Share Issuance to SIR. As described in the recitals, concurrently with the execution and delivery of this Agreement, SIR is purchasing 20,000 Shares from the Company pursuant to the SIR Subscription Agreement and, upon such purchase, SIR shall then become a Shareholder effective as of such purchase.
Appears in 7 contracts
Samples: Shareholders Agreement (CommonWealth REIT), Shareholders Agreement (Hospitality Properties Trust), Shareholders Agreement (Travelcenters of America LLC)