Common use of OP Units Clause in Contracts

OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to a Nominee who is an Accredited Investor shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and

Appears in 8 contracts

Samples: Contribution Agreement (Rexford Industrial Realty, Inc.), Contribution Agreement (Rexford Industrial Realty, Inc.), Contribution Agreement (Rexford Industrial Realty, Inc.)

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OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to a Nominee Pre-Formation Participant who is an Accredited Investor shall be distributed in in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.)

OP Units. The If the Contributor is an Accredited Investor, the Elected OP Unit Percentage of the Allocated Share attributable to a Nominee who is an Accredited Investor the Contributor shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and

Appears in 4 contracts

Samples: Contribution Agreement (Rexford Industrial Realty, Inc.), Contribution Agreement (Rexford Industrial Realty, Inc.), Contribution Agreement (Rexford Industrial Realty, Inc.)

OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to for the Contributed Interest or portion thereof held by a Nominee who Contributor, in the event such Contributor is an Accredited Investor Investor, shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering IPO Price; and

Appears in 2 contracts

Samples: Op Sub Contribution Agreement (American Assets Trust, Inc.), Op Sub Contribution Agreement (American Assets Trust, Inc.)

OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to a Nominee Pre-Formation Participant who is an Accredited Investor shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.)

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OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to a Nominee Pre-Formation Participant who is an Accredited Investor shall be distributed in in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.)

OP Units. The Elected OP Unit Percentage of the Allocated Share attributable to for each Contributed Interest or portion thereof held by a Nominee Contributor who is an Accredited Investor shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering IPO Price; and

Appears in 2 contracts

Samples: Op Contribution Agreement (American Assets Trust, Inc.), Op Contribution Agreement (American Assets Trust, Inc.)

OP Units. The If the Contributor is an Accredited Investor, the Elected OP Unit Percentage of the Allocated Share attributable to a Nominee who is an Accredited Investor such Contributor shall be distributed in whole OP Units in the form of a number of OP Units equal to the applicable portion of such Allocated Share divided by the Offering Price; and

Appears in 2 contracts

Samples: Contribution Agreement (Rexford Industrial Realty, Inc.), Contribution Agreement (Rexford Industrial Realty, Inc.)

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