Common use of Status of Reacquired Units Clause in Contracts

Status of Reacquired Units. All Class B-1 OP Preferred Units which shall have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Status of Reacquired Units. All Class B-1 A OP Preferred Units which shall have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Cv Reit Inc), Employment Agreement (Kranzco Realty Trust)

Status of Reacquired Units. All Class B-1 B-2 OP Preferred Units which shall have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 2 contracts

Samples: Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Status of Reacquired Units. All Class B-1 D OP Preferred Units which shall have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 1 contract

Samples: Merger Agreement (Kramont Realty Trust)

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