UK Properties definition

UK Properties means all the freehold and leasehold properties and other Real Estate real properties and interests in real properties owned by or vested in the UK Borrower or any of its Subsidiaries including all buildings and other structures from time to time erected thereon and all fixtures and fittings (trade or otherwise) and fixed plant or machinery from time to time thereon or therein (and “UK Property” shall be construed accordingly).

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UK Properties means the real property interests to be transferred by ArvinMeritor A&ET Limited hereunder, other than such assets as may be located in Turkey.

UK Properties. “ means those U.K. freehold and leasehold premises occupied by the relevant Selling Entities which are set forth in Schedule 3.6(a) and 3.6(c). (a) Matters Affecting the U.K. Properties The U.K. Properties are sold subject to and with the benefit of: (i) In the case of the Registered Properties, the exceptions, reservations and covenants (except charges to secure the repayment of money) contained or referred to in the charges register of their respective title numbers; (ii) In the case of the Leasehold Property, the covenants and conditions on the part of the tenant contained in the leases under which the relevant property is held; (iii) All local land charges; and (iv) All notices served and ordered, demand, proposals or requirements made, by any local or other public authorities. (b) Landlord’s Consents (i) The sale of the Leasehold Property is subject to the relevant Selling Entity which occupies the relevant Leasehold Property obtaining Landlord’s Consent in respect of that property. (ii) The relevant Selling Entities shall as soon as reasonably practicable and at it’s own cost apply for and use all reasonable endeavours to obtain Landlord’s Consent as soon as possible. (iii) The Purchasing Entity and the Buyer UK (as appropriate) shall use all reasonable efforts to assist the relevant Selling Entity in obtaining Landlord’s Consent and in particular shall promptly provide all such information and references as the relevant Selling Entity may reasonably require in relation to the obtaining of Landlord’s Consent and such other information as the landlord may be entitled to request under the terms of the relevant property lease. (iv) As appropriate, the Purchasing Entities and Buyer UK will enter into such covenants as may be reasonably required by the landlord of the Leasehold Property and provide such additional security for the performance by Buyer UK of the tenant’s covenants as the landlord may reasonably require. (v) Buyer UK shall on and from the Transfer Date be permitted to enter into occupation of the Leasehold Property as licensee of the relevant Selling Entity subject to the following provisions: (A) Buyer UK shall be entitled to receive all profit and other income from the Leasehold Property; (B) Buyer UK shall pay or indemnify the relevant Selling Entity against all outgoings and expenses attributable to Buyer UK’s period of occupation including all sums payable under the property lease of the Leasehold Property, in respect of the period aft...

Examples of UK Properties in a sentence

• Nothing has occurred or come to light since the date of the UK Supplemental Agreement to the UK Properties Report on Title which, if disclosed, would make it untrue, misleading or inaccurate in any material respect.

• The UK Properties Report on Title does not fail to disclose or take into account any matter whose omission makes it misleading in any material respect.

• Seller shall use reasonable commercial efforts to ensure that the leases for the EasyLink UK Properties are assigned to EasyLink UK on or prior to the Closing Date.

• Nothing has occurred or come to light since the date of the UK Properties Report on Title which, if disclosed, would make it untrue, misleading or inaccurate in any material respect.

• No Hazardous Substances (as hereinafter defined) have been discharged, released or emitted by EasyLink UK into the air, water, surface water, ground water, land surface or subsurface strata or transported to or from any of the EasyLink UK Properties in the operations of the Business except in accordance with all applicable Environmental Laws, and except for incidental release of Hazardous Substances in amounts or concentrations that would not have a Material Adverse Effect.

More Definitions of UK Properties

UK Properties means such of the Properties as are located in the United Kingdom.

UK Properties means the properties, brief particulars of which are set out in Part II of Schedule 2.1(A)(1), and "U.K. Property" shall be construed accordingly.

UK Properties means those freehold and leasehold premises occupied by the relevant Selling Entities for the purposes of the UK portion of the Business which are set out at Schedule 8.16, which schedule shall be agreed and attached to this Agreement within two business days of the date hereof.

UK Properties means the Properties described in Part 1 Schedule 2;

UK Properties means the Scottish Properties and the English Properties; 147

UK Properties means the properties short particulars of which are set out in paragraph 1 of part D of this agreement and includes any part or parts of them;

UK Properties means the freehold properties located at Hadfield, Derbyshire and Middleton, Greater Manchester, further details of which are set out in part 1 of schedule 4;