Exchange Rights definition

Exchange Rights means any rights granted to limited partners of Simon Property Group, L.P., a Delaware limited partnership (including pursuant to an Exchange Rights Agreement) to exchange (subject to the Ownership Limit) limited partnership interests in such Partnership for shares of Capital Stock or cash at the option of the Corporation.

Exchange Rights means the exchange rights set out in the Exchange and Support Agreement and the Limited Partnership Agreement;

Exchange Rights has the meaning given to that term in Section 5.1(a);

Examples of Exchange Rights in a sentence

• In so refusing, the Trustee may elect not to exercise any Voting Rights, Exchange Right or Automatic Exchange Rights subject to such conflicting claims or demands and, in so doing, the Trustee shall not be or become liable to any person on account of such election or its failure or refusal to comply with any such conflicting claims or demands.

• The undersigned hereby makes the representations and warranties contained in Section 3.3 of the Exchange Rights Agreement as if such representations and warranties had been set forth in full in this Notice of Exchange.

• The form of each Exchange Rights Agreement governing the exchange of Partnership Units shall hereafter be provided by the General Partner.

• The form of each Exchange Rights Agreement governing the exchange of Partnership Units hereafter shall be determined by the General Partner.

• The form of Exchange Rights Agreement governing the exchange of Partnership Units shall be substantially in the form attached hereto as Exhibit C, with such changes as may be agreed to by the General Partner.

More Definitions of Exchange Rights

Exchange Rights means the right to exchange Virtu Financial Units and shares of Class C Common Stock or Class D Common Stock for shares of Class A Common Stock or Class B Common Stock, as applicable, in accordance with the Exchange Agreement.

Exchange Rights shall have the meaning set forth in Paragraph 2 hereof.

Exchange Rights means the right of BPI (or a Related Party to which BPI has transferred Royalties LP Securities or BP Canada LP Securities in accordance with the Governance Agreement) in respect of:

Exchange Rights means the right of SIR (or a Related Party to which SIR has transferred such Partnership Securities in accordance with the Governance Agreement) to exchange one Class A GP Unit for one Unit of the Fund, and by delivering such Class A GP Unit to the Trust in exchange for Units of the Fund which the Trust will obtain from the Fund. In addition, SIR, as the holder of Class C GP Units, will have the right to transfer such Class C GP Units to the Trust in consideration for the assumption by the Trust of (and the concurrent release of SIR of its obligations with respect to) an amount of the indebtedness under the SIR Loan equal to $10 per Class C GP Unit to be transferred.

Exchange Rights means, in respect of Class B Units and Class D Units, the right of a Holder to exchange one Class B Unit for the number of Shares equal to the Class B Exchange Multiplier applicable at the date of such exchange, or one Class D Unit for the number of Shares equal to the Class D Exchange Multiplier applicable at the date of such exchange.

Exchange Rights means the rights granted under the RRF, L.P. Agreement to the limited partners to exchange, under certain circumstances, their limited partnership interests for common shares (or, at the option of the trust, for cash).

Exchange Rights shall have the meaning set forth in Paragraph II hereof.