Examples of UPREIT Reorganization in a sentence
Immediately following the effective time of the Merger, Cousins will consummate the Separation and the UPREIT Reorganization to separate the Houston Business and Third-Party Services Business of Cousins and Parkway such that these businesses will be owned and operated by New Parkway LP, the operating partnership of New Parkway.
This 421.15determination is made by means of:o Audits performed by the licensee/principal contractor, or o evaluation of documented *results of audits performed by sustaining members of CASE (Coordinating Agency for Supplier Evaluation).If acceptable, the supplier is placed on the approved supplier list.Audits are scheduled based upon the status of work progress,)importance to safety of the activities being performed, and prior experience with the organizations being audited.
Prior to the closing of the UPREIT Reorganization, the funds contributed to the capital of the Operating Partnership by each Principal will be contributed by the Operating Partnership, indirectly through a series of intermediate entities, 99.5% to Borrower and 0.5% to the Intermediary Owner; the Operating Partnership will cause the Intermediary Owner to contribute such funds it receives to the Borrower; and all such funds shall be used by the Borrower to pay any Shortfall Amount.
MAS may require additional measures to be taken by an institution, or MAS itself may take any appropriate supervisory actions it deems necessary if not satisfied with an FI’s observance of the TRM.
Represents the Non-Voting Preferred Stock acquired by Cousins LP in exchange for a $5 million contribution by Cousins LP to New Parkway in connection with the Separation, the UPREIT Reorganization and the Distribution.
The community garden which was set up by a local group called Sheerwater Together, was conceived with the intention that being located within the regeneration area, it would have to move once the development was underway.
In the event of an UPREIT Reorganization, the substitute Managing Member shall at all times retain a minimum Net Worth equal to ten (10) times the value of the LLC Units ($1.00 per LLC Unit) held by the Non-Managing Members from time to time.
Represents the non-voting preferred stock acquired by Cousins LP in exchange for a $5 million contribution by Cousins LP to Parkway in connection with the Separation, the UPREIT Reorganization and the Spin-Off.
For additional information on our UPREIT Reorganization, please see our Current Report on Form 8-K12B filed with the Securities and Exchange Commission on February 10, 2023.Throughout this Quarterly Report on Form 10-Q, unless the context requires otherwise, “Healthpeak,” the “Company,” “we,” “us” and “our” refer to Old Healthpeak through February 9, 2023 and to New Healthpeak from and including February 10, 2023.HEALTHPEAK PROPERTIES, INC.
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