Preferred Equity Investment definition

Preferred Equity Investment a preferred equity investment held by a Pledged Loan Party or an Affiliated Investor in a Person that (x) is not (except by virtue of such investment) an Affiliate of any Loan Party, and (y) owns one or more Commercial Real Estate Debt Investments and/or Commercial Real Estate Ownership Investments, so long as the documents governing the terms of such preferred equity investment include the following provisions:

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Preferred Equity Investment means the issuance of the Preferred Equity on terms reasonably acceptable to the Administrative Agent.

Preferred Equity Investment means a direct or indirect preferred equity ownership interest in a Person owning, operating or controlling, directly or indirectly, one or more multi-family or commercial real estate properties that are either fully constructed or undergoing full or partial construction or renovation.

Examples of Preferred Equity Investment in a sentence

Lender hereby confirms receipt of the deliverables required in connection with the Assumption of the Loan, the Qualified Preferred Equity Investment, the execution of the Operating Lease Agreements, and the execution of the Management Agreements, as such requirements are set forth in the Original Borrower’s Loan Documents and the Conditional Approval Letter.
The Administrative Agent shall have received evidence satisfactory to it that the Preferred Equity Investment was consummated on terms and subject to the conditions set forth in the Centrifuge Acquisition Agreement and that the Preferred Equity Investment was otherwise on terms reasonably acceptable to the Administrative Agent.
The Administrative Agent shall have received evidence satisfactory to it that the Preferred Equity Investment was consummated on or before March 31, 2013 on terms and subject to conditions set forth in the Acquisition Agreement, and in any case reasonably acceptable to the Administrative Agent.
The Partnership Parties shall be deemed to have agreed to indemnify the Rockpoint Preferred Holders under Section 7.03(a) of the Preferred Equity Investment Agreement with respect to the Option Properties Representations, and the Rockpoint Preferred Holders (and its Indemnified Parties) shall be permitted to recover for any Losses relating thereto as though the Option Properties Representations were made under the Preferred Equity Investment Agreement.
The MCRC Parties, the Partnership Parties, RPIIA-RLA, L.L.C., a Delaware limited liability company (“RP Investor I”) and RPIIA-RLB, L.L.C., a Delaware limited liability company (“RP Investor II”, and together with RP Investor I, the “Investors”) have entered into a Preferred Equity Investment Agreement, dated as February 27, 2017 (the “Investment Agreement”), pursuant to which the Investors are acquiring units of the Partnership’s preferred units (the “Preferred Units”).

More Definitions of Preferred Equity Investment

Preferred Equity Investment means the issuance by the Company of 7,000 shares of Series C Convertible Preferred Stock to Preferred Equity Investors in an aggregate amount of at least $70,000,000 to be used in connection with the payment of the Acquisition consideration.

Preferred Equity Investment means the Initial Capital Contributions made by SL Member on or about the Effective Date, as increased by the amount of any Additional Capital Contribution made by SL Member in accordance with Section 4.02 and treated as a Preferred Equity Investment.

Preferred Equity Investment means any investment in Mortgagor or any direct or indirect owner of Mortgagor whereby such investment has one or more of the following characteristics: (a) the holder of such investment is entitled to a priority return with respect to any distributions relative to any other investors in the applicable entity in which such investment is in, (b) such investment has a mandatory redemption date, (c) such investment is required to be paid a preferred return irrespective of whether distributions are sufficient to make such payment and (d) the holder of such investment is entitled to exercise remedies against the common equity owners (including, without limitation, the right to change control in the applicable entity in which such investment is in) in the event that payments owed to the holder of such investment are not paid when due or such investment is not redeemed when required.

Preferred Equity Investment means Preferred Member’s Capital Contribution on the Effective Date in the amount of $2,000,000.00.

Preferred Equity Investment means the equity contributions as of the date hereof by the Preferred Equity Investor to Borrower and Junior A Mezzanine Guarantor of Two Million and No/100 Dollars ($2,000,000).

Preferred Equity Investment means the sum of Preferred Member’s Capital Contributions made (or deemed made) pursuant to the terms and provisions of this Agreement.

Preferred Equity Investment has the meaning set forth in the Preamble