1/4% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest Sample Clauses

1/4% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest. UNDERWRITING AGREEMENT November 12, 1997 DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION Prudential Securities Incorporated BT Alex. Brown Incorporated PaineWebber Incorporated As representatives of the several Underwriters named in Schedule I hereto c/o Donaldson, Lufkin & Jenrette Securities Corporation 277 Park Avenue New York, New York 10172 Dear Ladies and Gentlemen: Glimcher Realty Trust, a Maryland real estate investment trust (the "TRUST"), proposes to issue and sell 4,800,000 shares of its 9 1/4% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $.01 per share (Liquidation Preference $25.00 per share)(the "TRUST SHARES") to the several underwriters named in Schedule I hereto (the "UNDERWRITERS"), for whom you are 2 acting as Representatives (the "REPRESENTATIVES"). The Trust also proposes to issue and sell to the several Underwriters not more than an additional 720,000 shares of its 9 1/4% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $.01 per share (Liquidation Preference $25.00 per share) (the "ADDITIONAL SHARES"), if requested by the Underwriters as provided in Section 2 hereof. The Trust Shares and the Additional Shares are hereinafter referred to collectively as the "SHARES". The Shares to be outstanding after giving effect to the sales contemplated hereby are hereinafter referred to as the "SERIES B PREFERRED SHARES".