Examples of REIT Securities in a sentence
Upon termination of the reinvestment period, the static pool functions very similarly to a CMBS securitization where repayment of principal allows for redemption of bonds sequentially.Publicly-Traded REIT Securities.
The 2011 Restructuring, Legacy Credit Agreement and Licensing Credit Agreement On May 23, 2011, Franklin Holding entered into a settlement agreement (the “Settlement Agreement”) with the Bank covering the surrender and transfer of the REIT Securities held by Franklin Holding (and pledged as collateral under the Legacy Credit Agreement).
Certain of the certificates of the Asset Trust and shares of the REIT Securities were pledged as substitute collateral.
Notwithstanding the foregoing, it shall be a condition to the obligation of the General Partner pursuant to this Section 8.8 to include any Reorganization Limited Partner as a selling stockholder in such Shelf Registration Statement and to make the Shelf Registration Statement available to such Reorganization Limited Partner for resale of its Registrable REIT Securities that such Reorganization Limited Partner shall have complied with its obligations under Section 8.8.D below.
If any Reorganization Limited Partner fails to provide the General Partner with such information within fifteen (15) Business Days after the General Partner’s request for such information, the General Partner shall not be obligated to include such Reorganization Limited Partner’s Registrable REIT Securities in the Shelf Registration Statement, the amendment thereto or the prospectus supplement, as the case may be.
The designation of StREITs(SM) described in Article FIRST hereof shall be "7.677% Series A Cumulative Preferred Step-Up REIT Securities (par value $1.00 per share)." The number of shares of StREITs(SM) to be authorized shall be 1,000,000.
In addition to our focus on investments in commercial real estate and commercial real estate loans, we may also invest in commercial real estate-related debt securities such publicly-traded REIT securities.Publicly-Traded REIT Securities.
During Q1 2010 we recognized $695,000 of realized gains and $2.5 million of unrealized gains from our REIT Securities and increased interest earnings by $2.1 million on our loan assets.
Paragon GP Holdings shall not directly or indirectly convey, sell, transfer, assign, pledge or otherwise encumber or dispose of any Units of the Borrower, except that Paragon GP Holdings may sell, transfer or dispose of Units in connection with any cancellation or repurchase of REIT Securities by the REIT.
The Partnership is expressly authorized to issue Partnership Units or Additional Partnership Securities (i) in accordance with the terms of any such stock incentive plans or plan implementation guidelines or (ii) in an amount equal to the number of REIT Shares or Additional REIT Securities issued pursuant to any such stock incentive plans (subject to adjustment in accordance with the principles of Section 4.3(a)(iii)), without any further act, approval or vote of any Partner or any other Persons.