Boardwalk REIT definition

Boardwalk REIT means Boardwalk Real Estate Investment Trust, an open-ended real estate investment trust formed under the laws of Alberta of which the Corporation is the initial Unitholder;
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Boardwalk REIT. , "Boardwalk" or the "Trust" means Boardwalk Real Estate Investment Trust;
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Boardwalk REIT. , "Boardwalk" or the "Trust" means Boardwalk Real Estate Investment Trust; "Boardwalk REIT Administrative Services Agreement" the administrative services agreement
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Examples of Boardwalk REIT in a sentence

  • Cash Distributions The Operating Trust will distribute to Boardwalk REIT, to the extent possible, and Boardwalk REIT will have the right to receive, all of the distributable income of the Operating Trust.

  • The trustees of the Operating Trust are also entitled to call for redemption, at any time, all or part of the outstanding Operating Trust Units registered in the name of Boardwalk REIT or any other holder of Operating Trust Units at the same redemption price as described above for each Operating Trust Unit called for redemption, calculated with reference to the date the trustees of the Operating Trust approved the redemption of the Operating Trust Units.

  • The Corporation, Boardwalk REIT, the Partnership, the Operating Trust and the General Partner, as applicable, have also entered into or will, on or before the Effective Date, also enter into the following Material Contracts: (a) the Limited Partnership Agreement.

  • Ancillary Agreements in Connection with the Acquisition and the Arrangement Exchange and Support Agreement On the Effective Date, Boardwalk REIT, the Operating Trust, the Partnership, the Corporation and BEI Subco will enter into the Exchange and Support Agreement to create certain support obligations with respect to the LP Class B Units.

  • If the trustees of the Operating Trust determine that it would be in the best interests of the Operating Trust, they may reduce for any period the percentage of distributable income to be distributed to Boardwalk REIT and may choose to repay principal on the Series 1 Notes in lieu of making distributions.

  • The Secondary Offering is expected to include the sale of not less than a 20% interest in the Common Shares and, ultimately, a 21.8% equity interest in Boardwalk REIT.

  • The value of each Operating Trust Unit so issued will be the redemption price thereof such that the issuance will not result in Boardwalk REIT being liable under the Tax Act to pay a tax imposed under Part XI of the Tax Act.

  • Nenno, Planning With Dynasty Trusts, SG041 ALI-ABA 1597, 1672 (2001) (laying out a typical approach for aggressive growth with 95% equities and calling it “maximum appreciation”), with id.

  • Boardwalk REIT will not be a trust company and will not be registered under applicable legislation governing trust companies as it will neither carry on nor intend to carry on the business of a trust company.

  • In the event that no Common Shares are sold in the Secondary Offering, BPCL’s effective interest in Boardwalk REIT (by reason of its ownership of the Common Shares and of REIT Units) would be 28.41% representing $77,008,779 of the net assets of the Corporation at September 30, 2003 and $1,147,634 of the net income for the nine months then ended, calculated in accordance with U.S. GAAP.

Related to Boardwalk REIT

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

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

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

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • General Partners means all such Persons.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • GP means Gottbetter & Partners, LLP.

  • HCP means a Habitat Conservation Plan prepared pursuant to § 10(a)(2)(A) of the ESA (16 U.S.C. § 1539(a)(2)(A)).

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • Holdings as defined in the preamble hereto.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • General Partner means the general partner of the Partnership.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • SHCP means Secretaría de Hacienda y Crédito Público, the Borrower’s Ministry of Finance and Public Credit.

  • SPE means (i) an entity formed for the purpose of holding, acquiring, constructing, developing or improving assets whose acquisition, construction, development or improvement will be financed by Specified SPE Debt or equity investments in such entity or (ii) an entity acquired by the Restricted Parent or a Restricted Subsidiary of the Restricted Parent whose outstanding Indebtedness is all Specified SPE Debt.

  • Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.

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

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • ESMP or “Environmental and Social Management Plan” means with respect to each activity under the Project pursuant to which the ESMF requires it, a plan to be prepared by the Recipient pursuant to Section I.D.1 of Schedule 2 to this Agreement, in accordance with the provisions of the ESMF and approved by the Association, setting out measures to mitigate any adverse environmental and social impacts arising from such activities; and “ESMPs” means more than one ESMP.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.