Initial Properties definition

Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

Initial Properties means collectively the Hotel Properties listed on ------------------ Schedule 1.01(b), and "Initial Property" means any of such Hotel Properties. ----------------

Initial Properties means the interests in a portfolio of 27 income-producing properties, comprised of 26 retail, office and industrial properties and one land lease community, which were indirectly acquired by the REIT concurrently with the completion of the IPO.

Examples of Initial Properties in a sentence

• As more fully set forth therein, the Addenda supplement the terms and conditions of the Option Agreement and Construction Agreement and otherwise set forth the terms and conditions applicable to the Initial Properties.

• Once acquired by the Owner Parties, the Supplemental Transferred Assets shall be deemed Initial Properties for purposes of this Agreement, the Option Agreement and the Construction Agreement (including, without limitation, for purposes of determining the Applicable Rate).

• The parties acknowledge that the Addenda for the Initial Properties (including the Supplemental Transferred Assets, if and when acquired) will in some cases been prepared utilizing estimates and projections.

• The Initial Properties are admitted to the Program and are not subject to additional review or approval by the Parties.

• The Memo of Option shall be recorded against the Property immediately following execution of this Agreement with respect to the Initial Properties and otherwise concurrently with the Owner Party’s acquisition of Future Properties.

More Definitions of Initial Properties

Initial Properties means the portfolio of 425 properties totaling approximately 35.3 million square feet of GLA, comprising 415 retail properties, nine warehouse properties and one office complex that the Trust indirectly acquired through the Partnership in connection with its initial public offering in 2013, and “Initial Property” means any one of them.

Initial Properties means those properties listed in Exhibit B hereto.

Initial Properties means the properties and assets to be acquired by the Corporation from the Vendors pursuant to the Sale Agreement;

Initial Properties means the portfolio of 256 properties, consisting of 255 retail properties across Canada and one Industrial Property that CT REIT indirectly acquired through the Partnership from CTC on October 23, 2013 in connection with the Initial Public Offering.

Initial Properties means the 27 income-producing office, industrial, and retail properties acquired by the REIT from the Manager in connection with the IPO, as further described herein.

Initial Properties means the 14 properties acquired by the REIT pursuant to the IPO.

Initial Properties means the portfolio of 26 commercial properties located in Ontario, Saskatchewan, Alberta and British Columbia totaling approximately 958,000 square feet of GLA that the REIT indirectly acquired through the Partnership in conjunction with closing of the IPO, and “Initial Property” means any one of them.