ARCT definition
Examples of ARCT in a sentence
Notwithstanding the foregoing, (A) none of Crest Net Lease, Inc., its Deemed Taxable REIT Subsidiaries, ARCT TRS Corp.
All Investor Funds deposited in the ARCT III Escrow Accounts shall not be subject to any liens or charges by the Company or the Escrow Agent, or judgments or creditors’ claims against the Company, until and unless released to the Company as hereinafter provided.
The Company understands and agrees that the Company shall not be entitled to any Investor Funds on deposit in the ARCT III Escrow Accounts and no such funds shall become the property of the Company, or any other entity except as released to the Company pursuant to Sections 3, 4 or 5 hereto.
The Company has made a taxable REIT subsidiary election for ARCT TRS Corp.
On and after the redemption date, interest [and Liquidated Damages],** if any, cease to accrue on Notes or portions of them called for redemption.
The Company understands and agrees that the Company shall not be entitled to any Investor Funds on deposit in the ARCT II Escrow Accounts and no such funds shall become the property of the Company, or any other entity except as released to the Company pursuant to Sections 3, 4 or 5 hereto.
The Investor Funds shall be deposited in the ARCT II Escrow Accounts in accordance with Section 3 , for Pennsylvania Investors, Section 4 and Tennessee Investors, Section 5.
The Investor Funds shall be deposited in the ARCT III Escrow Accounts in accordance with Section 3, for Pennsylvania Investors, Section 4 and Tennessee Investors, Section 5.
All Investor Funds deposited in the ARCT II Escrow Accounts shall not be subject to any liens or charges by the Company or the Escrow Agent, or judgments or creditors’ claims against the Company, until and unless released to the Company as hereinafter provided.
If any checks deposited in the ARCT II Escrow Accounts are returned or prove uncollectible after the funds represented thereby have been released by the Escrow Agent, then the Company shall promptly reimburse the Escrow Agent for any and all costs incurred for such, upon request, and the Escrow Agent shall deliver the returned checks to the Company.