CBD Properties definition
Examples of CBD Properties in a sentence
From time to time, the Company may designate one or more additional properties as CBD Properties by delivering an Officers’ Certificate, in substantially the form attached hereto as Exhibit B, to the Trustee (i) setting forth the name of such property and (ii) certifying that, in the good faith opinion of such officers, such property is located in the central business district of a CBD Market.
Each Operating Company will target high quality properties in attractive Central Business District (“CBD”) and suburban locations, with the expectation that approximately 70% of the Partnership’s Committed Capital will be invested in CBD Properties.
From time to time, the Company may designate one or more additional properties as CBD Properties by delivering an Officers' Certificate, in substantially the form attached hereto as EXHIBIT C, to the Trustee (i) setting forth the name of such property and (ii) certifying that, in the good faith opinion of such officers, such property is located in the central business district of a CBD Market.
Each Operating Company will target high quality properties in attractive Central Business District ("CBD") and suburban locations, with the expectation that approximately 70% of the Partnership's Committed Capital will be invested in CBD Properties.
The Partnership will target high quality properties in attractive Central Business District (“CBD”) and suburban locations, with the expectation that approximately 70% of the Partnership’s Invested Capital will be invested in CBD Properties.