Examples of Boardwalk REIT in a sentence
Note on Process: Items designated for information are appropriate for Board action if the Board wishes to take action.
The purpose of this review is to ensure that Boardwalk REIT has varying maturity dates for its debts so as to lower the Trust's exposure to the interest rate fluctuations in any particular period.
For this reason, various parties refer to the gasifier as the gasifier/boiler.
Conflict of Interest Restrictions and ProvisionsThe Declaration of Trust contains "conflict of interest" provisions similar to those applicable to corporations under Section 120 of the ABCA, which serve to protect Unitholders without creating undue limitations on Boardwalk REIT.
The credit risk of both Boardwalk REIT and the counter party have been taken into account in determining the fair value of Boardwalk REIT’s trade and other receivables.
With the insurance being transferable between approved lenders, it lowers the overall risk of Boardwalk REIT not being able to refinance the asset on maturity.The importance of this government-backed mortgage insurance program administered by CMHC has proven even more essential during the COVID-19 pandemic.
Boardwalk REIT may also outsource other services necessary to its operations to third parties, subject to approval of the Trustees as necessary.
Historically, Boardwalk REIT has experienced higher utility expenses in the first and fourth quarters because of the winter months, resulting in variations in quarterly results.
Such amount will be determined by the General Partner in a manner analogous to the manner in which Boardwalk REIT calculates its Distributions (without reference to the "LP Class A Preferred Distribution", or the "LP Class C Preferred Distribution" (each as defined below)).
The Partnership has provided the Corporation's creditors with a guarantee in respect of the Retained Debt to ensure the lenders are not prejudiced in their ability to collect from the Corporation in the event that payments in respect of the Retained Debt are not made by BPCL as expected and Boardwalk REIT has provided a guarantee of the Partnership's obligations.