Owner Financial Statements means the balance sheets and statements of income and expenses of the Owners delivered by Seller to Purchaser prior to the Effective Date.
Owner Financial Statements means the balance sheets and statements of income and expenses of the Owners delivered by Seller to Purchaser prior to the Effective Date. “Owner Organizational Documents” means limited partnership and limited liability company agreements governing each Owner and General Partner, which have previously been delivered to Purchaser and good standing certificates with respect to each Owner and General Partner to be delivered after the Effective Date. “Partnership” is defined in the Recitals to this Agreement. “Partnership Agreement” is defined in the Recitals to this Agreement. “Party” or “Parties” means, individually or collectively, as the case may be, Seller and Purchaser, and their respective permitted successors and assigns. “Permitted Exceptions” mean such exceptions to title to a Contributed Property (i) that are contained in any title commitment or pro forma title policy delivered to Purchaser on or prior to the Effective Date (ii) that are not Material Title Exceptions or (iii) that 4 Purchaser has accepted or is deemed to have accepted as provided in Section 5.3 of this Agreement. “Person” means any individual, corporation, partnership, joint venture, association, joint-stock company, limited liability company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other legal entity. “Personal Property” means, as to each Contributed Property, all tangible property owned by the Owner now or on the Closing Date and used in conjunction with the operation, maintenance, ownership and/or occupancy of the Real Property including without limitation: furniture; furnishings; art work; sculptures; paintings; office equipment and supplies; landscaping; plants; lawn equipment; and whether stored on or off the Real Property, tools and supplies, maintenance equipment, materials and supplies used in the operation of the Real Property, shelving and partitions, and any construction and finish materials and supplies not incorporated into the improvements and held for repairs and replacements thereto, wherever located. “Purchaser” means (i) DK, in respect of any time prior to Closing (including, without limitation, for purposes of Purchaser’s representations and warranties set forth in Section 3.5) and (ii) the Partnership, in respect of any time at or after Closing. “Purchase and Sale Agreement” means that certain Purchase and Sale Agreement, dated of even date herewith, by and among Lexington Realty Trust, a Maryland real...
Owner Financial Statements has the meaning set forth in Section 4.03.
Examples of Owner Financial Statements in a sentence
The Owner Financial Statements referred to herein are current, correct and complete in all material respects, fairly present the financial condition and assets of each Owner as of June 30, 2018, and no other liabilities are required by generally accepted accounting principles to be disclosed thereunder.
Proposed Owner Financial Statements -For ownership entity that will own the property going forward (which may be newly formed or a pass-through), evidence of contributions in an amount to cover 6 months of operations must be demonstrated.
More Definitions of Owner Financial Statements
Owner Financial Statements means the financial statements as of the date referenced therein, relating to the Owner Parties for calendar years 2011 and 2012, and year to date 2013 through October 31, 2013, to the extent that such financial statements exist for such entities for the time periods in question.