Examples of Mall Parcel Creation Date in a sentence
Any significant delay in the assumed Effective Date of the Plan may have a significant negative impact on the operations and financial performance of the Debtors including, but not limited to, an increased risk of inability to meet sales forecasts and higher reorganization expenses.
From and after the Mall Parcel Creation Date and until the Mall Release Date GCCLLC will own the Mall and the Mall Easements in fee simple.
On the Mall Parcel Creation Date, Mall Construction Subsidiary is to acquire fee title to the Mall Parcel from Venetian as provided for herein and the portion of the Project other than the Mall will thereafter continue to be owned by Venetian.
From and after the Mall Parcel Creation Date and until the Completion Date, Grand Canal Shops Mall, LLC will own the Mall and the Mall Easements in fee simple.
The provisions of Section 2.1 hereof with respect to the validity, priority, perfection, and subordination of all liens on and security interests in the Collateral shall continue to apply upon and following the Mall Parcel Creation Date.
On the Mall Parcel Creation Date, pursuant to Section 5.16(b) of the Disbursement Agreement: (i) Venetian shall convey the Mall Parcel to Mall Construction Subsidiary, (ii) Venetian and Mall Construction Subsidiary shall terminate the Mall Lease, and (iii) the Secured Credit Parties, subject to obtaining the legal opinions and title policy endorsements provided for in Section 5.16(b), shall take the actions provided for in said Section 5.16(b).
From and after the Mall Release Date, Mall I LLC will (a) if the Mall Parcel Creation Date has occurred and from and after such occurrence, own the Mall and the Mall Easements in fee simple and (b) if the Mall Parcel Creation Date has not occurred and until such occurrence, have good leasehold title to the Mall and the Mall Easements.
The Mall Construction Subsidiary has, and until the Mall Parcel Creation Date will have, valid leasehold estate in the Mall and the Mall Easements.