NREO definition

NREO means NexPoint Real Estate Opportunities, LLC or any of its successors or permitted assignees.
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NREO means NexPoint Real Estate Opportunities, LLC or any of its successors or permitted assignees. “Observer” has the meaning set forth in Section 7.13(h).
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Examples of NREO in a sentence

  • Except NREO and the Company, each Limited Partner, including an LTIP Unitholder, is automatically enrolled in the Reinvestment Plan by executing and delivering this Agreement unless such Limited Partner provides notice to the General Partner of its election not to enroll within 10 Business Days of the date hereof.

  • NREO shall have the sole right to remove the Manager at any time, with or without cause.

  • Each of NREC and NREO qualifies as a “real estate investment trust” under Section 856 of the Code.

  • The aggregate assets of NREO LLC do not exceed 25% of the total assets of the Borrower.

  • Each of NREO LLC and NexPoint RE Capital is a direct, wholly-owned Subsidiary of the Borrower.

  • The Borrower will not have at any time any Subsidiary other than NREO LLC, NexPoint RE Capital and the Other Subsidiaries; provided that (a) each of NREO LLC and NexPoint RE Capital shall be a direct, wholly-owned Subsidiary of the Borrower, (b) the aggregate assets of NREO LLC may not at any time exceed 25% of the total assets of the Borrower, and (c) the aggregate assets of NexPoint RE Capital may not at any time exceed 25% of the total assets of the Borrower.

  • Each of NREC and NREO shall comply with all Legal Requirements to maintain, and, will at all times elect, qualify as and maintain, its status as a real estate investment trust under Section 856(c)(i) of the Code.

  • Except NREO and the Company, each Limited Partner is automatically enrolled in the Reinvestment Plan by executing and delivering this Agreement unless such Limited Partner provides notice to the General Partner of its election not to enroll within 10 Business Days of the date hereof.

  • Due to the prorations relating to certain expenses associated with the Properties contributed to the Partnership by NREO concurrently with the consummation of the transactions contemplated by the Purchase Agreements, the agreed value of such contributed Property must be increased.

  • NREC NREO ALLENBY, LLC CLAYMORE HOLDINGS, LLC ENTEGRA-NHF HOLDCO, LLC ENTEGRA-NHF SUPERHOLDCO, LLC G-LA RESORTS HOLDINGS LLC NHF CCD, INC.