Acquisition Reports Clause Samples
Acquisition Reports. At least quarterly within sixty (60) days after the end of each quarter during which the Partnership has acquired real property, an “Acquisition Report” of any real property acquisitions within the prior quarter shall be sent to all Limited Partners, including a description of the general character of all materially important real properties acquired or presently intended to be acquired by or leased to the Partnership during the quarter. Such report shall contain the following information (i) a description of the geographic location and of the market upon which the General Partners are relying in projecting successful operation of the property acquired within such quarter, including all facts which reasonably appear to the General Partners to materially influence the value of the property; (ii) a statement of the date and amount of the appraised value of the property; (iii) a statement of the actual purchase price including terms of the purchase, the identity of the seller and an itemization of all monies paid to officers, directors or affiliates in connection with the purchase; (iv) a statement of the total amount of cash expended by the Partnership to acquire each such property; (v) the present or proposed use of such properties and their suitability and adequacy for such use; (vi) the terms of any material lease affecting the property; (vii) a description of the proposed method of financing, including estimated down payment, leverage ratio, prepaid interest, balloon payment(s), prepayment penalties, due-on-sale or encumbrance clauses and possible adverse effects thereof and similar details of the proposed financing plan; (viii) a statement that title insurance and any required construction, permanent or other financing and performance bonds or other assurances with respect to builders have been or will be obtained on all properties acquired; and (ix) a statement regarding the amount of proceeds of the Offering (in both dollar amount and as a percentage of the net proceeds of the Offering available for investment) which remain unexpended or uncommitted.
Acquisition Reports. Until the proceeds of the Offering available for investment have been invested or committed for investment, Proinvest shall prepare and send to the Owner for transmittal to the Members a quarterly report of any Asset acquisitions within the prior quarter. Such report shall contain the following information (i) a description of the geographic location of the Asset acquired within such quarter; (ii) a statement of the Contract Purchase Price including terms of the purchase; (iii) the present or proposed use of such Asset; (vi) the terms of any material lease affecting such Asset; (v) a description of the proposed method of financing, including estimated down payment and leverage ratio; and (vi) if known to Proinvest, a statement regarding the amount of then received proceeds of the Offering (in both dollar amount and as a percentage of the total net proceeds of the Offering anticipated to be available for investment in Assets) which remain unexpended or uncommitted. Such quarterly report shall be provided by Proinvest to the Owner within fifteen (15) days after the end of each calendar quarter.
Acquisition Reports. (a) The City will submit copies of its acquisition reports which are submitted to the Primacy Agency, pursuant to the Interim and 1997 FADs, to NYSDEC, and to the Watershed Protection and Partnership Council. Such reports will include the following information for all parcels and easements acquired during the reporting period: address; description of the property, including any easement; county and town where property is located; tax map number; acreage; closing date; and map of property. The acquisition report shall also contain cumulative totals of acreage solicited and acreage acquired identified by Town and Priority Area. The Watershed Protection and Partnership Council shall review such reports and may make recommendations on the adequacy of the land acquisition program to the Primacy Agency. The Council may not recommend that the City increase its financial commitment to the land acquisition program, without the City’s consent.
(b) The State will submit annual progress reports on its Croton land acquisition program within thirty (30) days of the end of each State fiscal year to the Watershed Protection and Partnership Council. Such reports will contain the following information for all parcels and easements acquired during the previous fiscal year: address; description of the property, including any easement; county and town where property is located; tax map number; acreage; closing date; and map of property. The acquisition report shall also contain cumulative totals of acreage acquired identified by Town and Priority Area and money spent. The Watershed Protection and Partnership Council shall review such reports and may make recommendations on the adequacy of the land acquisition program to the State.
Acquisition Reports. Participant will submit all acquisition royalty payments with an acquisition report, identifying separately for each sale: (i) the identification number assigned to the Boxabl Unit that is the subject of such sale; (ii) the purchaser; (iii) the total monetary amounts and other consideration paid or payable by the purchaser; (iv) any taxes and other deductions authorized under Section 1.13 above; (v) the calculated Net Selling Price; and (vi) the calculated acquisition royalty due (“Acquisition Report”).
Acquisition Reports. The General Partners shall distribute to each Limited Partner and Unitholder within 45 days after the end of each fiscal quarter in which Partnership Properties are acquired, a report which shall describe: (i) the location and a description of the general character of all materially important Properties acquired or presently intended to be acquired by the Partnership during the quarter; (ii) the present or proposed use of such Properties and their suitability and adequacy for such use; (iii) the terms of any material lease affecting the Property; (iv) the proposed method of financing, including estimated down payment, leverage ratio, prepaid interest, balloon payment(s), prepayment penalties, due-on-sale or encumbrance clauses and possible adverse effects thereof and similar details of the proposed financing plan; (v) a statement that title insurance and any required permanent or other financing have been or will be obtained on all Properties acquired; and (vi) such other relevant information with respect to the acquisition of such Properties as the General Partner deems appropriate (including by way of illustration the date and appraised value of the real property, and the amount of Net Proceeds remaining uncommitted, in terms of dollars and percentage of Gross Proceeds).
Acquisition Reports. As soon as practicable and in any event prior to any business acquisition, consolidated balance sheet of the Borrower, its Subsidiaries and the targeted acquisition company, together with consolidated statement of income, earnings , cash flows and expenses, for the immediately preceding 12-month period, and certified by a Senior Officer of the Borrower, demonstrating the consolidated company's ability to meet the :financial covenants set forth by Lender.
Acquisition Reports. Within 5 days after the execution by Borrower or any other Company, a copy of any Asset Purchase Agreement, contract or other written agreement governing such proposed Acquisition.