Property Financing definition

Property Financing means any Financial Indebtedness incurred by the Group in relation to a Property, which is on non-recourse basis towards the Issuer and where the creditor is having recourse only towards the relevant Property or the direct owner of the relevant Property.
Property Financing shall have the meaning set forth in Section 3.08 hereof.
Property Financing. “Facility” (a) The principal amount as stated in the Letter of Offer and/or this Agreement; and (b) where applicable, this shall include other facilities previously lent or hereafter agreed to be lent by the Bank.

Examples of Property Financing in a sentence

  • Owner is and shall continue to be duly organized under the laws of the State of South Dakota as the type of entity it represents itself to be and authorized to perform the activities contemplated by the Property Financing.

  • If to the District: Coronado Unified School District ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Superintendent Fax: (▇▇▇) ▇▇▇-▇▇▇▇ If to the Corporation: Public Property Financing Corporation of California ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Secretary/Treasurer Fax: ( ) If to the Trustee: MUFG Union Bank, N.A. ▇▇▇ ▇.

  • This Agreement and the Letter of Offer shall supersede all oral negotiations and prior correspondence in respect of the Property Financing.

  • If the Borrower and its subsidiaries and affiliates receive all necessary consents from the Property Financing Sources, the Borrower and the Lender will promptly execute and deliver the Right of First Refusal Agreement.

  • In all events, each Party shall provide at least 10 days’ prior written notice to the other Party prior to exercising any Enforcement Action it may be entitled to exercise under the applicable Property Financing Documents to which it is a party as a result of such Event of Default.

  • Borrower hereby grants in Lender a right of first refusal to provide other priority financing secured by the Property ("Financing").

  • Pursuant to the Master Repurchase Agreement (2007 Whole Loan), dated as of May 9, 2007 (as amended, supplemented or otherwise modified from time to time, the "Master Repurchase Agreement"), by and among NFI Repurchase Corporation ("NFI Repurchase"), NMI Repurchase Corporation ("NMI Repurchase"), HVL and NMI Property Financing, Inc.

  • Prior to receiving written notice of an Event of Default from the Bank, OHCS shall be entitled to retain for its own account all regularly scheduled payments due and payable under and pursuant to the respective Property Financing Documents to which it is a party.

  • Notwithstanding the terms and conditions of Sections 7.12(b), (c) and (e) of the Credit Agreement, the Borrower is hereby permitted to enter into, in connection with the CNL JV Purchase, the CNL Equipment Financing, the CNL Improvement Financing and the CNL Fee Property Financing, one or more agreements that restrict the Borrower's ability to sell or otherwise dispose of its assets, to create Liens on its property and to make Restricted Payments.

  • This is to certify that the interest in real property conveyed by the Lease Purchase Agreement, dated as of June 1, 2020, from the Public Property Financing Corporation of California to Coronado Unified School District (“District”), is hereby accepted by the undersigned officer on behalf of the District pursuant to the authority conferred by the adopted resolution of the District, and the District consents to the recordation thereof by it duly authorized officer.


More Definitions of Property Financing

Property Financing means the financing obtained by a Project Borrower for its Property as Approved by the Investors;
Property Financing means any senior secured property financing raised in the United Kingdom, France, Spain and/or other European jurisdictions by any member of the Group through one or more Propco formed by it and, for the avoidance of doubt, whether or not contemplated in the Tax Structure Memorandum.