Exchanged REIT Shares definition

Exchanged REIT Shares has the meaning set forth in Section 6.9(b).
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Exchanged REIT Shares has the meaning set forth in Section 6.10(b) hereof.
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Exchanged REIT Shares has the meaning set forth in Section 6.10(b) hereof. “GENERAL PARTNER” has the meaning set forth in the Preamble, and any Person who becomes a substitute or additional General Partner as provided herein, and any of their successors as General Partner.
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Examples of Exchanged REIT Shares in a sentence

  • The exchange of Units shall occur automatically after the close of business on the applicable date of the exchange of REIT Shares, as of which time the holder of a Class of Units having the same designation as the Exchanged REIT Shares shall be credited on the books and records of the Partnership with the issuance, as of the opening of business on the next day, of the applicable number of Units having the same designation as the Received REIT Shares.

  • The exchange of Partnership Units shall occur automatically after the close of business on the applicable date of the exchange of REIT Shares, as of which time the holder of a Class of Partnership Units having the same designation as the Exchanged REIT Shares shall be credited on the books and records of the Partnership with the issuance, as of the opening of business on the next day, of the applicable number of Partnership Units having the same designation as the Received REIT Shares.

  • In the event the General Partner redeems any REIT Shares, then the General Partner shall cause the Partnership to purchase from the General Partner a number of Partnership Units having the same Class designation as the Exchanged REIT Shares as determined based on the application of the Conversion Factor on the same terms that the General Partner redeemed such REIT Shares.

  • The exchange of Units shall occur automatically after the close of business on the applicable date of the exchange of REIT Shares, as of which time the holder of Class of Units having the same designation as the Exchanged REIT Shares shall be credited on the books and records of the Partnership with the issuance, as of the opening of business on the next day, of the applicable number of Units having the same designation as the Received REIT Shares.

  • The exchange of Partnership Units shall occur automatically after the close of business on the applicable date of the exchange of REIT Shares, as of which time the holder of a Class of Partnership Units having the same designation as the Exchanged REIT Shares shall be credited on the Partnership Register with the issuance, as of the opening of business on the next day, of the applicable number of Partnership Units having the same designation as the Received REIT Shares.

  • The exchange of Member Units shall occur automatically after the close of business on the applicable date of the exchange of Exchanged REIT Shares, as of which time the holder of the Class of Member Units having the same designation as the Exchanged REIT Shares shall be credited on the books and records of the Company with the issuance, as of the opening of business on the next day, of the applicable number of Member Units having the same designation as the Received REIT Shares.

  • The exchange of Units shall occur automatically after the close of business on the applicable date of the exchange of REIT Shares, as of which time the holder of a Class of Units having the same designation as the Exchanged REIT Shares shall be credited on the books and ​ ​ records of the Partnership with the issuance, as of the opening of business on the next day, of the applicable number of Units having the same designation as the Received REIT Shares.


More Definitions of Exchanged REIT Shares

Exchanged REIT Shares has the meaning set for in Section 7.1(e) hereof. General Partner’s Prospectus means any document, notice, or other communication satisfying the standards set forth in Section 10 of the Securities Act of 1933, and contained in a currently effective registration statement filed by the General Partner with, and declared effective by, the SEC, or if no registration statement is currently effective, then the Prospectus contained in the most recently effective registration statement.
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Related to Exchanged REIT Shares

  • 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.

  • 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.