Land Owned Sample Clauses

Land Owned. The Borrower will not at any time permit (a) the sum of (i) the book value of all raw land owned by the Borrower or any Guarantor for development or sale, plus (ii) the book value of all land under development owned by the Borrower or any Guarantor, plus (iii) the book value of all lots that have been Finished Lots for more than nine months, to exceed (b) the sum of (i) Consolidated Tangible Net Worth plus (ii) fifty percent (50%) of the outstanding principal amount of the Subordinated Indebtedness of the Borrower and the Guarantors (on a consolidated basis).
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Land Owned. 66 9.5 Adjusted Consolidated Tangible Net Worth Floor.................................................66
Sample 1
Land Owned. 65 9.4. Housing Inventory........................................ 65 9.5. Rate Protection.......................................... 65 ARTICLE X DEFAULTS..................................................... 65
Sample 1
Land Owned. The UK Properties comprise all the land and premises owned or used by IAL in the UK, and all deeds and documents necessary to provide title to each UK property are in the possession of IAL.
Sample 1
Land Owned. BY THE OWNER 8, M/S XXXX REAL ESTATE LLP: TOTAL 8.25 DECIMAL LAND IN PLOT NO.1811, XXXXX XXXXXXXX: In terms of the Conditions stated under the 2nd para in page 35 of the Registered Development Agreement (vide Deed No. 110108578 for the year 2020 registered under the District Sub-Registrar in the Office of the D.S.R-I. Purba Medinipur), the Land Owner No.6 (Xxx Xxxxxx Xxxx) and Land Owner No.7 (Srimati Xxxxx Xxxxxxx) made registered Deed of Conveyance for their respective plots of land measuring a total area of 8.25 disimal in favour of M/s Xxxx Real Estate LLP vide registered Deed No.110108612 of 2020 by Xxx Xxxxxx Xxxx for 4.950 disimal and registered Deed No.110108611 of 2020 dated 08-12-2020 by Xxxxxxx Xxxxx Xxxxxxx for 3.30 dismal. Now this 8.25 dismal land on plot no.1811 of Mouza-Paikpari, X.X.-286 belong to M/s Xxxx Real Estate LLP and recorded in its name under Khatian No.5020.
Sample 1

Related to Land Owned

  • Owned Real Property The Company does not own any real property.

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Owned Property We do not cover property damage to property owned by any insured or any other resident of any insured's household. This includes expenses and costs incurred by any insured or others to repair, replace, restore or maintain such property to prevent injury to a person or damage to property of others, whether on or away from an insured location.

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

  • Land The real property described in Exhibit A attached hereto and made a part hereof (the “Land”);

  • Owned Properties The Company does not own any real property.

  • Real Property and Leases (a) The Company and each of its subsidiaries has sufficient title to all of its real properties and assets to conduct its businesses as currently conducted or as contemplated to be conducted.

  • Title to Property and Encumbrances The Company has good and valid title to all properties and assets used in the conduct of its business (except for property held under valid and subsisting leases which are in full force and effect and which are not in default) free of all Liens except Permitted Liens and such ordinary and customary imperfections of title, restrictions and encumbrances as do not in the aggregate constitute a Company Material Adverse Effect.

  • Leasehold Properties In relation to those Properties which are leasehold:

  • Title to Property and Assets; Leases Except (i) as reflected in the Lineo Financial Statements (defined in paragraph 2.15), (ii) for liens for current taxes not yet delinquent, (iii) for liens imposed by law and incurred in the ordinary course of business for obligations not past due to carriers, warehousemen, laborers, materialmen and the like, (iv) for liens in respect of pledges or deposits under workers' compensation laws or similar legislation or (v) for minor defects in title, none of which, individually or in the aggregate, materially interferes with the use of such property, Lineo has good and marketable title to its property and assets free and clear of all mortgages, liens, claims and encumbrances. With respect to the property and assets it leases, Lineo is in compliance with such leases and, to the best of its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances, subject to clauses (i)-(v) above.

Time is Money Join Law Insider Premium to draft better contracts faster.