Examples of Finance Sub in a sentence
The REIT has not owned and does not anticipate to own an actual or Constructive interest in any corporation, partnership, association, trust, joint venture, limited liability company or other entity other than its actual or Constructive interests in the Partnerships, the Finance Sub, the Management Company, and the trusts established by the Finance Partnership to facilitate the borrowing by the Finance Partnership.
One hundred percent (100%) of the stock of the Finance Sub has been and will be held by the REIT at all times during the existence of the Finance Sub.
The REIT, the Finance Sub, and the Partnerships have not earned and will not earn fees for services performed, or other income (whether or not through a manager) not described in clauses (i) through (viii) of paragraph 13(a) above, other than with respect to (i) Foreclosure Property and (ii) income, if any attributable to reimbursements paid by the Operating Partnership and Finance Partnership to the REIT pursuant to the terms of the Partnership Agreements.
After giving effect to the Finance Sub 1 Merger: XXXXXXXX INTERNATIONAL HOLDINGS, INC.
The REIT has contributed to Finance Sub a promissory note (the "Demand Note"), in the aggregate principal amount of $10 million payable to Finance Sub on demand, proceeds from which may be used to satisfy any of Finance Sub's obligations as general partner of the Finance Partnership.