Examples of Land Collateral in a sentence
Any and all buildings, structures and other improvements, and any appurtenances thereto, now or at any time hereafter situated, placed or constructed upon the Land, Collateral Security, or any part thereof.
Receipt by Administrative Agent of Appraisals in form and substance satisfactory to Administrative Agent, with respect to the Minimum Land Collateral.
The Borrower agrees that on request from OFL the Borrower will execute a registerable mortgage in a form required by OFL over the Land Collateral for this purpose.
This process depends closely on the different physical contributions to the turbu- lent kinetic energy (TKE) at the interface.
Should the Property contain Hazardous Materials of any quantity unacceptable to Administrative Agent or the Requisite Lenders, the Administrative Agent and the Requisite Lenders reserve the right to elect to not include or remove such Property from the Minimum Land Collateral and Borrowing Base.
In addition, the Company had not made a distinction of the nature of the collateral offered by the Land Collateral Agreement as compared to a charge over the land in the disclosures in its annual reports for FY2016 to FY2018.
Pursuant to the Land Collateral Agreement, PT Hanjungin shall grant to MGR the power of sale and/or transfer over the Kupang Land to sell, transfer and/or dispose of the Kupang Land to any third party purchaser (“Power of Sale”) as a collateral to secure all obligations of PT Hanjungin under the RCL agreement including all payment obligations.
That the Borrower acknowledges that the Personal Property Collateral may not be sufficient security to protect OF’s interests and accordingly the Borrower agrees to mortgage all of the Borrower’s present and future right, title and interest in the Land Collateral (or any property purchased in substitution of the Land Collateral) in favour of OF to the intent that a caveatable interest is created in the Land Collateral as security for payment of all moneys payable by the Borrower under this Agreement.
Schedule 4.1 is, as of the Agreement Date, a complete and correct listing of all Borrowing Base Properties, and Schedule 4.1 denotes which of such Borrowing Base Properties constitutes Minimum Land Collateral.
The directors collectively and individually accept full responsibility for the accuracy of the information given in this announcement and confirm after making all reasonable enquiries that, to the best of their knowledge and belief, this announcement constitutes full and true disclosure of all material facts about the RCL and accompanying Land Collateral Agreement, and the directors are not aware of any facts the omission of which would make any statement in this announcement misleading.