Class E REIT Shares definition

Class E REIT Shares means the REIT Shares referred to as “Class E Common Shares” in the Charter.
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Class E REIT Shares means the Class of REIT Shares designated as “Class E Common Shares” under the General Partner’s charter.
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Class E REIT Shares means the REIT Shares referred to as “Class E” shares in the Prospectus.
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Examples of Class E REIT Shares in a sentence

  • The Partnership shall redeem any such Sponsor Commitment Units for Class E REIT Shares or cash (at the holder’s election) unless the Board of Directors of the General Partner determines that any such redemption for cash would be prohibited by applicable law or this Agreement, in which case such Class E Units will be redeemed for an amount of Class E REIT Shares with an aggregate Net Asset Value equivalent to the aggregate Net Asset Value of such Class E Units.

  • For the avoidance of doubt, repurchases of Class E Units for Class E REIT Shares will not be subject to the requirement that all other stockholder repurchase requests under the Share Repurchase Plan have been processed and will not be subject to the 2% monthly and 5% quarterly limitations on repurchases and Sponsor Commitment Units are not subject to the Early Repurchase Deduction.

  • For the avoidance of doubt, repurchases of SLP Units for Class E REIT Shares will not be subject to the 2% monthly and 5% quarterly limitations on repurchases and SLP Units are not subject to the Early Repurchase Deduction.

  • The Partnership shall redeem any such Management Fee Units for Class E REIT Shares or cash (at the holder’s election) unless the Board of Directors of the General Partner determines that any such redemption for cash would be prohibited by applicable law or this Agreement, in which case such Class E Units will be redeemed for an amount of Class E REIT Shares with an aggregate Net Asset Value equivalent to the aggregate Net Asset Value of such Class E Units.

  • The Partnership shall redeem any such SLP Units for Class E REIT Shares or cash (at the holder’s election) unless the Board of Directors of the General Partner determines that any such redemption for cash would be prohibited by applicable law or this Agreement, in which case such Class E Units will be redeemed for an amount of Class E REIT Shares with an aggregate Net Asset Value equivalent to the aggregate Net Asset Value of such Class E Units.

Related to Class E REIT Shares

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.