Examples of Omega REIT in a sentence
The Partnership shall use reasonable efforts to prepare within one hundred twenty (120) days after the close of each Partnership Year financial statements of the Partnership, or of Omega REIT if such statements are prepared on a consolidated basis with the Partnership, for such Partnership Year, presented in accordance with GAAP, which such statements shall be audited by a nationally recognized firm of independent public accountants selected by the General Partner.
The unconsolidated tephra and sediment on the eastern and northeastern flanks of Surtur is cut by numerous (>50) 3–30 m wide, 2–14 m deep and 20 to over 300 m long gullies.
Elachi: Mr. Speaker, Sir, I also want to thank the Moroccan delegation and the Ambassador for giving his time during the four days they have been here.
Member allowances and expenses are paid through payroll and are subject to PAYE.
The Borrower will, and will cause each of its Subsidiaries to, operate its business at all times in such a manner as to permit Omega REIT to satisfy all requirements necessary to qualify and maintain Omega REIT’s qualification as a real estate investment trust under Sections 856 through 860 of the Internal Revenue Code.
Nothing contained in this Agreement shall be construed as conferring upon the holders of Units any rights whatsoever as stockholders of Omega REIT, including any right to receive dividends or other distributions made to stockholders of Omega REIT or to vote or to consent or receive notice as stockholders in respect of any meeting of the stockholders of Omega REIT.
For the avoidance of doubt, the following shall not be Adjustment Events: (x) the issuance of Units in a financing, reorganization, acquisition or other similar business transaction, (y) the issuance of Units pursuant to any Equity Incentive Plan or any employee benefit or compensation plan or distribution reinvestment plan, or (z) the issuance of any GP Units to a General Partner in respect of a Capital Contribution to the Partnership of proceeds from the sale of securities by Omega REIT.
If requested by the Administrative Agent, the Borrower or the Credit Parties, as applicable, shall execute an authorization letter addressed to its accountants authorizing the Administrative Agent or any Lender to discuss the financial affairs of Omega REIT, Omega Holdco and the Borrower or any other Credit Party with its accountants.
In exchange for such contribution by Omega REIT, the Partnership shall be deemed to have assumed and agreed to pay, perform or otherwise fulfill all of Omega REIT’s liabilities and obligations with respect to such New Debt Obligation (the “Assumed New Debt Obligations and Liabilities”) and to reimburse all Omega REIT’s expenses associated with the issuance of the New Debt Obligation, including any Debt Transaction Costs not paid directly by Omega REIT.
Without limiting the generality of the foregoing, the Partners acknowledge that the status of Omega REIT as a REIT inures to the benefit of all Partners and not solely to Omega REIT or its Affiliates.