ROC Share definition

ROC Share means a share in the capital of the U.S. REIT which is designated, by the board of directors of the U.S. REIT, within such capital as a preferred share and issued to the Partnership;
ROC Share means a Series A preferred share in the capital of the US REIT which is issued to the REIT LP; “SIFT tax” means tax imposed under the Tax Act on specified investment flow-through entities;
ROC Share means a share in the capital of the US REIT which is designated within such capital as a ROC Share and is issued to the REIT LP;

Examples of ROC Share in a sentence

  • The activities of the Partnership shall be restricted to directly or indirectly investing in Securities, including, without limitation, investing in and acquiring Shares, the ROC Share and any other class of shares that may be issued by the U.S. REIT from time to time, providing Limited Partners with cash distributions on a periodic basis derived from the income and net proceeds realized by the Partnership from such investments, and deriving income therefrom with a view to making a profit.

  • The activities of the Partnership shall be restricted to directly or indirectly investing in Securities, including, without limitation, investing in and acquiring Shares and, if issued, the ROC Share, providing Limited Partners with cash distributions on a periodic basis derived from the income and net proceeds realized by the Partnership from such investments, and deriving income therefrom with a view to making a profit.


More Definitions of ROC Share

ROC Share means a fully paid ordinary share in the capital of ROC
ROC Share means a share in the capital of the U.S. REIT which is designated, by the board of directors of the U.S. REIT, within such capital as a preferred share and may be issued to the Partnership;
ROC Share means a Series A preferred share in the capital of the US REIT which is issued to the REIT LP;