Kickout Interests definition

Kickout Interests has the meaning assigned to such term in the Master Transaction Agreement.
View Source

Examples of Kickout Interests in a sentence

  • The responsibility for the payment of any filings fees in connection with any filings under the HSR Act shall be apportioned between the JBG Parties and the Vornado Parties in proportion to the relative aggregate Asset Values of their Included Assets on the date hereof, in each case, including any Kickout Interests.

  • The Parties acknowledge that certain Included Interests may become Kickout Interests pursuant to Section 5.2(h).

  • All of the Required Jaguar Consents with respect to the Included Interests other than the Potential Kickout Interests shall have been obtained, and (ii) after taking into account any reduction in respect of Kickout Interests, at least 58.75% of the Equity Consideration to be issued in respect of the Potential Kickout Interests shall be payable at Closing.

  • Notwithstanding anything to the contrary contained herein, no Kickout Interest shall be transferred at the Closing, and the Cash Consideration and Equity Consideration payable to the applicable Jaguar Fund that owns such Kickout Interest shall be reduced by an amount of cash, Issued Giants Shares and Issued OP Units set forth opposite such Kickout Interests on Section 1.5 of the Jaguar Disclosure Letter.