Examples of Land Partnership in a sentence
Represents direct equity investments in Arapahoe Crossings, L.P.; BPR Land Partnership, L.P.; BPR Shopping Center, L.P.; BPR South, L.P.; CA New Plan Acquisition Fund, LLC; CA New Plan Venture Direct Investment Fund, LLC; CA New Plan Venture Fund, LLC; Galileo America LLC; NP/I&G Institutional Retail Company, LLC; NP/I&G Institutional Retail Company II, LLC; NPK Redevelopment I, LLC and Westgate Mall, LLC.
The Contributor has performed all of its obligations under the Sugar Land Partnership Agreement.
The Sugar Land Partnership Agreement is in force and effect as of the date hereof, and has not been further modified or amended.
All Base Rent and Additional Rent (collectively "Rents") shall be paid as follows, unless otherwise directed in writing: Draper Land Partnership II; Attn: Xxx Xxxxxxxxx; 00 Xxxx Xxxxxxxxx Xxxx Dr., Draper, UT 84020.
The Contributors shall cause the Land Partnership to deliver possession of the Tract to Weeks on the contribution date.
To the extent required by the "City Documents" or the "Franchise Documents" (as those terms are defined in the Sugar Land Partnership Agreement, the Acquirer shall have obtained the consent of the City of Sugar Land, Texas, Xxxxxxxxx Properties Incorporated, the Sugar Land Town Square Development Authority and/or Marriott International, Inc.
At March 31, 2007, the Land Partnership had total assets of $26,398, principally land held for future development, total liabilities of $12,076 (including a secured note payable of $12,000 to the Company) and total equity of $14,322 (including the Company’s equity investment of $4,136).
Each time a Tract is to be contributed to Weeks by the Contributors pursuant to this Agreement: (i) on the contribution date, the Contributors shall cause the Land Partnership to convey good and marketable fee simple title to the Tract to Weeks by general warranty deed subject only to Permitted Title Exceptions, and (ii) in exchange for the contribution by the Land Partnership, as described in the immediately preceding clause (i), Weeks shall issue Units to the Contributors as provided in this Agreement.
In July 2007, the Land Partnership commenced construction of a mixed-use development, consisting of for-sale condominiums and class A office space, financed through additional equity contributions totaling approximately $17,115 and through borrowings under a $187,128 construction loan facility bearing interest at LIBOR plus 1.35%.
At June 30, 2007, the Land Partnership had total assets of $32,240, principally land and pre-development costs, total liabilities of $15,016 (including a secured note payable of $12,000 to the Company) and total equity of $17,224 (including the Company’s equity investment of $4,650).