Granite LP definition

Granite LP means Granite REIT Holdings Limited Partnership.

Granite LP means Granite REIT Holdings Limited Partnership. “Granite REIT” means Granite Real Estate Investment Trust.

Granite LP means Granite REIT Holdings Limited Partnership / Société en commandite Holding FPI Granite, a limited partnership formed under the laws of Québec;

Examples of Granite LP in a sentence

• Interest on drawn amounts is calculated based on the Canadian Dollar Offered Rate (“CDOR”) plus an applicable margin determined by reference to the external credit rating of Granite LP and is payable monthly in advance.

• Interest on drawn amounts is calculated based on LIBOR plus an applicable margin determined by reference to the external credit rating of Granite LP and is payable monthly in arrears.

• On November 30, 2023, Granite LP repaid in full the outstanding $400.0 million aggregate principal amount of the 2023 Debentures.

• Interest on drawn amounts is calculated based on Secured Overnight Financing Rate ("SOFR") plus an applicable margin determined by reference to the external credit rating of Granite LP and is payable monthly in arrears.

• Notwithstanding any of the foregoing, prior to an Event of Uncoupling, no Trustee or officer of Granite REIT will have a Disclosable Interest in a contract or transaction or proposed contract or transaction with Granite REIT solely by virtue of such person being a director or officer of Granite GP or Granite LP or any of their affiliates.

• This column includes the necessary amounts to eliminate the intercompany balances between Granite, Granite LP and other subsidiaries and other adjustments to arrive at the information for Granite on a combined consolidated basis.

• Interest on drawn amounts is calculated based on SOFR plus an applicable margin determined by reference to the external credit rating of Granite LP and is payable monthly in arrears.

• There are no other subsidiaries of the parent credit supporter other than Granite LP and its consolidated subsidiaries.

• The percentages of the votes attaching to all voting securities beneficially owned by Granite LP or over which Granite exercises control or direction, directly or indirectly, are also indicated.

• Granite REIT 2022 55 Unsecured Debt 2025 Term Loan On September 15, 2022, Granite REIT Holdings Limited Partnership ("Granite LP") entered into and fully drew upon a US$400.0 million senior unsecured non-revolving term facility that will mature on September 15, 2025 (“2025 Term Loan”).

More Definitions of Granite LP

Granite LP means Granite REIT Holdings Limited Partnership / Société en Commandite Holding FPI Granite, a limited partnership under the laws of Québec, the general partner of which (on the date hereof) is Granite GP;

Granite LP means Granite REIT Holdings Limited Partnership, a limited partnership formed under the laws of Québec;

Granite LP means Granite REIT Holdings Limited Partnership / Société en commandite Holding FPI Granite, a limited partnership formed under the laws of Québec, and includes any successor thereof;

Granite LP means Granite REIT Holdings Limited Partnership;

Granite LP means a limited partnership to be formed under the laws of Québec to participate in the Arrangement, as contemplated in the Plan of Arrangement and the Arrangement Agreement;