Examples of Ancillary Property in a sentence
At the City’s request, such commitment and the title policies to be issued shall be bifurcated upon determination of the metes and bounds of the Ancillary Property as provided in Section 4.4 below.
Similar to the discussion above respecting Ancillary Property, the incidental nature of ERP should be sufficient to preserve the integrity of the REIT rules.As an alternative, if Finance believes that the more stringent conditions should be maintained, we request that ERP be included in QRP so that a REIT does not have to rely on the Permitted NPP Basket to own ERP.
The initial Preliminary Commitment shall be issued to include both the Property and the Ancillary Property.
Guardian and its third party fund manager have monthly service review meetings to discuss on-going issues and any proposed changes to services.
We submit that these limitations are inconsistent with the policy objectives of the REIT rules.Foreign Currency and Other Derivatives: See discussion below under heading 4.C – “QRP”.We believe that the concept of Ancillary Property, as currently drafted, adequately addresses the concerns raised herein and enables a REIT to effectively carry on its ordinary course rental activities.