REIC definition
Examples of REIC in a sentence
This Agreement, together with the attached Rental Quote Form represents a final, complete and exclusive statement of the agreement between the Parties, supersedes any prior agreement or understanding between the Parties, and may not be modified except in writing signed by both Customer and REIC Specialty, LLC.
In the event of breaches this contract, 21 Century REIC may apply for injunctive relief, then Prevailing party shall be entitled to recover any damages and all reasonable legal expenses from the breaching party in accordance of Commonwealth of Virginia Jurisdiction.
As at the date of this announcement and prior to the completion of the Proposed Spin-off, Wharf REIC is a wholly-owned subsidiary of the Company, and each of the Company and Wharf REIC is not a connected person of each other.
In addition, the clean energy technologies supported by the LA REIC will be selected based on the regional energy market needs.
It is the County’s intent to enter into a cost plus fee structure.
The Services Transactions contemplated under the Master Agreements are of a recurrent nature and will occur on a regular and continuing basis in the ordinary and usual course of business of the Remaining Wharf Group and the Wharf REIC Group.
During the term of the Wharf Leasing Framework Agreement, the relevant Wharf REIC Group Member(s) and the relevant Remaining Wharf Group Member(s) will enter into a separate lease, tenancy or licence agreement with respect to each of the Rental Services transactions entered into between them.
Signing Date : 8 November 2017 Parties : The Company and Wharf REIC Term : The Master Hotel Services Agreement will become effective on the Listing Date and will continue up to and including 31 December 2019, unless terminated earlier in accordance with its terms and conditions.
As both of Wharf and Wharf REIC, the controlling shareholder of the Company, are listed subsidiaries of ▇▇▇▇▇▇▇▇, Wharf is regarded an associate of Wharf REIC and henceforth a connected person of the Company under the Listing Rules.
As at the date of this announcement, the principal business activities of the Wharf Group are ownership of properties for development and letting, investment holding and container terminals; and the Wharf REIC Group is principally engaged in investment in strategic and substantial retail, office and hotel properties in Hong Kong.