Property law

Ohio's H.B. No. 152 Sponsors Amend Forced-Pooling Bill, But Gateway Royalty Says Not Enough

Retrieved on: 
Monday, June 14, 2021

Facing public outrage over forcing out-sized costs on mineral owners, oil and gas producers have backed away from the bill, and Ohio's sponsors of H.B.

Key Points: 
  • Facing public outrage over forcing out-sized costs on mineral owners, oil and gas producers have backed away from the bill, and Ohio's sponsors of H.B.
  • 152 have put forward a substitute bill that requires the royalties to be paid on the gross proceeds of the sale of the oil and gas.
  • According to Oldham, "this one sentence royalty provision prevents operators from taking costs through affiliate sales and market enhancement clauses."
  • The royalty percentage for forced-pooled mineral owners should be the average in the leases of the other mineral owners in the unit.

Suprva Healthcare Group, Inc. Plans to Acquire Medical Office Building in California

Retrieved on: 
Friday, June 11, 2021

Liverpool, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Supurva Healthcare Group, Inc. (OTC Pink: SPRV) (the Company) announced today that it has signed a Letter of Intent to acquire a Medical Office Building (MOB) in Northern California.

Key Points: 
  • Liverpool, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Supurva Healthcare Group, Inc. (OTC Pink: SPRV) (the Company) announced today that it has signed a Letter of Intent to acquire a Medical Office Building (MOB) in Northern California.
  • John D. Murphy Jr., the Companys CEO stated that the majority of the medical office building is leased to a credit rated health system that has increased its occupancy in the building over the past twenty years.
  • All the tenants have annual escalations, lengthy lease terms with multiple renewal options.
  • The building is a multiple story 50,000 square foot+ Class A MOB, located adjacent to a hospital, with great visibility, abundant parking, and ongoing capital investment.

Translate Bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, June 9, 2021

These grants were made pursuant to the Companys 2021 Inducement Stock Incentive Plan, were approved by the Companys Inducement Grant Subcommittee of the board of directors, and were made as a material inducement to each employees acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation.

Key Points: 
  • These grants were made pursuant to the Companys 2021 Inducement Stock Incentive Plan, were approved by the Companys Inducement Grant Subcommittee of the board of directors, and were made as a material inducement to each employees acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation.
  • The stock options have an exercise price of $19.12 per share, equal to the closing price of Translate Bios common stock on June 7, 2021.
  • The vesting of each grant is subject to the employees continued service with the Company through the applicable vesting date.
  • The inducement grants are subject to the terms and conditions of award agreements covering the grants and the Companys 2021 Inducement Stock Incentive Plan.

Swapalease.com Releases Latest Figures on Lease Credit Approvals Showing a Slight Decrease for May

Retrieved on: 
Wednesday, June 9, 2021

CINCINNATI, June 09, 2021 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May.

Key Points: 
  • CINCINNATI, June 09, 2021 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May.
  • The steady, incremental increase indicates consumer credit levels are also holding steady as many households continue to receive stimulus relief provided by the government.
  • Swapalease.com believes many of its site visitors and vehicle customers have solid credentials available to take over a persons vehicle lease.
  • Swapalease.com matches a person wanting out of their existing vehicle lease contract with a car shopper looking to take over a short-term vehicle lease.

TEQlease Capital Awarded the Sole Source Lease Financing Contract for NCPA Members

Retrieved on: 
Tuesday, June 8, 2021

NCPA (National Cooperative Purchasing Alliance) members can now rely on TEQlease Capital's suite of equipment lease financing options.

Key Points: 
  • NCPA (National Cooperative Purchasing Alliance) members can now rely on TEQlease Capital's suite of equipment lease financing options.
  • For the first time, NCPA member organizations will be able to get best-in-class equipment lease financing through the cooperative.
  • TEQlease Capital specializes in providing lease financing services to school districts and other K12 schools, higher educational institutions, and state and local government agencies.
  • "NCPA members and other vendors will have the option of using TEQlease's TEQQuote online equipment lease financing quote tool, allowing NCPA members to obtain real time equipment lease finance quotes for bid, budgeting and analysis purposes."

DarioHealth Announces Closing of wayForward Acquisition

Retrieved on: 
Tuesday, June 8, 2021

The option will have an exercise price per share of $19.99 (the closing price of the Common Stock on the Nasdaq Stock Market on June 4, 2021, the trading day prior to the Closing date).

Key Points: 
  • The option will have an exercise price per share of $19.99 (the closing price of the Common Stock on the Nasdaq Stock Market on June 4, 2021, the trading day prior to the Closing date).
  • 60,000 of the option shares will vest over a three-year period beginning on the Closing date, subject to Mr. Singh's continued employment by the Company or its subsidiary on the applicable vesting date.
  • DarioHealth Corp. (Nasdaq: DRIO) is a leading global digital therapeutics company revolutionizing how people with chronic conditions manage their health.
  • To learn more about DarioHealth and its digital health solutions, or for more information, visit http://dariohealth.com .

Camden Property Trust Announces Participation in Nareit’s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update

Retrieved on: 
Monday, June 7, 2021

(1) Average change in same property new lease and renewal rates vs. expiring lease rates when effective.

Key Points: 
  • (1) Average change in same property new lease and renewal rates vs. expiring lease rates when effective.
  • (3) Average change in same property new lease and renewal rates vs. expiring lease rates when signed.
  • Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
  • Upon completion of 8 properties currently under development, the Companys portfolio will increase to 59,787 apartment homes in 176 properties.

AVROBIO Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, June 4, 2021

The grant was made in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • The grant was made in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Vesting of the option award is subject to continued service with AVROBIO by the employee through the applicable vesting dates.
  • AVROBIO is powered by our industry leading plato gene therapy platform, our foundation designed to deliver gene therapy worldwide.
  • AVROBIO explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

RPT Realty Selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance

Retrieved on: 
Thursday, June 3, 2021

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.

Key Points: 
  • NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.
  • The Green Lease Leader program recognizes landlords, tenants and partnering real estate practitioners from a variety of sectors that incorporate green leasing to drive high-performance and healthy buildings.
  • RPT was awarded Gold recognition, the highest Green Lease Leader designation, for using green leases to protect occupant health, increase energy efficiency, modernize buildings and improve tenant-landlord relationships.
  • The Gold designation reflects our commitment to high performance and sustainability in buildings and best practice leasing, said Brian Harper, President and CEO.

 ACIA Aero Leasing Completes Deliveries of Three ATR 72-600s, Facilitating Green Africa’s Takeoff

Retrieved on: 
Thursday, June 3, 2021

Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.

Key Points: 
  • Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.
  • ACIA Aero Leasing has been a very supportive partner and we are proud of this relationship.
  • www.greenafrica.com
    ACIA Aero Leasing (ACIA), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.
  • Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations.