Examples of Sunstone Management in a sentence
Sunstone Management and Sunstone Investments The following are the names, ages and municipalities of residence of the directors and executive officers of Sunstone Management and Sunstone Investments, their respective offices with each of Sunstone Management and Sunstone Investments, their principal occupations during the past five (5) years and the number, class and kind of securities of each of Sunstone Management and Sunstone Investments held by each of them.
In consideration of providing such services, Sunstone Management will be paid the Financing Fee, in an amount equal to 1.5% of the gross purchase price of each Property (or interest in a Property), the Disposition Fee, in an amount equal to 1.5% of the selling price for each Property, and the Asset Management Fee, in an amount equal to 1.5% of the Net Asset Value.
The Directors of Sunstone Management are Stanley Medalie and Jeffrey Miller.
As well, Sunstone Management will pay to the Agents, on an annual basis in arrears, a trailer fee equal to 1/6th of the Asset Management Fee paid to Sunstone Management pursuant to the Services Agreement.
The Company has entered into a 10-year Management Agreement with Sunstone Management in terms of which Sunstone Management is incentivised to deliver investment returns for Sunstone.
In addition, Sunstone Management will be entitled to be reimbursed for any deposits paid and for all out-of-pocket expenses incurred by Sunstone Management in completing any of the above duties, both in respect of the purchase of a Property or the ongoing ownership, operation and management of a Property.
Sunstone has entered into a 10-year Management Agreement with Sunstone Management.
Such trailer fee will only be paid by Sunstone Management to the Agents if it is collected by Sunstone Management.
Reliance on Management of Sunstone Management and Sunstone Investments – Prospective purchasers assessing the risks and rewards of this investment should appreciate that they will, in large part, be relying on the good faith and expertise of Sunstone Management and Sunstone Investments and their principals, Darren Latoski and Steve Evans.
Proposals received electronically with a time stamp after the Closing Time will not be considered.On or before the following date and time (the “Closing Time”):Time: 2:00 P.M. PSTDate: 21 January 2021• The CRD reserves the right to extend the Closing Time at its sole discretion.• Proposals must not be sent by fax.• Proposals sent via email must be RECEIVED by close.