Following closing of the Acquisition

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cheap Canada Goose The REIT has the option to issue fewer Class B LP Units and fund up to an additional US$0.6 million in Cheap Canada Goose cash.The VTB loan will have an initial two year term, with two one year extension options. The VTB will bear interest at a rate of 5.0% for year one, 5.5% for year two and 6.0% per year thereafter.Following closing of the Acquisition, it is expected that the REIT will have leverage of 48.9% net debt/assets (being the difference between total debt and cash, divided by the sum of the appraised value of the REIT’s existing property and the acquisition value of cheap canada goose the Acquisition Properties), lowering the REIT’s weighted average cost of capital and moving the REIT closer in line with comparable industry peers.The Acquisition will be completed pursuant to a purchase and sale agreement among the REIT and the Vendors (the «Purchase Agreement») and will be conditional upon the satisfaction of certain conditions including lender consents, the approval of the unitholders of the REIT, and TSX Venture Exchange approval, as well as other customary conditions for such a transaction. The Purchase Agreement also contains customary provisions for transactions of this nature, including representations, warranties, covenants and indemnities of the parties.Assuming all conditions to the completion of the Acquisition are satisfied or waived, the Acquisition is expected to occur in June 2017.An annual and special unitholder meeting (the «Meeting») will be called by the REIT to approve, among other things, Cheap Canada Goose http://www.canadagoosepark.com canada goose outlet matters relating to the Acquisition. cheap Canada Goose

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