Law of Property Act definition

Law of Property Act means the Law of Property Act 1925;

Law of Property Act the Law of Property Xxx 0000;

Law of Property Act means the Law of Property Xxx 0000; "Legally Mortgaged Property" means any Real Property which may in future be legally mortgaged or charged by the Company to the Collateral Agent by or pursuant to this Deed, and "Legally Mortgaged Property" includes any part of any such Real Property; "Loan Agreement" means the letter of credit facility agreement, between, among others, the Parent, the Collateral Agent and the Lenders, dated on or around the date of this Deed; "Loss" means any liability, damages, claim, cost, loss, penalty, expense, demand (or actions in respect thereof) including, legal, accounting or other charges, fees, costs, disbursements and expenses in connection therewith; "Material Real Property" means Real Property located in the United States of America, Canada or the United Kingdom owned by the Company with a net book value in excess of US$10,000,000 and that is not an Excluded Asset; "Mortgaged Investments" means Investments from time to time subject or expressed to be subject to the Charges, and "Mortgaged Investments" includes any part of any of them; "Parent" means Xxxxxxxxxxx International Public Limited Company, a public limited company incorporated in the Republic of Ireland, with registered number 540406 whose registered office address is 00 Xxx Xxxx Xxxxxxxx'x Quay, Dublin 2; "Payment in Full" means the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents (other than contingent indemnification obligations as to which no claim has been received by the Company) shall have been paid in full in cash; "Proceedings" means any proceedings, suits or actions arising out of or in connection with any Disputes or otherwise arising out of or in connection with this Deed (including regarding its existence, validity or termination); "Real Property" means freehold property in England and Wales and any other land or buildings anywhere in the world, any estate or interest therein and any reference to "Real Property" includes a reference to all rights from time to time attached or appurtenant thereto and all buildings and Fixtures from time to time therein or thereon; "receiver" includes a manager, a receiver and manager and an "administrative receiver" as defined by Section 251 of the Insolvency Act; "Receiver" means a receiver appointed under this Deed or pursuant to any applicable law, and includes more than one such receiver an...

Examples of Law of Property Act in a sentence

• The restrictions contained in Sections 93 and 103 of the Law of Property Act 1925 shall not apply to this Agreement or to any exercise by us of our rights to consolidate mortgages or our power of sale.

• If the mortgage is a high ratio mortgage on a property located in Alberta with insurance by a mortgage insurer, the following applies: This mortgage is a high ratio mortgage to which sections 43(4.1) and (4.2) and 44(4.1) and (4.2) of the Law of Property Act (Alberta) apply.

• The powers conferred on mortgagees, receivers or administrative receivers by the Law of Property Act 1925 and the Insolvency Act 1986 (as the case may be) shall apply to the Security created under this Deed, unless they are expressly or impliedly excluded.

• Sections 109(6) and (8) of the Law of Property Act 1925 shall not apply to a Receiver appointed under this Deed.

• Certain powers conferred on the Trustee or on any receiver appointed by the Trustee under the Law of Property Act 1925 or the Insolvency Act 1986 may not be enforceable under Luxembourg law.If a particular power conferred on the Trustee or a receiver is not enforceable under Luxembourg law, this may result in a delay in the realisation of the Collateral following an Enforcement Event and in making payments in respect of the Instruments.

• If the Mortgage is a high ratio mortgage as defined in the Law of Property Act (Alberta), RSA C.

• Certain powers of the Trustee or any receiver as conferred upon it under the Law of Property Act 1925 or the Insolvency Act 1986 may not be enforceable under Luxembourg law.

• L-7, Regulation 89/ 2004, and the Property is in Alberta, then the following applies: This mortgage is a high ratio mortgage to which sections 43(4.1) and (4.2) and 44(4.1) and (4.2) of the Law of Property Act (Alberta) apply.

• This Lease shall incorporate the provisions as to notices contained in section 196 Law of Property Act 1925 as amended by the Recorded Delivery Service Act 1962 and every notice required to be given hereunder shall be in writing.

• The restrictions contained in Sections 93 and 103 of the Law of Property Act 1925 shall not apply to this Customer Agreement or to any exercise by us of our rights to consolidate mortgages or our power of sale.

More Definitions of Law of Property Act

Law of Property Act means the Law of Property Axx 0000;

Law of Property Act means the Law of Property Xxx 0000; “Party” means a party to this Deed;