Use of special purpose vehicles. The AIFM opens and conducts only those SPVs for its investments which are the Real Estate Companies. Each SPV has to be in accordance with point f (xv), being audited once a year and under the influence of the AIFM. The influence can especially be the control of financial transactions or being the shareholder. Each SPV has only one investment.
Appears in 2 contracts
Samples: Czech Real Estate Investment Fund, Czech Real Estate Investment Fund
Use of special purpose vehicles. The AIFM opens and conducts only those SPVs for its investments which are the Real Estate Companies. Each SPV has to be in accordance with point f (xvxiv), being audited once a year and under the influence of the AIFM. The influence can especially be the control of financial transactions or being the shareholder. Each SPV has only one investment.
Appears in 2 contracts
Samples: Czech Real Estate Investment Fund, Czech Real Estate Investment Fund