Gentry Mills definition

Gentry Mills means Gentry Mills Capital, L.L.C., a Texas limited liability company and an Affiliate of the General Partner.

Examples of Gentry Mills in a sentence

  • As of the Commencement Date, the General Partner admitted Gentry Mills, the initial Limited Partner to the Partnership, as a Limited Partner.

  • Notwithstanding the foregoing, Gentry Mills will be permitted to transfer its Partnership Interest to any of its Affiliates without the approval of any other Partner other than the General Partner.

  • As the Partnership receives Capital Contributions from Additional Limited Partners, the Partnership shall distribute to Gentry Mills, as a return of capital distribution, the net amount thereof after applicable broker-dealer commissions with respect thereto as set forth in the Memorandum and the acquisition fee with respect thereto as provided in Section 5.1(a), to be applied to repayment of the principal of the Bridge Loan.

  • At such time as the Partnership is required to make its capital contribution under the terms of the Property LLC Agreement in exchange for its Class A member interest in the Property LLC, Gentry Mills shall contribute such amount to the Partnership as a Capital Contribution, to be funded in whole or in part by the Bridge Loan.

  • In accordance with the Property Partnership Agreement, upon the sale of the Property by the Property Partnership, the Property Partnership is required to pay Gentry Mills a fee in the amount of 1% of the gross sale price of the Property, payable as an expense of the sale, upon the consummation of such sale, out of net closing proceeds (after debt repayment and other customary closing costs).

  • The asset manager will be named by the Partnership, and may at any time be replaced with be an affiliate of Gentry Mills.

  • Upon the closing of the sale, Gentry Mills will be entitled to its 1% disposition fee.

  • In accordance with the Property LLC Agreement, upon the sale of the Property by the Property LLC’ subsidiaries, the Property LLC is required to pay Gentry Mills a fee in the amount of 1% of the gross sale price of the Property, payable as an expense of the sale, upon the consummation of such sale, out of net closing proceeds (after debt repayment and other customary closing costs).

  • In accordance with the Property LLC Agreement, the Property LLC is required to pay Gentry Mills a monthly investor management fee in the amount of $4,500.00 during the term of the Property LLC (pro rated for periods of less than one calendar month).

  • As the Partnership receives Capital Contributions from Additional Limited Partners, the Partnership shall distribute to Gentry Mills, as a return of capital distribution, the net amount thereof after applicable broker-dealer commissions with respect thereto as set forth in the Memorandum, to be applied to repayment of the principal of the Bridge Loan.

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