ARC OP definition

ARC OP means American Realty Capital Hospitality Operating Partnership, L.P., a Delaware limited partnership.

Examples of ARC OP in a sentence

  • Nothing in this Release supersedes the representations and warranties of the REIT and ARC OP included in the Letter Agreement.

  • ARC OP I: AMERICAN REALTY CAPITAL HEALTHCARE TRUST OPERATING PARTNERSHIP, L.P., a Delaware limited partnership By: American Realty Capital Healthcare Trust, Inc., a Maryland corporation, its general partner By: /s/ Xxxxxx X.

  • Effective immediately upon consummation of the OP Merger, title to all assets and all liabilities of ARC OP, including, but not limited to the Obligations under the Credit Agreement, became vested in and an asset or liability, as applicable, of AF OP, as surviving entity of the OP Merger, without reversion or impairment.

  • By its signature below, Purchaser acknowledges that all knowledge of ARC OP I shall be imputed to Purchaser for all purposes of the Agreement, and Purchaser affirms and makes to Seller all of the representations and warranties of “Purchaser” set forth in Section 9 of the Agreement.

  • Seller and ARC OP I entered into that certain Agreement of Sale dated June 16, 2014, as amended by that certain First Amendment to Agreement of Sale dated July 20, 2014 (the “Agreement”), and Seller and ARC OP I desire to further amend the Agreement as hereinafter set forth.

  • ARC OP, ARC REIT, the other Guarantors party thereto, the Lenders party thereto, and the Administrative Agent have heretofore entered into that certain Amended and Restated Credit Agreement, dated as of December 2, 2014, as amended by that certain First Amendment to Credit Agreement dated as of September 8, 2015 (the “First Amendment”; such Credit Agreement, as amended by the First Amendment, being referred to herein as the “Credit Agreement”).

  • Seller acknowledges and consents to such assignment and acknowledges and agrees that, notwithstanding the requirements and provisions of Section 19(e) of the Agreement, (i) ARC OP I retains no rights or obligations under the Agreement, and (ii) AMERICAN REALTY CAPITAL HEALTHCARE TRUST II OPERATING PARTNERSHIP, L.P., a Delaware limited partnership is hereafter, the “Purchaser” for all purposes of the Agreement.

  • Notwithstanding the foregoing and for the avoidance of doubt, AF OP, as surviving entity of the OP Merger, hereby assumes all of the obligations and liabilities of ARC OP under the Credit Agreement and the other Loan Documents to which ARC OP was a party.

  • In connection with the release of the Whitehall Guarantors from the Pool I Debt Guarantees and pursuant to the Letter Agreement, the undersigned hereby release and discharge the ARC Individual Guarantors from their obligations under: (i) the Pool II Mandatory Redemption Guaranty, (ii) the Pool II Bad Boy Guaranty, and (iii) that certain Environmental Indemnity Agreement dated as of February 27, 2015 by ARC OP, the REIT and the ARC Individual Guarantors (Pool II) in favor of the undersigned.

  • Xxxxxxxx Title: Authorized Signatory SCHEDULE I FINANCIAL STATEMENTS Consolidated Balance Sheets for AR Capital, LLC, and Subsidiaries as of February 28, 2014, as affected by that certain Promissory Note dated as of the date hereof in the original principal amount of $1,775,000 made by ARC OP, payable to the order of Sub-Manager.

Related to ARC OP

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • Operating Partnership has the meaning set forth in the preamble.

  • Ares means Ares Management LLC, on behalf of its Affiliated funds, investment vehicles and/or managed accounts.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • GP means Gottbetter & Partners, LLP.

  • OP means open pit and “UG” means underground.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • GoP means the Government of Pakistan;

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • CRP means a research or other program for coordinated implementation of the SRF by the Centers and other CGIAR Doers submitted by the Consortium that has been approved by the Fund Council, most of which are expected to be proposed by the Consortium and approved by the Fund Council as eligible to receive Window 2 subaccount funding (formerly MPs).

  • Holdco has the meaning set forth in the Preamble.

  • Trading Partner means any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Blackstone means collectively, The Blackstone Group L.P., a Delaware limited partnership, and any Affiliate thereof (excluding any natural persons and any portfolio companies of any Blackstone-sponsored fund).

  • Blocker has the meaning set forth in the preamble.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • apartment unit means any residential unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;