Proposed Property definition

Proposed Property means the property described in the declaration and description that are required to be registered to designate a proposed unit as a unit under this Act; (“propriété projetée”)

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Proposed Property shall have the meaning given in Section 3.4. In no event shall a Proposed Property be accepted by the Company in exchange for Units unless it meets the investment guidelines set forth in the Offering.

Proposed Property has the meaning in Section 4.2 of the Agency Agreement.

Examples of Proposed Property in a sentence

The Property Acquisition Service Agreement grants the Company the first opportunity to purchase such Proposed Property which is placed under contract by IREAI, the Advisor or its Affiliates, provided the Company is able to close the purchase of the Proposed Property within 60 days.
By executing the Addendum, the Local Builder and applicable Owner Party shall be bound by all of the terms and conditions of this Agreement with respect to the Proposed Property referenced therein, shall be deemed parties to this Agreement with respect to such Proposed Property for all purposes, and the Proposed Project shall for all purposes become a “Property” under this Agreement subject only to the Owner Party’s closing of the acquisition thereof (if not already owned by an Owner Party).
With respect to any allocation of properties pursuant to this Section 1.1 based on the chronological order starting with the ARC Fund that has not acquired a property for the longest period of time, if the ARC Funds last acquired a property on the same date, the allocation of such Proposed Property Acquisitions shall be to the ARC Fund with the smallest property portfolio based on gross purchase price.
If the board of directors of more than one ARC Fund approves to pursue such Proposed Property Acquisition, the acquisition of such properties shall be allocated as set forth immediately below.
Other factors which may be considered in connection with evaluating the suitability of the Proposed Property for investment include: (i) the effect of the acquisition on the diversification of each entity's portfolio; (ii) the amount of funds available for investment; (iii) cash flow; and (iv) the estimated income tax effects of the purchase and subsequent disposition.

More Definitions of Proposed Property

Proposed Property has the meaning given to it in clause 7.2.

Proposed Property shall have the meaning given to such term in Section 2.10(b).

Proposed Property is defined in Section 8.9(a).

Proposed Property has the meaning specified in Section 2.17(a).

Proposed Property means a property that any Borrower is proposing to substitute into the Security Pool in accordance with the terms ofSection 4.1 hereof. “Proposed Property Closing Documents” means the Instrument, the Assignment of Leases, the Assignment of Permits, the Financing Statement, the Environmental

Proposed Property means any real property and improvements, not owned by either Borrower or an Entity, for which the Borrower has requested a Borrowing in order to either acquire (a) such real property and improvements (or any interest therein) or (b) Equity Interests in a Proposed Entity.

Proposed Property is defined in Section 3.6(a) hereof.