Seed Assets definition
Examples of Seed Assets in a sentence
Subject to DCT LLC’s obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds.
Subject to DCT LLC's obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds.
Brookfield represents that as of the date hereof it believes the contribution of the Brookfield Seed Assets as contemplated herein would be in the best interests of the REIT and such Brookfield Affiliate.
Upon the acquisition of any assets, including the Seed Assets, an acquisition fee of 2.0% of the amount of the purchase price of such asset(s) shall be paid to the Manager or its Affiliates.