Redemption Plan definition

Redemption Plan has the meaning assigned to such term in ‎Section 4.6.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Redemption Plan has the meaning assigned to such term in Section 4.6 of this OPERATING AGREEMENT REIT: means a real estate investment trust within the meaning of Sections 856 through 860 of the Code. ROLL-UP TRANSACTION: has the meaning assigned to such term in Section 10.6(a) of this OPERATING AGREEMENT.

Redemption Plan has the meaning ascribed to it in Section 8.3.

Examples of Redemption Plan in a sentence

The Manager may, in its sole discretion and to the fullest extent permitted by applicable laws and regulations, cause the Company to establish a redemption plan (a “Redemption Plan”), pursuant to which a Member may request that the Company redeem all or any portion of their Shares, subject to the terms, conditions and restrictions of the Redemption Plan.
Except in connection with any Redemption Plan established pursuant to Section 4.6, Members shall not have any right to resign from the Company; provided, that when a transferee of a Member’s Shares becomes a Record Holder of such Shares, such transferring Member shall cease to be a Member of the Company with respect to the Shares so transferred.
The Manager may also, in its sole discretion and to the fullest extent permitted by applicable laws and regulations, decline any particular redemption request made pursuant to a Redemption Plan if the Manager believes such action is necessary to preserve the Company’s status as a REIT.
In its sole discretion and to the fullest extent permitted by applicable laws and regulations, the Manager may set the terms, conditions and restrictions of any Redemption Plan and may amend, suspend, or terminate any such Redemption Plan at any time for any reason.

More Definitions of Redemption Plan

Redemption Plan means the Company’s Amended and Restated Redemption Plan, effective as of June 16, 2004, as the same may from time to time be amended or modified.

Redemption Plan is defined in ‎Section 4.6.

Redemption Plan means the plan delivered by the Company to Administrative Agent and Lenders dated July, 2002, describing the amounts Holdings and its Subsidiaries intend to expend in connection with the redemption and/or repayment of the Convertible Subordinated Notes.

Redemption Plan has the meaning assigned to such term in Section 4.6 of this OPERATING AGREEMENT

Redemption Plan means the redemption plan of the Notes appended under Annex B.

Redemption Plan shall have the meaning specified in Section 11.3.

Redemption Plan is defined in Section 9.05(e).