PREIT Shares definition
PREIT Shares means shares of beneficial interest in PREIT, par value $1 per share.
Examples of PREIT Shares in a sentence
The PREIT Shares that may be used by PREIT to redeem the Class A Units issuable as a result of the transactions contemplated hereby shall have been approved for listing on the American Stock Exchange upon official notice of issuance.
In exchange for such contribution, the Partnership shall issue to PREIT Subsidiary that number of additional Class A Units that, when aggregated with the numbers of Class A Units issued to PREIT Subsidiary as of the date hereof, equals the number of outstanding PREIT Shares as of the Closing.