Common use of Special Optional Redemption Clause in Contracts

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the “Change of Control Conversion Date”, the Issuer exercises any of its redemption rights relating to the Series J preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification optional redemption right), the holders of Series J preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Taubman Centers Inc)

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Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J preferred stockA Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J preferred stock A Preferred Stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J preferred stock A Preferred Stock will not have the conversion rights described in the “Change of Control” section below.

Appears in 1 contract

Samples: Underwriting Agreement (CoreSite Realty Corp)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J series G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J series G preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J series G preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J preferred stockC Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J preferred stock C Preferred Stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J preferred stock C Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J series H preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J series H preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J series H preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, L.P.

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series J series I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date”Date (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series J series I preferred stock (whether the optional redemption right, the special its optional redemption right or the REIT qualification its special optional redemption right), the holders of Series J series I preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J series E preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J series E preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J series E preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J preferred stockB Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J preferred stock B Preferred Stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J preferred stock B Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

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Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series J series G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date”Date (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series J series G preferred stock (whether the optional redemption right, the special its optional redemption right or the REIT qualification its special optional redemption right), the holders of Series J series G preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series J series C preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date”Date (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series J series C preferred stock (whether the optional redemption right, the special its optional redemption right or the REIT qualification its special optional redemption right), the holders of Series J series C preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series J series F preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series J series F preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J series F preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined below), the Issuer may, at its option, redeem the Series J series I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date”Date (as defined below), the Issuer exercises any of its redemption rights relating to the Series J series I preferred stock (whether the optional redemption right, the special optional redemption right or the REIT qualification special optional redemption right), the holders of Series J series I preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, L.P.

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