Acquisition of Properties. At Closing, (i) BM–Country Club shall acquire title to the Country Club Apartments property identified on Exhibit A-1 of the Contract; (ii) BM–Hampton shall acquire title to the Hampton Green Apartments property identified on Exhibit A-2 of the Contract; (iii) BM–Oak Run shall acquire title to the Oak Run Apartments property identified on Exhibit A-3 of the Contract; and (iv) BM–Springhouse shall acquire title to the Springhouse Apartments property identified on Exhibit A-4 of the Contract.
Acquisition of Properties. The Loan Parties shall not, and shall not permit any of their respective Subsidiaries to, make an Acquisition of a fee or leasehold interest in any hotel property after the Closing Date except in accordance with the provisions of subsection 2.9.
Acquisition of Properties. During the Acquisition Period, Owner shall upon Lennar’s request cause an Owner Party to acquire all Proposed Projects meeting the Program Criteria (“Target Properties”). Properties not qualifying as a Target Property may be admitted into the Program upon the mutual approval of Xxxxxx and Owner. The Parties acknowledge that there may be certain Properties where all of the Program Criteria have not been satisfied in all material respects or where there are other material unusual development risks (“Material Unresolved Issues”), such as, by way of example, significant discretionary permits/approvals that are not in place at the time of Owner’s review of the Property. In any such event, Lennar and Owner shall have the right (but not the obligation) to admit such Properties to the Program and Owner may condition such admission on the inclusion of provision requiring Lennar to repurchase the Property if the Material Unresolved Issues are not resolved on a timely basis, all as reasonably determined by the Owner.
Acquisition of Properties. 2.1 Advise on contract for sale
2.2 Agree preparation of legal terms and documents for sale
2.3 Undertake title and local authority searches
Acquisition of Properties. 4.2.1 The Parties agree that as soon as reasonably practicable upon each Property satisfying the Investment Criteria and subject to the Credit Facility condition precedent in Clause 9.1.1 of the Joint Venture Agreement being satisfied, the Property shall be contributed to the relevant Asset Company in accordance with the terms and conditions of the Joint Venture Agreement.
4.2.2 Shurgard agrees that at the time of the contribution of the Property to the relevant Asset Company the representations set out in Clause 5.1.1 (subject to Clause 5.1.3) must be true in respect of the Property.
4.2.3 At the acquisition of a Property by the relevant Asset Company, Shurgard shall be reimbursed as set forth in Clause 9.
Acquisition of Properties. 64 A. Acquisition and Addition of Pool A Properties..... 64 B. Acquisition of Pool B Properties.................. 65 C.
Acquisition of Properties. 69 2.10 Releases of Pool A Properties and Other Collateral.. 75
Acquisition of Properties. Borrower shall not, and shall not permit any of their respective Subsidiaries to, make an Acquisition of a fee or leasehold interest in any real property after the Closing Date.
Acquisition of Properties. During the term of the Company, the Company shall seek to acquire Properties from third parties that are not Affiliates (as defined in Section 16.13 and except as provided in Section 6.2 hereof) of Inland or SAU that meet the Investment Guidelines. The Manager will use commercially reasonable efforts to identify Properties that meet the Investment Guidelines.
Acquisition of Properties. For the two-year period from and after the date of this Agreement (the “Acquisition Period”), the Company shall seek to acquire properties from third parties which are not Affiliates (as defined in Section 16.13) of Inland or NYSTRS (individually, a “Property”, and collectively, the “Properties”) that meet the Investment Guidelines; provided, however, that the Acquisition Period may be extended for one additional one-year period by written agreement of the Members. When determined by the Executive Committee (as defined herein) to be appropriate, the Company may acquire equity interests in entities which own or have interests in retail properties at locations in or around the Investment Area, which equity interests may be acquired either directly or through Subsidiaries, and as either general partnership, limited partnership, manager or membership interests (an “Equity Interest”). The Company shall use its best efforts to cause any Equity Interest to be transferable among the Members in accordance with the purchase and sale rights contained in Article 10 of this Agreement, or as otherwise agreed to by the Members. For purposes of this Agreement, ownership of any Equity Interest shall be deemed to be ownership of a “Property” hereunder. At the end of the Acquisition Period, the Company shall cease to acquire Properties; provided, however, that it shall complete any transactions to acquire Properties for which it has become contractually bound during the Acquisition Period.
