Initial Quality Clause Samples
Initial Quality. At the time of purchase, no more than 10% of the securities in a sub-portfolio may be rated A-/A3/A- or less. Also at the time of purchase, no more than 5% of the securities in a sub-portfolio may be unrated.
Initial Quality. The restaurant and bar design, décor and services shall be of a high quality which is objectively comparable to the current establishment and operations at the ▇▇▇ ▇▇▇▇▇▇’▇ Fine Food & Spirits and Martini Bar operated in St Petersburg, FL at the retail center commonly known as Baywalk, as well as the ▇▇▇ ▇▇▇▇▇▇’▇ Fine Food & Spirits located in South Miami, FL in the retail center commonly known as The Shops at Sunset..