Freehold Property definition
Examples of Freehold Property in a sentence
It has not received notice of and is not aware of any intention of any Governmental Agency to revoke or resume any of the Tenements, the Water Licences, the Project Leases, the Freehold Property or Authorisations required in connection with the Project.
Each Obligor agrees to do everything necessary to remove any caveat, notification or dealing placed on the title to a Tenement, a Project Lease or a Freehold Property without the Agent's consent (acting on the instructions of the Majority Lenders) other than a Permitted Security.
Each Brand Company specified in the second column of part 1 of Schedule 5 as the registered proprietor of a Freehold Property is the sole legal and beneficial owner of that Freehold Property and has in its possession or control all documents of title to that Freehold Property.
For purposes of this Section 6.12, Owned Real Property shall not include the South Beloit Facility and the Waynesboro Facility and the UK Freehold Property at Keighly, England.
Out of the L27 million still outstanding, it is estimated that the business plan can justify only half being purchased in that time frame, with the balance to be paid out to Bookham; all other obligations of Marconi Optical under the Agreement, Transfer of Freehold Property and certain payment obligations under a Supply Agreement.