Property law

 ACIA Aero Leasing Completes Deliveries of Three ATR 72-600s, Facilitating Green Africa’s Takeoff

Retrieved on: 
Thursday, June 3, 2021
Other Travel, Finance, Travel, Professional services, Air, Aerospace, Transport, Manufacturing, Articles, Aircraft, Finance, Leasing, France–Italy relations, Contract law, Landlord–tenant law, Lessor, Property law, Aircraft lease, ATR 72, AERO, Green Africa, ACIA Aero Leasing, GREEN AFRICA, ACIA AERO LEASING

Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.

Key Points: 
  • Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.
  • ACIA Aero Leasing has been a very supportive partner and we are proud of this relationship.
  • www.greenafrica.com
    ACIA Aero Leasing (ACIA), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.
  • Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations.

Marin Agricultural Land Trust (MALT) Partners with Hog Island Oyster Company to Protect Historic Tomales Bay Ranch

Retrieved on: 
Wednesday, June 2, 2021
Agriculture, Natural Resources, Environment, Real property law, Geography of California, West Marin, Property law, Agriculture in the United States, Conservation easement, Energy law, Urban planning, Hog Island, Marin County, California, Easement, Geography of the United States

The Marin Agricultural Land Trust (MALT), a pioneering farmland trust in Californias Marin County, announced today that it has closed an agricultural conservation easement with Hog Island Oyster Company in Marshall, permanently protecting the 250-acre Leali Ranch for agriculture and cultivation of marine organisms.

Key Points: 
  • The Marin Agricultural Land Trust (MALT), a pioneering farmland trust in Californias Marin County, announced today that it has closed an agricultural conservation easement with Hog Island Oyster Company in Marshall, permanently protecting the 250-acre Leali Ranch for agriculture and cultivation of marine organisms.
  • Through this agricultural conservation easement, MALT permanently protects Leali Ranch and enables Hog Island Oyster Company to further invest in innovative circular production practices.
  • Hog Island Oyster Company, founded in 1983 by two marine biologists, has always taken a long-term view in its operations.
  • Marin Agricultural Land Trust is a nonprofit organization created in 1980 to permanently preserve Marin County farmland and establish Marin County as a thriving agricultural community in a healthy and diverse natural environment.

Cardinal Energy Ltd. Announces Strategic Acquisition

Retrieved on: 
Wednesday, June 2, 2021
Finance, Money, Economy, Corporate finance, Loans, Property law, Credit, Business law, Second lien loan, Promissory note, Lien, Government procurement in the United States

The Acquisition is expected to close on or before July 15, 2021.

Key Points: 
  • The Acquisition is expected to close on or before July 15, 2021.
  • With Cardinal's previously released increased budget combined with the Acquisition, average fourth quarter 2021 production is targeted to average approximately 21,500 boe/d, a 21% increase over our original 2021 budget.
  • In conjunction with the Acquisition, Cardinal intends to issue up to $12.5 million principal amount of subordinated second lien secured notes (the "Notes") which will bear interest at 10% per annum and have a three year term (the "Note Financing").
  • As part of the Note Financing, Cardinal has also agreed to issue one common share purchase warrant ("Warrant") for each $5.00 principal amount of Notes.

HEXO Corp Announces Public Offering of Senior Secured Convertible Notes

Retrieved on: 
Friday, May 28, 2021
Health sciences, Business law, Property law, Articles, Corporate finance, Lien, Convertible bond, Medical cannabis, Law

OTTAWA, May 27, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (HEXO, or the Company) (TSX: HEXO; NYSE: HEXO) announced today it has closed an offering (the Offering) of US$360,000,000 aggregate principal amount of senior secured convertible notes (the Notes) directly to an institutional purchaser and certain of its affiliates or related funds (collectively, the Purchaser).

Key Points: 
  • OTTAWA, May 27, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (HEXO, or the Company) (TSX: HEXO; NYSE: HEXO) announced today it has closed an offering (the Offering) of US$360,000,000 aggregate principal amount of senior secured convertible notes (the Notes) directly to an institutional purchaser and certain of its affiliates or related funds (collectively, the Purchaser).
  • If not previously converted, all principal repayments of the Notes will made be at a price equal to 110% of the principal amount of the Notes being repaid.
  • The Companys obligations under the Notes will be secured by a first priority lien on substantially all of the Companys assets.
  • HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, May 26, 2021
Articles, Business law, Contract law, Landlord–tenant law, Lease, Property law, Law, Private law

Total headcount for equipment finance companies was down 15.4 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.

Key Points: 
  • Total headcount for equipment finance companies was down 15.4 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in May is 72.1, easing from Aprils all-time high of 76.1, but still at historic high levels.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

Pacific Booker Minerals Inc. Announces Lease Decision Received

Retrieved on: 
Tuesday, May 25, 2021
Oil and gas law, Mineral rights, Property law, eMail, Mineral, Usenet newsgroup, Articles, Natural Resources, Computing

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) received the decision from the Chief Gold Commissioner.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) received the decision from the Chief Gold Commissioner.
  • He also decided to allow PBM to retain the mineral rights over the formerly occupied lease area.
  • The Company registered a new mineral tenure on the area of the lease and it is in good standing until May 2022.
  • If you would like to be added to or removed from our email newsgroup, please send your request by email to [email protected] .

Global Enterprise Asset Leasing Market (2020 to 2027) - by Asset Type, Leasing Type, Industry Vertical and Enterprise Size - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 25, 2021
Banking, Professional services, Finance, Articles, Business law, Contract law, Law, Landlord–tenant law, Legal documents, Property law, Private law, Lease, Lessor, Finance lease, Equirex

The "Enterprise Asset Leasing Market By Asset Type, Leasing Type, Industry Vertical and Enterprise Size: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Enterprise Asset Leasing Market By Asset Type, Leasing Type, Industry Vertical and Enterprise Size: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
  • Under financial leasing, the lessee is given the right to use the asset but the ownership lies with the lessor.
  • Growth in global average price of utility vehicles, shift in the risk of obsolescence, tax advantage and higher return on capital employed are the major factors that drive the growth of the global enterprise asset leasing market.
  • The global enterprise asset leasing market is segmented into asset type, leasing type, industry vertical, enterprise size and region.

Judge Rules South Dakota Can't Shirk Sinkhole Liability Lawsuit

Retrieved on: 
Friday, May 21, 2021
Minerals, Earth sciences, Oil and gas law, Property law, KARST, Sinkhole, Mineral rights, Gypsum

"You can\'t make millions off mining and retain the ownership of the subsurface estate, but then say you\'re not responsible for the damage caused to homes on the surface.

Key Points: 
  • "You can\'t make millions off mining and retain the ownership of the subsurface estate, but then say you\'re not responsible for the damage caused to homes on the surface.
  • "\nFor generations, the state operated gypsum mines throughout the region and still owns the subsurface mineral rights.
  • "\nThe large sinkholes that opened in April 2020 forced some homeowners in Hideaway Hills to evacuate their homes.
  • v. State of South Dakota et al., No.

Positive Economic News to Benefit Medical Office Buildings and Supurva Healthcare Group, Inc.

Retrieved on: 
Thursday, May 20, 2021
Articles, Business law, Contract law, Landlord–tenant law, Lease, Property law, Law, Private law

Healthcare systems and medical service providers were able to maintain good cash reserves enabling these providers to renew or extend lease terms in return for generous tenant improvement allowances.

Key Points: 
  • Healthcare systems and medical service providers were able to maintain good cash reserves enabling these providers to renew or extend lease terms in return for generous tenant improvement allowances.
  • With more favorable rental terms and increased cash flow, service providers are now looking to expand their operations.
  • The Company\'s MOBs can offer generous lease terms, economies of scale, superior locations for health systems and medical practices.\nReflecting upon the current economic environment for MOBs, the Company\'s CEO remarked, "with an aging population, the shift to ambulatory medical office buildings is booming.
  • The health systems will prioritize capital for hospital core assets and create additional opportunities in the medical office building sector for Supurva.

Kaizen Discovery Grants Stock Options

Retrieved on: 
Thursday, May 20, 2021
Options, Employee stock option, Employee compensation in the United States, Private law, Law, Labour law, Property law, Vesting, Incentive stock option, Articles, Kaizen

b'Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 428,570 common shares in the capital stock of the company.\nThe options are exercisable at a price of $0.07 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date of grant and the remaining 33 1/3% vesting two (2) years after the date of grant.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 428,570 common shares in the capital stock of the company.\nThe options are exercisable at a price of $0.07 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date of grant and the remaining 33 1/3% vesting two (2) years after the date of grant.
  • The options expire on May 19, 2026.\nKaizen is a Canadian mineral exploration and development company with exploration projects in Peru and Canada.
  • More information on Kaizen is available at www.kaizendiscovery.com\n'