Common use of Convertible Securities Clause in Contracts

Convertible Securities. AIP has no outstanding options, warrants or other securities exercisable for, or convertible into, shares of AIP Common Shares, the terms of which would require any anti-dilution adjustments by reason of the consummation of the transactions contemplated hereby, except the preemptive rights held by certain clients of Morg▇▇ ▇▇▇n▇▇▇ ▇▇▇et Management, Inc. and held by MS Real Estate Special Situations, Inc. and the convertible debt securities held by Realco.

Appears in 11 contracts

Sources: Agreement and Plan of Merger (American Industrial Properties Reit Inc), Merger Agreement (American Industrial Properties Reit Inc), Merger Agreement (Usaa Income Properties Iii LTD Partnership)