Tendering Party definition

Tendering Party has the meaning provided in Section 8.5(a) hereof.

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Tendering Party has the meaning set forth in Section 15.1.A hereof.

Tendering Party shall have the meaning set forth in Section 6(b) hereof.

Examples of Tendering Party in a sentence

The General Partner, in its sole and absolute discretion, may waive the restriction on redemption set forth in this Section 8.5(e), provided that the Tendering Party has submitted such information, certification or affidavit as the General Partner may reasonably require in connection with the application of the restrictions described in this Section 8.5(e).
The General Partner, in its sole discretion, may waive any representation or certification required by the Notice of Redemption or any other document or documents provided by the Tendering Party pursuant to this Section 8.5(c).
A Tendering Party shall be deemed to have offered to sell the Tendered Units described in the Notice of Redemption to the General Partner and the General Partner may, in its sole and absolute discretion, elect to purchase directly and acquire such Tendered Units by paying to the Tendering Party either the Cash Amount or the REIT Shares Amount.
The percentage of the Tendered Units tendered for Redemption by the Tendering Party for which the General Partner elects to issue REIT Shares (rather than the Cash Amount) is referred to as the “Applicable Percentage.” In making such election to acquire Tendered Units, the Partnership shall act in a fair, equitable and reasonable manner that neither prefers one group or class of Limited Partners over another nor discriminates against a group or class of Limited Partners.
If the General Partner elects to redeem any number of Tendered Units for REIT Shares rather than the Cash Amount, on the Specified Redemption Date, the Tendering Party shall sell such number of the Tendered Units to the General Partner in exchange for a number of REIT Shares equal to the product of the REIT Shares Amount and the Applicable Percentage.

More Definitions of Tendering Party

Tendering Party has the meaning set forth in Section 8.4(a) hereof.

Tendering Party means a party or parties as a group who has / have participated in the tender process and submitted his / their tender in response to an invitation to participate in the tender or a party / parties who is / are prospective tenders qualified to participate in a tender based on notice issued by the Company inviting tender.

Tendering Party shall have the meaning set forth in Section 6(b) of this Partnership Unit Designation.

Tendering Party has the meaning set forth in Section 7.4(a).

Tendering Party has the meaning set forth in Section 11.01(a).

Tendering Party has the meaning provided in Section 8.5(a) of this Agreement.

Tendering Party means, in the event of a Third Party Claim, the party seeking indemnification.