PRISA III REIT definition

PRISA III REIT means PRISA III FUND REIT, Inc., a Maryland corporation.
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PRISA III REIT means PRISA III Fund REIT, Inc., a real estate investment trust, or REIT, that has an indirect ownership interest in PRISA III.
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Examples of PRISA III REIT in a sentence

  • Ashford and PIM hereby acknowledge and agree that all rights of PIM in respect of the Master Venture Agreement, Subsidiary and the Investment shall be exercised and enforced solely by PRISA III REIT Operating LP.

  • Seller is a disregarded entity that is wholly-owned by PRISA III REIT Operating LP, a Delaware limited partnership (“Transferor”).

  • Allen Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ With a copy to: Holland & ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ Salt Lake City 84101 Attention: ▇▇▇▇▇▇ ▇▇▇▇▇ Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ If to PRIII Member: c/o PRISA III REIT Operating LP ▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇ ▇.

  • Lessee shall have the sole discretion to determine the type of account into which any funds described in this Article XIV are to be invested and Manager understands that it is intended that such funds be invested in such a manner as will not jeopardize the REIT status of either AHT or PRISA III REIT.

  • During the Term of this Agreement, Manager shall at all times qualify as an “eligible independent contractor” as defined in Section 856(d)(9) of the Code with respect to each of AHT and PRISA III REIT (“Eligible Independent Contractor”).

  • The Members and the Committee Representatives acknowledge that PRISA III is indirectly owned through one or more pass through entities by the PRISA III REIT, and that Ashford is indirectly owned in part by Ashford REIT and that each of PRISA III REIT and Ashford REIT is subject to the federal income tax rules applicable to REITs (as defined below).

  • PRISA III REIT OPERATING LP, a Delaware limited partnership By: PRISA III OP GP, LLC, a Delaware limited liability company, its general partner By: PRISA III Fund LP, a Delaware limited partnership, its manager By: PRISA III Fund GP, LLC, a Delaware limited liability company, its general partner By: PRISA III Fund PIM, LLC, a Delaware limited liability company, its sole member By: Prudential Investment Management, Inc., a New Jersey corporation, its sole member By: /s/ ▇▇▇▇▇ ▇.