CNLR definition

CNLR means Commercial Net Lease Realty, Inc., a Maryland corporation, and its successors.
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CNLR shall have the meaning specified in the preamble to this Agreement.
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Examples of CNLR in a sentence

  • CNLR is in compliance with all requirements applicable to a Real Estate Investment Trust imposed by the Internal Revenue Code of 1986, as amended, and all applicable regulations thereunder.

  • CNLR, the Agent and the Banks subsequently agreed to amend and restate the 1994 Credit Agreement to reflect certain changes in the terms of the Credit pursuant to the terms of an Amended and Restated Revolving Line of Credit and Security Agreement dated as of April 13, 1995 (the "April, 1995 Agreement") which superseded the 1994 Credit Agreement.

  • This document shall not be binding or in effect until at least one counterpart hereof has been duly executed by CNLR and URI and delivered to CNLR and URI.

  • Simultaneously herewith CNLR or its affiliate and Seller/Tenant shall enter the Purchase Agreement for the purchase and sale-leaseback of Properties (as hereinafter defined), with a collective value of at least $25,000,000 (the “First Transaction”).

  • Sunshine Coast Forest District (District Manager) 2008 BCSC 1642, [2009] 1 C.N.L.R. 110, Kwikwetlem First Nation v.

  • CNLR shall at all times comply with all requirements of applicable laws and regulations necessary to maintain REIT Status.

  • CNLR and URI desire to enter into a commitment whereby URI or URI’s affiliates or related entities (“Seller/Tenant”) simultaneously will sell to CNLR and CNLR will leaseback to Seller/Tenant (with a guaranty from URI) certain parcels of real property as more particularly defined in this Agreement, in several transactions between the date of this Agreement and December 31, 2005 (the “Commitment Period”).

  • CNLR, Net I and Net II subsequently requested certain additional amendments to the December, 1995 Agreement and the Renewal Note to (i) increase the amount of the Credit to $150,000,000.00 and (ii) extend the Revolving Credit Maturity Date to June 30, 1998, as well as certain other revisions.

  • Nothing herein shall obligate URI or Seller/Tenant to sell any Property to CNLR or lease back any Property from CNLR.

  • If CNLR receives reimbursement from URI at the closing of the First Transaction but purchases one or more of the Properties identified on Exhibit C as part of the another Transaction then URI shall be entitled to a credit at closing for such reimbursements.