ing the applicable date of determination. "GAAP" means U.S. generally accepted accounting principles as in effect from time to time. "jr„Q" means Island Capital Group LLC, a Delaware limited liability company. "Indemnifiable Losses" has the meaning set forth in Section 5.4. "Indemnified Party" has the meaning set for

llas, Texas 75244 (the "Assignor") to IGY-AYH ST. THOMAS HOLDINGS, LLC, a U.S. Virgin Islands limited liability company whose mailing address is do Island Capital Group LLC, 717 Fifth Avenue, 18i6 Floor, New York, New York 10022 (the "Assignee'). WHEREAS, Assignee is the Permittee under Coastal Zone Management Permit