Description of Properties. On the Effective Date and at all times subsequent thereto up to the Termination Date, the section of the Prospectus entitled "Description of Properties" will include, among other things, the location and general character of all materially important real properties held or intended to be acquired by the Company, the nature of the Company's title to or other interest in such properties and the nature and amount of all material mortgages or other liens or encumbrances against such properties and the principal terms of any lease of any such properties and the lessee thereof and such descriptions will be correct in all material respects.
Description of Properties. Set forth below is a table showing the location, the date of purchase, the nature of the Partnership's ownership interest in and the use of each of the Partnership's properties. DATE OF PROPERTY PURCHASE TYPE OF OWNERSHIP USE ----------------------------- -------- ----------------------------- ------------------------- Marlin Manor Xxxxxxxxxx 11/87 Fee ownership Residential Apartments Columbus, Ohio (subject to first mortgage) (278 units) Hunt Club Apaxxxxnts 05/87 Fee ownership Residential Apartments Indianapolis, Indiana (subject to first mortgage) (200 units) Shadow Brook Apartments 05/87 Fee ownership Residential Apartments West Valley City, Utah (subject to first mortgage) (300 units) Accumulated Depreciation Schedule. Set forth below is a table showing the gross carrying value, accumulated depreciation and federal tax basis of each of the Partnership's properties as of December 31, 1996 ($ amounts in thousands). GROSS CARRYING ACCUMULATED FEDERAL PROPERTY VALUE DEPRECIATION RATE METHOD TAX BASIS ----------------------------------- -------------- ------------- ---------- ----------- ----------- Carlin Manor Apartments $ 6,561 $ 3,307 5-30 yrs. S/L $ 5,471 Hunt Club Apaxxxxnts 6,796 3,239 5-30 yrs. S/L 4,309 Shadow Brook Apartments 10,197 3,457 5-30 yrs. S/L 6,692 -------- ---------- ---------- TOTALS $ 23,554 $ 10,003 $ 16,472 ======== ========== ========== Schedule of Mortgages. Set forth below is a table showing certain information regarding the outstanding mortgages encumbering each of the Partnership's properties as of December 31, 1996 ($ amounts in thousands). PRINCIPAL PRINCIPAL BALANCE AT STATED BALANCE DECEMBER 31, INTEREST PERIOD MATURITY DUE AT PROPERTY 1996 RATE AMORTIZED DATE MATURITY ---------------------------------- --------------- ---------- ------------ ------------ ----------- Carlin Manor Apartments $ 2,500 7.33% (a) 11/2003 $ 2,500 Hunt Club Apaxxxxnts 3,850 8.30% 20 yrs. 10/2000 3,575 Shadow Brook Apartments 6,000 7.33% (a) 11/2003 6,000 -------- ------------ TOTALS $ 12,350 $ 12,075 ======== ============
Description of Properties. (a) Set forth below is a table showing the location, the date of purchase, the nature of the Partnership's ownership interest in and the use of each of the Partnership's properties. DATE OF PROPERTY PURCHASE TYPE OF OWNERSHIP USE -------- -------- ----------------- --- The Loft Apartments 11/19/90 Fee ownership Residential Apartments Raleigh, North Carolina (subject to first mortgage) (188 units) The Sterling Apartment 12/01/95 Fee ownership Residential Apartments Homes and Commerce Center (537 units) Philadelphia, Pennsylvania Commercial Center (111,741 sq. ft.)
Description of Properties. Subject to the Excluded Assets (as hereafter defined), the following properties (collectively, the “Properties”) are subject to this Agreement:
Description of Properties. The Southwest Target is comprised of the following 50 mineral claims located in La Paz County, Arizona, all in Township 6 North, Range 20 West. Claim BLM/AMC Claim BLM number Serial Number number Claim Number 6 AMC335236 237 AMC164493 7 AMC335237 238 AMC164494 10 AMC335240 239 AMC164495 11 AMC335241 240 AMC164496 12 AMC335242 241 AMC164497 13 AMC335243 277 AMC164533 14 AMC335244 278 AMC164534 15 AMC335245 279 AMC164535 30 AMC98423 280 AMC164536 32 AMC98425 281 AMC164537 33 AMC98426 282 AMC164538 34 AMC98427 283 AMC164539 35 AMC98428 284 AMC164540 36 AMC98429 285 AMC164541 37 AMC98430 286 AMC164542 38 AMC98431 287 AMC164543 39 AMC98432 288 AMC164544 56 AMC98972 289 AMC164545 57 AMC98973 290 AMC164546 63 AMC98979 291 AMC164547 129 AMC144912 130 XXX000000 131 AMC144914 136 AMC144919 137 AMC144920 138 XXX000000 139 AMC144922 151 AMC144934 234 AMC164490 235 AMC164491 Total area = 969 acres or 392.1 hectares SCHEDULE B (To Earn-In Agreement)
Description of Properties. The Properties subject to this Agreement are listed on Exhibit A and made a part hereto as well as a lease ownership status report prepared by Van Cott, Bagley, Salt Lake City.
Description of Properties. The Licensor's solar protection window film consists of a design of three layers of polyester laminated sheets; one sheet coated with protective scratch resistant material, one sub-strata sheet sputter coated with stainless steel, and one sheet coated with a trade secret formula of blended light reflectors and ultraviolet inhibitors. The trade secret formula of light reflectors and ultraviolet inhibitors specifically provides sunlight fade protection up to the visible light range at 400 nanometers. The Licensor's solar protection window film secret processes, formulae, trade secrets, engineering, design, process and operating information, inventions, developments, technical data and other scientific and technical information relating to any process or method now owned or controlled by the Licensor or its Affiliate relating in any way to the Products shall remain a trade secret and are non-disclosable.
Description of Properties. Attached hereto and made a part of that certain Purchase Option Agreement dated effective May 5, 2002, by and between Trek Resources, Inc (grantee) and Xxxxxxx X. Xxxxxxxxxx (grantor).
Description of Properties. 7 5.1 The Improvements ........................................................... 7 5.2 The Real Property .......................................................... 7 5.3
Description of Properties. The parties hereto acknowledge and agree that (a) the HAT Relinquished Property is comprised of all of the STC Replacement Property and certain additional assets of the HAT Owner as described in the STC/HAT Exchange Agreement, and (b) the HAT Replacement Property is comprised of all of the STC Relinquished Property and certain additional assets of the STC Owners as described in the STC/HAT Exchange Agreement.
