Common use of Special Optional Redemption Clause in Contracts

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

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

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Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described in the “Change of Control” section below.

Appears in 1 contract

Samples: Underwriting Agreement (CoreSite Realty Corp)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred StockJ preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock J preferred stock (whether the optional redemption right, the special optional redemption right or the special REIT qualification optional redemption right), the holders of Series C Preferred Stock J preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Taubman Centers Inc)

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control Control/Delisting occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any has provided or provides notice of its redemption rights relating election to redeem the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Innovative Industrial Properties Inc)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries J preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series J preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series J preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series G preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series G preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries K preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series K preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series K preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series series C Preferred Stockpreferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series series C Preferred Stock preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series series C Preferred Stock preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries E preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series E preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series E preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined below), the Issuer may, at its option, redeem the Series C Preferred Stockseries A preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series A preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series A preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Spirit Realty, L.P.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined below), the Issuer may, at its option, redeem the Series C Preferred Stockseries I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series I preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series I preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, L.P.

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries F preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series F preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series F preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

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

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred StockK preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock K preferred stock (whether the optional redemption right, the special optional redemption right or the special REIT qualification optional redemption right), the holders of Series C Preferred Stock K preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Taubman Centers Inc)

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Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series I preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series I preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control, (as defined in the Issuer articles supplementary) DLR may, at its option, redeem the Series C Preferred Stockseries L preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series L preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series L preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined below), the Issuer may, at its option, redeem the Series C Preferred Stockseries K preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series K preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series K preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty (Digital Realty Trust, L.P.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries H preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series H preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series H preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, L.P.

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C B Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C B Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C B Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

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

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series G preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series G preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Digital Realty Trust, Inc.

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