Approval Right Termination Date definition

Approval Right Termination Date means the first date on which the Specified Limited Partners and any of their Affiliates (whether or not such Affiliates are or become Limited Partners pursuant to this Agreement) own less than 9.8% of the aggregate number of REIT Shares and Common Units acquired by the Specified Limited Partners and their Affiliates on April 1, 2015, pursuant to that certain Asset Purchase Agreement, dated as of December 6, 2014, by and among the General Partner, the Partnership and the Seller Parties (as defined therein).
Approval Right Termination Date means the earliest of (i) January 2, 2001, (ii) the date on which the Upper Tier Limited Partnership no longer holds any Partnership Interest as a result of the authorized exercise of the Purchase Right or the Put Right pursuant to Sections 12.2A or 12.2C of this Agreement or pursuant to such other transaction which does not constitute an Adverse Transaction, (iii) the date on which the Partnership no longer holds the Property Owning Partnership Interests pursuant to a transaction which does not constitute an Adverse Transaction, (iv) the date on which JMB LP no longer holds any partnership interest in the Upper Tier Limited Partnership, and (v) the Default Date.
Approval Right Termination Date means the earliest of (i) March 1, 2001, and (ii) the date on which the Partnership no longer holds the Property Owning Partnership Interest as a result of the authorized exercise of the Purchase Right or the Put Right (as such terms are defined in the Property Owning Partnership Agreement) pursuant to Section 12.2A or 12.2C of the Property Owning Partnership Agreement or pursuant to such other transaction which does not constitute an Adverse Transaction, (iii) the date on which the JMB Limited Partner no longer holds a Partnership Interest in the Partnership, and (iv) the Default Date.

More Definitions of Approval Right Termination Date

Approval Right Termination Date means the earliest of (i) January 2, 2001, and (ii) the date on which the Partnership no longer holds the Lower Tier Partnership Interest as a result of the authorized exercise of the Purchase Right or the Put Right (as such terms are defined in the Lower Tier Partnership Agreement) pursuant to Sections 12.2A or 12.2C of the Lower Tier Partnership Agreement or pursuant to such other transaction which does not constitute an Adverse Transaction (iii) the date on which the Lower Tier Partnership no longer holds the Property Owning Partnership Interests pursuant to a transaction which does not constitute an Adverse Transaction, (iv) the date on which the JMB Limited Partner no longer holds a Partnership Interest in the Partnership, and (v) the Default Date.
Approval Right Termination Date means the first date on which the Specified Limited Partners and any of their Affiliates (whether or not such Affiliates are or become Limited Partners pursuant to this Agreement) own less than 9.8% of the aggregate number of REIT Shares and Common Units acquired by the Specified Limited Partners and their Affiliates on [ closing date ], pursuant to that certain Asset Purchase Agreement, dated as of December 6, 2014, by and among the General Partner, the Partnership and the Seller Parties (as defined therein).
Approval Right Termination Date means the earliest of (i) January 2, 2001, (ii) the date on which the Upper Tier Partnership no longer holds any partnership interest in the Limited Partner as a result of the authorized exercise of the Purchase Right or the Put Right (as defined in the Agreement of Limited Partnership of the Limited Partner) or pursuant to such other transaction which does not constitute an "Adverse Transaction" under the Agreement of Limited Partnership of the Limited Partner, (iii) the date on which the Limited Partner no longer holds a Partnership Interest in the Partnership pursuant to a transaction which does not constitute an "Adverse Transaction" under the Agreement of Limited Partnership of the Limited Partner, (iv) the date on which JMB LP no longer holds any partnership interest in the Upper Tier Partnership, and (v) the Default Date.
Approval Right Termination Date means the earliest of (i) March 1, 2001, (ii) xxx xxxx xx xxxxx xhe Limited Partner no longer holds any Partnership Interest as a result of the authorized exercise of the Purchase Right or the Put Right pursuant to Sections 12.2A or 12.2C of this Agreement or pursuant to such other transaction which does not constitute an Adverse Transaction, (iii) the date on which the Partnership no longer holds title to the Property pursuant to a transaction which does not constitute an Adverse Transaction, (iv) the date on which JMB/NYC LP no longer holds any partnership interest in the Limited Partner, and (v) the Default Date.

Related to Approval Right Termination Date

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Stated Termination Date means December 31, 2000.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Event Termination Date See Section 2(e) hereof.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Company Termination Event means any of the following:

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.