Examples of The Loft in a sentence
Licensor shall remit to the Knicks on a monthly basis a cash payment equal to the Knicks’ share of revenues collected or received for the Suites, the Madison Club, The Loft (and any similar premium spaces developed during the Term in accordance with Section 5.04 ), in each case, in accordance with Section 9.06.
Licensor shall not sell more than 170 or 48 tickets of admission or memberships to the Madison Club or The Loft, respectively, for any Knicks Events without the prior written consent of the Knicks, not to be unreasonably withheld, conditioned or delayed.
Licensor shall remit to the Rangers on a monthly basis a cash payment equal to the Rangers’ share of revenues collected or received for the Suites, the Madison Club, The Loft (and any similar premium spaces developed during the Term in accordance with Section 5.04), in each case, in accordance with Section 9.06.
The Loft Apartments Because of the continued popularity, apartment prices are increasing and capitalization rates are being driven lower.
Seller owns the real estate located in Wake County, North Carolina, as more particularly described in Exhibit A attached hereto and made a part hereof, and the improvements thereon, commonly known as The Loft Apartments.
Purchaser and Seller acknowledge and agree that Purchaser and CCIP Loft, L.L.C., a Delaware limited liability company (“Related Seller”), simultaneously are entering into a sale by Related Seller and a purchase by Purchaser of improved property located in Wake County, North Carolina, commonly known as The Loft Apartments, pursuant to a Purchase and Sale Contract of even date herewith (the "Ancillary Contract").
Date of Property Purchase Type of Ownership Use -------- -------- ----------------- --- The Loft Apartments 11/19/90 Fee ownership, Apartment Raleigh, North Carolina subject to a first mortgage 184 units The Sterling Apartment Homes 12/01/95 Fee ownership, Apartment and Commerce Center subject to a first mortgage 536 units Philadelphia, Pennsylvania commercial 111,741 square feet --------------------- ACCUMULATED DEPRECIATION SCHEDULE.
For The Loft, we assigned it a gross property value of $8,800,000, which is equal to its AAA appraised value as of May 13, 2003 and higher than the $7,860,000 appraised value in a more recent appraisal report, dated as of July 28, 2005, that was obtained by a third-party lender in connection with the refinancing of the mortgage encumbering the property.
Property Average Annual Rental Rates Average Annual Occupancy -------- --------------------------- ------------------------ 1999 1998 1999 1998 ------------ ------------ ------ ------ The Loft Apartments $ 8,771/unit $ 8,664/unit 96% 92% The Sterling Apartment Homes $14,371/unit $13,121/unit 91% 92% (residential) SCHEDULE OF REAL ESTATE TAXES AND RATES.
Customer Data generated, developed or collected solely in connection with Licensor’s sale or marketing of (i) non-Team related tickets; (ii) Suites other than Suites for Home Games only; and (iii) memberships to the Madison Club, The Loft and any similar product shall, as between the Parties, be owned by Licensor.