Examples of VRLP in a sentence
Prior to the effective date of the registration statement on Form 10 of which this information statement forms a part, and the completion of the distributions by each of Vornado and VRLP, we did not conduct any business and did not have any material assets or liabilities.
Vornado then distributed all of the UE common shares it had received from VRLP to Vornado common shareholders on a pro rata basis.
Following that contribution, VRLP distributed 100% of our outstanding common shares to Vornado and the other common limited partners of VRLP, pro rata with respect to their ownership of common limited partnership units in VRLP.
Following the distribution by each of Vornado and VRLP, Vornado and UE will be two independent, publicly held companies.
As a result, VRLP common limited partners and Vornado common shareholders all received common shares of UE in the spin-off at a ratio of one common share of UE to every two VRLP common units and every two common shares of Vornado.