Restrictions and Forfeiture. (i) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) until the requirements of this Section 16.2(a) have been satisfied.
Appears in 14 contracts
Samples: Advisory Agreement, Agreement (American Realty Capital Healthcare Trust III, Inc.), Amended and Restated Agreement (American Realty Capital Trust III, Inc.)
Restrictions and Forfeiture. (i) All Class B M Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B M Units” and shall remain subject to forfeiture as provided in this Section 16.2(a15.2(a) until the requirements of this Section 16.2(a15.2(a) have been satisfied.
Appears in 6 contracts
Samples: Agreement (Inland Residential Properties Trust, Inc.), Inland Residential Properties Trust, Inc., Inland Residential Properties Trust, Inc.
Restrictions and Forfeiture. (i1) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) 16.2A until the requirements of this Section 16.2(a) 16.2A have been satisfied.
Appears in 1 contract
Samples: NexPoint Hospitality Trust, Inc.
Restrictions and Forfeiture. (iiii) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) until the requirements of this Section 16.2(a) have been satisfied.
Appears in 1 contract
Samples: Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)
