Examples of Phase II Mall Sale in a sentence
From and after repayment in full of all amounts outstanding under the Mall Financing Agreement, the Borrowers shall cause the Phase II Mall Borrowers at all times to maintain in the Phase II Mall Sale Reserve Account the amounts required from time to time to be on deposit therein pursuant to the terms of the Phase II Mall Sale Reimbursement Agreement.
In no event shall any proceeds of Borrowings be used to pay for any damages, liquidated or otherwise, or other amounts payable by LCR or the Borrowers pursuant to the Phase II Mall Sale Agreement and/or the Phase II Mall SA Assignment Agreement or for operating costs of the Phase II Mall (unless, in each case, such item is set forth in the Project Budget as a separate Line Item) or for operating costs of the Phase II Hotel/Casino.
The Phase II Mall Sale Agreement shall be assigned by LCR to Phase II Mall Subsidiary Holding (subject to certain defense rights which are to be shared by LCR and Phase II Mall Subsidiary Holding) in accordance with the Phase II Mall SA Assignment Agreement.
The Borrowers shall apply any proceeds received pursuant to the Phase II Mall Sale Agreement to repay in full all amounts outstanding under this Agreement within five days of the receipt thereof before applying to any other obligation or for any other purpose.
The Administrative Agent shall have received the Assignment of Phase II Mall Sale Agreement, dated as of the Closing Date, duly executed and delivered by an Authorized Officer of Phase II Mall Subsidiary Holding.
There are no options, warrants, convertible securities or other rights to acquire any equity interests in any Borrower or any of their Subsidiaries except for the rights of GGP under the Phase II Mall Sale Agreement and as otherwise set forth as Schedule 4.1E.
Any Phase II Mall Sale entered 210 into in violation of this Section 14.3.5.11 shall be deemed null and void and of no force and effect.
Phase II Mall Sale" shall have the meaning set forth in Section 4(a) of Article XIV.
Any Phase II Mall Sale that is made in violation of this Section 14.3.5 shall be void ab initio.
Any Phase II Mall Sale, entered into in violation of this Section 4(a), shall be deemed null and void and of no force and effect.