For purposes of the preceding sentence, the sale or financing of a Property owned by a Joint Venture Subsidiary shall be deemed to be substantially controlled by a Joint Venture Parent, if such Joint Venture Parent has the ability to exercise a buy-sell right in the event of a disagreement regarding the sale or financing of such Property. Joint Venture Subsidiary means any entity (other than a Financing Partnership) in which (i) a Joint Venture Parent owns at least 50% of the economic interests and (ii) the sale or financing of any Property owned by such Joint Venture Subsidiary is substantially controlled by a Joint Venture Parent, subject to customary provisions set forth in the organizational documents of such Joint Venture Subsidiary with respect to refinancings or rights of first refusal granted to other members of such Joint Venture Subsidiary. Venture means any group of two or more persons associated in fact, whether or not a legal entity. Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary. It is about sharing risk with others and providing one or more missing and needed assets and competencies. The venture is for one specific project only, rather than for a continuing business relationship as in a strategic alliance. Joint Venture” - (Project means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract. In December 2012, the CRA Board agreed to provide District Joint Venture, LLC with $2,659,000 in grant assistance in support of nearly 27,000 square feet of retail space, public space and design features for the Block and Deck, a mixed-used student residential development on Gaines Street. The CRA and District Joint Venture, LLC entered into a parking management agreement that allows District Joint Venture to manage the 172 public parking spaces. In re : Chapter 11:WP Steel Venture LLC, et al.,1 : Case No. Northeast Office Venture, LLC, a Delaware limited liability company. Notwithstanding the foregoing, the Advisor shall promptly provide notice to the Conflicts Committee if the Advisor and Legacy Partners Residential Realty, LLC propose, after the date of this Agreement, to create any additional exclusion from the restrictions on competing business activities set forth in Section 8.1(a) of the operating agreement of KBS-Legacy Apartment Community REIT Venture, LLC.Īny action as a result of executive session regarding the pending or contemplated litigation - Atlantic Venture, LLC and Atlantic Colony Venture II, LLC v. If applicable, the last four digits of the taxpayer identification numbers of the Debtors follow in parentheses: (i) WP Steel Venture LLC (7095) (ii) Metal Centers LLC (iii) RG Steel, LLC (1806) (iv) RG Steel Railroad Holding, LLC (4154) (v) RG Steel Sparrows Point, LLC (3633) (vi) RG Steel Warren, LLC (0253) (vii) RG Steel Wheeling, LLC (3273) and (viii) RG Steel Wheeling Steel Group, LLC (9927). Includes preferred distributions to the Company's partner in CW Joint Venture, LLC, through September 2013 when the outstanding perpetual preferred joint venture units were redeemed. Includes preferred distributions to the Operating Partnership's partner in CW Joint Venture, LLC, through September 2013 when the outstanding perpetual preferred joint venture units were redeemed. THIS MEMORANDUM IS PRIVATE & CONFIDENTIALArbtrust Venture LLC | 200 S Biscayne Blvd, Miami, Florida | R B T R U S T V E N T U R E.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |