Family Assets definition
Examples of Family Assets in a sentence
The purpose of the Partnership is to make a Profit, increase wealth, and provide a means for the Family to become knowledgeable of, manage, and preserve Family Assets.
At the Closing, (i) the Crow Family Entities shall consummate the Purchase and Sale of the Crow Family Assets to Patriot OP and BMOC OP, subject to the terms of the Purchase and Sale Agreement, and (ii) Patriot, BMOC, the Principal Stockholder, certain of the Management Stockholders and certain other stockholders of Wyndham shall enter into a registration rights agreement in substantially the form of Exhibit A attached hereto (the "Registration Rights Agreement").
The aggregate of (a) Underwritten NOI for Multi-Family Assets owned less than twelve (12) months and (b) Adjusted NOI for Multi- Family Assets owned twelve (12) months or longer.
Except for the ▇▇▇▇▇▇▇▇ Family Assets (as defined in the RSA), no Related Party has any right, title or interest in, to or under any assets or other property, real or personal or mixed, tangible or intangible, used or operated by the Company or any of its subsidiaries in connection with its business.
Annual income as defined at 24 CFR Part 5.6 (except when determining the income of a homeowner for an owner- occupied rehabilitation project, the value of the homeowner's principal residence may be excluded from the calculation of Net Family Assets, as defined in 24 CFR Part 5.6); or§ 5.609 Annual income.
Net Family Assets shall include the value of any assets disposed of by an applicant or tenant for less than fair market value (including a disposition in trust, but not in a foreclosure or bankruptcy sale) during the two (2) years preceding the date of application for the program or reexamination, as applicable, in excess of the consideration received therefore.
At the Closing, (i) the Crow Family Entities shall consummate the Purchase and Sale of the Crow Family Assets to Patriot OP and BMOC OP, subject to the terms of the Purchase and Sale Agreement, and (ii) Patriot, BMOC, the Principal Stockholder, certain of the Management Stockholders and certain other stockholders of Wyndham shall enter into a registration rights agreement in substantially the form of Exhibit A attached hereto (the "Registration Rights --------- Agreement").