Examples of KSI in a sentence
The leases also provide for the tenants to pay electricity charges to an affiliate of KSI.
Income, losses, and distributions are allocated to the partners in proportion to their respective ownership interests.The Partnership is owned 50% by PREIT Associates, L.P. and its wholly owned subsidiary (general and limited partner), 49.5% by Kravco Simon Investments, L.P. (KSI, limited partner), and 0.5% by Delta Ventures, Inc.
Non-Employee Directors Deferred Stock Unit Plan participant shall be deemed to be credited with one non-monetary unit equal to one KSL Common Share for every three non-monetary units equal to three shares of KSI Common Stock that is deemed to be credited to his Kaneb Services, Inc.
Effective immediately upon the expiration of the compensation deferral election period during which the Distribution occurs, KSL shall take such actions as are necessary to cause KSL and its Subsidiaries to terminate KSL's and its Subsidiaries' participation in the KSI Deferred Compensation Plans.
After the Distribution, KSI shall furnish to KSL a statement that indicates the number of non-monetary units equal to one share of KSI Common Stock deemed to be credited to the accounts of each participant and former participant under the KSI Deferred Compensation Plans as a result of the Distribution.
Further, KSL and its Subsidiaries shall be exclusively liable for any Liability relating to any KSI Employee Benefit Plan to the extent that the Liability relates to a KSL Employee, a KSL Former Employee or a dependent or beneficiary of a KSL Employee or a KSL Former Employee.
Effective no later than the Distribution Date, KSL shall take such actions as are necessary to cause KSL and its Subsidiaries to terminate KSL's and its Subsidiaries' participation in all KSI Employee Benefit Plans other than the KSI Deferred Compensation Plans and the KSI Savings Plan.
The number of shares subject to the KSI Option will not be changed as a result of the Distribution.
Except as specified in this Agreement, each KSL Option granted to a KSI Option holder in compliance with this Agreement shall contain provisions that are substantially similar to the provisions of the holder's KSI Option.
KSL hereby agrees that it shall not attempt to claim federal income taxation deductions with respect to KSL Common Shares that are issued by KSL pursuant to this Agreement to current or former employees of KSI or a KSI Company who are participants or former participants under either of the KSI Deferred Compensation Plans.