Initial Properties definition

Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.
Initial Properties means the interests in a portfolio of 27 income-producing properties, comprised of 26 retail, office and industrial properties and one land lease community, which were indirectly acquired by the REIT concurrently with the completion of the IPO.
Initial Properties means those properties listed in Exhibit B hereto.

Examples of Initial Properties in a sentence

  • Notwithstanding the foregoing, subscription proceeds relating to the Initial Public Offering, Royalty Revenues and any cash flow and other revenues generated from or associated with any interest of the Corporation, FHT or the Partnership in the HB Lands Royalties or the Additional Royalties, or of the Corporation, FHT or the Partnership in the Initial Properties or Additional Properties, may not be commingled with the funds of any other entity which is managed by the Manager.

  • As of the date hereof, the Members have made or are deemed to have made the Capital Contributions set forth on Schedule 3.1 hereto, which amounts represent the funds necessary to cause each Member to have funded its Percentage Interest (as of the date hereof) of the sum of all pursuit costs and closing costs required in connection with the acquisition of the Initial Properties.

  • The Trust shall contribute to the capital of the Partnership such Initial Properties as specified on Exhibit B hereof.

  • As of the Closing Date, the Borrower represents and warrants to the Lenders and the Administrative Agent that the Initial Properties qualify as Eligible Properties and that the information provided on Schedule 1.1 is true and correct in all material respects.

  • Global Logistic Properties Limited (“GLP” or the “Company”) refers to the announcements dated 1 and 5 November 2012 in relation to the J-REIT (together, the “Announcements”) and wishes to announce that on 13 November 2012, the Group and the J-REIT have entered into sale and purchase agreements for the Initial Sale with respect to the J-REIT Initial Properties and purchase option agreements for the Optional Sale with respect to the J-REIT Optional Properties.


More Definitions of Initial Properties

Initial Properties means the properties and assets to be acquired by the Corporation from the Vendors pursuant to the Sale Agreement;
Initial Properties means collectively the Hotel Properties listed on Schedule 1.01(b), and “Initial Property” means any of such Hotel Properties.
Initial Properties means the portfolio of 425 properties totaling approximately 35.3 million square feet of GLA, comprising 415 retail properties, nine warehouse properties and one office complex that the Trust indirectly acquired through the Partnership in connection with its initial public offering in 2013, and “Initial Property” means any one of them.
Initial Properties means collectively the Hotel Properties listed on ------------------ Schedule 1.01(b), and "Initial Property" means any of such Hotel Properties. ----------------
Initial Properties means the 27 income-producing office, industrial, and retail properties acquired by the REIT from the Manager in connection with the IPO, as further described herein.
Initial Properties means the portfolio of 256 properties, consisting of 255 retail properties across Canada and one Industrial Property that CT REIT indirectly acquired through the Partnership from CTC on October 23, 2013 in connection with the Initial Public Offering.
Initial Properties means the 14 properties acquired by the REIT pursuant to the IPO.