Real Estate Investment Sample Clauses

Real Estate Investment. The investment in real estate held for sale and development originally consisted of 158 single family detached home sites and a 15-acre commercial parcel in a Planned Unit Development named the Trails of Olympia Fields. However, the Bank has nearly liquidated this investment through sales. At July 31, 1996, one five acre commercial parcel with a book value of $262,000 remained unsold. Upon consummation of the Conversion, the Holding Company will acquire this parcel from the Bank. At July 31, 1992, 1993, 1994, 1995 and 1996, the investment in the Trails of Olympia Fields
Sample 1
AutoNDA by SimpleDocs
Real Estate Investment. The Investors recognize that the acquisition and development of real estate is a fundamental part of the day-to-day operation of the Company and the Board of Managers has delegated this responsibility to certain of the Key Executives of the Company who constitute the Real Estate Committee. The Company's Real Estate Committee has been acting as the primary decision making body over all of the Company's real estate investments since the business was originally formed by the Existing Partners. The Committee has followed consistent procedures and policies for performing market research, evaluating locations, underwriting investment projections and managing its development process. The Board of Managers has charged the Real Estate Committee with the responsibility of continuing with the practice and enforcement of those policies and procedures and within the guidelines set forth in accordance with Exhibit M. Any real estate investment proposals that fall outside those guidelines (or others previously established by the Real Estate Committee) must be approved by the Board of Managers.
Sample 1
Real Estate Investment. In terms of investment in real estate sector, the 2016 Central Economic Work Conference emphasized the stable and healthy development of the real estate market, following the principle that “houses are built for inhabitation, not for speculation”. China aims to establish a fundamental and enduring framework that conforms with national conditions and market reality, and has proposed a number of measures to alleviate the imbalance between housing supply and demand. In recent years, China has focused on long-term management to ensure the healthy development of the property market, made regulatory efforts with local authorities, introduced measures tailored to local conditions, strengthened the main responsibilities of the government, and improved the housing market system and housing security system. In 2020, investment in real estate development was RMB14,144.3 billion, up by 7.0% over the previous year. Of this total, investment in residential buildings reached RMB10,444.6 billion, an increase of 7.6% over the previous year, investment in office buildings was RMB649.4 billion, up by 5.4% over the previous year, and investment in buildings for commercial business was RMB1,307.6 billion, down by 1.1% over the previous year. The following table sets forth the major indicators of real estate development and sales for the period from 2016 to 2020. Major Indicators of Real Estate Development and Sales 2016 2017 2018 2019 2020 10,258.06 10,979.85 12,016.48 13,219.43 14,144.30 6,870.39 7,514.79 8,512.40 9,707.07 10,444.57 653.26 676.14 599.73 616.26 649.41 1,583.75 1,563.99 1,416.73 1,322.59 1,307.61 1,150.66 1,224.94 1,487.62 1,573.51 1,742.71 7,589,748 7,814,837 8,222,996 8,938,209 9,267,592 1,669,281 1,786,538 2,095,372 2,271,536 2,244,331 1,061,277 1,014,864 944,212 959,415 912,182 1,573,485 1,694,078 1,714,646 1,715,579 1,760,862 11,762.71 13,370.13 14,961.44 15,972.51 17,361.27 Year ended 31 December Investment Amount of Real Estate Development (in billions of RMB) ............................................ Investment Amount of Real Estate Development in Residential Buildings............ Investment Amount of Real Estate Development in Office Buildings ................... Investment Amount of Real Estate Development in Houses for Business Use ...... Investment Amount of Real Estate Development in Other Areas .......................... Floor Space of Buildings Constructed (1,000 sq.m).................................................................... Floor S...
Sample 1
Real Estate Investment. Real Estate Investment" shall mean any direct or indirect investment in any interest in Real Property or in any Mortgage Loan, or in any Person whose principal purpose is to make any such investment.
Sample 1
Real Estate Investment. Investment in the real estate leased by the COMPANY from Fondo Comercial Mexicano, S.A. de C.V.
Sample 1

Related to Real Estate Investment

  • 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.

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • 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 Matters The Administrative Agent shall have received a completed “Life-of-Loan” Federal Emergency Management Agency standard flood hazard determination with respect to each improved Mortgaged Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the applicable Credit Party relating thereto) and, with respect to any Mortgaged Property on which any “building” (as defined in the Flood Insurance Laws) is located in a special flood hazard area, evidence of flood insurance as and to the extent required under Section 9.3 of the Credit Agreement;

  • 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:

  • Non-Investment Advisory Services The Fund hereby employs the Manager to provide certain non-investment advisory services for the Portfolio, subject to the direction of the officers and the Board on the terms hereinafter set forth. Specifically, the Manager shall perform or arrange for the performance, as applicable, at its own expense (except as provided in Section 4 or unless otherwise agreed to by the Manager and the Fund, in which case at the Fund’s expense), the following services to the Fund on behalf of the Portfolio to the extent that any such services are not otherwise provided by any other service provider to the Fund:

  • Real Estate Brokers (See also Paragraph 15)

  • Investment Portfolio All investment securities held by Seller or its Subsidiaries, as reflected in the consolidated balance sheets of Seller included in the Seller Financial Statements, are carried in accordance with GAAP, specifically including but not limited to, FAS 115.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Equity Investment “Equity Investment” shall mean pursuant to IRC § 45D(b)(6) and 26

Time is Money Join Law Insider Premium to draft better contracts faster.