cost and expense of any assumption fee required by the terms of the Existing Encumbrance, a standard coverage title policy in the amount of the Purchase Price, the cost of the original Survey, the cost of any title curative endorsements, one-half of the escrow fee of Escrow Holder, one-half of any documentary transfer taxes payable in connection with the recordation of the Deed and Ground Lease Assignment and one-half of any other Closing costs not specifically apportioned hereunder.

• The amount of the outstanding principal balance of the Existing Encumbrance and unpaid interest (including per diem interest to Close of Escrow)as of the Close of Escrow (collectively, "ENCUMBRANCE AMOUNT") shall be established by a statement from the Beneficiary placed into Escrow prior to the Close of Escrow, and Buyer shall be credited with such Encumbrance Amount upon the Close of Escrow.

More Definitions of Existing Encumbrance

Existing Encumbrance means any Security existing on the date hereof over assets of any member of the Group details of which are set out in a list delivered to the Agent prior to the date hereof.

Existing Encumbrance. - means that floating charge, ranked subordinate to the charge under the Debenture, in favour of the State of Israel and securing Grants made by the Investment Centre in respect of Fab 1, a copy of which is attached hereto as SCHEDULE 1.1.53;

Existing Encumbrance means that floating charge, ranked subordinate to the charge under the Debenture, in favour of the State of Israel and securing Grants made by the Investment Centre in respect of Fab 1, a copy of which is attached hereto as SCHEDULE 1.1.53;

Existing Encumbrance means an Encumbrance described in Schedule 5.

Existing Encumbrance has the meaning set forth in Section 5.6(c)(iv).

Existing Encumbrance means an encumbrance listed in the Tenth Schedule hereto;

Existing Encumbrance means the Encumbrances as listed in Schedule 11;