Property Guarantees definition

Property Guarantees means the deeds of guarantee between Target (1) and Bridge Farm Holdings Ltd in respect of each of the Bridge Farm Lease and the Horseshoe Road Lease and between Target (1) and SSAS (2) in respect of each of the Gosberton Lease and the VP Lease;
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Property Guarantees means the guarantees given by the Seller in relation to certain properties, details of which (including Data Room references) are set out in Schedule 12;
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Examples of Property Guarantees in a sentence

  • Purchaser agrees at Closing, to assume and/or replace the Real Property Guarantees, provided the same shall be in the form attached as Exhibit J to the Securities Purchase Agreement or in another form which shall not impose upon Purchaser (or any other guarantor thereunder) obligations materially different than those currently imposed by the Real Property Guarantees.

  • In the event that the Real Property Guarantees are not fully and unconditionally released on or prior to the Release Date, the Purchaser shall be subject to a compensatory penalty of one percent (1%) per month of the amount subject to such outstanding Real Property Guarantee, calculated on a pro rate temporis basis as of the applicable renewal date until the effective discharge of such Real Property Guarantee.

  • The Replacement Guaranty shall be in the form attached as Exhibit J to the Securities Purchase Agreement or in another form which shall not impose upon Purchaser (or any other guarantor thereunder) obligations materially different than those currently imposed by the Real Property Guarantees.

  • Without limiting the generality of the foregoing, the Joint Obligated Parties will cooperate in the development of plans for the subleasing, sale or other appropriate distribution of the Wellspring Property, subject to the Real Property Guarantees and the Personal Property Guarantees.

  • Submit to Bancomext evidence that the First Amendment to the Bancomext Trust, has been recorded in the Registry, and that the Pledge Ratification Agreements have been registered in the Sole Registry of Personal Property Guarantees, respectively.