ERPOP definition
Examples of ERPOP in a sentence
For the avoidance of doubt, ERPOP and AVB shall each be jointly and severally liable pursuant to the Assumption Agreements for all Assumed Liabilities.
The ERPOP Debt Commitment Letter has not been amended or modified prior to the date of this Agreement, and as of the date hereof, the respective commitments contained in the ERPOP Debt Commitment Letter have not been withdrawn or rescinded in any respect.
For purposes of clarity, the amount payable by or to the Buyer Parties in accordance with this Section 2.3.3, as applicable, shall be the joint and several obligations of ERPOP and AVB, but may be allocated among the Buyer Parties or the Buyer Designees as determined by the Buyer Parties in their sole and absolute discretion.
ERPOP, AVB, Seller and LBHI may terminate this Agreement by mutual written consent.
ERPOP is a limited partnership duly organized, validly existing and in good standing under the laws of the state of Illinois and has all requisite trust power and authority to own, lease and operate its properties and to carry on its business as it is presently being conducted.
ERPOP will provide to Seller any amendments to the ERPOP Debt Commitment Letter, or any written notices given pursuant thereto, as promptly as possible.
For the avoidance of doubt, ERPOP and AVB shall be responsible for any non-compliance, violation or breach of any Contract relating to Indebtedness or Joint Ventures resulting from the unwinding, termination or breach of any Derivative Instrument in connection with this Section 2.3.
ERPOP has fully paid or caused to be fully paid any and all commitment fees or other fees that are payable by it or EQR under the ERPOP Debt Commitment Letter and the fee letters related thereto on or prior to the date hereof and has otherwise satisfied all other terms and conditions under the ERPOP Debt Commitment Letter required to be satisfied by it or EQR on or prior to the date hereof.
Since September 30, 2012, no EQR Shares have been issued except for EQR Common Shares that were reserved for issuance as of September 30, 2012 under its compensation plans and EQR Common Shares issued upon redemption of limited partnership units in ERPOP.
In connection with the due diligence investigation of EQR, ERPOP and AVB, the ▇▇▇▇▇▇ Entities have received and may continue to receive from EQR, ERPOP and AVB certain estimates, projections, forecasts and other forward-looking information, as well as certain business plan information, regarding EQR, ERPOP and AVB, and their respective business and operations.