Status of Shares Held by the Trustee. Shares held by the Trustee shall be issued and Outstanding Shares . The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 47 contracts
Samples: Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Arrived Debt Fund, LLC)
Status of Shares Held by the Trustee. Shares held by the Trustee shall be issued and Outstanding Shares Shares. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 37 contracts
Samples: Agreement and Declaration of Trust (Pender Real Estate Credit Fund), Operating Agreement (Strategic Hotel Ventures, LLC), Operating Agreement (Century West Multifamily Income Reit, LLC)
Status of Shares Held by the Trustee. Shares of Capital Stock held by the Trustee shall be issued and Outstanding Shares outstanding shares of Capital Stock of the Corporation. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Trustee, shall have no rights to dividends or other distributions and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Trust.
Appears in 7 contracts
Samples: Support Agreement (Mobile Infrastructure Corp), Agreement and Plan of Merger (Hanover Capital Mortgage Holdings Inc), Agreement and Plan of Merger (Walter Industries Inc /New/)
Status of Shares Held by the Trustee. Shares held by the Trustee shall continue to be issued and Outstanding Shares outstanding Shares. The Prohibited Owner shall have no rights in the shares Shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions dividends or other Distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 5 contracts
Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)
Status of Shares Held by the Trustee. Shares of a Series held by the Trustee shall be issued and Outstanding outstanding Shares of such Series. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (ETRE Residential, LLC), Limited Liability Company Agreement (Etre Reit, LLC), Limited Liability Company Agreement (Etre Reit, LLC)
Status of Shares Held by the Trustee. Shares held by the Trustee shall be issued and Outstanding Shares outstanding Shares. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Operating Agreement (StartEngine Real Estate REIT 1 LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Status of Shares Held by the Trustee. Shares held by the Trustee shall be issued and Outstanding Shares Shares. The Prohibited Owner shall have no rights in the shares Shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions with respect to the Shares held in Trust and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (MGM Growth Properties LLC), Limited Liability Company Agreement (MGM Growth Properties LLC), Limited Liability Company Agreement (MGM Growth Properties LLC)
Status of Shares Held by the Trustee. Shares held by the Trustee shall continue to be issued and Outstanding outstanding Shares of the Company. The Prohibited Owner shall have no rights in the shares Shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions with respect to the Shares held in the Trust and shall not possess any rights to vote or other rights attributable to the Shares held in the Trust.
Appears in 2 contracts
Samples: Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (KKR Financial Holdings LLC)
Status of Shares Held by the Trustee. Equity Shares held by the Trustee shall be issued and Outstanding outstanding Equity Shares of the Trust. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Trustee, shall have no rights to dividends or other distributions and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Charitable Trust.
Appears in 2 contracts
Samples: Employment Agreement (Cv Reit Inc), Employment Agreement (Kranzco Realty Trust)
Status of Shares Held by the Trustee. Shares of Capital Stock held by the Trustee shall be issued and Outstanding Shares outstanding shares of Capital Stock of the Company. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Except to the extent expressly provided herein, the Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Trustee, shall have no rights to distributions Annex B-11 dividends or other distributions, and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Trust.
Appears in 1 contract
Status of Shares Held by the Trustee. Shares held by the Trustee shall continue to be issued and Outstanding outstanding Shares of the Company. The Prohibited Owner shall have no rights in the shares Shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to distributions with respect to the Shares held in the Charitable Trust and shall not possess any rights to vote or other rights attributable to the Shares held in the Charitable Trust.
Appears in 1 contract
Status of Shares Held by the Trustee. Shares of Capital Stock held by the Trustee shall be issued and Outstanding Shares outstanding shares of Capital Stock of the Company. The Prohibited Owner shall have no rights in the shares held by the Trustee. The Except to the extent expressly provided herein, the Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Trustee, shall have no rights to distributions dividends or other distributions, and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Trust.
Appears in 1 contract
Samples: Securities Purchase Agreement (Pinnacle Holdings Inc)
Status of Shares Held by the Trustee. Shares held by the Trustee shall be issued and Outstanding Shares of the Trust. The Prohibited Owner shall have no rights in the shares Shares held by the Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Trustee, shall have no rights to dividends or other distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Charitable Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Baseline CRE Income Fund)
