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Distribution Declaration Mechanics

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f3814045 · Woodfine Capital Projects Inc. ·

Phase C D1: cross-repo move — 16 industry/methodology articles to media-knowledge-projects (industry 8, buildings 2, site-selection 4, building-design 2); cross-repo redirects added; residual wikilinks converted to plain text. economy/investment/research now empty (dissolved).

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@@ -39,7 +39,7 @@ vehicle in the programme.

## The ICR gate

The interest coverage ratio for each asset is calculated as stabilised [[net-operating-income|net operating income]]
The interest coverage ratio for each asset is calculated as stabilised net operating income
divided by total annual interest obligations on all debt secured against the asset. A ratio
at or above 1.2× indicates that operating income covers interest with a 20% buffer. A ratio
below 1.2× means that operating income is insufficient to service debt with the required
Important Information

Important Information

Securities offering. Woodfine Capital Projects Inc. ("Woodfine") sponsors real-property direct-hold solutions. Interests in those solutions are offered only to investors who qualify under an applicable prospectus exemption — including the accredited-investor exemption under National Instrument 45-106 — Prospectus Exemptions, and equivalent exemptions in other applicable jurisdictions. Content on this wiki is provided for general informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any offering is made exclusively by means of the applicable Private Placement Memorandum, which prospective investors should review, together with their own professional advisors, before investing.

Scope. This wiki describes Woodfine's research methodology, geographic data platform, and related activities at a high level and is qualified in its entirety by the applicable Private Placement Memorandum and the governing documents of the relevant issuer.

Risk. Investment in real-property direct-hold solutions involves significant risk, including possible loss of capital. Past performance is not indicative of future results. References to structural features such as advisory fees, transferability, and net asset value methodology describe the contractual terms of the direct-hold solutions and are not representations as to investment outcomes or returns.

Forward-looking statements. Statements that are not historical facts may constitute forward-looking information within the meaning of applicable Canadian securities laws. Such statements are subject to known and unknown risks, uncertainties and assumptions, and actual results may differ materially. Woodfine undertakes no obligation to update such statements except as required by law.

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Jurisdiction. Woodfine Capital Projects Inc. is organized in British Columbia, Canada. References to the Sovereign Data Foundation on this wiki describe a planned or intended initiative only, not a current equity holder or active governance body.

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Changes to this notice. Woodfine may update this notice from time to time; the version posted on this page governs.

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