Excess Shares shall have the meaning set forth in Section 3.1(a).
Excess Shares shall have the meaning set forth in Section 11(a)(ii) hereof.
Excess Shares has the meaning contained in Section 3.2(e)
Examples of Excess Shares in a sentence
Upon its completion, the Issuer will make a public announcement of any Conversion Shares Offer setting out the number of Excess Shares sold and the related Conversion Shares Offer Consideration.
More Definitions of Excess Shares
Excess Shares has the meaning set forth in Section 4(k)(ii).
Excess Shares has the meaning set forth in Section 5.2(a).
Excess Shares means the excess shares, par value $0.01 per share, exchanged for shares of Common Stock or Preferred Stock, as the case may be, transferred or proposed to be transferred in excess of the Ownership Limit or which would otherwise jeopardize the Company’s status as a REIT under the Code.
Excess Shares has the meaning specified in the Company’s Charter.
Excess Shares means any Common Shares (i) acquired or proposed to be acquired by any Person (other than an Existing Holder) pursuant to a Transfer to the extent that, if effective, such Transfer would result in the transferee either (A) Beneficially Owning Common Shares in excess of the Ownership Limit or (B) Constructively Owning Common Shares in excess of the Related Party Limit, (ii) acquired or proposed to be acquired by an Existing Holder pursuant to a Transfer to the extent that, if effective, such Transfer would result in such Existing Holder Beneficially Owning Common Shares in excess of the Existing Holder Limit for such Existing Holder, or (iii) which are the subject of a Transfer that, if effective, which would result in (A) the Common Shares being owned by fewer than 100 Persons (determined without reference to any rules of attribution), or (B) the Corporation being "closely held" within the meaning of Section 856(h) of the Code.
Excess Shares shall have the meaning set forth in Section 2.5.
Excess Shares means the excess stock, par value $0.01 per share, of the Company, as described in Section 7.7 hereof.