Future Property. The property legally described on Exhibit B-1 attached hereto is hereby added to be part of the “Land” under the Loan Agreement, and Exhibit B of the Loan Agreement is hereby amended to include Exhibit B-1 attached hereto. The Future Property is hereby accepted by Lender as, and for all purposes is deemed to be, Real Property under the Loan Agreement.
Future Property. In addition, if the Hotel Property is a Future --------------- Property, the following:
Future Property. If the Developer acquires any additional property, then such future property may be added to this Agreement if the City determines in its sole and absolute discretion that the addition of such future property is appropriate in light of its proximity to the Project, compatibility and the appropriateness of such a development pattern.
Future Property. The Promoter may also acquire contiguous land to the Larger Property in future and shall at their discretion be entitled to commercially exploit the Future Property to construct multistoried towers consisting of residential and commercial spaces and parking spaces in single or multiple phases, capable of being held and enjoyed independently, on the agreed terms and conditions, in full or in part, as per the necessary sanction being granted by the concerned authority to be named as the promoter may deem fit and proper.
Future Property. Except as otherwise set forth, all the property, real, personal and mixed, that each party may hereafter acquire in his or her own name or possession shall be and remain the sole and separate property of that person, together with all future appreciation, increases and other changes in value of that property and irrespec- tive of the contributions (if any) that either party may make to said property or to the marriage, directly or indi- rectly.
Future Property. (i) at least 10 days prior to the acquisition of a --------------- Hotel Property by the Parent or one of the Parent's Subsidiaries, an Environmental Report for such Hotel Property, (ii) not later that the date 10 days following the date of the acquisition of a Hotel Property by the Parent or one of the Parent's Subsidiaries or a Permitted Non-Voting Stock Company, (A) the remaining Property Information and (B) if the Property Owner for such Hotel Property is not the Borrower or a Guarantor and such Hotel Property does not serve as collateral for either Secured Recourse Indebtedness or Secured Non- Recourse Indebtedness, then the Borrower will cause such Property Owner to execute and deliver to the Administrative Agent either (1) an original Subordinate Guaranty and Environmental Indemnity executed by such Person or (2) an Accession Agreement executed by such Person.
Future Property. If at any time until the Final Settlement Date, the Security provided by the Issuer is or has become inadequate (a) the Security Cover Ratio falls below the Security Cover Threshold and/or to cover the Debenture Payments as required by the SEBI ILNCS, then promptly upon receipt of notice from the Debenture Trustee but no later than 10 (ten) Working Days of such an occurrence, the Issuer shall create and perfect such additional security in favour of the Debenture Trustee or the new Debenture Trustee, as may be acceptable to the Debenture Trustee to comply with SEBI ILNCS in order to maintain the Security Cover Threshold. The Issuer hereby agrees that it shall execute and deliver such additional documents as may be required, in connection with the creation of the additional security, in a form and manner satisfactory to the Debenture Trustee to cover the deficiency.
