Lotus Crux definition

Lotus Crux means Lotus Crux REIT LP and/or Lotus Crux Acquisition, as applicable. “Lotus Crux Acquisition” means Lotus Crux Acquisition LP.
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Lotus Crux means Lotus Crux REIT LP.
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Lotus Crux means Lotus Crux REIT LP. “LPI” means Lotus Pacific Investments Inc.
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Examples of Lotus Crux in a sentence

  • Pursuant to the Strategic Investment Agreement, Lotus Crux Acquisition will receive a fee of 0.875% of the purchase cost from the REIT on acquisitions of certain properties owned by Lotus Crux Acquisition or related parties.

  • On September 30, 2014, the REIT entered into a strategic investment agreement (the “Strategic Investment Agreement”) with Lotus Crux Acquisition LP (“Lotus Crux Acquisition”).

  • Lotus Crux Acquisition is controlled by a general partner controlled by two trustees of the REIT, Peter Aghar and Shenoor Jadavji, who also have an interest in Lotus Crux Acquisition and the REIT.

  • The REIT is a party to a strategic investment agreement with Lotus Crux Acquisition LP (“Lotus Crux”), which management of the REIT believes will provide the REIT with enhanced coverage of major Canadian markets, especially in Western Canada, as well as access to Lotus Crux’s network of relationships with real estate market participants in these markets, resulting in access to a pipeline of potential acquisition and investment opportunities not otherwise available to the REIT.

  • Pursuant to the Strategic Investment Agreement, Lotus Crux will receive a fee of 0.875% of the purchase cost from the REIT on acquisitions of certain properties owned by Lotus Crux or related parties.

  • The REIT is a party to a strategic investment agreement with Lotus Crux Acquisition LP (“Lotus Crux”), which management of the REIT believes it will provide the REIT with enhanced coverage of major Canadian markets, especially in Western Canada, as well as access to Lotus Crux’s network of relationships with real estate market participants in these markets, resulting in access to a pipeline of potential acquisition and investment opportunities not otherwise available to the REIT.

  • Pursuant to the Strategic Investment Agreement, Lotus Crux Acquisition was entitled to receive a fee of 0.875% of the purchase cost from the REIT on acquisitions of certain properties owned by Lotus Crux Acquisition or related parties.

  • RELATED PARTY TRANSACTIONS On September 30, 2014, the REIT entered into a strategic investment agreement (the “Strategic Investment Agreement”) with Lotus Crux Acquisition LP (“Lotus Crux Acquisition”).

  • Lotus Crux Acquisition LP and its related parties have an effective interest in the REIT.

  • Pursuant to the Strategic Investment Agreement, the REIT advanced $1,500 as a secured loan to two related parties to Lotus Crux Acquisition as part of the financing for the acquisition by such parties of a 74,000 square feet multitenant commercial building well located in Greater Ottawa.

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