Effect of Exchange. (a) Any exchange of Partnership Units pursuant to this Article 2 shall be deemed to have occurred as of the Specified Exchange Date for all purposes, including without limitation the payment of distributions or dividends in respect of Partnership Units or REIT Stock, as applicable.
Appears in 33 contracts
Samples: Exchange Rights Agreement (Independence Realty Trust, Inc.), Exchange Rights Agreement (Independence Realty Trust, Inc), Exchange Rights Agreement (Independence Realty Trust, Inc)
Effect of Exchange. (a) Any exchange of Partnership Units pursuant to this Article 2 shall be deemed to have occurred as of the Specified Exchange Date for all purposes, including without limitation the payment of distributions or dividends in respect of Partnership Units or REIT Stock, as applicable.
Appears in 1 contract
Samples: Exchange Rights Agreement (American Realty Capital Trust III, Inc.)
Effect of Exchange. (a) (a) Any exchange of Partnership Units pursuant to this Article 2 shall be deemed to have occurred as of the Specified Exchange Date for all purposes, including without limitation the payment of distributions or dividends in respect of Partnership Units or REIT Stock, as applicable.
Appears in 1 contract
Samples: Exchange Rights Agreement (Empire American Realty Trust Inc)
