Examples of Principal Properties in a sentence
Subject to capitalised repayments?YesNoIf you answered Yes to any of the above STOP - a standard loan application form is required, as the customer is not eligible for a credit increase.Note: If the loan to be increased is associated with an Equity Finance Mortgage (EFM)® please ensure the increase amount is allowed under the EFM refinancing formula.
Collectively, the Company and Significant Subsidiaries own, directly or indirectly, all of the Principal Properties (as such term is defined in the Indenture).
Based on these reviews, to the knowledge of the Borrower, ongoing operations at the Principal Properties are currently being conducted in substantial compliance with applicable Environmental Laws except to the extent that noncompliance would not be reasonably likely to have a Material Adverse Effect.
These properties are included within the Principal Properties business segment.
The Company and its Restricted Subsidiaries have good title, free and clear of all material Liens other than those permitted by Section 5.01(g), to all material owned portions of their respective Principal Properties.