Investment in Properties Sample Clauses

Investment in Properties. (a) The General Partners will commit at least 80% of the Partnership's capital contributions toward Investment in Properties. The remaining capital contributions may be used to pay Front-End Fees. When "Acquisition Fees" are paid by the seller of properties, such fees shall not be included in satisfying the required minimum Investment in Properties. Additionally, in determining the amount committed to Investment in Properties, such calculation shall not take into account any Front-End Fees.
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Investment in Properties. This section is subject to section 2.04(a)(2).
Investment in Properties. The General Partners shall commit to Investment in Properties at least 88% of the Gross Proceeds (as reduced by any return of Net Proceeds pursuant to Section 11.9).
Investment in Properties. The Partnership shall, when and to the extent desirable investment opportunities are available as determined by the General Partners in their sole and absolute discretion, acquire, either directly or through joint venture arrangements or other partnerships, such Properties as the General Partners in their sole and absolute discretion determine to be in the best interests of the Partnership. The Partnership shall commit at least 80% of the Limited Partners' Capital to Investment in Properties within two years following the initial effective date of the Prospectus; provided, however, that any amount returned to the Limited Partners pursuant to Article 7.8 shall not be considered in determining the percentage committed to Investment in Properties as of such date. If any Acquisition Fees are paid by the seller of any Property or Properties, such fees shall not be included in the purchase price of such Property or Properties for purposes of determining whether the required minimum Investment in Properties set forth herein has been satisfied. 7.8
Investment in Properties. The Partnership shall commit a portion, as set out below, of the Gross Proceeds toward Investment in Properties. At a minimum, the Partnership shall commit an amount of the Gross Proceeds to Investment in Properties which is equal to the greater of: (i) 80% of the Gross Proceeds reduced by .1625% for each 1%of indebtedness encumbering Partnership Properties, (ii) 67% of the Gross Proceeds, or (iii) $1,000,000. The remaining Gross Proceeds may be used by the Partnership to pay Front-end Fees; provided, however, that when any Front-end Fees, including any Acquisition Fees, are paid by the seller of Properties acquired, such fees shall not be included in satisfying the required minimum Investment in Properties..
Investment in Properties. In accordance with the provisions of the Statement of Policy Regarding Real Estate Programs adopted by North American Securities Administrators Association, Inc. on October 2, 1985, effective January 1, 1986, the General Partners shall commit to Investment in Properties a percentage of Gross Proceeds at least equal to 85% of Gross Proceeds.

Related to Investment in Properties

  • Investment Related Property Each Grantor recognizes that, by reason of certain prohibitions contained in the Securities Act and applicable state securities laws, the Collateral Agent may be compelled, with respect to any sale of all or any part of the Investment Related Property conducted without prior registration or qualification of such Investment Related Property under the Securities Act and/or such state securities laws, to limit purchasers to those who will agree, among other things, to acquire the Investment Related Property for their own account, for investment and not with a view to the distribution or resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable than those obtainable through a public sale without such restrictions (including a public offering made pursuant to a registration statement under the Securities Act) and, notwithstanding such circumstances, each Grantor agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and that the Collateral Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Investment Related Property for the period of time necessary to permit the issuer thereof to register it for a form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would, or should, agree to so register it. If the Collateral Agent determines to exercise its right to sell any or all of the Investment Related Property, upon written request, each Grantor shall and shall cause each issuer of any Pledged Stock to be sold hereunder, each partnership and each limited liability company from time to time to furnish to the Collateral Agent all such information as the Collateral Agent may request in order to determine the number and nature of interest, shares or other instruments included in the Investment Related Property which may be sold by the Collateral Agent in exempt transactions under the Securities Act and the rules and regulations of the Securities and Exchange Commission thereunder, as the same are from time to time in effect.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • PIPE Investment (a) Acquiror has delivered to the Company true, correct and complete copies of each of the Subscription Agreements entered into by Acquiror with the applicable PIPE Investors named therein, pursuant to which the PIPE Investors have committed to provide equity financing to Acquiror solely for purposes of consummating the Transactions in the aggregate amount of not less than $225,000,000 (the “PIPE Investment Amount”). To the knowledge of Acquiror, with respect to each PIPE Investor, the Subscription Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by Acquiror. Each Subscription Agreement is a legal, valid and binding obligation of Acquiror and, to the knowledge of Acquiror, each PIPE Investor, and neither the execution or delivery by any party thereto nor the performance of any party’s obligations under any such Subscription Agreement violates or will violate any Laws. There are no other agreements, side letters, or arrangements between Acquiror and any PIPE Investor that could affect the obligation of such PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreement of such PIPE Investors, and, as of the date hereof, Acquiror does not know of any facts or circumstances that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment Amount not being available to Acquiror, on the Closing Date. No event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach on the part of Acquiror under any material term or condition of any Subscription Agreement and, as of the date hereof, Acquiror has no reason to believe that it will be unable to satisfy in all respects on a timely basis any condition to closing or material term to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement) to the obligations of the PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreements on the terms therein.

  • Real Estate Assets In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Collateral Agent shall have received from Borrower and each applicable Guarantor:

  • Investments Make any Investments, except:

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Property or Properties As the context requires, any, or all, respectively, of the Real Property acquired by the Company, either directly or indirectly (whether through joint venture arrangements or other partnership or investment interests).

  • Qualified Property Applicant’s Qualified Property is described in Schedule 2.3, which is incorporated herein by reference. The Parties expressly agree that the location of the Qualified Property shall be within the Reinvestment Zone as set out in Schedule 2.1.

  • Real Estate Investment Trust Commencing with its taxable year ended December 31, 2009, the Company has been organized and operated in conformity with the requirements for qualification and taxation as a real estate investment trust (“REIT”) under the Code, and its proposed method of operation will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code.

  • Existing Investments Investments made by investors of one Contracting Party in the territory of the other Contracting Party before this Agreement enters into force shall be also subjected to the provisions of this Agreement. However, this Agreement shall not apply to any disputes that have arisen before its entry into force.

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