Acquisition Deed definition
Examples of Acquisition Deed in a sentence
The deed of discharge of this registration was formalised on the Date of the Original Credit Agreement following the signing of the Bordeaux Acquisition Deed.
Effective immediately upon the execution and delivery of the Acquisition Deed: (i) the Authority agrees to lease the Land to the Land Developer pursuant to the Land Lease; and (ii) the Authority agrees to lease the Project Improvements to the Redeveloper pursuant to the Improvements Lease.
Borrower shall not cause or suffer to become effective any lien, restriction or other title limitation affecting any part of the Project other than the (a) Regulatory Agreement, the Deed of Trust, the Financing Statement and the senior first deed of trust Mortgage Documents (including the Senior Acquisition Deed of Trust, Senior Construction Deed of Trust and the Senior Permanent Deed of Trust, as applicable) and (ii) taxes not delinquent.
Borrower, at its cost and expense, shall cause the Title Company to issue to Lender, at the time of the disbursement of the initial Advance, an endorsement to the Title Policy insuring the Acquisition Deed of Trust, as amended by the Amendment of Acquisition Deed of Trust, in Lender's favor to be a valid first lien and encumbrance on the property described therein, subject only to those matters set forth in Schedule B of the Title Policy.
Funding Recipient shall acquire and assume title of the real property rights in Funding Recipient’s name for all parcels authorized in accordance with the approved Project Real Estate Plan using Easement Acquisition Deed or Grant Deed, a sample of such to be provided.
Prior to the close of the Acquisition Escrow and recordation of the Acquisition Deed, Owner and City shall execute and acknowledge a memorandum of option in the form of Exhibit C attached hereto ("Option Memorandum").
Promptly following recordation of the Acquisition Deed, Owner shall record the Option Memorandum in the Official Records of Los Angeles County.
City shall promptly notify Owner of the closing under the Acquisition PSA and provide copies of the recorded Acquisition Deed (as defined in the Acquisition PSA).
The deed of discharge of this registration was formalised on the Date of the Original Credit Agreement following the signing of the Marseille Acquisition Deed.
The Acquisition Deed of Trust, as amended by the Acquisition Deed of Trust Amendment, shall be a first and prior lien on the property described therein, and shall assign all leases and rents on the such property to Lender, all subject only to the Permitted Encumbrances.