AERL definition
Examples of AERL in a sentence
The Borrower shall not, nor shall it permit any of its Subsidiaries to, engage in any line or lines of business activity other than the business of owning and operating insurance companies and providing other financial services (including banking and investment advisory services) and businesses related, complementary or incidental thereto (it being understood that the businesses of American Equity Capital, Inc., AERL, L.C., American Equity Advisors, Inc.
BSB’s use and development of the Dedicated Use Properties conveyed by AERL to BSB pursuant to this Section 9.2.3 shall comply with the applicable Covenants and Obligations set forth and/or referenced in the Dedicated Use Properties Quitclaim Deeds attached as Exhibits “8.3.1” through “8.3.6” hereto.
The Parties hereby acknowledge that they have attempted to identify and characterize, as Developable Properties or Dedicated Use Properties, all parcels of real property within the BPSOU, other than the AR ▇▇▇▇▇▇ Mine Yard Properties, with respect to which AR and/or AERL possess any rights, title or interests as of the Effective Date.
BSB’s use and development of the Dedicated Use Properties conveyed by AERL to BSB pursuant to this Section 9.2.2 shall comply with the applicable Covenants and Obligations set forth and/or referenced in the Dedicated Use Properties Quitclaim Deeds attached as Exhibit “8.2.1” and “8.2.2” hereto.
In order to effectuate any conveyance of any parcels of real property characterized as Developable Properties pursuant to this Section 9.6, AR or AERL, as the case may be, and BSB shall each execute an appropriate Developable Properties Quitclaim Deed and an appropriate realty transfer certificate.
If any parcels of real property are characterized as Developable Properties pursuant to this Section 9.6, AR shall promptly convey or cause AERL to promptly convey all rights, title and interests in and to such parcels of real property to BSB.
By: Title: Head of Tax & Assistant General Counsel Date: December 31, 2021 AMERICAN EQUITY INVESTMENT PROPERTIES L.C. By: Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Date: December 31, 2021 AERL, L.C., a Iowa limited liability company, being a Subsidiary of American Equity Investment Life Holding Company, Inc.
If any such parcel or real property is acquired by AR or AERL following the Effective Date and AR desires to transfer any such parcel to BSB, AR will notify BSB and, within thirty (30) days of such notice, representatives of the Parties shall meet and, in good faith, determine whether the parcel of real property should be properly characterized as a Developable Property or a Dedicated Use Property.
The Borrower shall not, nor shall it permit any of its Subsidiaries to, engage in any line or lines of business activity other than the business of owning and operating life insurance companies and providing other financial services (including banking and investment advisory services) and businesses related, complementary or incidental thereto (it being understood that the businesses of American Equity Capital, Inc., AERL, L.C., American Equity Advisors, Inc.
Any entity entitled to indemnification under this Article 11 shall give notice to the indemnifying Party of any Losses that may be subject to indemnification, promptly after learning of such Losses, and the indemnifying Party shall assume the defense of such Losses with counsel reasonably satisfactory to the indemnified Party.