Other Contribution definition
Examples of Other Contribution in a sentence
The transactions contemplated by the Other Contribution Agreements shall have been consummated at or about the same time as the Closing hereunder.
Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBo▇▇ ▇▇▇iliated Partnerships under the Other Contribution Agreements.
Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Contributor shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBo▇▇ ▇▇▇iliated Partnerships under the Other Contribution Agreements.
The Deposit, plus all interest that accrues thereon, less expenses incurred pursuant to Section 6.4 and allocable to this Agreement in the same ratio that the Deposit bears to the aggregate of all deposits under this Agreement and the Other Contribution Agreements ($500,000.00), shall be returned to Acquiror if Acquiror, prior to the end of the Study Period, notifies the Contributor in writing, pursuant to Section 2.3, that the Acquiror elects not to proceed to Closing.
In the event that the Mall and one or both of the malls acquired pursuant to the Other Contribution Agreements are proposed to be sold as part of the same transaction, Contributor may not exercise the rights pursuant to this Section 11.12(b) or purchase the Mall pursuant to this Section 11.12(b) unless the rights under Section 11.12(b) of such Other Contribution Agreements also are exercised and such other malls also are acquired pursuant thereto.
As more fully described in, and subject to the terms and conditions of, this Agreement, the Other Contribution Agreement and the Deposit Escrow Agreement, the Deposit shall be forfeited to Contributors, refunded to SCOLP or applied to the payment of the Agreed Values.
The Recipient must provide ARENA with written evidence that each person (if any) identified in item 5 of Schedule 4 will provide the relevant Other Contribution on terms satisfactory to ARENA by the relevant date specified in item 5 of Schedule 4, including: the amount to be provided; the due date for the amounts; and the other terms and conditions of the provision of the Other Contributions.
It is the parties' intent that an allocation pursuant to the preceding sentence of this Agreement and the Other Contribution Agreements will cause the total share of nonrecourse liabilities of Contributor and/or its partners to at least equal the excess of the debt encumbering the Real Property over the adjusted tax basis of such property at the time of such contribution.
Securities issued by Parent to Other Parties under Other Contribution Agreements will be Parent Common Stock.
Roanoke Building, Fourth Floor 109 South Seventh Street Minneapolis, Min▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇: (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇ention: Ms. Vipa Chira▇▇▇▇ ▇▇, ▇▇ to each party, at su▇▇ ▇▇▇▇▇ address or telecopier number as may hereafter be designated by such party in a written notice to the other party complying as to delivery with the terms of this Section.