Management Internalization Event definition

Management Internalization Event means the acquisition by the Partnership and its Subsidiaries of Properties (including the Portfolio Properties) with an aggregate Initial Value of at least One Billion Two Hundred Fifty Million and No/100 Dollars ($1,250,000,000.00).
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Examples of Management Internalization Event in a sentence

  • Except following any Permitted Management Internalization Event, maintain the Advisor as the manager of the assets of CNL HP.