Sanden Properties definition

Sanden Properties means Helsingborg Sanden 4, 5, 12, 13 and 14.
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Sanden Properties means Helsingborg Sanden 4, 5, 12, 13 and 14 "Järfälla Skälby Property" means Järfälla Skälby 3:533."Market Loan" means any loan or other indebtedness where an entity issues commercial paper, certificates, subordinated debentures, bonds or any other debt securities (including, for the avoidance of doubt, medium term note programmes and other market funding programmes), provided in each case that such instruments and securities are or can be subject to trade on any regulated or unregulated recognised market place."Material Adverse Effect" means a material adverse effect on (a) the business, financial condition or operations of any Group Company, (b) the Group Companies' or the Guarantor's ability to perform and comply with the Finance Documents, including their payment obligations thereunder or (c) the validity or enforceability of the Finance Documents."MI Andersson Property Security" means security provided by MI Andersson Fastighetsbolag AB for its obligations under the MI Andersson Loan over the Sanden Properties of SEK 88,981,000 within 88,981,000 and Järfälla Skälby Property of SEK 22,100,000 within SEK 22,100,000."Net Proceeds" means the proceeds from the Bond Issue after deduction has been made for the Transaction Costs."Person" means any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organisation, government, or any agency or political subdivision thereof or any other entity, whether or not having a separate legal personality."Project Facility" means any credit facility taken up by the Issuer or any subsidiary of the Issuer which owns any of the Properties solely to finance a construction on such Property."Subordinated Loans" means new capital raised by the Issuer by way of subordinated loans pursuant to the Intercreditor Agreement, with (i) shall have a maturity after the Final Redemption Date, including the optional extension period (ii) be contractually subordinated to the Bonds and (iii) include terms that entail that the Subordinated Loans are structured as bullet loans and that interest is only payable after the Final Redemption Date."Transaction Costs" means all arrangement and legal fees, costs and expenses, stamp duties, registration and other taxes incurred by the Issuer in connection with the Bond Issue and the Transaction Security. Events of Default: Customary Events of Default for Swedish bond issues, including:(a) Non-payment;(b) Breach of other o...
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Examples of Sanden Properties in a sentence

  • The Issuer shall not (and shall ensure that neither of its subsidiaries) provide any loan or security or guarantee to or for the benefit of any party, other than the Nomus Loan and , the Permitted Debt and secured vendor loans in connection with the disposal of the Sanden Properties or the Järfälla Skälby Property.

  • The Issuer shall not (and shall ensure that neither of its subsidiaries) provide any loan or security or guarantee to or for the benefit of any party, other than the Nomus Loan, the Permitted Debt and secured vendor loans in connection with the disposal of the Sanden Properties or the Järfälla Skälby Property.

  • In preparation of this Written Procedure, the Trustee has requested the current owner of the Issuer to present a plan for the divestment of the Sanden Properties and the Järfälla Property, the sale proceeds to be used for amortizing the Senior Bonds.

  • From the Bondholders' perspective, the Bondholders have a security over (i) the shares in MIAB and (ii) the Downstream Loan which in turn is secured by a mortgage over the Sanden Properties of SEK 88,981,000 within 88,981,000 (subject to the lost mortgage certificate with number 10 in an amount of SEK 7,000,000 within SEK 50,000,000) and a mortgage over Järfälla Skälby Property of SEK 22,100,000 within SEK 22,100,000 (jointly, the "Mortgages").

  • The Sanden and Järfälla properties As previously communicated by the Trustee, the Sanden Properties (Helsingborg Sanden 4, 5, 12, 13 and 14) and the Järfälla Skälby Property (Järfälla Skälby 3:533) (jointly, the "Properties") that were owned by MI Andersson Fastighetsbolag AB ("MIAB") and part of the Koggbron Projekt AB structure were intended to be sold and the proceeds applied to amortize on the Senior Bonds.

  • In order to facilitate a sale of the Sanden Properties and Järfälla Property and encourage the former owner Anders Högberg to take over the Karlholm Strand Project with an aim to complete the project and repay the Bondholders, the below proposal (the "Proposal"), in summary, is being made.

  • The status of the properties, on which the Karlholm Strand Project is contemplated to be developed, is currently not in a state allowing them to be sold for a sufficient price and further work need to be carried out by a new owner in order to bring the assets to a marketable form.In 2018, the Issuer tried to sell the Sanden Properties and the Järfälla Property for the purpose of applying the sale proceeds towards partial amortization of the Senior Bonds in accordance with the Terms and Conditions.

Related to Sanden Properties

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

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

  • Owned Properties has the meaning set forth in Section 3.16.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • hazardous properties means radioactive, toxic or explosive properties.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • Additional Properties means any oil and natural gas assets or related interests that are acquired by any member of the Partnership Group pursuant to an Acquisition.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

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  • Environmental Infrastructure System means the Environmental Infrastructure Facilities of the Borrower, including the Project, for which the Borrower is receiving the Loan.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Environmental Problem Property A Mortgaged Property or REO Property that is in violation of any environmental law, rule or regulation.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;