PCIH definition
Examples of PCIH in a sentence
The parties acknowledge that, immediately following consummation of the Mergers, PC Advisory Partners I, L.P., a Delaware limited partnership ("PCAP") and PC Intermediate Holdings, L.P., a Delaware limited partnership ("PCIH" and, together with PCAP, the "PCMC Partners"), will hold 27% of the aggregate outstanding equity of the Corporation.
At the HCC Financial Close, the Housing Project Company will be required to reimburse City by an amount equal to the City Predevelopment Cost multiplied by the PCIH, which will be allocated to the Housing and Commercial Component.
Although the Housing and Commercial Component share (based on PCIH) of the Common Infrastructure costs will be the Housing Project Company’s responsibility, Lead Developer has the sole discretion in allocating those costs among the Affordable Units and the Housing and Commercial Component market rate residential units and non-residential units.
The Housing Project Company will pay for its share of the annual cost of Infrastructure Facility Maintenance, based on the PCIH, starting on Substantial Completion of the Infrastructure Facility or on such other date as mutually agreed by the Parties and every year thereafter for the Housing Term.