The Fund will pay cash both for the accrued and unpaid interest, up to but excluding the Redemption Date, on the Debentures and in lieu of any
fractional Units that would otherwise be issued.
Cash will be paid to QEPM common unitholders in lieu of any
fractional units they otherwise would have been entitled to receive.
Local noteworthy Flagstone Property Group and partner ING Clarion are including 100
fractional units, known as Residences at Island Gardens, atop the 150-room Shangri-La Hotel high-rise getting under way this summer on Watson Island, an island in Biscayne Bay close to downtown Miami.
The placepot will operate on the first six races on a card; dividends will be declared to a EUR1 stake and punters can bet in
fractional units - a minimum of 10 cents in Ireland and 5p in the UK.
The investment, which is for a term of three years, with two one-year extension options for the developer, completes a financing package in excess of $225 million for the 121-room luxury hotel and 35 condo apartments, 16 of which are being sold in whole-ownership units and the remainder in
fractional units.
That hotel on its own would not have made economic sense, but in combination with the condominiums and
fractional units it makes sense," Cahill says.
They were treated with new glasses using
fractional units of vertical and horizontal prism.
To raise the capital, 928 limited partnerships are being sold at a minimum cost of US$25,000 per unit; additional
fractional units can be purchased in increments of US$5,000, said Carlos Toro, Tourism Co.
It also allowed them to develop their own thought processes about the relative size of
fractional units and to develop number sense with fractions.
Weld data can be configured and presented in metric or
fractional units and has the capacity to convert logged data between fractional and metric.
The authorization of the new stock by shareholders allows Buffett to put the brakes on investment trusts that tried to capitalize on his reputation by selling
fractional units of Berkshire stock.
Cash will be paid to Encore unitholders in accordance with the merger agreement in lieu of any
fractional units they otherwise would have been entitled to receive.
