Net Asset Value Per REIT Share means, for each Class of REIT Shares, the net asset value per share of such Class of REIT Shares, determined as of the last business day of each month as described in the Prospectus.
Net Asset Value Per REIT Share means, for each Class of REIT Shares, the net asset value per share of such Class of REIT Shares most recently determined in accordance with the Valuation Procedures and in this Agreement.
Net Asset Value Per REIT Share means, for each Class of REIT Shares, the Net Asset Value per share of such Class of REIT Shares.
Examples of Net Asset Value Per REIT Share in a sentence
A DRIP Participant shall, on the date that the distribution is payable, be deemed to have received a cash distribution from the Partnership and paid to the Initial Limited Partner the entire amount of such cash distribution that otherwise would have been received by such DRIP Participant in such distribution, in exchange for the Initial Limited Partner’s issuance of REIT Shares to such DRIP Participant (at the then-current Net Asset Value Per REIT Share).
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If the General Partner redeems less than the full amount of REIT Shares requested to be redeemed under the Share Redemption Program in any month, then the percentage of outstanding Participation Units redeemed in such month shall not exceed the percentage of the aggregate Net Asset Value Per REIT Share redeemed pursuant to the Share Redemption Program for such month.
More Definitions of Net Asset Value Per REIT Share
Net Asset Value Per REIT Share means the most recently determined net asset value per share of the REIT Shares as determined on a quarterly basis (or more or less frequently) and published by the General Partner in a filing with the SEC pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
Net Asset Value Per REIT Share means, for each Class of REIT Shares, the net asset value per share of such Class of REIT Shares, determined as of the last business day of each month as described in the Prospectus. “Net Asset Value Per Unit” means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus. “Notice of Redemption” means the Notice of Exercise of Redemption Right substantially in the form attached as Exhibit A. “Offer” has the meaning set forth in Section 7.1(b). “Offering” means an offer and sale of securities, including, without limitation, REIT Shares and Units. “Partner” means any General Partner, Special Limited Partner or Limited Partner. “Partner Nonrecourse Debt Minimum Gain” means an amount with respect to each Partner’s nonrecourse debt (as defined in U.S. Treasury Regulations Section 1.704-2(b)(4)) equal to the Partnership Minimum Gain that would result if such partner nonrecourse debt were treated as a nonrecourse liability (as defined in U.S. Treasury Regulations Section 1.752-1(a)(2)) determined in accordance with U.S. Treasury Regulations Section 1.704-2(i)(3). “Partnership” means XXXXX Operating Partnership L.P., a Delaware limited partnership. “Partnership Interest” means an ownership interest in the Partnership held by a Limited Partner, the General Partner or the Special Limited Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. “Partnership Minimum Gain” has the meaning specified in U.S. Treasury Regulations Sections 1.704-2(b)(2) and 1.704-2(d). “Partnership Record Date” means the record date established by the General Partner for the distribution of cash pursuant to Section 5.2, which record date shall be the same as the record date established by the General Partner for a distribution to its stockholders of some or all of its portion of such distribution. “Partnership Representative” has the meaning described in Section 10.5(a). “Partnership Unit” means a fractional, undivided share of the Partnership Interests (other than the General Partnership Interest and the Special Limited Partnership Interest) of all Partners
Net Asset Value Per REIT Share means, for each Class of REIT Shares, the Net Asset Value per share of such Class of REIT Shares. “Net Asset Value Per Unit” means, for each Class of Partnership Unit, the Net Asset Value per unit of such Class of Partnership Unit. “Nonrecourse Deductions” has the meaning set forth in Section 5.1(c)(v).
Net Asset Value Per REIT Share means, for each Class of REIT Shares, the net asset value per share of such Class of REIT Shares, determined as of the last day of each calendar quarter as described in the Offering Memorandum. Net Capital Contribution Amount means the excess of (a) the aggregate amount of Capital Contributions made, or deemed to have been made pursuant to Section 4.3(b), in exchange for the issuance of Junior Units, over (b) in each case, without duplication, all distributions made pursuant to Section 5.2(a)(iii) plus the aggregate Cash Amounts distributed by the Partnership to redeem Common Units pursuant to Section 8.5(a) or paid by the General Partner in exchange for Common Units pursuant to Section 8.5(b) plus all amounts paid to redeem Common Units pursuant to Section 4.11(c).