Land Charge means all documents to be executed by the Borrower required for the creation of a first ranking land charge in chapter III over all real property of the Borrower located at Xxxxxxxxxxxx Xxxxxxxxxxx, 00000 Dresden, partial area of approximately 199,000 square meters of the parcel (Flurstück) 121/5 in the communal district Wilschdorf, currently file 851 of the land register at the land registry Dresden for Wilschdorf and the security purpose agreement (Zweckbestimmungserklärung) in relation to such land charge.
Land Charge means the first ranking land charge without certificate (Buchgrundschuld) in the amount of EUR 75,000,000 (plus 16% interest p.a. and 10% one-time supplementary payment) created under the Land Charge Creation Deed by which the Borrower will encumber its Property and certain of its assets falling within the statutory scope of the Land Charge (Grundschuldhaftungsverband) in favour of the Bank.
Land Charge means all documents to be executed by the Borrower required for the creation of a first ranking land charge in chapter III over all real property of the Borrower located at Wilschdorfer Landstrasse, 01109 Dresden, partial area of approximately 199,000 square meters of the parcel (Flurstück) 121/5 in the communal district Wilschdorf, currently file 851 of the land register at the land registry Dresden for Wilschdorf and the security purpose agreement (Zweckbestimmungserklärung) in relation to such land charge.
Examples of Land Charge in a sentence
The S106 Agreement is legally binding and is registered as a Local Land Charge.
The CIL charge will also be registered as a Local Land Charge against the relevant land.
All S106 legal agreements are registered as a Land Charge against the property and are registered at the Land Registry with the title deeds of a property or piece of land.
This Deed is a Local Land Charge and shall be registered as such.
Mr. Siegel asked whether there are leases that should be analyzed differently than other leases from an income statement perspective.
More Definitions of Land Charge
Land Charge means each security interest in land (Buchgrundschuld or Briefgrundschuld) granted in respect of a Property located in Germany, in favour of the Facility Agent in form and substance satisfactory to it.
Land Charge means the first ranking land charge without certificate (Buchgrundschuld) in the amount of EUR 50,000,000 (plus [***]) created under the Land Charge Creation Deed with which the Borrower will encumber its Property and certain of its assets falling within the statutory scope of the Land Charge (Grundschuldhaftungsverband) in favour of the Bank.
Land Charge means a certificated first ranking land charge (Grundschuld) over any Property in section III of the Land Register given in favour of the Security Trustee in the Agreed Form.
Land Charge means a collateral land charge of Immoveable Property, if any, executed by the Company in favour of the Trustee pursuant to Clause 3.4 and “Land Charges” shall be construed accordingly.
Land Charge means an amount due from DWS to Owner for use of the Property each month during the Term initially equal to the $20,000 per year multiplied by the number of acres in the Land Area. The Land Charge per acre will increase at 3% per year on each annual anniversary of the Effective Date.
Land Charge means a land charge of every class and includes a local land charge;
Land Charge means the registered land charge (Buchgrundschuld) in the amount of € 2,500,000.00 million (in words: Euro two million five hundred thousand) plus interest and additional benefits (Nebenleistung) created in favour of the Security Agent pursuant to the Notarial Deed. Limit has the meaning given to it in Clause 7.2. Notarial Deed means the notarial deed no. [.....] dated [ ] of the notary [Name], by which the Chargor has created a land charge in favour of the Security Agent over the Real Property, including buildings and fixtures (Zubehör), currently or in future owned by the Chargor. Party means a party to this Agreement, the Chargor and the Security Agent together the Parties.