Land Charge definition

Land Charge means the first ranking land charge without certificate (Buchgrundschuld) in the amount of EUR 50,000,000 (plus [***]) created under the Land Charge Creation Deed with which the Borrower will encumber its Property and certain of its assets falling within the statutory scope of the Land Charge (Grundschuldhaftungsverband) in favour of the Bank.
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Land Charge means all documents to be executed by the Borrower required for the creation of a first ranking land charge in chapter III over all real property of the Borrower located at Wilschdorfer Landstrasse, 01109 Dresden, partial area of approximately 199,000 square meters of the parcel (Flurstück) 121/5 in the communal district Wilschdorf, currently file 851 of the land register at the land registry Dresden for Wilschdorf and the security purpose agreement (Zweckbestimmungserklärung) in relation to such land charge.
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Land Charge means all documents to be executed by the Borrower required for the creation of a first ranking land charge in chapter III over all real property of the Borrower located at ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ Dresden, partial area of approximately 199,000 square meters of the parcel (Flurstück) 121/5 in the communal district Wilschdorf, currently file 851 of the land register at the land registry Dresden for Wilschdorf and the security purpose agreement (Zweckbestimmungserklärung) in relation to such land charge.
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Examples of Land Charge in a sentence

  • The contents of this Deed shall be registerable by the District Council as a Local Land Charge pursuant to section 106(11) of the 1990 Act.

  • The Company shall not, without prior written consent of the Trustee, issue or re-issue any bonds, debentures, loan stocks, notes or other debt securities for the time being and from time to time secured by any interest by way of security for the time being and from time to time ranking in point of priority to the security hereby constituted or any Land Charge.

  • Upon request of the Lender, the Borrower shall provide all further documentation and information, which, in the reasonable view of the Lender or the other Finance Parties, is required to prove the cover pool eligibility of the Land Charge.

  • The enforcement of the security constituted by a Land Charge shall be governed by the Registered Land Law (2004 Revision) as varied and/or added to by the Land Charge.

  • Save with the prior written consent of the Trustee (which may be given as well before as after the date hereof, provided it shall expressly refer to this Debenture), the Company shall not and shall not agree to create, give, grant or permit to arise or subsist over any of its assets present and future any Prohibited Security Interest ranking in point or security in priority to, pari passu with or subsequent to any security constituted by these presents or any Land Charge.


More Definitions of Land Charge

Land Charge means a collateral land charge of Immoveable Property, if any, executed by the Company in favour of the Trustee pursuant to Clause 3.4 and “Land Charges” shall be construed accordingly.
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Land Charge means each security interest in land (Buchgrundschuld or Briefgrundschuld) granted in respect of a Property located in Germany, in favour of the Facility Agent in form and substance satisfactory to it.
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Land Charge means the land charge (Grundschuld) created under the Land Charge Deed;
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Land Charge means a certificated first ranking land charge (Grundschuld) over any Property in section III of the Land Register given in favour of the Security Trustee in the Agreed Form.
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Land Charge is defined in Schedule 7.1 (Security).
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Land Charge means an amount due from DWS to Owner for use of the Property each month during the Term initially equal to the $20,000 per year multiplied by the number of acres in the Land Area. The Land Charge per acre will increase at 3% per year on each annual anniversary of the Effective Date.
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Land Charge means in relation to the Properties,
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