Examples of REIT in a sentence
Such fee shall be subject to retroactive adjustment, upward or downward, after the end of each Fiscal Year within thirty (30) days after the annual financial statements have been delivered to the REIT.
The Manager expressly agrees that recourse under this Agreement shall be limited to the property, assets, rights and interests held by or on behalf of the REIT.
It is agreed that the benefit of this provision is restricted to the REIT Trustees and officers, each Unitholder and such annuitants or beneficiaries and, solely for that purpose, the undersigned signing officer of the REIT has entered into this provision as agent and trustee for and on behalf of the REIT Trustees, each Unitholder and each such annuitant or beneficiary.
The REIT may, at its discretion, require the removal of any person acting as a senior officer of the REIT (including the chief executive officer and chief financial officer) pursuant to this Agreement.
In that regard, the REIT covenants and agrees to provide, or cause its Subsidiary Entities to provide, all assistance and co-operation on a timely basis reasonably necessary to enable the Manager to comply with its obligations herein.