ASLL definition
Examples of ASLL in a sentence
EPUK’s advances to ASLL will be funded from internally generated funds of ENRA.
The SHA details the rights and obligations of EPUK and ▇▇▇ as shareholders of ASLL.
EPUK and ▇▇▇ agree that any advances provided by EPUK and ▇▇▇ to ASLL Group shall at all times equal each other and that the parties agree that all payments of interest and repayments of principal to them shall be made on a parri passu basis.
If the above conditions are not satisfied, all amounts advanced to ASLL for the Proposed Rugby Acquisition shall be refunded to both EPUK and ▇▇▇ and the SHA shall cease to have effect.
ASLL was incorporated and registered in England and Wales with company number 11686778 whose registered office is at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇.
ASLL intends to sell all of the residential units and central facility.
The business of ASLL Group shall be the development of the Properties into a retirement home living estate (“Proposed Development”).
Further details on the shareholders of ASLL are set out in Sections 2.4 and 2.7 of this Announcement.
The development cost is proposed to be financed via a combination of advances from the shareholders of ASLL, namely EPUK and ▇▇▇, in proportion to and to the extent of the agreed contribution in ASLL and/or bank borrowings.
ASLL was formed on 20 November 2018 and has one £1 ordinary share in issue, held by AK.