Property Partnerships means and include any partnership or other entity in which the Partnership is or becomes a partner or other equity participant and which is formed for the purpose of acquiring, developing or owning a Property or a proposed Property.
Property Partnerships means those entities (other than the Operating Partnership), such as limited liability companies, general and limited partnerships and trusts that own one or more of the Properties.
Property Partnerships means the following limited partnerships involved in the Consolidation Transactions: (i) Avonplace Associates Limited Partnership, (ii) Burgundy Associates Limited Partnership, (iii) Grove-Ellington Associates Limited Partnership, (iv) Grove-Enfield Associates Limited Partnership, (v) Grove Longmeadow Associates Limited Partnership, (vi) Grove-Manchester Associates Limited Partnership, (vii) Grove-Newington Associates Limited Partnership, (viii) Grove Opportunity Fund II Limited Partnership, (ix) Grove-Plainville Associates Limited Partnership, (x) Grove Properties III Limited Partnership, (xi) Grove Taunton Associates Limited Partnership, (xii) Grove-Vernon Associates Limited Partnership, (xiii) Grove-West Hartford Associates Limited Partnership, (xiv) Grove-West Springfield Associates Limited Partnership, (xv) Grove-Westfield Associates Limited Partnership, (xvi) Grove Westwynd Associates Limited Partnership, (xvii) Nautilus Properties Limited Partnership and (xviii) Shoreline London Associates Limited Partnership.
Examples of Property Partnerships in a sentence
Further capital investment will be funded through the sale of the Council’s shareholding in Oldham Property Partnerships.
Each of the partnership or operating agreements, as the case may be, of the Property Partnerships is in full force and effect.
Neither the Company nor the Operating Partnership owns any direct or indirect equity interest in any entity other than the subsidiaries and the Property Partnerships, except for such interests as, in the aggregate, are not material to the condition, financial or otherwise, or the earnings, assets, business affairs or business prospects of the Duke Group considered as a single enterprise.
Each of the partnership agreements of the Property Partnerships is in full force and effect.
Each of the Property Partnerships has the requisite power and authority to own, lease and operate its properties, and to conduct the business in which it is engaged.
More Definitions of Property Partnerships
Property Partnerships means the partnerships which owned the Properties prior to their contribution to the Partnership.
Property Partnerships means the single-purpose Partnerships jointly owned, in whole or in part, by the Company and the Operating Partnership.
Property Partnerships means the partnerships and limited liability companies identified as such on Exhibit C attached hereto.
Property Partnerships means the Cash-Out Partnerships, the Exchange Partnerships and the Merger Partnerships.
Property Partnerships shall have the meaning set forth in the Partnership Agreement.
Property Partnerships means those certain limited partnerships or limited liability companies taxed as partnerships listed on Schedule “B” attached hereto and incorporated herein (a) to which the Borrower made or makes Direct Convertible Loans using, in addition to Co-Funding Amounts, the proceeds of the Prior Revolving Loan and/or the Loans, (b) in which the Borrower made or makes Direct Investments using, in addition to Co-Funding Amounts, the proceeds of the Prior Revolving Loan and/or the Loan, (c) in which a MTE made or makes Direct Investments or MTE Convertible Loans using the proceeds of Capital Contributions and/or the Loans, and (d) Corporate Property Partnerships that for purposes of this Agreement and pursuant to Article VII hereof converted to Property Partnerships. The sole purpose of such entities shall be to develop, maintain and manage affordable multi-family residential developments for which the LIHTC is available and to which a reservation, binding commitment or allocation of LIHTC has been made or for which all action necessary for the LIHTC has occurred pursuant to an allocation of “volume cap” for the issuance of tax exempt bonds or as otherwise approved by the Lender as set forth in this Agreement. All Property Partnership governing documents shall provide, without limitation, for (i) the general partner, manager or development sponsor thereof to repurchase the investor’s interest therein, and (ii) the ability of the Lender (and its successors and assigns) under the agreements described in clauses (a)(i) and (b) of the definition of Pledge Agreements to become, with conditions as set forth in the Property Partnerships’ partnership agreements, the direct limited partner or member in such Property Partnership.
Property Partnerships means entities receiving Capital Contributions from Investment Partnerships or Direct Investments from the Borrower, and as further defined in RECITAL F set forth above.