ARC IV definition
Examples of ARC IV in a sentence
ARC IV, ARC LLC and GMAC are the sole members of ARC and ARC IV is the sole managing member of ARC.
Affordable Residential Communities, IV, LP, a Delaware limited partnership ("ARC IV") is the owner and holder of (i) 1% of the "Class B" member interest in ARC and the sole managing member thereof and (ii) a 100% membership interest in ARC LLC; and GMAC Commercial Mortgage Corporation ("GMAC") is the owner and holder of 100% of the "Class A" member interest in ARC.
ARC IV REIT, Inc., a Maryland corporation ("ARC REIT") is the sole general partner of ARC IV.
ARC REIT has a one hundred (100%) percent general partnership interest in ARC IV.
Such notices, demands and other communications will be sent to the address indicated below: To the Company: ARC IV REIT, Inc.
Hometown America, LLC, Affordable Residential Communities IV, LP and ARC IV REIT, INC.
THIS TRANSACTION AGREEMENT (this "Agreement"), dated as of October 14, 2003, is by and among HOMETOWN AMERICA, L.L.C., a Delaware limited liability company ("Seller"), AFFORDABLE RESIDENTIAL COMMUNITIES IV, LP, a Delaware limited partnership ("Purchaser"), and ARC IV REIT, INC., a Maryland corporation ("Parent").
The term "ARC IV Partnership Agreement" shall mean the Agreement of Limited Partnership of ARC IV, dated as of the Effective Date, by and between the Company, as general partner, and Afford- able Residential Communities, L.L.C., as special limited partner, as amended from time to time.
The term "Partnership Unit" shall have the meaning assigned to such term in the ARC IV Partnership Agreement.