Examples of Real Estate Operating Company in a sentence
After the Stockholders have received a cumulative, non-compounded return of ten percent (10.0%) on, plus return of, their Invested Capital, the Company may pay the Business Manager an incentive fee (an “Incentive Fee”) equal to fifteen percent (15.0%) of the net proceeds from the sale of a Real Estate Asset, including assets owned by a Real Estate Operating Company acquired by the Company and operated as a subsidiary.
After Stockholders have first received, on an aggregate basis, from distributions from all sources, a cumulative, non-compounded return of ten percent (10.0%) per annum on, plus return of, aggregate Invested Capital, the Company may pay the Business Manager an incentive fee (an “Incentive Fee”) equal to fifteen percent (15.0%) of the net proceeds from the sale of a Real Estate Asset, including assets owned by a Real Estate Operating Company acquired by the Company and operated as a subsidiary.
Notwithstanding the above, for these purposes, any joint venture or other partnership the Company may form with a third party, in which the Company is a member, equity holder or partner (whether the entity is consolidated or unconsolidated on the Company’s financial statements) will not constitute a Real Estate Operating Company.
After the Stockholders have received a cumulative, non-compounded return of ten percent (10.0%) on, plus return of, their Invested Capital, the Company may pay the Business Manager an incentive fee (an "Incentive Fee") equal to fifteen percent (15.0%) of the net proceeds from the sale of a Real Estate Asset, including assets owned by a Real Estate Operating Company acquired by the Company and operated as a subsidiary.
So long as Aetna is a Member, the Manager shall cause the Company to be a Real Estate Operating Company, to the extent necessary to prevent any of the assets of the Company from constituting “plan assets”, as such term is used in Department of Labor Regulation §2510.3-101 (29 CFR §2510.3-101).
After the Stockholders have received, from distributions from all sources, a cumulative, non-compounded return of ten percent (10.0%) on, plus return of, their Invested Capital, the Company may pay the Business Manager an incentive fee (an “Incentive Fee”) equal to fifteen percent (15.0%) of the net proceeds from the sale of a Real Estate Asset, including assets owned by a Real Estate Operating Company acquired by the Company and operated as a subsidiary.
Real Estate Securities shall include all publicly-traded Securities issued by any Real Estate Investment Trust (“REIT”) or Real Estate Operating Company (“REOC”), as well as publicly-traded Securities issued by companies primarily engaged in the ownership, construction, management or sale of residential, commercial or industrial real estate that are included within the RREEF Securities Investment Team investment universe.
JOE - THEN 1998 Annual Report Message: "Two St. Joe's" - Real Estate Operating Company - Storehouse of Value Businesses [PHOTO] ST.
JOE - THEN [PHOTO] 1998 Annual Report Message: "Two St. Joe's" - Real Estate Operating Company - Storehouse of Value Businesses 76 ST.
Personal trading of Reportable Securities issued by any publicly traded U.S. Real Estate Investment Trust and U.S. Real Estate Operating Company requires prior approval of the Compliance Manager or other officer designated by the CCO or the managers of CMIIPL.