Initial Investments definition

Initial Investments means the following Investments, each as referenced on Exhibit D: Bent Tree Apartments, Evergreens at Mt. Moriah Apartments, and mezzanine loans for Waters at Elm Creek and Waters at Bluff Springs.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Initial Investments means and includes the acquisition by Borrower from Birchtree of

Initial Investments has the meaning given in Clause 4.1; “Initial Investors” has the meaning given in Clause 4.1; “Investment Date” has the meaning given in Clause 4.1; “Investors” has the meaning given in Clause 4.1;

Examples of Initial Investments in a sentence

Further, it is not the intention of the parties that such conveyances be deemed a pledge of the Initial Investments by the Seller to the Purchaser to secure a debt or other obligation of the Seller.
Upon completion of the Formation Transactions, the Operating Partnership will have no subsidiaries other than the entities through which it will own interests in the Initial Properties or the Initial Investments.
Except for the acquisition of the Initial Investments (which have already been approved by the Independent Director, the Manager agrees that any Primary Investments or Other Real Estate Related Assets to be acquired by the Company (or one of its Subsidiaries) from the Manager (or one of its Affiliates) shall require the approval of a majority of the Independent Directors of the Company.
All such work shall be executed under the conditions of the original contract, except that any claim for extension of time caused thereby shall be adjusted at the time of ordering such change.
The obligation of the Seller hereunder to sell the Initial Investments is subject to receipt of the Purchase Price in immediately available funds.
On the Closing Date (as hereafter defined), Seller agrees to sell, assign, and transfer to Purchaser, and Purchaser agrees to purchase and accept from Seller, all of Seller's right, title and interest in the Initial Investments, in accordance with the terms and conditions of this Agreement.
The Seller and the Purchaser shall, to the extent consistent with this Agreement, take such actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Initial Investments, such security interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of this Agreement.
Upon request from time to time, the Seller shall execute and deliver all documents, make all truthful oaths, testify in any proceedings and do all other acts that may be reasonably necessary or desirable, in the reasonable opinion of the Purchaser, to carry out the terms of this Agreement and to effect the sale of the Initial Investments to the Purchaser.
It is understood and agreed that the representations and warranties set forth in Section 4 herein shall survive delivery of the Initial Investments to the Purchaser, and shall inure to the benefit of the Purchaser notwithstanding any restrictive or qualified endorsement or assignment.
Seller desires to sell, and Purchaser desires to purchase, all of Seller's' right, title and interest in the Initial Investments.

More Definitions of Initial Investments

Initial Investments means collectively, the Company Debenture and the Eligible Debt Securities to be purchased with the Initial LLC Proceeds.

Initial Investments has the meaning set forth in Section 3.2(b).

Initial Investments means and includes the acquisition by Borrower from Birchtree of (a) 98% of the issued and outstanding Common Interest in Mapletree and (b) the entire issued and outstanding Special Equity Interest in Birchtree, all pursuant to and in accordance with the Borrower Purchase Agreement.

Initial Investments means the initial investments of the Partnership made prior to the Principal Closing Date.

Initial Investments means investments, including income thereon, made by the Company as permitted to be made by BDCs under the 1940 Act which are not Primary Investments.

Initial Investments means the portfolio of private equity assets purchased by the Company from Lehman Brothers Holdings Inc. in connection with the Initial Global Offering;