Examples of Leasehold Rights in a sentence
If Lead Lenders becomes aware of any damage to or actual or potential condemnation affecting any material portion of the Real Property, Leasehold Rights and/or Collateral securing the Loans, Lead Lenders will promptly notify Lenders thereof.
The Property Company may increase or reduce the nominal value of the Mortgage over its Leasehold Rights, provided that the registered nominal value of the Mortgage in no event shall be lower than the outstanding principal amount of Secured Debt.
Of the P1.93 billion consolidated revenues, P641.5 million are from Real Estate Sales, and P139.7 million from the Sale of Mall Stall Units or Leasehold Rights Sales whose sales take-up is almost equal to last year’s Leasehold Rights Sales which is practically the same as last year’s P140.5 million.
Leasehold Rights and measurement rights amount equal to liabilities under lease adjusted by the amount of advance payment or accrued payment related to the lease agreement recognised in the statement of financial position before the date of the initial application.
List of encumbrances known to Bank: No known encumbrancesSCHEDULE I (Forming part of Sale Certificate) DESCRIPTION OF THE SECURED ASSETS CONSTITUTING SCHEDULE PROPERTY Leasehold Rights of the Property situated at Gat No. 181, Sector No. 33, consisting of open plot having area 8,750 sq.