Gables definition
Examples of Gables in a sentence
Until further notice to the other party, it is agreed that the address of the Trust is ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇, Suite 2A, Coral Gables, FL 33134.
In connection with the foregoing, and without limiting the Gables Trust's right, in its sole discretion, to cease qualifying as a REIT, the Partners acknowledge the Gables Trust's current status as a REIT inures to the benefit of all of the Partners and not solely the General Partner.
Unless the General Partner and/or the Gables Trust (in their sole and absolute discretion) shall exercise its right to purchase Partnership Units from the Redeeming Partner pursuant to this Section 8.6.B, neither the General Partner nor the Gables Trust shall have any obligation to the Redeeming Partner or the Partnership with respect to the Redeeming Partner's exercise of the Redemption Right.
The General Partner and the Gables Trust may transfer Limited Partner Interests held by them either to the Partnership in accordance with Section 7.5.B hereof or to a purported holder of REIT Shares in accordance with the provisions of Article V of the Declaration of Trust.
In connection with a redemption by Gables Trust of any or all of the Gables Trust Series A Preferred Shares, the General Partner shall have the right to cause the Partnership to redeem all or a portion of the Series A Preferred Units that the Gables Trust and/or the General Partner holds, and such redemption proceeds shall be distributed to the Gables Trust and/or the General Partner, as applicable, pursuant to the provisions of Section 5.1(b).
If the General Partner and/or the Gables Trust shall elect to exercise its right to purchase Partnership Units under this Section 8.6.B with respect to a Notice of Redemption, they shall so notify the Redeeming Partner within five Business Days after the receipt by the General Partner of such Notice of Redemption.
The Gables Trust unconditionally and irrevocably guarantees to the Limited Partners the performance by the General Partner of the General Partner's obligations under this agreement.
In connection with a redemption by Gables Trust of any or all of the Gables Trust Series Z Preferred Shares, the General Partner shall have the right to cause the Partnership to redeem all or a portion of the Series Z Preferred Units that the Gables Trust and/or the General Partner holds, and such redemption proceeds shall be distributed to the Gables Trust and/or the General Partner, as applicable, pursuant to the provisions of Section 5.1(c).
Unless the Trustees otherwise determine, the principal office of the Trust shall be located at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ #2A, Coral Gables, Florida 33134 .
In order to assure compliance with any applicable tax withholding requirements, Vested Shares may only be sold through a securities broker selected by the Company, currently the Coral Gables office of ▇▇▇▇▇▇▇ ▇▇▇▇▇.