AMB LP definition
Examples of AMB LP in a sentence
On the basis of this review, AMB LP has reasonably concluded that such associated liabilities and costs, including, without limitation, the costs of compliance with Environmental Laws, are unlikely to have a Material Adverse Effect.
If AMB LP shall enter into any forward equity contracts, AMB LP may only settle the same by delivery of stock, it being agreed that if AMB LP shall settle the same with cash, the same shall constitute an Event of Default hereunder unless AMB LP shall have received the unanimous consent of the Banks to settle such forward equity contracts with cash.
The charges, accruals and reserves on the books of the Credit Parties and their respective Consolidated Subsidiaries in respect of taxes or other governmental charges are, in the opinion of AMB LP, adequate.
The charges, accruals and reserves on the books of the AMB LP, AMB and their Consolidated Subsidiaries in respect of taxes or other governmental charges are, in the opinion of AMB LP, adequate.
AMB LP’s primary business will not be substantially different from that conducted by AMB LP on the Closing Date and shall include the ownership, operation and development of Real Property Assets and any other business activities of AMB LP and its Subsidiaries will remain incidental thereto.
Neither AMB LP nor any of its Subsidiaries shall become subject to any Environmental Claim which has a Material Adverse Effect, including, without limitation, any arising out of or related to (i) the release or threatened release of any Material of Environmental Concern into the environment, or any remedial action in response thereto, or (ii) any violation of any Environmental Laws.
AMB LP and each Borrower has the requisite power and authority to execute, deliver and carry out the terms and provisions of each of the Loan Documents to which it is a party and has taken all necessary action, if any, to authorize the execution and delivery on behalf of AMB LP or such Borrower and the performance by AMB LP or such Borrower of the Loan Documents to which it is a party.
During the continuance of a monetary Event of Default, AMB LP shall only pay partnership distributions that are necessary to enable AMB to make those dividends necessary to maintain AMB’s status as a real estate investment trust.
AMB LP shall do or cause to be done, all things necessary to preserve and keep in full force and effect its, each Borrower’s, AMB’s and their Consolidated Subsidiaries’ existence and its patents, trademarks, service marks, trade names, copyrights, franchises, licenses, permits, certificates, authorizations, qualifications, accreditation, easements, rights of way and other rights, consents and approvals the nonexistence of which is likely to have a Material Adverse Effect.
AMB LP shall not permit the ratio of Secured Debt to Total Asset Value of AMB LP to exceed 0.25:1 at any time.