Acquisition of Portfolio. At the Property Closing (as defined in the Prospectus), the Trustees shall use a portion of the proceeds, net of expenses and the Underwriters’ Fee (as defined in the Prospectus), from the sale of Receipt Units pursuant to the Prospectus, to pay to Cominar, the cash portion of the purchase price for the Portfolio and the Assets.
Appears in 4 contracts
Samples: Contract of Trust, Contract of Trust, Contract of Trust
