Repurchases of Shares. If the General Partner shall repurchase shares of any class of its shares of common stock, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor) in the manner provided in Section 6.10 hereof.
Repurchases of Shares. If the General Partner Entity exercises its rights under its organizational documents to purchase Shares or otherwise elects or is required to purchase from its shareholders Shares in connection with a share repurchase or similar program or otherwise, or for the purpose of delivering such Shares to satisfy an obligation under any dividend reinvestment or equity purchase program adopted by the General Partner Entity, any employee equity purchase plan adopted by the General Partner Entity or any similar obligation or arrangement undertaken by the General Partner Entity in the future, the purchase price paid by the General Partner Entity for those Shares and any other expenses incurred by the General Partner Entity in connection with such purchase shall be considered expenses of the Partnership and shall be reimbursable to the General Partner Entity, subject to the conditions that: (i) if those Shares subsequently are to be sold by the General Partner Entity, the General Partner Entity shall pay to the Partnership any proceeds received by the General Partner Entity for those Shares (provided, however, that a transfer of Shares for Partnership Units pursuant to Section 8.6 would not be considered a sale for such purposes); and (ii) if such Shares are required to be cancelled pursuant to applicable law or are not retransferred by the General Partner Entity within thirty (30) days after the purchase thereof, the General Partner shall cause the Partnership to cancel a number of Partnership Units (rounded to the nearest whole Partnership Unit) held by the General Partner equal to the product attained by multiplying the number of those Shares by a fraction, the numerator of which is one and the denominator of which is the Conversion Factor.
Repurchases of Shares. The Trust may purchase or repurchase Shares at the discretion of the Board of Trustees of the Trust. Any such purchase or repurchase made on or after the date of commencement of the Trust's investment operations shall be as of the last business day of a calendar quarter pursuant to written tenders by Shareholders, which written tenders shall be void unless received by the Trust at least 60 and no more than 90 days prior to the purchase or repurchase date. Purchases and repurchases of Shares may also be made at such other times as may be determined from time to time by the Board of Trustees of the Trust. No Shareholder shall be permitted to sell to the Trust on or after the date of commencement of the Trust's investment operations, and the Trust shall not purchase or repurchase on or after the date of commencement of the Trust's investment operations, any Shares that as of the purchase or repurchase date have been outstanding for less than one year; provided, however, that a Shareholder shall be permitted to sell to the Trust, and the Trust may purchase or repurchase, any Shares that are issued in connection with a reinvestment of the Trust's dividends and/or capital gain distributions ("Dividend Reinvestment Shares") at such time that the Shares with respect to which such dividends and/or capital gain distributions were paid, and thereby such Dividend Reinvestment Shares were issued, are permitted to be purchased or repurchased by the Trust. With regard to any purchase or repurchase of Shares, the price at which Shares shall be purchased or repurchased shall be based on the net asset value of the relevant Series calculated as of the date designated by the Board of Trustees of the Trust for purchase or repurchase of such Shares. In addition, with regard to any purchase or repurchase of Shares on or after the date of commencement of the Trust's investment operations, the Trust shall remit 95% of the initially determined purchase or repurchase amount to the applicable Shareholder upon purchase or repurchase and shall pay the purchase or repurchase balance after the availability of more accurate valuations of the Shares, which in any event shall not be until after the annual audit of the Trust by the Trust's independent accountants for the period that includes the date for which the net asset value calculation is made for such purchase or repurchase. Purchases and repurchases of Shares may be made subject to such additional terms as may be determined from time...
Repurchases of Shares. If Parent exercises its rights under its organizational documents to purchase Shares or otherwise elects or is required to purchase from its shareholders Shares in connection with a share repurchase or similar program or otherwise, or for the purpose of delivering such Shares to satisfy an obligation under any dividend reinvestment or equity purchase program adopted by Parent, any employee equity purchase plan adopted by Parent or any similar obligation or arrangement undertaken by Parent in the future, the purchase price paid by Parent for those Shares and any other expenses incurred by Parent in connection with such purchase shall be considered expenses of the Partnership and shall be reimbursable to Parent, subject to the conditions that: (i) if those Shares subsequently are to be sold by Parent, Parent shall pay to the Partnership any proceeds received by Parent for those Shares (provided, however, that a transfer of Shares for Partnership Units pursuant to Section 8.6 would not be considered a sale for such purposes); and (ii) if such Shares are required to be cancelled pursuant to applicable law or are not retransferred by Parent within thirty (30) days after the purchase thereof, the General Partner shall cause the Partnership to cancel a number of Partnership Units (rounded to the nearest whole Partnership Unit) held by the Parent equal to the product attained by multiplying the number of those Shares by a fraction, the numerator of which is one and the denominator of which is the Conversion Factor.
Repurchases of Shares. Subject to any legal requirements, the Investors may agree that, rather than returning any Business Assets of Acquired Businesses or the Retained Businesses to the relevant Investor by way of dividends, any Business Assets (or cash equal to the value of the Business Assets) shall be returned to Investors by the repurchase by the Company of Shares or the purchase of Shares by RBS (or a member of the RBS Group), in either case for consideration equal to the value of the Business Assets to be returned to the relevant Investor.
Repurchases of Shares. (A) BNYM shall process instructions to repurchase Shares in accordance with the following:All instructions given to BNYM regarding the repurchase of Shares conform to the Fund’s prospectus, be accompanied by such documents as BNYM reasonably determines to be appropriate to the particular transaction.
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Repurchases of Shares. Repurchases of Shares will be made at the net asset value per Share in accordance with the Fund’s applicable repurchase offer, then-current prospectus and Rule 23c-3 under the 1940 Act. If a fee in connection with any repurchase offer is in effect, such fee will be paid to the Fund. The net asset value of Shares will be calculated by the Fund or by another entity on behalf of the Fund. The Distributor has no duty to inquire into, or liability for, the accuracy of the net asset value per Share as calculated or the Fund’s compliance with any periodic repurchase offer in accordance with Rule 23c-3 under the 1940 Act. The proceeds of any repurchase of Shares shall be paid to the Fund to or for the account of any shareholder in accordance with the applicable provisions of the then-current prospectus.
Repurchases of Shares. If the Initial Member exercises its rights under its organizational documents to purchase Shares or other equity securities or otherwise elects or is required to purchase from its stockholders Shares or other equity securities in connection with a share repurchase or similar program or otherwise, or for the purpose of delivering such Shares or other equity securities to satisfy an obligation under any dividend reinvestment or equity repurchase program adopted by the Initial Member, or any Equity Incentive Plan or Employee Stock Purchase Plan adopted by the Initial Member or any similar obligation or arrangement undertaken by the Initial Member in the future, or pursuant to a net share settlement election under a forward sale contract, the purchase price paid by the Initial Member for those Shares or other equity securities and any other expenses incurred by the Initial Member in connection with such purchase shall be considered expenses of the Company and shall be reimbursable to the Initial Member, subject to the conditions that: (i) if those Shares or other equity securities subsequently are to be sold, the Initial Member shall pay to the Company any proceeds it receives for those Shares or other equity securities (provided, however, that a transfer of Shares for Class A Common Units pursuant to Section 8.6 would not be considered a sale for such purposes); and (ii) if such Shares or other equity securities are required to be cancelled pursuant to applicable law or are not retransferred by the Initial Member within thirty (30) days after the purchase thereof, the Company shall cancel (i) in the case of Shares, a number of Class A Common Units (rounded to the nearest whole Class A Common Unit) held by the Initial Member equal to the product attained by multiplying the number of those Shares by a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, and (ii) in the case of other equity securities, the Class A Common Units or other Membership Interests corresponding to such equity securities.
Repurchases of Shares
