Examples of REIT Expenses in a sentence
The Partnership shall also assume, and pay when due, the Administrative Expenses and such portion of the General Partner’s and its respective subsidiaries’ REIT Expenses as shall be appropriately allocated to the Partnership by the General Partner in the exercise of its reasonable business judgment.
When, as and if declared by the General Partner, the Partnership will make distributions to the General Partner in any amount necessary to enable the General Partner to pay REIT Expenses, and thereafter to holders of Partnership Units in proportion to their respective Percentage Interests.
We can now enter into meaningful discussions with existing tenants about their future requirements within our redevelopment plans as well as providing space to attract new businesses.