Phase II Mall Sale definition

Phase II Mall Sale means the sale by Phase II Mall Subsidiary Holding to GGP of the equity interests of Phase II Mall Subsidiary pursuant to the terms of the Phase II Mall Sale Agreement.
Phase II Mall Sale shall have the meaning set forth in Section 4(a) of Article XIV.
Phase II Mall Sale is defined in subsection 6.15B.

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.

Related to Phase II Mall Sale

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Phase II Study means a study in humans of the safety, dose ranging or efficacy of a product, as further defined in 21 C.F.R. § 312.21(b) (or the equivalent thereof outside the United States).

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Phase II Trial means a clinical trial of a Licensed Product, designated as a Phase II Trial and the principal purpose of which is to make a preliminary determination that such Licensed Product is safe and active in a patient population for its intended use and is designed to obtain sufficient information about such Licensed Product’s efficacy to permit the design of a Phase III Trial(s), and generally consistent with 21 CFR § 312.21(b). For purposes of this definition, Phase II trial shall specifically exclude expansion cohorts from Phase I Trial(s).

  • Project site, where applicable, means the place indicated in bidding documents.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Phase or “Phases” in respect of the Project shall mean that the components of the Project are placed in service during more than one year during the Investment Period, and the word “Phase” shall therefore refer to the applicable portion of the Project placed in service in a given year during the Investment Period.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Hotel Property means a Property on which there is located an operating hotel.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Redevelopment Agreement means an agreement between the

  • Phase I Study means a study in humans which provides for the first introduction into humans of a product, conducted in healthy volunteers or patients to obtain information on product safety, tolerability, pharmacological activity or pharmacokinetics, as more fully defined in 21 C.F.R. § 312.21(a) (or the non-United States equivalent thereof).