Specified Redemption Date definition
Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.
Specified Redemption Date means the first business day of the month following the month of the day that is 45 days after the receipt by the General Partner of the Notice of Redemption.
Specified Redemption Date means the day of receipt by the General Partner of a Notice of Redemption.
Examples of Specified Redemption Date in a sentence
If a Non-Managing Member, in each case, accepts such offer in writing, on the Specified Redemption Date the Non-Managing Member, in each case, shall sell such number of the Tendered Units to the Managing Member in exchange for a cash sum (the “Cash Purchase Price”) equal to the product of the Cash Amount and the Applicable Percentage.
Notwithstanding any delay in such delivery, such Member shall be deemed the owner of such Class A Shares for all purposes, including, without limitation, rights to vote and consent, receive dividends and distributions, and exercise rights, as of the Specified Redemption Date.
The Managing Member and the Company shall not be obligated to effect a Redemption until the Specified Redemption Date (it being understood that the Managing Member and the Company will not be required to consummate such Redemption with respect to any Tendered Units that are purchased by the Managing Member pursuant to Section 14.1(b)(i)).
More Definitions of Specified Redemption Date
Specified Redemption Date means the first business day of the month that is at least sixty (60) business days after the receipt by the General Partner of the Notice of Redemption.
Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that no Specified Redemption Date shall occur before one (1) year from January 26, 1994, provided further that if the Gables Trust combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.
Specified Redemption Date means, with respect to a given Partner, the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption, provided that no Specified Redemption Date may occur with respect to any Unit before one year after such Unit is issued by the Partnership.
Specified Redemption Date means the day of receipt by the General Partner of a Notice of Redemption; provided that in the event the General Partner elects a Stock Offering Funding pursuant to Section 8.6.C, such Specified Redemption Date shall be deferred until the next Business Day following the date of the closing of the Stock Offering Funding.
Specified Redemption Date means the tenth (10th) Business Day after the Cut-Off Date; provided, however, that no Specified Redemption Date shall occur during the Twelve-Month Period (except pursuant to a Special Redemption).
Specified Redemption Date means the 10th Business Day following receipt by the General Partner of a Notice of Redemption; provided that, if the REIT Shares are not Publicly Traded, the Specified Redemption Date means the 30th Business Day following receipt by the General Partner of a Notice of Redemption.
Specified Redemption Date means, with respect to any Redemption, the later of (a) the tenth (10th) Business Day after the receipt by the General Partner of a Notice of Redemption or (b) in the case of a Declination followed by a Public Offering Funding, the Business Day next following the date of the closing of the Public Offering Funding; provided, however, that the Specified Redemption Date, as well as the closing of a Redemption, or an acquisition of Tendered Units by the Previous General Partner pursuant to Section 5 hereof, on any Specified Redemption Date, may be deferred, in the General Partner's sole and absolute discretion, for such time (but in any event not more than one hundred fifty (150) days in the aggregate) as may reasonably be required to effect, as applicable, (i) a Public Offering Funding or other necessary funding arrangements, (ii) compliance with the Securities Act or other law (including, but not limited to, (a) state "blue sky" or other securities laws and (b) the expiration or termination of the applicable waiting period, if any, under the Hart-▇▇▇▇▇-▇▇▇▇▇▇ ▇▇▇itrust Improvements Act of 1976, as amended) and (iii) satisfaction or waiver of other commercially reasonable and customary closing conditions and requirements for a transaction of such nature.