WREIT definition
Examples of WREIT in a sentence
WREIT has the full right, power and authority to make, execute, deliver and perform this Agreement and the transaction contemplated under this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement.
Except as the context otherwise requires, capitalized terms used but not defined herein shall have the respective meanings assigned them in the WREIT preliminary prospectus dated March 13, 1998.
This Agreement may be amended only by written agreement --------- signed by Seller, WREIT and Purchaser.
This Agreement shall be binding upon and shall ------------- inure to the benefit of the parties hereto and their respective successors and assigns; provided, however, that neither this Agreement nor any right or obligation hereunder may be assigned or transferred, except that Wilshire France or WREIT may assign this Agreement and its rights and obligations hereunder to any direct or indirect subsidiary or affiliate thereof which shall have the capabilities of carrying out all of its obligations hereunder.
The closing date of the initial public offering of ------------ common stock of WREIT, pursuant to Registration Statement No. 333-39035 on Form S-11, and any amendments thereto, filed by WREIT with the Securities and Exchange Commission.
In order to enable the Partnership to effect a redemption by making a Share Payment pursuant to this Section 9.3, the General Partner in its sole and absolute discretion may direct WREIT to issue additional REIT Shares to the Partnership in exchange for the issuance to WREIT and/or the General Partner of Partnership Units determined by applying the Conversion Multiple to the number of REIT Shares issued.
If the Redeeming Party receives a Share Payment, the Units will not be canceled, but will be transferred to WREIT.
Landlord and Tenant hereby acknowledge that the effectiveness of this Lease Amendment with respect to Suite 600 is conditioned upon Landlord receiving a fully executed Lease termination Agreement from WREIT, the current tenant of ▇▇▇▇ ▇▇▇▇▇▇, Suite 600.
Wilshire France or an affiliate thereof shall deliver or cause to be delivered consents to the transfer of the assets, and all other documents reasonably requested by WREIT.
The failure of Purchaser or WREIT to enforce any provision ------- of this Agreement shall not be deemed a waiver of that provision or any other provision with respect to that transaction or any other transaction with Seller.