Examples of ARC REIT in a sentence
ARC REIT has a one hundred (100%) percent general partnership interest in ARC IV.
ARC IV REIT, Inc., a Maryland corporation ("ARC REIT") is the sole general partner of ARC IV.
To the Borrower’s knowledge, none of ARC REIT, the Borrower or any Subsidiary has contingent liabilities which are material to it and are required to be set forth in its financial statements or notes thereto in accordance with GAAP other than as indicated on such financial statements and notes thereto (including with respect to future periods as to which this representation is required to be remade, on the financial statements furnished pursuant to Section 8.5 hereof).
In 2015 and 2017, XYZ increased its revenue from prior years by generating $1,016,910 and $999,932, respectively.
Payments are received directly in the Treasurer’s Office, through the mails, via online electronic checking transactions, and lock-box.• Receiving and reconciling all deposits from all departments and authorities that charge fees and/or receive monies.
As a result of those negotiations, the minimum pay for an hourly worker in RPS is now at least $18 per hour and will rise to $19 per hour during the 2023-2024 school year.
Furthermore, we note that to the extent that a court did not enforce the retroactive effect of that provision, it would likely deny a claim that the netting provisions of Section 6(e) would be available as a contractual matter, as discussed in Section 4.3#7.3. Accordingly, in such event, the parties to the ISDA Master Agreements would need to rely on the insolvency set-off provisions of Israeli law discussed infra in Section 4.4#7.4 of this memorandum.
Each of ARC REIT and the Borrower has full and adequate power to own its Property and conduct its business as now conducted, and is duly licensed or qualified and in good standing in each jurisdiction in which the nature of the business conducted by it or the nature of the Property owned or leased by it requires such licensing or qualifying; except to the extent that the failure to do so would not have a Material Adverse Effect.
The Fiscal Year of ARC REIT and its Subsidiaries ends on December 31 of each year; and the Borrower shall not, nor shall it permit ARC REIT or any Subsidiary to, change its Fiscal Year from its present basis.
ARC REIT, the Borrower and its Subsidiaries, taken as a whole, are solvent, able to pay their debts as they become due, and have sufficient capital to carry on their business as presently conducted and all businesses (if any) which are currently contemplated to be undertaken by them.