BPY definition

BPY means Brookfield Property Partners, L.P., a Bermuda limited partnership.

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BPY has the meaning assigned thereto in the preamble;

BPY means Brookfield Property Partners L.P.;

Examples of BPY in a sentence

The Rights Agent shall requisition the BPY Units Amount or the Cash Amount, as applicable, without any further action or approval from BAM, for payment to any Class A Shareholder in accordance with Section 4(a) or Section 4(b) in accordance with the terms and conditions set forth in this Agreement.
In this Agreement, references to “generally accepted accounting principles” mean the generally accepted accounting principles used by BPY in preparing its financial statements from time to time.
The Rights Agent shall have no duty or obligation to calculate the Conversion Factor, to determine the number of Class A Shares issued, or to determine the number of BPY Units or BPY Unit Convertibles necessary to equal the product of (i) the number of such Class A Shares issued (excluding any shares issued to BAM or its Affiliates) multiplied by (ii) the Conversion Factor.
Any legend required to be placed on any certificates for Class A Shares or BPY Units may instead be included on any book-entry confirmation or notification to the registered holder of such Class A Shares or BPY Units.
BAM and the Rights Agent desire to set forth their rights and obligations with respect to the Secondary Exchange Rights and the delivery of the BPY Units Amount or, at BAM’s sole election, the Cash Amount in satisfaction of the Secondary Exchange Rights.

More Definitions of BPY

BPY means Brookfield Property Partners L.P., a Bermuda exempted limited partnership;

BPY means Brookfield Property Partners L.P., together with its subsidiaries;

BPY means Brookfield Property Partners L.P. or its successors or assigns under the Class A Senior Preferred Share Guarantee;

BPY shall have the meaning set forth in the recitals.

BPY means Brookfield Property Partners L.P., a Bermuda limited partnership, and shall be deemed to refer to all successors, including, without limitation, by operation of law.

BPY means Brookfield Property Partners L.P. and any successor. “Conversion Privilege” has the meaning attributed to it in Section 4.1(a).

BPY has the meaning ascribed thereto in the Recitals;