Property Company definition

Property Company means a company -

Property Company means a company that invests primarily in real estate or land;

Property Company means (i) each mutual real estate company (in Finnish keskinäinen kiinteistöosakeyhtiö), (ii) each ordinary real estate company and (iii) each Development Company (but in each case, excluding any HoldCo) wholly owned by the Issuer that holds, from time to time, title to a Property and as listed in Schedule 1 (The Property Companies and the Properties) of the Intercreditor Agreement, which Schedule shall be updated (by relying on the information provided by the Issuer) by the Security Agent by delivering an updated Schedule 1 (The Property Companies and the Properties) of the Intercreditor Agreement to the Issuer promptly upon the request of the Issuer after (i) a delivery of a new Valuation (on the basis of that Valuation), or (ii) creation of Transaction Security over the shares in the Property Company or a property held by such Property Company not previously included in the Security Pool or (iii) cancellation or prepayment of the facilities under the Debt Documents as a result of which the Allocated Loan Amount is to be reduced pro rata between the Properties provided that all necessary information has been delivered to the Bank Agent, together with the Parking Company Shares and the Managing Company Shares, if any, relating thereto. For the sake of clarity, any property company shall be a "Property Company" for the purposes of the Notes Finance Documents only if (i) the acquisition of such property company has been financed under the Bank Finance Documents and/or the Notes Finance Documents and/or funds standing to the credit of the Deposit Accounts and/or (ii) the shares in, and/or assets of, which becomeare subject to Transaction Security. For the purpose of Clause 11.8 (Insurances), a Property Company shall exclude any Development Company until the date on which the construction work in respect of the building (or part of the building, as applicable) situated on a Property owned by a Development Company has been finalised and the building (or part of the building, as applicable) subject to the construction work has been handed over to the possession of such Development Company.

Examples of Property Company in a sentence

• Subject to and in accordance with this Agreement, the Investor agrees to lend to the Property Company, the Principal Sum on the terms and subject to the conditions of this Agreement.

• On reaching the Minimum Subscription Amount, U Own will circulate an email to relevant Investors giving notice that the Minimum Subscription Amount has been achieved, the Investment Opportunity will proceed as set out in the Proposal, and that the Principal Sum will be transferred to the Property Company.

• In accordance with the Investor Framework Agreement, the Investor, being a Shareholder of the Property Company has agreed to provide the Property Company with a loan in the Principal Sum on an unsecured basis (the “Loan”).

• All payments made by the Property Company to the Investor under this Agreement shall be made in full without set-off and paid on the due date for that payment in sterling and in immediately cleared funds to the account of the Investor via the Website or any other account as the Investor may notify the Property Company.

• The Property Company shall be liable to repay the Loan, following the sale of the Property, all such payments to be made in full within 14 days of the date of completion of the relevant sale.

More Definitions of Property Company

Property Company means Amager Strandvej 60-64/Ved Amagerbanen 37 ApS, a company existing under the laws of Denmark with registration no. 37511455 which holds title to the Property.

Property Company means each of the Initial Property Companies and the Additional Property Company, excluding any Property Company that has been disposed by way of a Permitted Partial Divestment.

Property Company means a company which owns immovable property situated in Malta or any real rights thereon or a company which holds, directly or indirectly, shares or other interests in any entity or person, which owns immovable property situated in Malta or any real rights thereon where five percent or more of the total value of the said shares or other interests so held is attributable to such immovable property or rights:

Property Company means Malmö Katrinelund 27 AB, reg. no. 556934-3931.

Property Company means a company incorporated in England by UOWN for the sole purpose of owning and developing the Property.

Property Company means a direct or indirect subsidiary of the Company through which the Company indirectly holds an ownership, leasehold or other interest in one or more Properties. The Property Companies existing as of the Effective Date are set forth on Schedule B hereto.

Property Company means a Company primarily engaged in activities which include: