Forward Price. On the Hedge Completion Date, the Initial Forward Price, and on any other day, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date.
Appears in 10 contracts
Samples: Distribution Agency Agreement (Camden Property Trust), Distribution Agency Agreement (Camden Property Trust), Distribution Agency Agreement (Camden Property Trust)
Forward Price. On the Hedge Completion Date, the Initial Forward Price, and on any other dayday thereafter, the product of the Forward Price as of on the immediately preceding calendar day multiplied by the sum of (i) and 1 and (ii) + the Daily Rate for such day* (1/365); provided that the Forward Price on each Forward Price Reduction Date, the Forward Price in effect on such date Date shall be the Forward Price otherwise in effect on such date, date minus the Forward Price Reduction Amount per Share for such Forward Price Reduction Date.
Appears in 3 contracts
Samples: Equity Distribution Agreement (Broadstone Net Lease, Inc.), Physicians Realty Trust, Independence Realty Trust, Inc.
